The RBA has made one of its most controversial calls in recent years - and this rate rise may not age well

After carrying out an audit, the council found some parts of the town were ‘overwhelmed’ A local council has stopped residents from installing any more memorial benches in the town amid concerns that it is becoming “overwhelmed”.Hartlepool borough council has said it is not currently taking any new applications for benches, after concerns from residents that there are too many. Continue reading...

If confirmed, it would make Larijani the most senior Iranian figure to be killed in the war since Ali Khamenei. Plus, Oakland homicides down 48% from Covid peakGood morning.Israel says it killed Iran’s national security chief, Ali Larijani, in overnight strikes. If the claim is confirmed, it would make Larijani the most senior Iranian figure to die in the war since the supreme leader Ali Khamenei was killed on its first day.How significant could Larijani’s death be? Very. If confirmed, it would remove a pivotal figure at the center of the regime’s political and security establishment at a time of acute crisis.What’s happening to oil prices? Oil and gas prices have risen again after Iran successfully attacked production facilities for the first time since the start of the war. Brent crude reached $103.2 a barrel on Tuesday.Read our live coverage here. Continue reading...

More than 100 others injured in bombings targeting post office, market areas and hospital in MaiduguriAt least 23 people have been killed and more than 100 others injured in multiple suspected suicide bombings in the north-eastern Nigerian city of Maiduguri, shattering its reputation as a relative oasis of calm in recent years as a long-running insurgency was pushed to the rural hinterlands.Authorities said the explosions went off at the post office and market areas, as well as the entrance to the University of Maiduguri teaching hospital, on Monday evening during iftar, the breaking of fast in the month of Ramadan. Continue reading...

Donald Trump has vowed not to sign any other legislation until the passage of Save America act, which would create more barriers for votingSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump has vowed that he will not sign any other legislation until Republicans’ massive voting bill, the Save America act, is passed. The bill would upend voting for all Americans in the middle of a federal midterm election year and create costly, chaotic changes for elections workers.The Senate is set to consider the legislation next week, though Senate leaders say they don’t have the votes to get over the filibuster hurdle, essentially dooming the bill for failure.Iran’s foreign minister, Abbas Araghchi, denied that he is in talks with Steve Witkoff, Donald Trump’s real-estate pal turned chief diplomat, and accused the US of leaking false claims that the two are in direct contact to calm panicked markets.After Trump claimed that he had spoken to a former US president who told him that he approved of his attack on Iran, all four living former presidents denied having spoken with Trump about Iran.Trump publicly revealed details about a Republican congressman’s “terminal” diagnosis that could have left him “dead by June”, prompting Mike Johnson, speaker of the House, to say: “That wasn’t public.”The appointment of a controversial slate of vaccine advisers by Robert F Kennedy Jr likely violated federal law, a federal judge ruled, and all votes taken by the committee over the past year have been stayed.Gregory Bovino, the US border patrol chief and frequent Fox News guest who was the face of the Trump administration’s mass deportation efforts until the killing of two protesters in Minneapolis by federal agents, said he will retire within weeks.Trump, who once mocked the gestures of a New York Times reporter with a congenital condition that limits his ability to move his joints, claimed that the governor of California’s dyslexia means that he is “dumb”. Continue reading...

Britons learn about the country’s involvement ‘almost as a self-congratulatory narrative’, says historian Joseph Mulhern In 1845 British citizens and companies were already legally prohibited from owning or buying enslaved people overseas, yet that year 385 captives were “transferred” to a British mining company in Brazil named St John d’El Rey.Despite a global campaign waged by the UK against slavery and the transatlantic slave trade, the move was not technically illegal because the enslaved people were not sold but “rented” – a practice permitted overseas under the 1843 Slave Trade Act. Continue reading...

Board members Jørgen Vig Knudstorp and Beth Ford face scrutiny for the coffee chain’s ongoing labor dispute Starbucks shareholders are pushing to remove two board members at the company who they argue have contributed to stalling the coffee chain’s long-fought-over union drive.The SOC Investment Group, Trillium Asset Management, Merseyside Pension Fund, the non-profit Shareholder Association for Research and Education (Share), and the New York state and New York City comptrollers wrote a letter to Starbucks shareholders to vote “no” on the re-election of board members Jørgen Vig Knudstorp and Beth Ford at Starbucks’s annual shareholders meeting on 25 March. Continue reading...

Scotland’s busiest station to run reduced trains timetable after estimated 953,000 passenger journeys affected so farScotland’s busiest station, Glasgow Central, will partially reopen its main concourse on Wednesday, including for cross-border services, after a fire gutted the Victorian building next to it.There will be a reduced timetable, including a scaled-down service to London Euston, and passengers are asked to check journeys before travelling. Continue reading...

Ecotricity ranked top in Citizens Advice survey, followed by Outfox, Octopus and Co-operativeBusiness live – latest updatesAround 14 million households in the UK are receiving “below average” customer service from their energy supplier, a consumer group has warned.Citizens Advice said energy suppliers must improve their service, as its survey of 16 companies showed that half of gas and electricity consumers are with suppliers scoring less than three out of five stars for their customer service. Continue reading...

If confirmed, death would make Larijani the most senior Iranian figure to be killed since Ali Khamenei on first day of warMiddle East crisis – live updatesIsrael says it has killed the Iranian national security chief, Ali Larijani, in overnight strikes, a claim that if confirmed would make him the most senior Iranian figure to die in the war since the supreme leader Ali Khamenei was killed on its first day.Israel’s defence minister, Israel Katz, said a separate strike killed the Basij paramilitary force commander, Gholamreza Soleimani, along with other senior Basij figures. Continue reading...

Exclusive: Early US assessment suggesting missile was Iranian was almost immediately dismissed, sources sayDonald Trump’s attempt to blame Iran for the deadly strike on an elementary school stemmed from an early US intelligence assessment that initially suggested the missile was Iranian but was almost immediately dismissed, according to two people familiar with the matter.The CIA initially told the president that they did not believe the missile that struck the school was a munition used by the US because the fins appeared to be positioned too low for it to be a Tomahawk cruise missile. Continue reading...

Rolling coverage of the latest economic and financial newsThe number of people in England and Wales falling into insolvency has jumped.There were 11,609 individual insolvencies registered in England and Wales in February, the Insolvency Service has reported this morning. This was 18% higher than in February 2025 and 6% higher than in January 2026.The individual insolvencies consisted of 768 bankruptcies, 4,210 debt relief orders (DROs) and 6,631 individual voluntary arrangements (IVAs). The number of DROs in February 2026 was a record high in the monthly time series going back to their introduction in 2009, exceeding the previous high of 4,185 in August 2025.The number of IVAs was higher than both January 2026 and the 2025 monthly average. Bankruptcies were 25% higher than in February 2025, although numbers were affected by the clearing of a backlog following the Insolvency Service moving to a new case management system.Average 2-year fix has risen from 4.83% at the start of March to 5.28% today. It’s highest since April 2025.Average 5-year fix has risen from 4.95% at the start of March to 5.32% today. It’s highest since February 2025.“War in the Middle East has added almost £800 to a typical annual mortgage bill in just two weeks, which will be unwelcome news for anyone currently seeking a fixed rate deal.“The average two-year fixed rate has jumped from 4.83% at the start of March to 5.28% today – its highest level since April 2025. The average five-year fix has risen from 4.95% to 5.32%, now at its highest since February 2025. For a borrower with a £250,000 mortgage over 25 years, that equates to paying £788 more per year on a two-year fix, or £651 more on a five-year deal compared to just a fortnight ago. Continue reading...

Emily Thornberry is the latest figure to call on the king’s visit to the US to be delayed, citing the ongoing war against IranYesterday Donald Trump confirmed that he expects the king’s state visit to the US to go ahead at the end of April. As the Mail reports, speaking about his plan to build a new, mega ballroom on the east wing of the White House, Trump said he needed a facility like this because of the weather in Washington. He explained:And you know the land in Washington was built on a swampy wetland.And when it rains, and you have the King of Saudi Arabia ... the King of the UK, I would say King of England, a great guy, he’s coming in very soon. And when it rains, you know what happened? And the rain would go over their feet. Continue reading...