Who is Kevin Warsh, the man expected to become the next Fed chair? January 30, 2026 US President Donald Trump has said he will name his pick for Federal Reserve chair on Friday, ending months of speculation over who will replace Jerome Powell at the head of the US central bank. Trump said on Thursday evening that he would confirm the name of his candidate “tomorrow morning”, somebody who “is very [...]
Debenhams to retain Pretty Little Thing as fast fashion brands recovers January 28, 2026 Online fashion seller Debenhams is set to retain Pretty Little Thing after considering selling the fast-fashion brand after seeing improvements in profitability. The retailer, which rebranded from Boohoo Group in March 2025, has unveiled its decision to keep the low-cost retailer after first mulling the sale in August as it looked to restructure its business [...]
Trump to raise tariffs on South Korea to 25 per cent January 27, 2026 US President Donald Trump has said he will increase tariffs on South Korea to 25 per cent, after accusing Seoul of “not living up” to the trade deal reached late last year. In a Truth Social post on Monday, Trump said the increase would apply to a range of products including lumber, automobiles, pharmaceuticals and [...]
Gold hits new record high amid fresh Trump turmoil January 26, 2026 The price of gold jumped above $5,000 on Monday, as investors once again scrambled to get their hands on the safe haven asset amid heightened Trump tariff turmoil and policy changes. The precious metal surged to $5,078 (£3,716) per ounce, extending its record rally, before reaching $5,097.24 on Monday morning. Silver also hurtled past $100 [...]
‘He’s an idiot’: Musk and Ryanair boss trade insults in Starlink row January 17, 2026 A spat over in-flight Wi-Fi has spiralled into a verbal brawl between Elon Musk and Ryanair chief executive Michael O’Leary. The clash tumbled into the open after O’Leary dismissed Musk and his satellite internet business Starlink in a radio interview on Ireland’s Newstalk, calling him “an idiot”. The verbal row widened to O’Leary telling listeners [...]
Sack Streeting, cabinet ministers urge Starmer January 17, 2026 Sir Keir Starmer has faced calls from cabinet ministers to follow Kemi Badenoch’s playbook and sack health secretary Wes Streeting for disloyalty. Ministers are becoming increasingly frustrated about Streeting’s forthright public criticisms of the Labour party, with some privately accusing him of putting his leadership ambitions first and “attacking No 10”. One cabinet minister told [...]
Grok AI key to Sport England suspending X account January 13, 2026 Sport England has suspended its activity on Elon Musk’s social media platform X, citing an environment that is “hostile to women and girls”. X, formerly known as Twitter, has been at the centre of a storm relating to its associated Grok AI and claims that it allows users to generate sexually explicit images, including of [...]
Starmer: I’ll still be prime minister going into 2027 January 4, 2026 Prime Minister Sir Keir Starmer has insisted he will still leading the country this time next year, dismissing concerns about his leadership, despite growing rumours about challenges within the party. The Labour leader said that frequent leadership changes were not in the national interest, taking note of the “chopping and changing” of prime minister under [...]
Starmer: UK not involved in Venezuela strikes January 3, 2026 Prime Minister Keir Starmer has confirmed the UK was “not involved” in the US military strikes on Venezuela or the capture of Nicolas Maduro earlier this morning. Speaking to the BBC’s Laura Kuenssberg, Starmer said: “I haven’t [spoken to President Trump] and it’s obviously a fast-moving situation. We need to establish all the facts. “What [...]
Venezuelan President Nicolas Maduro indicted in New York on drugs and weapons charges January 3, 2026 Venezuelan President, Nicolas Maduro, will stand trial in the US, after both he and his wife were captured and flown out of the country by US special forces on Saturday morning. US Attorney General, Pam Bondi, has confirmed that both Maduro and his wife have been indicted in the Southern District of New York. Bondi [...]