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Top Headlines from the UK Edition
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Revised UK welfare reforms to push 150,000 into poverty
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| Ministers brace for biggest rebellion of Starmer’s premiership and say watered down measures will cost taxpayers £2.5bn |
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When will Congress pass Donald Trump’s ‘big, beautiful bill’?
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| Republican angst over legislation’s impact on debt and cuts to healthcare is slowing its progress |
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Rachel Reeves set to cut cash Isa allowance
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| Chancellor is expected to outline plans to limit the amount of money that can be saved into tax-free cash accounts each year |
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Nato’s summit cannot disguise Ukraine’s plight
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| Without more military aid, Kyiv’s situation on the battlefield could deteriorate rapidly |
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Pension pots of savers at risk from new UK rule, industry experts warn
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| Forcing defined contribution schemes to invest a minimum amount in private assets could ‘lead to poorer returns’ |
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Top Headlines from the International Editions
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Hong Kong’s bull market leaves China behind
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| Mainland equities are flat in first six months of 2025, while Hang Seng index has gained 20% |
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Senate races to pass Donald Trump’s flagship tax bill as deadline looms
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| Republicans can only afford to lose three votes to secure a simple majority, with all Democrats opposed |
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Trump administration says Harvard violated US civil rights law
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| Ruling comes amid possibility of settlement between White House and Ivy League university |
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Donald Trump lifts most US sanctions on Syria
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| President’s executive order also reviews Damascus’s designation as state sponsor of terrorism |
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The vulnerabilities holding back Chinese industry
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| Despite its prowess, China has not been able to overcome dozens of ‘choke points’ that are the essential building blocks of modern manufacturing |
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US dollar suffers worst start to year since 1973
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| Donald Trump’s trade policies and rising debt levels have sparked decline of more than 10% in first half of 2025 |
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UK government demands probe into insolvency of Lindsey oil refinery
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| River Humber facility owned by privately held Prax Group started proceedings over weekend |
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Silver, the precious metal ready to outshine gold
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| Its use in growing sectors such as green tech, electronics and defence mean it may not always be overshadowed |
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South Korea lifts 14-year ban on ‘kimchi bonds’ after dollar-backed stablecoins frenzy
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| Regulator allows locals to purchase foreign currency debts issued onshore as it seeks to offset capital outflows |
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Meta and private credit
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| Plus central bank digital currencies |
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Dry weather pushes up UK food inflation as harvests suffer
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| Price increases in June hit highest rate in more than a year, according to British Retail Consortium |
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USAID cuts threaten 14mn extra deaths by 2030, warns study
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| Slashed US aid agency’s funding is expected to harm the fight against diseases including malaria and HIV/Aids |
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Boeing appoints new CFO amid turnaround campaign
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| Former Lockheed finance chief will replace Brian West in August |
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New UK government app to streamline access to public services
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| Initial rollout will be in ‘beta’ mode that connects to existing websites |
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Home Depot agrees $5.5bn deal for building product supply group GMS
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| Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture |
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An inauspicious anniversary for Labour
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| Prime minister’s |
