Chancellor Rachel Reeves is back in the headlines after an impact assessment revealed the chancellor’s welfare overhaul – aimed to get more people back in work – could see even more people signed off. 

One of the biggest stories dominating the UK news today reports that Thames Valley Police shot dead a man carrying a knife at the busy Milton Keynes train station yesterday. Earlier reports had indicated the man was carrying a firearm, but it was later confirmed to be a knife. Police confirmed the man was white and was challenged by officers before being shot dead.

Wednesday’s news headlines are dominated – in print and online – by one story and one story only. The US is set to unveil its newest tariffs, which are expected to hit every country with what the US media is reporting to be a blanket 20% tariff on all non-American goods. The headlines range from the stock markets, the UK’s attempts for a last-minute exemption, and how the tariffs threaten to unbalance the books for Chancellor Rachel Reeves.

Beyond the tariffs, there are a handful of other stories dominating the UK news including an armed man being shot dead at Milton Keynes station, the ongoing row between Prince Harry and the charity he founded, and news that 23 more women have made allegations against serial rapist Zhenhao Zou.

U.S. Attorney General Pam Bondi has announced that prosecutors will pursue the death penalty against Luigi Mangione following the murder of UnitedHealthcare CEO Brian Thompson, marking the first federal death penalty case since the Trump administration reinstated capital punishment after a hiatus.

Bill Murray faced backlash after kissing Naomi Watts during a live interview on Watch What Happens Live, prompting viewers to label the act as ‘gross’ and ‘disrespectful’.

Politics is dominating the news in the United States – and around the world – with Donald Trump’s latest tariffs set to be announced tomorrow, the markets reaction to the impending tariffs and talks of Trump seeking a third term.

Trump is set to announce new tariffs on imports, including a 25% tax on foreign cars. The move aims to boost U.S. manufacturing but may raise prices and strain trade relations. The UK and other countries are expected to respond with their own tariffs.

Trump recently suggested the possibility of seeking a third term in office, despite the clear prohibition outlined in the 22nd Amendment of the U.S. Constitution, which limits presidents to two terms. In a recent interview, Trump stated he was “not joking” about exploring “methods” to remain in power beyond his current term. ​