CITY AM says fears over the health of the City’s stock market have been laid bare after trading platform IG became the latest firm to sound the alarm over the “crisis unfolding” on the London bourse.
Rebel Labour MPs received a last-minute concession concerning the welfare bill, ensuring changes to Personal Independence Payment (PIP) eligibility will only follow the completion of the Timms review, due in autumn 2026.
Labour MP Rachael Maskell criticises the government’s welfare reforms as “Dickensian,” urging colleagues to oppose a bill she believes fails to protect the poor.
Azerbaijani police raided the offices of Sputnik, citing illegal financing despite the agency’s accreditation being revoked in February 2025.
The government has performed a U-turn on welfare reforms after pressure from 126 Labour backbenchers, who signed an amendment to stall the bill.
Crypto
Bitcoin soared to an all-time high, briefly surpassing $106,000, fueled by optimism over Donald Trump’s pro-cryptocurrency stance ahead of his return to the White House. The cryptocurrency has gained more than 50% since Trump’s election victory on November 5.
Technology
Donald Trump announced that a “very wealthy group” will be revealed as the buyer of TikTok in approximately two weeks, pending potential Chinese government approval.
Matt Clifford, Sir Keir Starmer’s AI opportunities adviser, is stepping down for family reasons after six months in the role, having advised on the AI opportunities action plan.
The 2025 Paris Air Show highlighted Europe’s urgent push to advance its drone technology amid lessons from the Ukraine conflict.
The UK government’s proposed Data (Use and Access) Bill has faced its fourth defeat in the House of Lords. Peers voted 242 to 116 in favour of an amendment that would require greater transparency from tech companies using copyrighted material to train artificial intelligence models.
Space & Science
The European Commission has introduced its landmark EU Space Act, which proposes a unified regulatory framework for the entire bloc, applicable to both EU and non-EU space operators.
Travel
Cliff Notes – Inside the £28,999 Glastonbury accommodation with pools, an onsite hairdresser and helicopter arrivals The Pop Up Hotel offers luxurious glamping options…