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The Latest Breaking News from Faisal Islam

Jerome Powell says Donald Trump can’t fire him, after Fed and BoE cut rates – as it happened

Presidents are “not permitted under the law” to fire Federal Reserve chair or demote governors, Powell insists

The Guardian - UK

UK politics live: Budget means weekly pay to rise just £13 in 20 years as IFS calls Reeves’s plans ‘unrealistic’

The Resolution Foundation has warned that the pay outlook is “dire” and many UK workers will not feel any better off by the end of this Parliament

The Independent UK

Oil price drops, and BP and Shell shares slide, as Saudi Arabia ‘prepares to abandon $100 crude target’ – as it happened

Saudi Arabia is reportedly ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output

The Guardian - UK

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Peter Jay, journalist and diplomat, dies aged 87

Tributes paid to one of the UK’s foremost economics commentators who was also ambassador to Washington

The Guardian - UK

Priti Patel repeats call for Tory members to have more say in running party after defeat in leadership race – as it happened

Former home secretary finishes behind Mel Stride with Robert Jenrick leading the contest at this stage

The Guardian - UK

See which BBC presenters got the biggest pay cuts and pay rises this year

THE BBC'S annual report for 2023/2024 has been released, revealing which stars got pay raises and pay cuts ...

The National (Scotland)

Global IT issue strikes Windows machines, cause now linked to CrowdStrike software update

An apparent IT update is allegedly linked to a global IT outage for Microsoft Cloud services and BSoD

Tom’s Hardware

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UK Government quietly concedes Brexit will drive up inflation

THE UK Government has quietly admitted that post-Brexit checks at the UK’s borders will increase inflation – despite Prime Minister Rishi…

The National (Scotland)

BBC Breakfast stars' wildly different salaries with one earning twice as much as co-stars

A list of what the highest earning BBC employees are paid per year has been released today, with many getting a pay rise from the corporation compared to last year

Daily Mirror

Full list of highest paid BBC stars as broadcaster publishes accounts

These are the salaries of 68 BBC stars

Wales Online

BBC's highest earner Gary Lineker earns MORE than top boss Tim Davie

Gary Lineker, who presents Match of the Day, has been top of the earnings’ list since 2017, and now pockets almost £1million more than BBC top boss Tim Davie

Daily Mirror

BBC's highest earners revealed with number of Irish staff making the list

Gary Lineker, who presents Match of the Day, has been top of the earnings’ list since 2017, and now pockets almost £1million more than BBC top boss Tim Davie

Irish Mirror

Zelda: Tears of the Kingdom is getting (partial) blame for the UK's record inflation

Zelda gets her very own 'Beyonce Effect'

GamesRadar

Who will get the blame for UK mortgage misery?

The government has ordered banks to protect people struggling to pay their mortgages as interest rates were predicted to rise as high as 6% by the end of the year.

The Week

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Evening Standard

OPINION - Has bike theft been ‘effectively decriminalised’ in London?

Tourists think it’s all tea at The Ritz or bumping into Hugh Grant and his floppy hair, but for a true London experience, you really need to have your bike stolen. And once seized, there’s precious little chance of getting it back.

Evening Standard

Shadow chancellor Rachel Reeves claims energy firms are making ‘war profits’

Shadow chancellor Rachel Reeves has accused energy firms of making “war profits” from the surge in oil and gas prices following Russia’s invasion of Ukraine.

The Week

Sticky inflation and sluggish growth: why does UK economy continue to struggle?

The UK’s economy shrank by 0.3% in March, with the first quarter of 2023 seeing “sluggish growth” of 0.1%, placing the UK once again towards the bottom of the league table of developed economies.

Evening Standard

OPINION - Jeremy Hunt’s ‘not-so-bad’ economy offers little comfort

I’ve finally realised who Jeremy Hunt reminds me of – Arsène Wenger. During his later, less successful period at the club, the then-Arsenal manager would often comment after matches how his team dropped a little bit physically in the second half but showed top mental strength.

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news in one place.

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Evening Standard

Energy bills soar to £3,549 – and it’s not all Russia’s fault

Today, energy regulator Ofgem announced that the price cap would rise on 1 October from £1,971 to £3,549. It gets worse. Cornwall Insight, the consultancy that previously predicted today’s rise to the virtual penny, warns it’ll climb to nearly £7,000 a year by next April.

The Independent UK

Voices: Rishi Sunak and Liz Truss really do hate each other. It’s the reality TV hit of the summer

If this was a reality TV show, producers would have intervened to stop it getting this toxic

Manchester Evening News

'They look like cardboard cut-outs' - PM debate viewers say same thing about Rishi Sunak and Liz Truss

'Omg what an unnerving intro that was - I genuinely thought they were both cardboard cut-outs or waxworks'

Manchester Evening News

Rishi Sunak vs Liz Truss: Where PM candidates stand on tax cuts, Brexit, immigration and other issues

Liz Truss and Rishi Sunak will go head-to-head in a BBC debate on Monday night

Liverpool Echo

Where to watch the next Tory TV debate and what time is it on?

Liz Truss and Rishi Sunak are set to battle it out in a live TV debate on Monday

The Independent UK

What channel is the Tory leadership debate on? How to watch on TV and online

Former chancellor and foreign secretary set to trade blows

The Independent UK

Nadine Dorries mocks Rishi Sunak for £3,500 suit while Liz Truss wears ‘£4.50 earrings’

Truss supporter Dorries managed to spell ‘Teesside’ wrong in her tweet

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