Stock markets will fall, Bank of England deputy governor says

• The White House is ramping up pressure on Cuba for political change following Operation Absolute Resolve, which successfully extracted Venezuelan President Nicolás Maduro. • US military presence is expanding across Latin America and the Caribbean, with a focus on combating drug-trafficking by transnational criminal organizations like Mexican Cartels, MS-13, Tren de Aragua, and Haitian gangs, topping the 2026 Annual Threat Assessment. • Ecuador’s President Daniel Noboa seeks stronger US military ties after a failed 2025 referendum on foreign bases, while Paraguay ratified a State of Forces Agreement allowing temporary US troop deployments for training.

Olly Robbins gave MPs a classic civil servant’s performance – and there are lessons from history about how ministers should respondThe Whitehall satire Yes Minister was said to be Margaret Thatcher’s favourite TV show due to its proximity to reality, as the programme’s loquacious top civil servant, Sir Humphrey, might have put it.Yes Minister had a familiar groove: there would be a problem in response to which the mandarin would artfully deploy the most astonishing sophistry to avoid blame or get his own way. Jim Hacker, the largely clueless yet ambitious politician played by the late Paul Eddington, rarely won the day. Continue reading...

Israeli prime minister says early-stage malignant tumour was discovered during a routine check-upMiddle East crisis – live updatesBenjamin Netanyahu has revealed that he received successful treatment for early-stage prostate cancer, without specifying when the treatment took place.In a statement on social media, as his annual medical report was released, the Israeli prime minister said an early-stage malignant tumour had been discovered during a routine checkup. The 76-year-old said targeted treatment had removed “the problem” and left no trace of it. Continue reading...

Internal email proposes US should reassess support for UK claim to islands because of lack of support for Iran warUK politics live – latest updatesThe UK’s position on the Falklands is resolute and unchanging, Downing Street has insisted, after a leaked Pentagon internal email proposed the US should reassess its support for Britain’s claim to the islands because of a lack of support over Iran.Keir Starmer’s spokesperson did not push back against the likely veracity of the email but insisted that the UK’s defence and security relationship with the US remained extremely strong. Continue reading...

Crown Prosecution Service launches action plan to help potential victims and perpetrators understand behavioursYoung people may not even realise they have been victims of stalking, the Crown Prosecution Service has said as it launched a scheme to tackle a rise in offending.The number of stalking offences charged by the CPS in England and Wales reached a record high last year of 7,168. More than 80% of these were flagged as relating to domestic abuse, meaning most victims were stalked or harassed by someone they knew. Continue reading...

Members will plan how to come to each other’s aid in the event of an attack as Nato faces worst crisis in its historyBrussels officials will draw up a plan on how to use the EU’s little-known mutual assistance pact in the event of a foreign attack, as Donald Trump’s criticism of Nato intensifies.EU leaders have agreed that the European Commission “will prepare a blueprint” on how the bloc will respond if the mutual assistance clause is triggered, according to Nikos Christodoulides, the president of Cyprus, who is hosting the talks. Continue reading...

Film sequel reveals how luxury brands have turned the tables on once-dominant magazine editorsThe National Gallery was the grand setting for the party that followed The Devil Wears Prada 2’s London premiere this week. Donatella Versace held court in a roped-off area beneath Paul Delaroche’s The Execution of Lady Jane Grey.Meryl Streep, reprising her role as Miranda Priestly – Anna Wintour’s fictional alter ego – wore a red satin Prada coat as a nod to the film’s title and black sunglasses as a wink to Wintour. Glossy magazine editors from Spain, Germany and the Netherlands, flown in for the night, nibbled on fried chicken served with caviar and dishes of mac and cheese presented theatrically under silver cloches. Continue reading...

John Ashby to serve minimum of 14 years after admitting rape, robbery, intentional strangulation and religiously aggravated assaultA man has been jailed for life with a minimum term of 14 years for the religiously aggravated rape and assault of a Sikh woman.John Ashby, 32, had admitted charges of rape, robbery, intentional strangulation and religiously aggravated assault on Tuesday. Ashby asked to see his barrister and changed his pleas around an hour after being sworn at and told to “sort your shit out” by a member of the public who approached the dock of Birmingham crown court. Continue reading...

Executive order to speed access to psychedelic treatments likely to have limited legal impact despite high-profile pushThe Trump administration issued an executive order earlier this month to accelerate access to psychedelic medication for people with “serious mental illnesses,” but experts say the order is more likely to make a difference symbolically than legally.“Policymakers and the medical field have long struggled to address the burden of suicide and serious mental illness rates in America,” the order reads, noting that some people do not respond to available treatments. Continue reading...

Exclusive: Prominent figures risk arrest with message of support for proscribed group before next week’s appeal hearingUK politics live – latest updatesSally Rooney, Greta Thunberg, and Brian Eno have written to the court of appeal in support of Palestine Action before next week’s hearing to determine the lawfulness of the ban on the direct action protest group.The letter, composed of only six words – “We oppose genocide, we support Palestine Action” – is signed by more than 130 people and is the first time that prominent scholars, writers and activists have come together to defy the ban. Continue reading...

Meta to lay off 10% of its staff and Microsoft to offer retirement to 7% of US workforce. Plus, Iron Maiden at 50Good morning.Meta and Microsoft are cutting thousands of employees as they bet big on AI and executives claim that the technology is meeting productivity needs.What have they said about AI? Mark Zuckerberg said in January that AI was making some hiring unnecessary. Mustafa Suleyman, Microsoft’s AI chief, said in February that he believed AI would be able to replace most white-collar work within the next 12 to 18 months.How many tech layoffs have there been in 2026? In four months, more than 92,000 employees in the industry have lost their jobs, according to the tracker Layoffs.fyi. But some experts believe companies may be “AI washing” – using it as cover for a slowing labor market and demand or rising costs. Continue reading...

Wiltshire town councillor Andrew Edwards has ‘a big collection’ and was visible throughout livestreamed proceedingsIt was blockbuster viewing for politicos across the country: the livestreamed grilling of Olly Robbins. While the sacked Foreign Office civil servant was billed as the star of the show, for many he was upstaged by a well-dressed man wearing a cravat.“I’ve got a big collection,” said Andrew Edwards, the scene stealer in question. Continue reading...