London announced last week that it will send Saudi Arabia fighter jets to help the country defend itself against attacks from Ansar Allah (the Houthis), the Yemeni group that has been effective in targeting critical infrastructure inside the country.
A top Trump administration official warned countries that level sanctions against Israel over the abuses it allows in the West Bank by so-called settlers on the Palestinian population will face reciprocal tariffs by the U.S., according to a report in The Telegraph.
The U.K. and the Gulf Cooperation Council (GCC) have negotiated a trade agreement that will be “monumental” in its benefits to both parties, Abdulla bin Adel Fakhro, Bahrain’s minister of industry and commerce, said to CNBC.
Nigel Farage, the head of Britain’s Reform U.K., has been one of the growing number of politicians who have been using the app Cameo to earn some cash on the side, and remain relevant in the eyes of voters.
Britain’s headline inflation accelerated to 3.8 percent in July, with inflation in services jumping 5 percent, giving the U.K. the highest inflation rate among the world’s richest countries.
British Prime Minister Keir Starmer and German Chancellor Friedrich Merz signed a mutual defense treaty last week that—in part—promised to come to each other’s aid if there’s an attack on either, which seemed redundant given that NATO is supposed to already have the same assurances under Article 5.
Rishi Sunak, the former British prime minister, will return to Goldman Sachs as a senior adviser, where he will help guide the firm’s clients on economic and geopolitical issues, according to the Financial Times.
London’s Metropolitan Police arrested more than 70 people who took part in a protest on Saturday in support of the Palestine Action group, which was recently named a terrorist organization after its activists broke into a base in Oxfordshire, England, last month and damaged two Royal Air Force planes using red paint and clubs, according to a report.
Newly released research found that the wealth gap between the United Kingdom’s (U.K.) richest and poorest has increased in recent years, and its disparity is “among the highest in the developed world.”
In March, China continued reducing its portfolio of U.S. treasury securities, dropping it behind the U.K. as the largest foreign owner of U.S. debt.