Latest News
- Administration advises Calgary to increase funding for Werklund Centre upgrade
- New York Times seeks to quash subpoenas for reporters’ phone records
- Government announces new measures for tackling climate change: media coverage differs across outlets.
- Russian warship conducts live-fire exercise off Plymouth coast
- Irish woman arrested at Gran Canaria airport after failing to pay £2,100 hotel bill
- Montenegro’s accession finances may set EU budget precedent for future members
- China and Philippines exchange blame after sailor injured in sea incident
- Saskatoon delays University Bridge reopening, increasing repair costs by £213,000
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
Administration advises Calgary to increase funding for Werklund Centre upgrade
July 21, 2026
11:00 am
The Werklund Centre’s modernisation cost is now estimated at £345 million, an increase of £75 million from earlier projections. The rise reflects an expanded project scope and a more refined design, highlighting adjustments in budgeting before the project’s completion.
New York Times seeks to quash subpoenas for reporters’ phone records
July 21, 2026
9:00 am
The Justice Department sought to access phone records from several New York Times reporters regarding security concerns related to the Qatar-donated Air Force One. The Times moved to quash subpoenas issued for these records, citing improper government tactics, with a hearing scheduled for Thursday.
Government announces new measures for tackling climate change: media coverage differs across outlets.
July 21, 2026
8:00 am
Media Lens: Government announces new measures for tackling climate change: media coverage differs across outlets. Birmingham City Council announces financial
Russian warship conducts live-fire exercise off Plymouth coast
July 21, 2026
7:00 am
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.
Irish woman arrested at Gran Canaria airport after failing to pay £2,100 hotel bill
July 21, 2026
6:00 am
An Irish woman has been arrested at Gran Canaria Airport after allegedly failing to pay a £2,100 hotel bill during her stay.
Montenegro’s accession finances may set EU budget precedent for future members
July 21, 2026
5:00 am
Montenegro’s EU accession process could establish a significant precedent for financing future enlargements, with the European Commission proposing a financial package of €3.2 billion. This amount underscores complex budget discussions as member states debate the implications for the EU’s long-term budget negotiations.
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