British mountaineer says K2 challenge is ‘one of the world's toughest'
The 42-year-old hopes to reach the summit before the end of July.
Located on the border of Pakistan and China, K2 has a reputation for being extremely challenging to climb because of its steep slopes, avalanches and unpredictable weather.
Mr Rahman, based in Oldham, Greater Manchester, is attempting to climb the 14 highest peaks in the world.
He started out in climbing by scaling Snowdon in Wales in 2019.
In 2020, Mr Rahman climbed Mount Kilimanjaro and Mont Blanc within a week and, later that year, he broke the UK record for climbing Russia's Elbrus – Europe's tallest mountain – after reaching the summit in less than 24 hours.
In 2022, he became the first British Muslim to reach the summit of Mount Everest, the world's tallest mountain.
He has raised more than £1 million for charity during his mountaineering career.
Mr Rahman said compared with other mountains, K2 is 'one of the world's toughest'.
He went on: 'When I discovered climbing, I knew I wanted to keep challenging myself by summiting more and more mountains.'
Luke Broad, UK brand director for car manufacturer Dacia, which is providing funding to support Mr Rahman's K2 attempt, said: 'Dacia is a brand with outdoor spirit.
'There is no better way of showing our support for adventure and the great outdoors than to support Akke.
'We are really impressed with his drive and determination, so we are proud to support his next challenge.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
34 minutes ago
- Business Insider
Beat It Musk! Thousands of Brits Aim to Block ‘Unfit' Tesla's U.K. Energy Plan
Thousands of angry Brits have told Tesla (TSLA) boss Elon Musk to pull the plug on plans to enter the country's energy supply market. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Over 8,000 people have asked energy regulator Ofgem to block Tesla from supplying British households with electricity over owner Elon Musk's 'clear political agenda'. License Bid Tesla Energy Ventures is currently trying to get approval for an energy license from regulator Ofgem to supply British households and take on giants such as British Gas owner Centrica and Octopus Energy. If successful, it hopes to start switching on supply next year. Members of the public have until Friday to comment on the application, after which Ofgem will decide whether to grant Tesla a licence to supply electricity. They haven't been holding back. According to campaign group Best for Britain, 8,462 people have used its online tool to lodge objections with Ofgem. The group believes that Musk is not a 'fit and proper' person to have a 'foothold in our essential services.' Best for Britain's chief executive Naomi Smith said: 'We've all had a front row seat to Musk's malign influence, turning Twitter into an incubator for right-wing hate. British people are rightly against Musk being anywhere near our electricity supply and that's why we are encouraging more people to make their views known before Friday.' Tesla has had its troubles this year with its EV arm, faced by stiffer competition and the hit to brand reputation caused by Musk's involved in the Trump administration. This has impacted the company's previous 'tour de force' share price performance. However, it has a burgeoning solar energy and battery storage business and has been an electricity supplier in Texas for the past three years. Good Energy Tesla's energy business saw total energy generation and storage revenue jump 67% year over year to more than $10 billion in 2024. After deploying 14.7 gigawatt hours (GWh) of storage in 2023, Tesla more than doubled this figure to 31.4 GWh in 2024. Its Megapack product – a grid-scale battery storage solution designed for utilities and large-scale commercial customers, has led the way. The company is producing Megapacks at its dedicated Lathrop, California, facility, and recently started production at a second Megapack factory in Shanghai, with a target production of up to 40 GWh of capacity per year. The British business is expected to be branded TeslaElectric and could focus on supplying electricity to consumers who own Tesla products such as cars or batteries. Indeed, according to industry experts, Tesla is in a strong position in the U.K. to start supplying if the license application is approved. It has sold more than a quarter of a million EVs and tens of thousands of home storage batteries, called Powerwalls, in the UK, which could help it gain access to a sizeable customer base for an electricity supply business. Is TSLA a Good Stock to Buy Now? On TipRanks, TSLA has a Hold consensus based on 14 Buy, 15 Hold and 8 Sell ratings. Its highest price target is $500. TSLA stock's consensus price is $307.23, implying an 8.33% downside.
Yahoo
an hour ago
- Yahoo
UK must change Bitcoin rules to catch up with Trump
While Donald Trump pledges to make the US the 'crypto capital of the world' the UK is slipping further behind with outdated Bitcoin regulations, writes Gautam Pillai Rachel Reeves hasn't minced words lately in her pursuit of economic growth. She wants to take the regulatory boot off the neck of British businesses and put the UK 'at the forefront of digital asset innovation'. Fine words, but they don't match the reality. While Donald Trump pledges to make the US the 'crypto capital of the world' the UK is slipping further behind. Take just one example of this: Bitcoin treasury companies (BTCs). As Peel Hunt's research today shows, a new class of publicly listed companies has emerged to provide investors with equity exposure to Bitcoin. These firms raise capital through equity markets to buy and hold Bitcoin. Bitcoin is no longer a fringe, speculative asset. More than 160 public companies have now adopted a Bitcoin treasury strategy, collectively holding around 950,000 coins – more than four per cent of Bitcoin's circulating supply with a market value of over $110bn. But the development of these BTCs is turning into another case study in how the UK risks losing ground to the US and its crypto bro President. The top firms in the US have a combined market value of $130bn, but the top 10 BTCs in the UK are paltry by comparison – less than one per cent of that size combined. Why? The US environment is altogether friendlier. While the US has adopted modern standards that allow companies to reflect the real-time value of digital assets like Bitcoin, the UK is stuck with outdated risk-averse accounting rules that dampen transparency and discourage investors. UK regime is punitive towards Bitcoin Under our accounting rules, Bitcoin is still treated as an intangible asset. That means it is booked in the accounts at the cost of purchase, subject to impairment if the price falls – but the gains cannot be recognised unless the asset is sold. The economic reality is obscured. Investors must dig through footnotes to work out what the company is really worth. It is a regime totally unsuited to a liquid, publicly traded asset. In the US, this changed in 2023 when regulators introduced fair value accounting for digital assets. Gains and losses now go through the income statement, giving investors a clear view and companies a fair shot at reflecting performance. This reform played a critical role in allowing companies like Strategy to become credible Bitcoin proxy stocks, with transparency and investor trust at the core. Strategy is now worth more than $100bn. Meanwhile the UK is in the slow lane. The current treatment of Bitcoin discourages UK-listed companies from holding digital assets, even when it aligns with long-term strategy. It also creates asymmetry for investors. A rising Bitcoin price cannot be recognised, but a falling one must be recorded as a loss. That's not prudent regulation, more punitive. Companies like The Smarter Web Company (SWC) have already seen investor enthusiasm surge after disclosing Bitcoin treasury positions, despite the lack of accounting clarity. Imagine what could happen if UK firms were allowed to reflect fair value directly in earnings. What's missing is the courage to move. This is not a call for a deregulatory free-for-all. Holding Bitcoin in treasury requires robust governance, secure custody and clear disclosures. But none of that precludes updating the accounting standard, allowing more informed investors, attracting capital and sending a message that Britain still backs innovation against US markets stretching their lead. If the Chancellor is serious about loosening the heavy tread of the boot, she should start here. Gautam Pillai is head of fintech research at Peel Hunt Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Norway soccer federation says it will donate profits from Israel game to humanitarian work in Gaza
GENEVA (AP) — Norway's soccer federation says it 'cannot remain indifferent' to humanitarian suffering in Gaza and will donate any profits from an upcoming World Cup qualifying game against Israel to aid work there. Norway plays Israel in Oslo on Oct. 11. 'Neither we nor other organizations can remain indifferent to the humanitarian suffering and disproportionate attacks that the civilian population in Gaza has been subjected to for a long time,' Norwegian Football Federation President Lise Klaveness said in a statement Tuesday. 'We want to donate the proceeds to a humanitarian organization that saves lives in Gaza every day and provides active emergency aid on the ground,' she said. It wasn't immediately clear how much the Norwegian federation expected to earn through ticket sales for the match, which begin next week. The Israeli soccer federation responded to the move on Wednesday by urging its Norwegian counterpart also to condemn the Oct. 7, 2023, attacks and hostage-taking by Hamas. In a statement first published by British daily The Telegraph, the Israeli federation also called on the Norwegians to 'make sure that the money is not transferred to terrorist organizations or to whale hunting,' referring to an issue Norway has faced global criticism for. The Norwegian federation said it is working with UEFA and local police on security arrangements for the Oct. 11 game. Extra security is expected to limit capacity by up to 3,000 tickets, the federation said. Ullevaal Stadium typically has crowds of 26,000 for national-team games. Israel has been unable to host games in international competitions for security reasons since October 2023. It staged its 'home' qualifying game against Norway in Hungary. Norway won that game 4-2 in March. Norway currently tops the five-nation qualifying group ahead of Israel. ___ AP soccer:
