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The Conservatives have said they would end the provision of social housing for foreign nationals in England if they win power at the next election.The party said ending new tenancies for all foreign nationals, as well as current tenancies for couples where neither person is a UK, Irish or EU citizen, would free up an estimated 228,144 homes for British families.The Conservatives said Labour had “lost control of immigration” and British families had been left sitting on housing waiting lists as a result.But Labour said the policy was an “unserious, unworkable proposal, copied from Reform, that does nothing to tackle…

The Federal Communications Commission voted 2–1 today to eliminate the National Television Ownership Rule, claiming authority to repeal a limit that was set by Congress over 20 years ago. The rule prohibits any single broadcast station owner from reaching more than 39 percent of all TV households in the US. Under Chairman Brendan Carr, the FCC is replacing the rule with a “case-by-case review” of each proposed merger. “This will empower the FCC to approve deals that promote the public interest while allowing the agency to reject any deals that do not meet that standard,” Carr’s office said in a…

Senator Mitch McConnell (R-KY) is seen during a Senate Committee on Appropriations, Subcommittee on Department of Defense budget hearing at the Dirksen Senate Office Building in Washington, DC on May 19, 2026.Nathan Posner | Anadolu | Getty ImagesSen. Mitch McConnell, R-Ky., said Thursday he has been discharged from a rehabilitation facility and will keep up with his Senate work from home, as he continues to recover following nearly two months of medical care after a fall.”On the advice of my doctors, I’ll maintain an intensive regimen of physical therapy from home during the state work period,” the 84-year-old senator said…

SpaceX employees celebrate the market close of the SpaceX initial public offering (IPO) at the Nasdaq Marketsite on June 12, 2026, in New York City.Spencer Platt | Getty ImagesSpaceX believers are trying a new approach in the options market.Up until now, options flows were largely dominated by out-of-the-money call-buying, but the most popular directional trade on Thursday – albeit by a small margin – was selling puts. Of the $600 million in premium traded by midday, $316 million was in puts, with $166 million likely tied to sales of puts, SpotGamma data show. It’s a bullish view, but more about…

Wall Street is fixated on all the money Big Tech is spending on artificial intelligence infrastructure. But not enough attention is being paid to all the cash still coming through the door at these hyperscalers. One of the dominant topics this earnings season has been the dwindling amount of cash remaining after all that AI spending, known as free cash flow. Amazon’s and Alphabet’s were actually negative in the June quarter, and Meta and Microsoft saw declines too. The concern is understandable because this is an important metric when evaluating the health of a business. But widening the aperture to…

For this analysis, the BBC counted previous UK House of Commons elections dating back to 1955, by-elections to 1983 and Mayor of London records to 2000. Results prior to this are not included in the analysis.The current Clacton contest counts towards the three-contest threshold to be included in the analysis.Local council elections, local and combined-authority mayoral elections, devolved legislatures, European Parliament elections and London Assembly elections were excluded.Official records do not track individual candidates over time and there can be discrepancies where individuals are recorded under different variations on their name, aliases, or for different parties across their careers.Correction 6…

The parasitic fungi in the Cordyceps genus are a favorite subject of nature documentaries. They’ve also infiltrated popular culture via the zombie-apocalypse video game The Last of Us (2013) and its TV adaptation, in which a parasitic fungus mutates to infect humans. Scientists are keen to study Cordyceps to learn more about the origins and intricate mechanisms underlying these pathogen-based diseases. The latest finding: DNA analysis revealed the same fungus in both parasitized insects and surrounding mosses, according to a paper published in the journal IMA Fungus. (Yes, really.) This suggests a second life stage during which the fungus lives…

Independent auditors also suggested the party’s manual journal entries and related party transactions remained at “heightened risk of fraud”.The party had a cash surplus of £509,903, a huge rise from a near £400,000 deficit the previous year following a redundancy push in 2024.However, the figures do not include the run-up to the Holyrood election in May.Murrell pled guilty to embezzling more than £400,000 from the SNP earlier this year.The motorhome, bought in late 2020, was initially claimed to have been purchased to be used by the party as a campaigning tool.The vehicle was driven a short distance from being picked…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s rail network owner on Thursday warned of severe disruption for the remainder of the day around Manchester after power supply problems at a critical signalling centre halted services on important parts of the network, forcing hundreds of cancellations.Network Rail said no trains were able to run between Manchester Piccadilly and Manchester Victoria and Bolton because of the problem, which started at 2pm.Seven train operators — including Avanti West Coast, operator of the London to Glasgow West Coast main line, and…

Rep. Jim Jordan (R-OH) speaks to reporters as he arrives for a House Republican conference meeting on Capitol Hill on March, 6 2024 in Washington, DC. Kent Nishimura | Getty ImagesHouse Judiciary Committee Republicans sent a letter to the South Korea’s Media and Communications Commission on Thursday expressing their concern over recently adopted online regulations they say could allow the government to censor free speech and attack opposing viewpoints.The letter, reported first by CNBC, calls for a briefing from South Korean officials on their plans to enforce an amendment to the country’s existing data privacy law, which took effect in July…