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The Latest Breaking News from James Smith

Rio Tinto pushes against 'destructive' listing change

Rio Tinto's board is at odds with a hedge fund shareholder over the value in the group's dual listings on Australian and London stock exchanges.

AAP

Reeves may be forced to hike taxes as ministers refuse to rule out welfare U-turn

Think tank describes government plans to slash welfare as ‘regressive and rushed’

The Independent UK

Starmer to drive through welfare cuts that could affect UK’s most severely disabled

PM faces backlash over plans to tighten eligibility, potentially leaving over 600,000 claimants £675 a month worse off

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Field-by-field data helping to measure regenerative impact on dairy farms

The consumer giant is working with the First Milk farmer-owned co-operative to share the risk of rolling out greener practices in its supply chain.

Evening Standard

Bank of England poised to cut interest rates amid UK economic gloom

Growth forecasts likely to be downgraded, with rate-setting committee tipped to cut lending rate from 4.75% to 4.5%

The Guardian - UK

Jamie xx: south London's hottest export on politics, fame and finally growing up

The DJ and producer is in demand around the world – and in 2025 he’s set to scale things up

Evening Standard

Why has inflation increased and what does it mean for households?

Inflation lifted to its highest level since April last month, according to official data.

The Independent UK

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Keir Starmer denies budget to blame for rise in mortgage rates

PM says budget stabilised the economy, while mortgage rates are ‘individual decisions for the banks’

The Guardian - UK

Global stocks weaken amid ‘lacklustre’ UK economic growth data

London’s FTSE 100 struggled to maintain gains from earlier in the day and closed 7.58 points lower, or 0.09%, at 8,063.61.

Evening Standard

‘James Brown kept cutting our stage time’ – how the Stylistics made You Make Me Feel Brand New

‘The first time we opened for James Brown, we got 20 minutes on stage. Then when he heard the crowd response, he cut it to 15. By the end of the tour, he’d cut us back to five’

The Guardian - UK

Bank says ‘gradual approach’ to interest rate cuts needed after Budget

Andrew Bailey said it would ‘help us to observe’ how the tax measures would play out for the economy.

Evening Standard

Bank of England poised to cut UK interest rates for second time this year

Most economists think policymakers at the Bank of England will opt to reduce interest rates to 4.75% on Thursday.

Evening Standard

Chancellor seeks to calm markets amid jitters after Budget borrowing spree

The Budget increased state spending by almost £70 billion per year funded by increased taxes and borrowing.

Evening Standard

Reeves admits NI hike could hit pay rises while markets react to borrowing spree

Chancellor Rachel Reeves insisted she had no alternative but to raise taxes in her first Budget.

Evening Standard

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The Guardian - UK

‘Lady Gaga went to our chippy’: how Yorkshire became a cultural powerhouse

English Teacher won the Mercury prize, Amy Gledhill won the Edinburgh comedy award – and now even Beyoncé wants a piece of the action. Why has ‘God’s own county’ become such an artistic force?

Fortune

This London startup wants to build an eBay for AI data

Human Native has hired execs who pioneered Google's partnerships with publishers.

Evening Standard

Interest rate cut likely to be delayed by Bank of England, says former Chancellor Lord Hammond

The Tory peer believes the bank’s Monetary Policy Committee will be concerned about pay rises well above its two per cent inflation target

Evening Standard

Bank of England’s interest rate decision on a knife-edge, economists say

Economists are split over whether the Bank’s policymakers will decide it is the right time to reduce rates on Thursday.

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news in one place.

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The Guardian - UK

Friday briefing: The ins and outs of Labour’s unspectacular manifesto

In today’s newsletter: Keir Starmer stood on a platform for change when launching his party’s document for winning the election. But how much is being promised by Labour’s manifesto?

The Independent UK

Inflation: Why has it fallen and what it means for you

April’s inflation rate of 2.3% means that if an item cost £100 a year ago, the same thing would now cost £102.30

The Independent UK

Biggest inflation shock in decades has turned UK into nation of savers – report

Big changes in overall prices remain with us, even though inflation is easing, the Resolution Foundation said.

The Guardian - UK

Israeli tanks reach residential areas as IDF pushes further into Rafah

Witnesses report clashes in streets after seeing tanks cross strategically important Salah al-Din road

Tom’s Hardware

'World's smallest' Wii is the size of a deck of cards, uses custom PCBs

A Nintendo Wii is successfully converted into the size of a deck of playing cards, and how to do it yourself is shared on GitHub.

The Guardian - UK

‘They’re targeting healthcare workers’: airstrikes a constant fear for UK doctors in Gaza

Volunteers express concerns about continuing their work after Israeli attack that killed seven aid workers

The Guardian - UK

Yard Act review – a punk-funk workout for overthinkers

Touring their exuberant second album, the Leeds band are embracing their dancier side as their barbed observational songs get ever more intimate

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Tedros Adhanom Ghebreyesus

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International Monetary Fund

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