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The Latest Breaking News from FT

Bob Iger was on a $10m consultancy deal with Disney before his return

Before his return to Disney, Bob Iger reportedly had a $10 million deal to advise his successor Bob Chapek, despite the two executives barely speaking.

Fortune

Victorian man who killed boy while felling tree in Tasmania sentenced to more than four years' jail

After seven years of delays and an emotional criminal trial, a Victorian man who killed the child of his partner while felling a tree in southern Tasmania has been jailed.

ABC News

TechScape: Inside the $8bn FTX crypto scandal – and its real-world impact

Sam Bankman-Fried was what everyone wanted a crypto billionaire to be – until things began to go very, very wrong

The Guardian - UK

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ERC seeks consumer feedback on new tariff

People will be allowed to have a say regarding the new power tariff as the Energy Regulatory Commission (ERC) prepares to decide on the next hike, leading to higher electricity bills next year.

Bangkok Post

When Angela Rayner told the FT about her ‘boob job’, she was telling the rightwing press to bring it on

No disclosure goes unpunished by the tabloids if you are a Labour politician - and the typical defence is to say nothing. The deputy leader has a different strategy, writes Zoe Williams

The Guardian - UK

The 1.5°C global temperature limit is in jeopardy at COP27

Some countries want to remove the 1.5°C limit on temperature increase as fossil fuel lobbyists water down talks at the UN Climate Conference

Fortune

Liverpool is Sir Jim Ratcliffe's ideal next step after billionaire's blunt admission

Fenway Sports Group are looking to sell Liverpool Football Club after 12 years at the helm at Anfield, while Sir Jim Ratcliffe, Britain's richest man, has already made clear his desire to own a Premier League club

Daily Mirror

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Rishi Sunak poised to U-turn on Tory plans for privatisation of Channel 4

The Prime Minister vowed to push ahead with Boris Johnson's plan to sell off the public service broadcaster during the Tory leadership contest in the summer but the idea is now being reviewed

Daily Mirror

Ukrainian nurse ‘abducted and hung in street by pro-Russian cops after confronting Putin’s troops’

Tetyana Mudrenko and her husband Anatoliy were abducted from their front garden and had their home in occupied Kherson ransacked, according to reports

Daily Mirror

Friday briefing: The grim reality of what happens to migrants after they leave detention

In today’s newsletter: As the home secretary visits the Manston asylum processing centre, this is what vulnerable asylum seekers face on entering in the UK

The Guardian - UK

The Bear and the chefs shaking up kitchen culture

There has long been a cliché of a shouty chef. Henry Mance asks if there is a kinder way to run a restaurant

Financial Times

British businessman jailed after ‘taking phone to Himalayan yoga retreat’

Oil executive spent one week in jail

The Independent UK

How Elon Musk became a powerful player in geopolitics

Private space companies are meeting — and often exceeding — the capabilities of governments.

Axios

Conservatives defend DeSantis after story claims he used to pronounce Thai like ‘thigh’ to test dates

The Financial Times profile quotes a story relayed by a Yale classmate of the Florida governor’s

The Independent UK

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Financial Times

Glitz and Gladwell: the infighting over prized JPMorgan wealth clients

Author of ‘The Tipping Point’ calls on Jamie Dimon to intervene in tug of war for rich customers

The National (Scotland)

Johnson returns from holiday to plot route back to Number 10

BORIS Johnson has returned to the UK to plot a bid to return as prime minister in a move that has divided opinion even among former allies – after…

Manchester Evening News

Rishi Sunak gains valuable ally in likely bid for No 10 - as Boris Johnson backers challenged over claims he's reach magic number

It comes after Mr Johnson returned to the UK to plot a bid to rerun for the top job in a move that has divided opinion among Conservative MPs, including his former allies

The Guardian - AU

‘Surely … not again’: what the papers say about Johnson and the Tory leadership race

Former PM Johnson and ex-chancellor Rishi Sunak dominate front pages as the contest for the Conservative party’s top job intensifies

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Reuters

Venezuela opposition consider ditching Guaido-led interim government -FT

Venezuela's opposition parties are considering a plan to wind up the country's U.S.-backed interim government led by Juan Guaido, the Financial Times reported on Thursday, citing a senior figure in the opposition alliance.

The Guardian - UK

‘Be careful what you wish for’: Suella Braverman mocked after resignation

Jokes at home secretary’s expense came thick and fast on social media after her departure

Football London

New European Super League relaunch date could put pressure on Chelsea, Arsenal and Tottenham

The European Super League have appointed a new Chief Executive to help get the competition off the ground once again, after the previous incarnation was vetoed following supporter protests

The Independent UK

Bank of England pushes back start of gilt sale to November 1

It came after the central bank earlier denied a postponement of plans to start selling government bonds.

The Guardian - UK

Bank to start selling £80bn of UK government bonds from next month

Start date put back by a day to avoid clash with chancellor’s announcement of debt-cutting plan

Reuters

British PM Truss vows to carry on as her party support dwindles

British Prime Minister Liz Truss warned of tough times ahead after she scrapped her vast tax-cutting plan and said she would carry on to try to put the economy on a stronger footing, defying calls for her resignation.

AFP

Stocks, sterling extend gains after UK budget U-turn

Hong Kong (AFP) - Equities rose with sterling Tuesday after the UK government scrapped a controversial debt-funded mini-budget that had roiled markets, while traders were also cheered by a broadly positive start to earnings season.

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