China prepares £40bn stimulus for financial sector amid fears over sluggish growth

Beijing wants banks and insurers to bolster investment in stock market as it helps to replenish cash reservesChina will inject $54bn (£40bn) into its financial sector as Beijing attempts to shore up banks and insurers in the face of faltering economic growth.A host of financial institutions said they were due to receive billions of yuan in capital from state institutions including the ministry of finance and even the company that runs the country’s tobacco monopoly. Continue reading...

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Shoebridge criticises Labor response after IDF officer’s ‘reprehensible’ comments on deadly Zomi Frankcom strike

Greens defence spokesman says ‘words are just distractions’ until government takes action‘Guilt by association’: why seven international aid workers were killed in Israeli airstrikeGet our breaking news email, free app or daily news podcastThe Greens have criticised inflammatory statements from the former Israel Defense Forces officer who ordered the attack which killed Zomi Frankcom, accusing the Albanese government of weakness over its failure to halt military exports and impose new sanctions.

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Volcanic eruption halts flights at Jakarta and seven other Indonesian airports

Ash cloud from Anak Krakatau affects hundreds of flights and some school and fishing activitiesIndonesia halted operations at eight airports on Sunday, including from its main international hub, affecting hundreds of flights as a result of an ash cloud from the Anak Krakatau volcano.Saturday’s eruption, which produced lava and booming sounds that were heard up to 435 miles (700km) away, according to Indonesia’s geology agency, also interrupted some school activities and fishing. Two more erupti

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Black-clad Dover vigilantes will return if police do not act, say campaigners

Far-right linked group able to mobilise at scale due to police ‘inaction’, says founder of Hope Not HateThe group of masked, black-clad vigilantes who blockaded roads in Dover could repeat the disruption unless police step up efforts to stop them, politicians and campaigners have said.Responsibility for the demonstration has been claimed by Patriot Platform, an anti-immigration group with links to the far right, which styles itself as having a “fierce love for our homeland”. Continue reading...

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No bailouts for Jaguar Land Rover amid reports of thousands of job cuts, says minister

Carmaker, which is battling Trump tariffs and Chinese competitors, faces talks with union leaders and governmentThe government has signalled that it will not invest taxpayers’ money to limit job losses at Jaguar Land Rover (JLR), after it emerged that the UK’s biggest carmaker is planning up to 4,000 redundancies.Before crunch talks on Tuesday between JLR, union leaders and government officials, the business secretary, Jonathan Reynolds, said it was not his job to “intervene and run businesses”.

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German startup sends first commercial rocket into space from Europe

Isar Aerospace plans rapid expansion amid race to capitalise on expanding satellite-launch marketA German startup has launched the first commercial rocket to reach orbit from continental Europe, a milestone for Europe’s efforts to secure independent access to space.Isar Aerospace said on Sunday that it would rapidly ⁠expand satellite deployments after the ⁠first orbital launch of ​its uncrewed Spectrum rocket from Arctic Norway, marking a ⁠breakthrough for a region where several countries are se

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US envoys Kushner and Witkoff arrive in Kyiv after talks with Putin

Arrival marks first visit to Ukraine and comes day after ‘substantive plans’ on ending war discussed in MoscowThe US negotiators Jared Kushner and Steve Witkoff have arrived in Kyiv for a second day of talks on how to end the war in Ukraine.Ukraine’s president, Volodymyr Zelenskyy, met the pair in Sophia Square, in front of Kyiv’s historic Saint Sophia Cathedral. Zelenskyy greeted Witkoff with a hug, saying: “It’s good to see you, Steve.” Continue reading...

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Undercover report on donations ‘looks bad’ for Reform, admits Nigel Farage – as it happened

The Reform UK leader is under pressure after senior aides appeared to plot how to bypass electoral laws on foreign donationsSagal Abdi-Wali arrived in Camden as a child refugee from Somalia. She has worked for more than a decade as a volunteer and trustee for local charities and is a governor of two schools in the borough, according to Labour.She was first elected as a councillor in 2022 and became the leader of the council in May, when she said: “Camden has been my home for 35 years. It is the

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Zia Yusuf’s post about Camden council leader is ‘straightforward racism’, says minister

Senior Reform UK figure has faced criticism within party after post about Sagal Abdi-Wali, a former child refugeeLabour has accused Reform’s Zia Yusuf of “straightforward racism” after he suggested the party’s frontrunner to replace Keir Starmer in the Holborn and St Pancras byelection was not British.Sagal Abdi-Wali, a former child refugee from Somalia and the leader of Camden council, has been tipped as an early favourite to contest the London seat for Labour after the former prime minister’s

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Canadian skyrunner goes missing during training session for Matterhorn record attempt

Kalie McCrystal was hoping to break record in AlpsAthlete was last seen on Tuesday afternoonCanadian athlete Kalie McCrystal has gone missing during preparations for a record attempt in the Alps.McCrystal, from Squamish in British Columbia, was on a “reconnaissance/training session” in the run-up to her attempt at ascending and descending the 14,692 ft (4,478m) Matterhorn on the Swiss-Italian border. Continue reading...

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