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New PM Andy Burnham sets out first steps to reshape Britain Source link

Andy Burnham says he will remove VAT for household electricity bills, marking his first major costed policy announcement as prime minister. Source link

A Syrian farmer looks at an Iranian missile that fell into an agricultural land in the area of Najha, in the countryside of the Syrian capital after being intercepted by Israeli air defense systems on June 8, 2026. Bakr Alkasem | Afp | Getty ImagesIt’s been 10 days since U.S. President Donald Trump declared the ceasefire with Iran “over,” with both sides launching military strikes and renewing geopolitical uncertainty.U.S. Central Command has pounded Iran with 10 straight nights of strikes, saying that the attacks are to “degrade Iranian capabilities used to attack commercial shipping in the Strait of Hormuz.”Here are…

Why is Lee & Man Paper Manufacturing stock surging today? Source link

Nearly half of companies that are targets of a ransomware cyber attack end up paying a ransom to release their data or systems, according to 2025 research from cybersecurity group Sophos, while the median amount demanded is rising. Globally, some jurisdictions are responding by banning payments to hackers. In the UK, for example, the government is advancing plans to prohibit public sector bodies and critical national infrastructure groups—including the National Health Service, local councils and schools—from making payouts. The potential veto comes as ransomware hackers have become more advanced and meticulous in their targeting of companies, particularly vulnerable small and…

His resignation came days before Andy Burnham’s pivotal by-election in Makerfield, adding to the sense that Sir Keir’s premiership was falling apart.Healey earned plaudits from across the political spectrum for resigning on a matter of principle.He had clashed with Reeves, the woman he is now replacing, pointedly saying in is resignation letter that the Treasury had been “unwilling” to “commit the resources that the nation needs to defend the country at this time of rising threats”.His return to government in the most vital job of all in cabinet after the prime minister is an even bigger surprise than his resignation,…

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.The EU’s tech chief has warned that AI has become a geopolitical weapon, pushing for Europe to develop its own alternatives to US models faster or risk being cut off from strategic capabilities.Brussels feared being “dependent on third countries for these very critical technologies”, Henna Virkkunen told the FT in an interview. Governments with the power to cut off other countries from accessing AI models could use that in their own interests, she warned. The EU’s fears about reliance on US tech…

The General Motors global headquarters in Detroit, Jan. 12, 2026.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — General Motors is set to report its second-quarter earnings before the bell Tuesday.Here is what Wall Street is expecting, according to average estimates compiled by LSEG:Earnings per share: $3.20 adjustedRevenue: $47.01 billionThose results would mark a more than 26% increase in adjusted earnings per share and 0.2% decline in revenue compared with a year earlier. GM’s 2025 second-quarter results included $47.12 billion in revenue, net income attributable to stockholders of $1.9 billion, and adjusted earnings before interest and taxes of $3.04 billion.Aside from…

Investing.com– Alibaba Group ()-backed Ant International said on Monday it had raised about $1.2 billion in an equity financing round, with proceeds earmarked to expand its cross-border payments business and AI-powered commerce solutions globally. The Singapore- and Shanghai-based financial technology company said existing shareholders, including Ant Group () and Alibaba Group, participated in the fundraising alongside international investment institutions. Get real-time updates on market-moving news with InvestingPro — now at 60% off Ant International said the fresh capital will support global expansion and accelerate innovation in merchant payments, account management and financial services for small and medium-sized businesses and enterprises.…

Since Sony announced that it was planning to stop producing physical PlayStation discs in 2028, many people have been justifiably worried about how they will maintain ownership and long-term game access in a disc-free world. But halting production of PlayStation discs also means eliminating the market for cheap used PlayStation discs, which are often available for well below the price of a digital download. How much is this disc-based discount worth? To find out, Ars analyzed how the prices of 19 current top-selling PlayStation games varied between digital downloads and physical discs (both new and used). We found that, while…