The pound and UK government borrowing costs have stabilised after recent turbulence, with the pound rising slightly to $1.22 and government borrowing costs dipping slightly from recent highs. Chancellor Rachel Reeves faces pressure following market moves, with Prime Minister Sir Keir Starmer praising her while the Conservatives criticize her handling of the situation. Experts attribute the UK’s specific issues to a delayed response to tax and spending in the Budget, with global factors also contributing to rising government debt costs in other countries.
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Grandad who was ‘happiest he had been’ since wife’s death dies on holiday
A British grandad, Craig Bloomer, 54, tragically died in a moped accident while on holiday with his family in Corfu on July 26. His daughters described him as a "much-loved" family man who had been happiest since the death of his wife two years ago; his family has since set up a GoFundMe page to help with costs following his unexpected passing. Want More Context? 🔎
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