Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms The governor of the Bank of England, Andrew Bailey, has warned recent events in US private credit markets have worrying echoes of the sub-prime mortgage crisis that kicked off the global financial crash of 2008. … Read more
Chancellor, who is expected to announce tax rises and spending cuts, says effect of leaving bloc worse than predicted Rachel Reeves has blamed a heavier than anticipated blow from Brexit and austerity for forcing her to take action to balance the books at next month’s budget. In her clearest attempt to draw Brexit into the … Read more
Former PM tells Covid inquiry that children were ‘paying a huge, huge price to protect the rest of society’ Boris Johnson rejected claims that his government failed to prepare for school closures at the outbreak of the pandemic, telling the Covid-19 inquiry that it would be “amazing” if the Department for Education (DfE) had not … Read more
David Lammy urged to consider 1955 case in light of evidence Ellis was abused by partner before she killed him The grandchildren of the last woman to be hanged in the UK are asking ministers to posthumously pardon her in light of evidence that she was emotionally and physically abused by her partner before she … Read more
‘Groundbreaking’ repeal of presumption of parental involvement in England and Wales ‘will ensure courts place safety of children above all else’ The family courts will no longer work on the presumption that having contact with both parents is in the best interests of a child, in a landmark change that domestic abuse campaigners have said … Read more
Kosovo is an outlier in the region, whose other leaders say ‘looking for places to dump immigrants’ is evidence the UK is in ‘a very dark place’ Kosovo has become the first country to indicate it will accept Britain’s refused asylum seekers as part of government plans to set up “return hubs” in third countries. … Read more
Defence secretary says UK will play ‘anchor role’ in US-led civil military coordination centre British troops have been sent to Israel to help monitor the ceasefire in Gaza after a request from the US. The defence secretary, John Healey, announced the deployment of a small number of planning officers, including a senior commander, at an … Read more
Government consults on allowing regulator to use lower civil standard of proof and introducing automatic penalties Water companies in England could face more, and automatic, fines for sewage dumping under new Environment Agency powers. The government is consulting on allowing the regulator to use a lower, civil, standard of proof instead of the higher criminal … Read more
Six arrests made after crowd hurled fireworks and other missiles at officers during protests following alleged sexual assault on a young girl Six people have been arrested after Irish police battled hundreds of protesters outside a Dublin hotel used to house asylum seekers after an alleged sexual assault on a young girl. The crowd burned … Read more
The referral to Pam Bondi comes more than two years after John Brennan allegedly lied to Congress. House Judiciary Chair Jim Jordan is asking the Justice Department to prosecute former CIA director John Brennan for allegedly lying to Congress more than two years ago. It’s the latest move in the GOP’s campaign to leverage the … Read more