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June heatwave cost the UK economy more than 1 BILLION, study claims

Daily Mail - Science & tech

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UK mortgage rates rise to highest level for a month

BBC News

UK average mortgage rates have risen back to the level of a month ago as renewed tensions in the Middle East feed through to homeowners. Lenders' funding costs have increased as markets judge that a prolonged conflict reduces the possibility of interest rate cuts by central banks. The five biggest High Street banks are among a host of lenders which have increased their interest rates on new fixed deals in recent days. Recent projections by the Bank of England suggest just over five million homeowners should expect their monthly mortgage repayments to increase by the end of 2028. Mortgage rates had been falling as a ceasefire between the US and Iran initially appeared to hold.


Wildfire spotted from space as helicopter brought in to tackle blaze

BBC News

Satellite images have captured plumes of smoke and damage caused by a wildfire in north Wales. Data gathered by BBC Verify suggests an estimated 951 hectares (2,350 acres) of the Rhinogydd mountains in Gwynedd have been burned by a wildfire which broke out earlier this month. Nasa's satellite-based FIRMS monitoring system has also detected heat signatures from four areas of Wales where wildfires have broken out. Natural Resources Wales said a specialist firefighting helicopter will be deployed to Rhinogydd on Friday morning after calls for aerial support. On Wednesday the Welsh government activated crisis management arrangements to tackle the wildfires that have broken out across Wales.


PM to spend first day working from northern branch of No 10

BBC News

Andy Burnham is set to spend his first day working at the northern branch of Downing Street. No 10 North in Manchester will form part of the prime minister's aim to shift power from Whitehall and Westminster to regions across the country. Ministers Lucy Powell and Louise Haigh will also operate regularly from the new site, with up to 300 civil servants expected to join them by the end of next year. On Friday in Manchester Burnham will chair a meeting of the National Economic Council, a cabinet committee first launched in 2008 to respond to economic challenges around the UK. Ahead of that meeting, the PM said: For 40 years, power and resources have been sucked into the centre, and too many communities have felt forgotten, without the attention and investment they deserve.


The June Heat Wave Cost The U.K. Economy Over 1.5 Billion

TIME - Tech

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Ann Widdecombe was hit on head repeatedly with hammer, prosecutors say

BBC News

Ann Widdecombe died after being hit on the head with a hammer 21 times at her Devon home as she ate lunch, prosecutors have told Westminster Magistrates' Court. Prosecutor Kashif Malik said the man accused of her murder, Joshua Kerry, arrived at her house on 8 July in a red Vauxhall Corsa and entered through the front door. Kerry, who prosecutors say was only in the property for two minutes and was wearing black gloves, then allegedly hit Widdecombe repeatedly with a hammer, tipped her from her chair and took her wallet before driving off, the court heard. The 28-year-old from South Yorkshire, who is charged with murder, was remanded in custody to appear at the Old Bailey later on Tuesday. Malik told the court that Widdecombe did not attend a pre-arranged online interview with Channel 5's Matt Allwright show that had been scheduled for just before 13:00 BST on 8 July.


How much money does the UK government borrow, and why does it matter?

BBC News

The UK government borrows to fund day-to-day spending as well as long-term infrastructure projects.


UK government borrowing falls in June

BBC News

The UK government borrowed slightly less than expected in June, according to official figures published as new prime minister Andy Burnham began setting out measures to cut living costs for households. Borrowing - the difference between spending and income from taxes - was £16bn last month, £7.9bn lower than at the same point last year, the Office for National Statistics (ONS) said. Separate figures also showed the unemployment rate remained unchanged between March and May, with the UK statistics body saying the labour market was relatively steady. However while the borrowing figures were better than forecast, the UK is still carrying significant public debt. 'I made £100,000 of TikTok sales in one day': The business of live shopping The Papers: 'Burnham era begins' and'King Kev' Your tips on getting a fussy child to eat, and six recipes they'll love Mum's'tears of joy' as daughter released from hospital What will Andy Burnham's first day be like?


5 Key Moments From Andy Burnham's First Day as U.K. Prime Minister, Including His Invite to President Trump

TIME - Tech

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Andy Burnham takes over as UK prime minister, calls for 'new political model'

FOX News

Andy Burnham takes power as British prime minister, succeeding Keir Starmer at Downing Street. The Labour leader has criticized Donald Trump but pledges continuity on NATO and Ukraine.