The US Federal Reserve held interest rates unchanged for the fifth time since December, despite Donald Trump's renewed calls to lower rates. The tenuous US-Iran peace deal has pushed energy prices up, strengthening the case for a hike.
Thames Water confirms customers won't see reduced bills due to the hosepipe ban, citing legal frameworks and billing structures.
Australia's June inflation fell to 3.8%, below expectations, slashing the chance of an August rate rise to just 3%, as petrol and electricity price dynamics shift.
Standard Chartered's investment bank profit fell 26% in Q3 due to Middle East conflict, with revenue dropping amid lower client activity.
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Barclays reports £1.3bn bonus pool, up 30%, and half-year profits of £6.1bn. TUC calls for higher bank taxes to tackle cost of living crisis.
Australian banks overcharged mortgage holders $55 million in extra interest due to faulty offset accounts, with Asic warning the figure will rise as remediation continues.
Fare evasion costs TfL £165m a year, nearly matching the £168m raised by March fare rises, prompting accusations of 'sheer incompetence' from the Centre for Government Reform.
Westminster City Council will lose over £100 million in government funding over four years, prompting council tax rises and service cuts. Residents are being asked which services to prioritize.
Richard Hammond was fined £999 and given seven penalty points after pleading guilty to two speeding offences in Shropshire court. Additional charges of failing to identify driver were withdrawn.
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Australia's first new oil refinery in 60 years could be built in Western Australia under a $4m feasibility study funded by the Commonwealth and WA government to reduce fuel vulnerability amid global oil shocks.
Aaron Strachan, 21, dragged a 15-year-old girl to a dingy basement in Edinburgh, raped her at knifepoint, and later fled custody. He received a lifelong restriction order with a minimum five years, with the judge saying he may never be released.
Prime Minister Andy Burnham signals potential reform of council tax and stamp duty, with options including a proportional property tax or land value tax.
Economists warn that surging oil prices could compel the Bank of England to raise interest rates, threatening economic growth and increasing borrowing costs for households and businesses.
Andy Burnham announces a £2.5bn social care plan for Greater Manchester, including free personal care and a pay rise for carers, funded by a local tax levy.
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PM Andy Burnham says Manchester residents pay 'much higher' council tax than some in London, hinting at reforms. Number 10 denies plans to replace council tax with property or land value tax.
The US House passed a $1.15tn defense policy bill in a near-party-line vote, with Democrats opposing it over the Iran war and Trump-backed voting restrictions.
Media critic Mark Lawson discusses with Nosheen Iqbal why the BBC director general has lost faith in the licence fee model and what funding options exist for the national broadcaster.
Andy Burnham vows to end rough sleeping as PM. Record 4,793 people slept rough in England in 2025. Manchester's 'A Bed Every Night' model may go national.
One Nation leader Pauline Hanson said domestic violence leave is 'ridiculous' and claimed 75% of police time is spent on DV, taking focus from 'real crime'.
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Gary Lineker and over 100 wealthy Brits sign open letter to PM Andy Burnham, demanding higher taxes on the rich, sparking debate on wealth tax feasibility.
Defense Secretary Pete Hegseth proposes a 44% increase to $1.5tn for 2027, matching WWII levels, while seeking emergency Iran war funding and cutting 'woke' programs.
Centrica threatens to close Rough gas storage facility by April 2025 unless government provides long-term financial support for £2bn expansion, raising UK energy security concerns.
Croydon Council's annual agency staffing costs have risen from £22m to £55m in four years. Mayor Jason Perry defends the increase, saying temporary staff are needed for financial stabilisation, but Labour calls it a 'staggering failure'.
City leaders call on new Chancellor John Healey to prioritize financial services competitiveness, tax stability, and post-Brexit reforms in his first budget.
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More than 16 million people in England and Wales live beyond a 1km round trip from a 24/7 defibrillator, reducing cardiac arrest survival chances.
UK inflation dropped to 2.6% in June, exceeding forecasts, as fuel and clothing prices fell, giving a lift to PM Andy Burnham's cost-of-living agenda.
Defence secretary Wes Streeting says higher defence spending will drive economic growth, as Labour prioritises military over other departments under Andy Burnham.
The DWP will reopen the Warm Home Discount in October, giving eligible households a one-off £150 payment applied directly to electricity bills to help with heating costs.
Tadej Pogacar and Jonas Vingegaard faced unexpected night-time doping controls before stage 15 of the Tour de France, authorized by a Paris judge. Vingegaard was tested at 2am, Pogacar at 5am.
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Ethiopia launches Makatet, a pioneering project to integrate refugees through education and employment, potentially offering a solution to the global migration crisis amid Sudan's war.
