World
Labour leader Andy Burnham announced plans to scrap the pension triple‑lock at the party’s conference, aiming to free £18 billion for a new social‑care programme. The proposal has triggered sharp dissent within Labour ranks and warnings that it could cost the party votes.
Business
Governor Andrew Bailey told policymakers that persistent energy‑price pressure makes keeping rates on hold increasingly difficult, signalling a probable rise in UK interest rates. Mortgage borrowers and markets have already begun to price in further tightening, with some analysts forecasting two hikes before spring.
News
A migrant boat that had been at sea for more than 30 hours was intercepted by UK authorities, while a far‑right activist filmed himself stabbing the vessel with a knife as a rescuer remained aboard. The incidents have intensified debate over the safety of Channel crossings and the UK’s immigration policy.
Business
Labour is considering lowering the threshold for its mansion tax to £1.5 million, a move that would bring the levy to an estimated 270,000 households, many in London. The proposal has sparked debate over its fiscal impact and political motives ahead of the next budget.