UK bond vigilantes circle gilts as election losses hit PM Starmer
The U.K. is counting votes after an election of local councilors and devolved governments on Thursday.

The U.K. is counting votes after an election of local councilors and devolved governments on Thursday.

Zlatko Dalic has resigned as Croatia's head coach after a nine-year tenure, following their World Cup exit. He led the team to the 2018 World Cup final and third place in 2022, alongside a Nations League runners-up finish.

BBC's new director general, Matt Brittin, has described the current TV licence fee model as "a busted flush" and "no longer fit for purpose." He suggested exploring alternatives like a compulsory household levy collected through utility bills, as licence fee payments have declined. The BBC is discussing reforms with the government ahead of its charter renewal in 2027.

Following US strikes against Iran, prediction markets show declining odds for normal traffic in the Strait of Hormuz. Traders now see a 44% chance of normalization by Dec. 1, with the earliest forecast for Jan. 1, 2027. Analysts warn of global oil supply shortages and increased insurance risks.

Nigeria's President Bola Tinubu has ordered an investigation into allegations of a fictitious government agency, the Presidential Foreign Intervention Promotion Council (PFIPC), allegedly set up within his office with public funds. A key suspect, Adeniyi Adeyemi Matthew, is on the run, accused of forgery and impersonation.

Meta's new AI tool, Muse Image, allows users to generate images using others' profile pictures without consent, drawing criticism from privacy advocates and raising concerns about potential misuse and exploitation of personal data.

Benhard Janse van Rensburg's dual threat in defense and attack is set to significantly enhance England's midfield options, according to senior assistant coach Richard Wigglesworth. The 29-year-old Bristol player, eligible for England after a decade, is expected to make his debut against Fiji.