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- Carney seeks to reverse $1 trillion in foreign capital flight in September
- Trump administration imposes tariffs of up to 12.5% on 60 trading partners over forced labour concerns
- Bodycam footage captures rescue of two boys trapped beneath Blackpool Pier
- Toddler dies after being left in minibus for several hours in Portugal
- Ireland’s investigation into alumina exports to Russia concludes ambiguously
- EU imposes new sanctions on Russia targeting energy, finance, and crypto sectors.
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- Ukraine replaces top military leaders amid improved combat performance
UK News
Two boys, aged 10 and 12, were rescued after becoming trapped beneath Blackpool Pier as the tide rose. The youngsters clung to the structure for approximately 40 minutes. Despite their mother’s efforts to reach them, volunteer lifeboat crews arrived swiftly and transported the boys to paramedics onshore.
Ann Widdecombe’s family will hold a public memorial later this year following her murder on July 9. Prosecutors disclosed allegations against Joshua Kerry, 28, who is charged with killing the former MP by striking her 21 times with a hammer. He remains in custody until an Old Bailey appearance on October 9.
A Russian warship conducted a live-fire artillery exercise 40 miles off Plymouth’s coast, monitored by the Royal Navy. The Russian frigate Neustrashimy notified HMS Tyne of its intentions before the 30-minute operation, which required the patrol vessel to maintain a safer distance.
Labour eager for progress on special tribunal to try Russia over Ukraine Exclusive: Lord chancellor…
Today’s business news – in the UK and beyond amid concerns about the world’s largest economy and the fall in the Asian, US and UK markets.
UK shares dropped on Wednesday morning following falls in Asian and US markets as concerns grow about the US economy – which is the world’s largest.
Data showed US manufacturing activity remains subdued, with investors now focussed on US jobs figures due on Friday.
The pound’s recent strong rally has slowed, with traders looking for direction in a quiet week for UK economic data. Sterling is down 0.2% against the dollar, trading around $1.311, after losing over 1% in the past five days.
The dollar is near a two-week high ahead of key US data, including manufacturing PMI and Friday’s jobs report. These figures will influence whether the US Federal Reserve cuts rates by 25 or 50 basis points in September.
Premier League to rewrite rules after legal defeat The Premier League is urgently reviewing its…
Analysts at Panmure Liberum believe the UK will outperform other major economies in the coming months, thanks to stronger domestic demand.
Recent PMI data shows the UK saw growth in output and new orders in August, unlike the US and other major European economies.
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