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.
Full Article
‘I was gardening when armed police arrested me – they thought I was an extremist’
Samuel Rowe, a 35-year-old gardener from Manchester, was arrested by armed police on July 3 for allegedly carrying a 'large dagger' while returning from his allotment with gardening tools, including a sickle and a trowel. After spending 12 hours in custody and receiving a caution, he expressed concern about the impact on his employment, given the stigma associated with knife crime. Want More Context? 🔎
Read more