Morning Mail: Chalmers sells budget as ‘road to reform’, Starmer fights on in UK, why the gothic look is back Jim Chalmers delivers ambitious program for tax change and intergenerational fairness The Guardian - AU · May 12
How Keir Starmer lost authority over two days of confusion and drama Labour leader remains UK prime minister despite mounting calls to step down before state opening of parliament The Guardian - UK · May 12
US Treasury yields hit 5%: Why investors are dumping bonds as oil prices and inflation rise amid US-Iran conflict US Treasury yields today: Global bond markets are experiencing unease. Rising oil prices and persistent inflation are reshaping interest rate expectations in the US and globally. US Treasury yields are climbing as inflation fears intensify. This situation is causing investors to rethink Federal Reserve rate cut possibilities. UK bond markets… The Economic Times · May 12
Ampco-Pittsburgh Q1 Earnings Call Highlights Ampco-Pittsburgh (NYSE:AP) reported higher first-quarter 2026 revenue but lower adjusted EBITDA, as strength in its Air and Liquid Processing segment was offset by mix and timing issues in its forged and cast engineered products business. Chief Executive Officer Brett McBrayer said consolidated adj MarketBeat · May 12
Up to Starmer if he quits, says Trump as he renews attack on UK energy stance The US president also argued Britain needs to get ‘tough on immigration’. Evening Standard · May 12
Trump says Starmer is ‘windmilling UK to death’ and issues verdict on whether PM should resign IN FULL The Independent UK · May 12
UK to deploy mine hunters, drone boats and jets for Strait of Hormuz mission Defence Secretary John Healey made the announcement amid a meeting of 40 ministers about plans to protect shipping in the waterway once the war ends. Evening Standard · May 12
AECOM Q2 Earnings Call Highlights AECOM (NYSE:ACM) raised its full-year profit outlook after reporting record second-quarter backlog and stronger margins, with management pointing to demand across transportation, water, energy, defense and high-tech infrastructure despite uncertainty in the Middle East. On the company’s second-quar MarketBeat · May 12
Eurovision 2026: Running order for tonight’s final and which countries are competing UK’s Look Mum No Computer will be competing against favourites including Finland, Greece and Australia The Independent UK · May 12
Hantavirus: Ten Britons from remote islands to come to UK to isolate The UK Health Security Agency (UKHSA) said people in British overseas territories would be brought to the UK in case they need care. Evening Standard · May 12
JP Morgan could scrap £3bn London HQ if Starmer is replaced by PM ‘hostile to banks’ Jamie Dimon says US banking giant could rethink Canary Wharf tower if a future Labour leader targets lenders The Guardian - UK · May 12
UK to send drones and warship to support ‘multinational mission’ securing Strait of Hormuz IN FULL The Independent UK · May 12
Church magazine changes name after readers get ‘fed up’ with link to Reform UK The name was causing ‘consternation in local churches’ The Independent UK · May 12
Scottish man jailed in Ukraine after admitting spying for Russia Ross David Cutmore, from Dunfermline, initially worked as a military instructor after travelling to Ukraine in 2024. Evening Standard · May 12
International Business Times UK · May 12 Pete Hegseth Faces 'Brutal' Congressional Grill Over Unauthorised, $1.5 Trillion Budget 'Disastrous' Iran War On Tuesday, Pete Hegseth returned to Congress to discuss Ukraine, Iran and Donald Trump's $1.5 trillion Pentagon budget request.
TechRadar · May 12 How to watch Eurovision Song Contest 2026 semi-final 1 — Free Streams, Release Date & TV Schedule 15 countries go head-to-head in the first semi-final of Eurovision Song Contest 2026 as Vienna plays host to the popular musical competition.
The Independent UK · May 12 Ukraine’s growing corruption crisis explained as Zelensky fires another top ally IN FOCUS: Anti-corruption bodies continue to scalp high-ranking Ukrainian officials amid a widening graft probe. James C. Reynolds and Alex Croft report
The Independent UK · May 12 Who are the far-right ‘agitators’ banned from visiting the UK for Tommy Robinson’s march? IN FULL
The Independent UK · May 12 UK beach could reopen to tourists following almost 20 year closure The stretch of coastline has been inaccessible for two decades due to safety concerns
The Guardian - UK · May 12 Fire up the Furby synth! Meet UK Eurovision entry Look Mum No Computer at his mind-boggling music museum Sam Battle is a retro audio tech obsessive. Our writer gets a tour of his museum just as he plays his prized exhibit: a 1,000-oscillators-strong Megadrone!
International Business Times UK · May 12 UK Employment Forecast 2026: 163,000 Jobs Threatened as Iran Conflict Disrupts Supply Chains A new forecast warns the UK could lose 163,000 jobs in 2026 as higher energy costs and supply chain disruption hit manufacturing, construction and consumer spending across key regions.
Tom’s Guide · May 12 How to watch 'Ian Fleming and The Curse of James Bond' online from anywhere Learn all about James Bond author Ian Fleming and his process of crafting the classic spy novels in this insightful new documentary
The Independent UK · May 12 What new laws can we expect to be featured in the King’s speech? The speech has taken on heightened significance with Starmer on the ropes
The Independent UK · May 12 Dry spring puts UK on drought alert – here are the worst affected areas IN FULL
Evening Standard · May 12 Home Office urged to investigate Green MSP in UK on student visa The Scottish Tories have accused Q Manivannan of breaking visa rules by working more than 20 hours a week.