- Russian missiles strike Kyiv, killing two, amid international tensions.
- UK to implement trade ban on goods from illegal Israeli settlements
- Trump warns of consequences for Bombardier and Canadian dollar as counter-tariffs loom
- Taliban fighters wield US weapons five years after American withdrawal
- Man and woman found dead with stab wounds in Blackburn home
- Bernie Ecclestone arrested in Portugal for alleged illegal gun possession
- Russia resumes strikes on Kyiv following end of three-day pause
- Panama Canal may further reduce ship traffic as El Niño intensifies
UK public borrowing exceeds official forecast in September
FT.com Tweet
Government borrowing overshot official projections in September, which is a sign of the difficult fiscal position that the Chancellor faces as she puts the finishing touches on her first tax and spending budget.
CITY AM Tweet
Russian missiles strike Kyiv, killing two, amid international tensions.
Russian strikes on Kyiv have intensified, resulting in at least two fatalities as military aggression escalates despite ongoing U.S. mediation efforts. The bombardment, which occurred early on Monday, marks a significant resurgence in hostilities following a brief lull, stirring fears of an imminent escalation in the Ukraine conflict. This development exacerbates the already heightened global security tensions surrounding the ongoing war.
The strikes have prompted a swift response from western allies, with potential implications for energy markets as crude oil prices react to the instability. Following the recent attacks on Saudi Arabian cities by the Houthis, which have further strained global supply chains, other regionals events could also influence energy prices. Watch for forthcoming NATO discussions regarding enhanced support for Ukraine as the situation develops.
Key developments across the world
Saudi Arabia says 73 wounded as Houthis attack civilian and energy sites
GLOBAL SECURITY — The Houthis attacked several civilian and energy sites in Saudi Arabia, resulting in 73 injuries.
This escalation in attacks has led to significant consequences for the local economy and heightened security concerns, as the Houthis target strategic locations. This situation is intensifying regional tensions amidst ongoing conflict in Yemen.
Russian strikes resume, killing two in Kyiv despite US mediation
GLOBAL SECURITY — Russian missile strikes on Kyiv resulted in at least two fatalities, marking a continuation of hostilities amidst US efforts for diplomacy.
The strikes demonstrate Russia’s persistent military aggression against Ukraine, even as US officials engage in mediating peace talks. This violence complicates international relations and raises concerns over the effectiveness of diplomatic channels.
Canada’s retaliatory US tariffs take effect as trade dispute grows
GLOBAL TRADE — Canada has implemented retaliatory tariffs on US goods in response to ongoing trade disagreements.
The new tariffs, effective immediately, have escalated tension in US-Canada trade relations and could affect numerous sectors. This move comes as both nations navigate complex trade dynamics, impacting their bilateral economic relationship.
Middle East latest: Oil prices spike after attacks on Saudi Arabian cities by Houthis
GLOBAL ENERGY — Oil prices have surged following Houthi attacks on Saudi cities, raising concerns over energy supply stability.
This escalation has potential ramifications on global oil markets, with prices nearing the $100-per-barrel mark. Increased uncertainty in the region could lead to further market volatility and impact economic planning worldwide.
American family missing in apparent crash of small plane off Bahamas coast
GLOBAL MIGRATION — A family from the US has gone missing after their small plane disappeared off the coast of the Bahamas.
The search for the family is ongoing, highlighting the dangers of private air travel in remote regions. This tragic incident underscores concerns regarding inadequate emergency response in such scenarios.
What to watch — Keep an eye on the developments in the Saudi energy sector following recent attacks.
Further reading from global news sources
BBC News
US-Canada tariffs: Canada braces for prolonged trade war as counter-tariffs on US take effect
Financial Times
How Canadian companies are navigating Trump’s tariffs
The Guardian
Canada’s retaliatory US tariffs take effect as trade dispute grows
Al Jazeera
Russian strikes on Ukraine’s Kyiv kill at least two people
CNN
Russia pounds Kyiv one day after visit by Witkoff and Kushner
Get you up to speed: UK to announce trade ban on goods from illegal Israeli settlements
The United Kingdom will announce a trade ban on goods from illegal Israeli settlements in the occupied West Bank, according to Pensions Minister Pat McFadden. This decision is driven by expanded settlement activity and follows calls from over 140 Labour MPs for such a measure.
Foreign Secretary Ed Miliband is scheduled to present the trade ban measures to Parliament on Tuesday. The ban comes amid heightened concerns regarding the expansion of Israeli settlements, with over 500,000 Israelis currently residing in these areas within the occupied West Bank.
The UK government plans to impose a trade ban on goods from illegal Israeli settlements in the occupied West Bank, with Foreign Secretary Ed Miliband set to announce specifics to Parliament. Pensions Minister Pat McFadden indicated that the ban aims to address the urgency of settlement expansion, while Prime Minister Andy Burnham emphasised the importance of a two-state solution in a conversation with US President Donald Trump.
What remains unclear — Details on how the UK ban on goods from illegal Israeli settlements will be enforced have not been provided.
UK to implement trade ban on goods from illegal Israeli settlements
News|Benjamin NetanyahuUK to announce trade ban on goods from illegal Israeli settlements
UK to announce trade ban on goods from illegal Israeli settlements in the occupied West Bank.
Published On 8 Sep 20268 Sep 2026
The United Kingdom will announce a trade ban on goods from illegal Israeli settlements in the occupied West Bank, a government minister said, according to British media reports.
Foreign Secretary Ed Miliband is expected to present measures against the expansion of settlements to Parliament on Tuesday, Pensions Minister Pat McFadden said.
“The reason that danger has become more urgent is because of expanded settlement activity in recent weeks and months,” he told Times Radio.
Israel in August opened bidding for 1,234 housing units in its E1 project, a controversial settlement plan that would link settlements in occupied East Jerusalem, which Israel has already illegally annexed, to the Maale Adumim settlement bloc in the West Bank.
Palestinians have warned that advancing the plans would lead to confining Palestinians in the occupied West Bank to “disconnected enclaves surrounded by settlements”.
McFadden did not share details on how a UK ban on settlement goods would be enforced. He said settlement growth in recent weeks and months had made the threat to Palestinian statehood more urgent, but that Israel remained an important trading partner.
“This isn’t intended to be a boycott of all Israeli goods,” he told Sky News.
The move also follows weeks of escalating settler pogroms on Palestinian villages, some drawing rare criticism from Israeli Prime Minister Benjamin Netanyahu and the United States ambassador to Israel, Mike Huckabee.
However, Netanyahu has previously said he will keep expanding illegal settlements, despite international pressure.
More than 140 Labour MPs have called for a ban on trade with Israeli firms operating in the occupied West Bank, with significant public support for the measure.
On Monday, Prime Minister Andy Burnham, who took office in July, spoke to US President Donald Trump to stress the importance of a two-state solution.
The UK recognised Palestinian statehood one year ago, under Burnham’s predecessor, Keir Starmer.
Huckabee rejects ban
US Ambassador to Israel Mike Huckabee criticised the reports and said a ban would be an “irrational action”.
“I feel like that it’s a discrimination against the Israeli government,” he told BBC Radio. “It’s discrimination against the Jewish people and I don’t understand the rationale of it.
“And I realise – look, the UK is a sovereign country, they can do what they want, but so is the US,” he added.
Huckabee has previously expressed support for settlements.
More than 500,000 Israelis live in illegal settlements in the occupied West Bank, which is home to some three million Palestinians.
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