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UK bank deposit protection to rise to £120,000 from December

Customers of UK banks and building societies will soon benefit from a major increase to the amount of money protected if their bank fails, after regulators confirmed that the Financial Services Compensation Scheme (FSCS) deposit limit will rise from £85,000 to £120,000. The change, announced by the Prudential Regulation Authority (PRA), marks the largest uplift since 2017 and reflects updated inflation data and industry feedback. It will take effect in December, with customers automatically covered...

Eight firms investigated over online pricing as CMA exercises new powers

Eight companies are under formal investigation by the UK’s Competition and Markets Authority (CMA) over concerns about online pricing tactics, marking the regulator’s first major enforcement action under its strengthened consumer protection powers. The firms — StubHub, Viagogo, AA Driving School, BSM Driving School, Gold’s Gym, Wayfair, Appliances Direct and Marks Electrical — are being examined as part of a wide-ranging review into how businesses display and structure online prices. The CMA is also writing...

Carbon3.ai to invest £1bn in UK’s first fully sovereign AI infrastructure network

Carbon3.ai, the UK’s leading sovereign AI infrastructure company, has announced a £1 billion investment to build the country’s first nationwide network of fully sovereign, sustainable AI-ready data centres — a move expected to reshape the UK’s digital resilience, national security and long-term competitiveness in artificial intelligence. The ambitious programme will convert legacy industrial and energy sites into a network of high-performance, low-carbon compute hubs, all designed, owned and operated exclusively within the UK. This ensures...

New director verification rules ‘will cut corporate register’, experts warn

The UK’s corporate register is expected to shrink significantly over the next year as new identity verification rules for company directors and beneficial owners come into force on Tuesday, according to specialists in corporate transparency and financial crime. From 18 November, all new directors and persons with significant control (PSCs) must verify their identity with Companies House before they can form or run a company. Existing directors and PSCs will be phased into the system...

UN Security Council backs Trump’s Gaza peace plan after Waltz calls territory ‘hell on earth’

The U.N. Security Council on Monday adopted a U.S.-backed resolution to end the Gaza war and deploy an international stabilization force after Ambassador Mike Waltz urged members to support what he called ‘a bold, pragmatic blueprint’ born from President Donald Trump’s 20-point peace plan. In an address to the council, Waltz described Gaza as ‘a hell on earth’ after two years of conflict, saying the resolution offered the world a chance to replace ‘rubble where...

Pro-life pregnancy centers see client increase after Supreme Court decision: study

Facilities designed to discourage abortion have seen tens of thousands of additional clients in the wake of the Supreme Court’s landmark Dobbs ruling, according to a study published Monday. The Charlotte Lozier Institute, the research arm of the pro-life organization SBA Pro-Life America, found in its annual report that the facilities, often known as pregnancy resource centers, surpassed one million clients for the first time in 2024. That total is up from 974,965 in 2022,...

Raspy-voiced Trump reveals reason he ‘blew my stack’ in heated discussion

President Donald Trump blamed his hoarse voice on a tense discussion with a foreign nation who attempted to renegotiate the terms of their trade deal.  Trump sported a raspy voice during a meeting with the White House’s task force on the FIFA World Cup 2026, prompting a reporter to ask if he felt alright. ‘I feel great. I was shouting at people because they were stupid about something having to do with trade and a...

China military reaches ‘war footing’ with new missile silos and advanced AI warfare systems

China’s military buildup has reached what a new congressional report calls a ‘war footing,’ with hundreds of new missile silos and expanding nuclear capabilities that could erode America’s long-standing deterrence edge in the Indo-Pacific. China has built roughly 350 new intercontinental missile silos and expanded its nuclear warhead stockpile by 20% in the past year, part of a sweeping military expansion that the U.S.-China Economic and Security Review Commission says could strain U.S. readiness to...

Epstein referenced Trump in private emails to Ghislaine Maxwell and others, new records show

The late financier and convicted sex offender Jeffrey Epstein discussed President Donald Trump in emails released by the House Oversight and Government Reform Committee Wednesday. The Democrats on the committee released three emails Wednesday that Epstein’s estate provided them — prompting Republicans to release their own stash of 20,000 pages of Epstein documents hours later, while the White House accused Democrats of seeking to distract from the government shutdown. In response, Trump announced Friday that...

Cruz keeps 2028 door open as speculation grows over GOP’s post-Trump future

Amid rumors he may pursue a 2028 bid for the White House, Sen. Ted Cruz, R-Texas, didn’t deny the possibility when asked about it on Monday morning. ‘Reporters are going to write headlines that get clicks and get eyeballs. I got a job — it’s representing 31 million Texans. And I’ll tell you right now, the wins we are getting are historic,’ Cruz said on ‘The Faulkner Focus.’ Cruz highlighted his participation in President Donald...