Maeve Turner
UK lenders launch new 100% mortgage deals for first-time buyers
UK lenders are increasingly offering high-loan-to-value mortgages to assist renters with high housing costs. These products require strict affordability checks and carry long-term financial risks.
US Launches Fresh Strikes on Iran as Strait of Hormuz Remains Closed
US-Iran hostilities have caused the closure of the Strait of Hormuz, disrupting energy markets and triggering reciprocal strikes on military infrastructure.
China ‘strongly dissatisfied’ following decision to nationalise British Steel
The UK government has formally brought British Steel into public ownership to secure national supply chains and industrial capacity. China has expressed strong dissatisfaction with the move, citing concerns over investor protections.
Oil rises on intensifying US-Iran hostilities and threat of Red Sea ...
Brent crude and WTI prices surged on July 17, 2026, as renewed military strikes between the U.S. and Iran raise fears of disruptions to global oil corridors.
China condemns UK move to nationalise British Steel
The UK government has taken the Scunthorpe steelworks into public ownership to protect jobs and domestic supply chains, prompting a rebuke from Beijing.
SpaceX Starship launch aborted due to engine failure during ignition
A technical failure involving the Super Heavy booster forced SpaceX to scrub the thirteenth Starship test flight, impacting both satellite deployment plans and stock value.
SpaceX Starship launch aborted when engines fail to start just before takeoff
A technical failure prevented the ignition of the SpaceX Starship rocket during its 13th test flight, forcing an automatic abort at the Starbase facility. The launch team is offloading propellant and preparing for a future attempt.
Taco Bell removes lettuce from supplier linked to cyclosporiasis outbreak
Federal health officials have linked a parasitic illness outbreak to shredded lettuce at Taco Bell locations in five states, prompting a nationwide removal.
SpaceX Starship rocket aborts before liftoff in 13th flight test attempt
SpaceX's 13th Starship test was halted seconds before launch after an automatic abort triggered by engine ignition failure. The incident caused company shares to fall to $131.11, dropping below the $135 IPO price for the first time.
Workers face fresh cost of living squeeze says new report
Families in the UK and US face increased financial strain as inflation outpaces wage growth, driven largely by rising energy prices and utility costs.
US stock markets fall as chip sector weakness offsets solid earnings data
US markets fell on Thursday as a selloff in semiconductor firms offset positive economic indicators and corporate results. Despite the Nasdaq's 1.47% drop, analysts noted that several non-tech sectors continue to perform well.
Eli Lilly to buy AtaiBeckley in $2.8bn deal, could rise to $3.8bn
Eli Lilly will acquire AtaiBeckley for an upfront equity value of approximately $2.8 billion to gain access to therapies for treatment-resistant depression.
FDA approves Lipfendra as first oral PCSK9 inhibitor for high cholesterol
Merck’s Lipfendra has received FDA approval as the first oral PCSK9 inhibitor, offering a daily pill option to help lower LDL cholesterol levels.
Elon Musk loses trillionaire status as SpaceX and Tesla shares fall
Elon Musk's net worth has fallen below $1 trillion following a sharp decline in SpaceX share prices. A single-day drop of 16.43% for SpaceX shares erased $240 billion from his personal valuation.
Andy Burnham eyes energy guarantee, rent freeze and £2 bus cap
Incoming Prime Minister Andy Burnham is shaping his government's agenda around economic relief, focusing on energy bills, housing, and public transport.
Social Security claiming decisions should not rely on life expectancy
As the UK government reviews proposals to accelerate the state pension age, experts warn against using personal life expectancy to time retirement claims. Workers are instead encouraged to focus on proactive measures like asset consolidation and adjusting pension contributions.
Hormuz Risk Is Back: Why The Market Is Wrong On Energy - Forbes
Renewed conflict in the Strait of Hormuz and the revocation of a key U.S. sanctions license have created significant energy market uncertainty.
British Steel brought into public ownership to secure UK supply chain
The UK government has officially transitioned British Steel into public ownership to protect the nation's last virgin steel facility and secure essential infrastructure supply chains.
Professional Tax Associates scam calls target victims with fake tax threats
Fraudsters impersonating Professional Tax Associates are using high-pressure phone calls to trick victims into paying fake fees or providing remote device access. Experts advise verifying all tax claims through official channels and ignoring unsolicited requests for immediate payment.
Why is Renting So Expensive in the US? - Miranda
Rental markets in the US and UK are grappling with a supply-demand imbalance and rising costs that place significant financial strain on households.