The U.K. economy grew by 0.4% in the second quarter, outpacing expectations and keeping the country on track for strong G7 growth, though potential fallout from the Iran war and high energy prices threaten the outlook for Prime Minister Andy Burnham.
Andrew and Tristan Tate were arrested in Florida following a U.K. extradition request for charges including rape and human trafficking, testing their years of built political ties to the Trump administration and right-wing figures.
The U.K. medicines regulator authorized Eli Lilly's oral GLP-1 drug Foundayo for weight management and type 2 diabetes, marking the first European license for the pill ahead of expected EU decisions next year.
Stalled diplomacy in the Middle East leaves Europe facing rising energy costs and inflation, as Iran rules out direct U.S. talks, Israel rejects a Gaza plan, and shipping blockades continue.
Alphabet-owned autonomous car maker Waymo has dropped the waitlist for its robotaxi service in Dallas, opening it to all residents and visitors as part of its ongoing expansion.
Apple is challenging a UK government 'technical capability notice' demanding access to encrypted user data, arguing it would require a backdoor into end-to-end encrypted cloud backups.
U.K. pharmaceutical giant AstraZeneca is reportedly discussing a potential $400 billion merger with U.S. competitor Bristol Myers Squibb, a deal that would be one of the largest in history, according to the Financial Times.
Epping, a historic market town, transformed into a site of intense protests and counter-demonstrations in July 2025 following an asylum seeker's arrest for sexual assault. The events have led to residents fearing for their safety, experiencing racism, and planning to move, while also igniting a national discussion on housing asylum seekers in hotels.
A report by Imperial College and Emlyon Business School, based on SEC/DOJ prosecutions from 2000-2023, details how Silicon Valley's VC-backed founders commit fraud through "façading" and the unwitting role investors play by normalizing past misconduct and pushing for extreme growth.
New U.K. Prime Minister Andy Burnham faces significant challenges in managing the 'special relationship' with the U.S. under President Donald Trump, complicated by the U.K.'s post-Brexit instability, leadership turnover, and polarized electorate.
U.S. Ambassador Warren Stephens downplayed new UK Foreign Secretary Ed Miliband's past harsh criticism of Donald Trump, stating Miliband's views likely changed and that past remarks are often regretted, as both nations prepare for potential future collaboration.
Hedge funds have significantly increased short positions against UK-listed stocks, with disclosed bets surging fivefold in the first half of 2026. New Prime Minister Andy Burnham's 'cost-of-living' agenda, focusing on housing and utilities, is expected to create new long and short opportunities across various sectors.
UK companies, including Rotork, Gooch & Housego, Ramsdens, and Mitie, are experiencing a surge in takeovers by foreign entities and private equity, driven by depressed valuations. This trend, highlighted by Peel Hunt, also sees UK firms delisting or choosing overseas listings, raising concerns about the British market.
John Healey, the UK's new Chancellor of the Exchequer under PM Andy Burnham, faces the challenge of balancing Burnham's left-leaning agenda with market calm. The government plans to cut sales tax on household electricity, funded by scrapping the Digital ID program, while emphasizing fiscal credibility amidst high national debt.
UK Prime Minister Andy Burnham has confirmed the scrapping of the controversial digital ID card scheme, introduced by former PM Keir Starmer, to fund a tax cut for household electricity bills, following widespread public opposition.
New UK Prime Minister Andy Burnham scrapped VAT on household electricity bills, aiming to save households £45 annually. While popular with voters, the move raises concerns among financial markets about Britain's fiscal credibility and potential for higher borrowing costs.
AstraZeneca's experimental heart disease drug, Wainua, failed to meet its primary goal in a late-stage trial, causing its shares to drop significantly. Analysts cited potential loss of investor trust in management as a key concern, alongside reduced sales projections.
A major review prompted by the Peter Mandelson scandal has called for sweeping redesigns of UK lobbying rules. The Ethics and Integrity Commission (EIC) recommends new laws to fix inadequacies in Westminster's transparency systems, with potential implementation before the next general election.
UK's incoming Prime Minister Andy Burnham proposes 'No. 10 North,' relocating civil servants from London to Manchester to devolve power. The plan, nicknamed 'Manc-A-Lago,' faces skepticism over practicality and potential reluctance to relocate.
Andy Burnham, poised to become the U.K.'s next prime minister, faces a significant regional trust gap, with voters in Northern England showing strong support while those in the South are more skeptical, according to a POLITICO Poll. His "Manchesterism" philosophy and plans to rebalance power may not resonate nationwide.
UK AI Minister Kanishka Narayan stated that AI and technology will remain a government priority, even with a likely new prime minister, Andy Burnham. Narayan emphasized AI's importance for the UK's economy, security, and geopolitical standing, while acknowledging public concerns about job losses and advocating for a fair transition and institutional redesign to support workers.
Nigel Farage, leader of Reform UK, announced his resignation from parliament to fight a "people versus the establishment" special election in Clacton. This follows an investigation into undeclared financial gifts from donors, which Farage claims is a political attack.
The UK is attending the NATO summit without a long-term plan to meet alliance spending targets, a critical issue for Defence Secretary Dan Jarvis. Prime Minister Keir Starmer's new Defence Investment Plan outlines spending through 2030 but lacks a clear path to NATO's 2035 goal of 3.5% of GDP.
The UK will attend the NATO summit without a clear long-term plan to meet alliance spending targets, despite assurances from Defence Secretary Dan Jarvis. Prime Minister Keir Starmer faces pressure as the current plan lacks a path to NATO's 3.5% GDP goal by 2035.
