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The Latest Breaking News from United Kingdom

UK Treasury chief will slash financial red tape to boost investment

Reeves set out the changes in her annual Mansion House speech to finance bigwigs in London, saying she was “rolling back regulation that has gone too far in seeking to eliminate risk”.

Euronews

UK inflation rises unexpectedly to 3.6% driven by food and fuel prices

Annual increase in June follows warnings about increase in employment taxes leading to job cuts and higher prices

The Guardian - UK

Sportradar faces UK CMA scrutiny over IMG Arena deal

Market dominance concerns arise.

Dot Esports

From analysis to the latest developments in health,
read the most diverse news in one place.

Diageo CEO Debra Crew steps down; UK inflation rises to 18-month high of 3.6% – as it happened

Crew leaves after investor disquiet over company’s lacklustre performance; UK food prices rise most since February 2024 but economists still expect August rate cut

The Guardian - UK

Wednesday briefing: Why Labour wants to cut financial red tape – and why critics fear that risks a new crisis

In today’s newsletter: Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade’ – but are they enough to spark the economy?

The Guardian - UK

Aussie MasterChef UK Host John Torode Sacked For Allegedly Using Racist Language

“I have absolutely no recollection of any of this, and I do not believe that it happened,” Torode shared in a statement.

Pedestrian.tv

Inflation latest: Rising fuel and food costs behind surprise rise

Catch up on UK figures data plus stock markets updates, business and money news from Wednesday

The Independent UK

Read news from The Economist, FT, and more,
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‘The place is bleached, a dead zone’: how the UK’s most beloved landscapes became biodiversity deserts

National parks, famous for their rich natural heritage, should be at the heart of efforts to protect habitats and wildlife. Instead, experts say they are declining – fast

The Guardian - UK

UK ministers urged to increase Scottish Government capital borrowing limits

A committee of MPs has told the UK Government to look at increasing the Scottish Government’s capital borrowing limits ...

The National (Scotland)

UK taskforce calls for disability training for all airline and airport staff

Report led by former Paralympian Tanni Grey-Thompson warns of ‘sometimes catastrophic’ treatment of passengers

The Guardian - UK

HMRC does not know how many billionaires pay tax in UK – report

The Public Accounts Committee is calling for HMRC to publish its plan for increasing tax yield from wealthy taxpayers domestically and offshore.

Evening Standard

Look at increasing Scottish Government borrowing limits, MPs tell UK Government

The Scottish Affairs Committee inquiry looked at the fiscal arrangements north of the border.

The Independent UK

Windrush commissioner: Apprehension and suspicion remains towards Home Office

Clive Foster is a senior pastor at the Pilgrim Church in Nottingham and the son of parents who migrated to the UK from Jamaica in 1959.

The Independent UK

How much tax do Britain’s billionaires pay? HMRC has no idea, damning report finds

The finding comes amid growing calls for a wealth tax among Labour MPs

The Independent UK

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The Guardian - UK

Weight loss surgery tourism needs urgent regulation, say UK experts

Evening Standard

Scottish Secretary and defence minister to launch £250m Faslane investment

The UK Government has pledged a multi-billion investment on the Clyde in the coming decades.

The National (Scotland)

Ian Murray to visit Faslane to announce £250m investment in nuclear base

The Scottish Secretary and UK defence procurement minister are to launch a £250 million investment at the base housing the UK's nuclear weapons.

Evening Standard

Former defence secretary makes ‘no apology’ for Afghan injunction

Thousands of people are being relocated to the UK as part of a secret £850 million scheme set up in the wake of the breach.

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Evening Standard

Migrant charity says new UK and France deal will be ‘drop in the ocean’

Last week, Prime Minister Sir Keir Starmer and French President Emmanuel Macron announced a new migrant return agreement due to begin within weeks.

WhatToWatch

How to watch the 2025 Emmy-nominated TV shows

Time to catch up this year's slate of Emmy nominees before awards are handed out in September.

The Independent UK

MoD official responsible for catastrophic Afghan data breach that cost billions still works for government

Email blunder potentially put up to 100,000 people at risk and triggered the evacuation of thousands of Afghans who were brought to the UK under a secret resettlement scheme

The Guardian - UK

Thousands of Afghans relocated to UK under secret scheme after data leak

Conservative government used superinjuction to hide error that put Afghans at risk and led to £2bn mitigation scheme

The Guardian - UK

‘The worst day of all time’: Afghans speak of safety fears after UK data leak

Law firm representing thousands says some already killed and others in hiding as a result of government ‘blunder’

The Independent UK

Cryptocurrency could be part of future UK banking system

Bank of England governor Andrew Bailey says reform of retail banking payments should be a priority

Evening Standard

Britain cannot grow without ‘fighting fit’ finance sector, Rachel Reeves says

Ms Reeves, delivering her annual Mansion House speech to the financial services sector, said changes were needed for the UK to stay competitive.

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