Latest News
- Police officer jailed after assaulting 13-year-old boy in Wiltshire
- Rocket debris discovered on beach in Palawan, Philippines
- European people’s party calls for more free pollution allowances in ets
- Starmer announces £15 billion defence investment plan amid PMQs clash
- Kelowna businesses report rising crime is affecting downtown operations
- Melat Kiros projected to defeat Diana DeGette in Colorado primary race
- Raise the Colours member charged with making indecent images of children
- Eleven-year-old boy dies from rabies three weeks after bat encounter in Ontario
Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat
Summary of the front page
The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports.
The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.
Today's top stories
Police officer jailed after assaulting 13-year-old boy in Wiltshire
July 1, 2026
4:00 pm
PC Daniel Rusling has been sentenced to eight weeks in custody, suspended for 12 months, after assaulting a 13-year-old boy seeking help outside Monkton Park police station in Wiltshire. The officer admitted to assault by beating, and his actions are under review in a gross misconduct hearing.
Rocket debris discovered on beach in Palawan, Philippines
July 1, 2026
3:00 pm
Debris believed to be from a rocket has been recovered off Bisucay Island in the Philippines, prompting an investigation by the Coast Guard.
European people’s party calls for more free pollution allowances in ets
July 1, 2026
1:00 pm
The European People’s Party (EPP) has called on Climate Action Commissioner Wopke Hoekstra to recalibrate the bloc’s Emissions Trading System (ETS) by extending free pollution allowances for heavy industry beyond 2030. The EPP insists that protecting Europe’s manufacturing base must align with emissions reductions.
Starmer announces £15 billion defence investment plan amid PMQs clash
July 1, 2026
12:02 pm
What’s going on?
Keir Starmer announced a £15 billion defence investment plan in a bid to enhance the UK’s military capabilities. The announcement aims to ensure the country’s defence budget remains robust in an increasingly uncertain global landscape. This investment is part of Starmer’s broader commitment to national security.
Al Jazeera reported, “UK’s Starmer announces £15bn defence investment plan,” focusing directly on the financial commitment. In contrast, BBC’s headline, “Starmer to face Badenoch at PMQs after announcing £15bn extra defence spending,” highlights the political ramifications, emphasising the ensuing parliamentary dynamics. This framing creates different perceptions of priorities—financial planning versus political accountability.
Coverage analysed: Al Jazeera | BBC | The Guardian | Politico
Kelowna businesses report rising crime is affecting downtown operations
July 1, 2026
9:00 am
Kelowna business owners report that heightened security measures are now essential for operations, coinciding with the City of Kelowna’s introduction of initiatives intended to mitigate criminal activity. Business leaders are adapting to the increasing necessity for safety as efforts to address crime continue.
Melat Kiros projected to defeat Diana DeGette in Colorado primary race
July 1, 2026
7:00 am
Melat Kiros, a 29-year-old democratic socialist, is projected to win Colorado’s First Congressional District Democratic primary with 49.3% of the vote. This marks a significant shift, as the district will have a new representative for the first time since the mid-1990s, replacing incumbent Rep. Diana DeGette, who received 43.5%.
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