Met Police accused of failing Al Fayed trafficking victims
At least five survivors of Mohamed Al Fayed's trafficking were confirmed by the Home Office, but the Met Police failed to refer them to the NRM, forcing self-referrals.
Category : Budget Finance
Reform UK's £50bn benefit cuts target disabled, foreign nationals
Reform UK plans £50bn benefit cuts, targeting disabled people and foreign nationals, sparking accusations of punishing the vulnerable and undermining EU withdrawal agreement.
Social housing adds £27.8bn to London economy, study finds
London's social housing residents contributed £27.8bn to the economy in 2024, a G15 study finds, highlighting the need for affordable homes as a service, not commodity.
Central Banks' Rate Dilemma Amid Inflation and Slow Growth
Central banks face a dilemma: inflation rises due to Iran war oil prices, but growth slows. Fed, BoE, ECB weigh rate hikes cautiously.
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Reform to scrap Pip in £50bn welfare overhaul plan
Reform UK's plan to scrap Pip disability benefits, cutting £50bn from UK welfare, targeting 2.89 million people, as detailed by Robert Jenrick.
Benefits paid early before August bank holiday for millions
Millions will receive benefit payments early on August 28 ahead of the bank holiday. Universal Credit, State Pension, PIP and more are included.
Royal Estates Rent Homes Failing Energy Standards
Over 100 homes on King Charles and Prince William's estates have EPC ratings of F or G, failing legal minimums, with one in five of sampled lets substandard.
UK Employment Laws May Reshape London Hedge Fund Hiring
New UK employment laws, including a right to request predictable hours, may alter how London hedge funds hire and retain staff, according to legal experts.
Aviva Investors Raises £1.5bn, Revenue Growth Boosts Profit
Aviva Investors reported a 12% revenue increase, boosting operating profit to £1.5bn in 2023, driven by strong performance in its investment arm.
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Private Markets Face Financial Crime Scrutiny
Regulators flag private markets as a growing financial crime risk, urging firms to bolster AML controls as private credit and equity swell.
Tesla CEO pay gap: Musk earns 2.5m times worker's salary
Tesla paid Elon Musk 2.5m times more than its median worker in 2025, a new AFL-CIO report shows, highlighting widening CEO-worker pay gaps.
Burnham slams water firms over bill hikes
Andy Burnham says water companies treat customers as a 'bottomless source of funding' after Ofwat approves £3.4bn extra spending, adding to bills.
BAE Systems to pay $36m penalty for 104 US arms export violations
BAE Systems will pay a $36m civil penalty after 104 violations of US arms export rules, including unauthorised data exports to China. The settlement with the US State Department includes a suspended $18m for compliance improvements.
UK universities face financial crisis amid student visa drop
UK universities face a financial crisis as international student visa applications fell 11%, risking staff cuts and course closures, leaders warn.
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Trump’s yen intervention: preserving the carry trade, not rescuing Japan
The US intervened to stabilize the yen, but the real goal is to keep Japan’s cheap money flowing into US tech assets, says the Guardian.
US Inflation Dips to 3.4% in July, Prices Still High
US inflation cooled to 3.4% in July, but prices remain elevated above prewar levels; core inflation rose to 2.5%, and gas averages $4 a gallon.
US credit card debt hits record $1.2tn: Fed report
US credit card balances reached a record $1.2 trillion in Q2 2026, up 4.6% year-over-year, according to a Federal Reserve report, with delinquencies rising among younger borrowers.
Solar Eclipse 2026: Times for Every London Postcode
See the exact solar eclipse times for every London postcode on Aug 12, 2026. Over 90% of the sun will be obscured at 7pm. Check your peak viewing time now.
Ealing Council £1,000 Card Spend: Wine, Flights, Hotels
Ealing Council used a corporate card for £175 wine and £1,000 on flights/hotels, but says all costs were legitimate or reimbursed.
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RBA holds rates, Albanese defends economic plan
The Reserve Bank kept interest rates unchanged at 4.35%, prompting PM Albanese to defend his economic strategy amid opposition criticism.
Nvidia's AI Boom Reshapes Wall Street Finance
Nvidia's AI infrastructure boom is transforming Wall Street finance, with record data center revenue and new financial products tied to AI, according to industry reports.
Cocaine worth £232m found in bananas at UK port
Border Force seized nearly 3 tonnes of cocaine hidden in banana boxes at London Gateway Port, with nine men arrested and bailed.
Solar Eclipse Glasses & Pinhole Projectors: Safe Viewing
Learn how to safely view the solar eclipse using certified glasses or a DIY pinhole projector, avoiding eye damage. Experts share tips.
EuroMillions £14m Jackpot Tonight: Syndicate Deal
Tonight's EuroMillions jackpot is £14m; a syndicate deal increases chances, but 'Silent Mode' is key. Full details inside.
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UK heatwave alerts as New Forest fire continues
UKHSA issues heat health alerts for England as fifth heatwave arrives, with temperatures up to 29°C and 71.3% of England in drought.
Trump signs order to break up MMR vaccine, override CDC
Trump signs executive order to overhaul CDC vaccine schedule, splitting MMR into three shots and recommending separate visits, despite legal and safety concerns.
Council accountant avoids jail after £72k theft
A Portsmouth council accountant, Amirum Begum, avoided prison after stealing £72,582.17 to pay off Kenyan scammers, receiving a suspended sentence.
Average UK savings by age group revealed
Brits have £19,214 in savings on average, but 39% have £1,000 or less. See how your age group stacks up and get expert tips.
HMRC: 700,000 owed £473 tax refund - check now
HMRC confirms 700,000 Brits may be owed average £473 in tax refunds via P800 letters. Claims can be made online or via app, with payments in 5 days.
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Woman's life 'turned upside down' after 100kg steel beam crushed her
Natalie McCreith, 40, suffered multiple fractures, a punctured lung, and paralysis after a 100kg steel beam fell on her at Beaverbrook Hotel in June 2024. Her employer was fined £12,000.
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