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BP appoints new chair after contentious ousting of Albert Manifold in May
BP has appointed Ian Tyler as its permanent chair, ending a months-long search triggered by the controversial removal of Albert Manifold in May. The move is intended to draw a line under recent boardroom turmoil at the oil and gas company, with Tyler having already been serving as interim chair since Manifold’s abrupt exit after…
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Government shutdown averted, City land Ndiaye as Premier League smashes £3.46bn deadline day record
MPs passed a stopgap funding bill averting a shutdown ahead of the midterms, while Manchester City’s £65m Iliman Ndiaye deal capped a record-breaking Premier League summer; also: Tupac’s killer convicted, Netflix’s GTA VI preview soars, and Dick Van Dyke, 100, still working out.
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Gilt yields spike amid global bond market rout sending UK long-term borrowing costs to a 28-year high
Global bond markets sold off sharply, pushing UK government borrowing costs to their highest levels in decades as investors grow increasingly anxious about inflation, interest rates and mounting public debt. The rout is a worldwide phenomenon rather than a purely British problem, with yields also surging in the US, Germany and Japan, though analysts note…
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Nice day for a wet wedding! Bride walks down the aisle in waist-deep water after church floods
A couple in the Philippines went ahead with their wedding inside a Catholic church despite it being submerged in waist-deep floodwater, after refusing advice from parish officials to postpone. Leian Lieza Galang and Gilbert Chico were married by a priest at Saint John the Baptist Church in Hagonoy on Tuesday, with the bride wading down…
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Clíodhna O’Sullivan’s Romantasy Novel ‘Her Hidden Fire’ Getting YA Series Adaptation With Great Island Attached
Irish production company Great Island has optioned Clíodhna O’Sullivan’s bestselling romantasy novel Her Hidden Fire for an eight-part young adult television adaptation, backing the Cork-based company’s push into international scripted YA content. The story follows Éadha, a servant in a stratified magical world who secretly gives her hidden power to Ionáin, the heir she loves,…
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Burnham faces markets crisis with fears he will need £14bn Budget tax hikes to cover soaring debt costs – as even allies savage his blustering Commons debut
Andy Burnham has ended up mired in a full-blown market and political crisis in the days following his first Commons appearance as Prime Minister, after his debut statement blaming Brexit and Margaret Thatcher for Britain’s economic troubles was widely judged to lack policy substance. Government borrowing costs climbed steadily through his speech and the following…
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Burnham’s big idea is levelling DOWN. His party despises the aspirational, patronises the poor and indulges the feckless: SARAH VINE
In a Daily Mail comment piece, columnist Sarah Vine criticises new Prime Minister Andy Burnham and the Labour Party, arguing that where the previous Conservative government pursued “levelling up,” Labour is instead pursuing a “levelling down” agenda that punishes ambition and rewards mediocrity. She contrasts this unfavourably with the Tories’ Levelling Up White Paper under…
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Britain is OK with public ownership, but only by foreign powers. Why?
Arthur Downing, a historian and director of strategy at Octopus Energy, argues in his new book Power and the People: A History of British Energy that Britain’s fragmented, import-dependent energy system is a direct result of decades of privatisation, and that reversing this could help deliver a faster, fairer transition to clean power. Writing in…
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Netflix documentary traces 9/11’s legacy in divided America
A new Netflix documentary, Turning Point: Generation 9/11, marks 25 years since the 11 September 2001 attacks by combining archive recordings and testimony from survivors and the bereaved with an examination of how the day reshaped American politics and society. The Guardian’s review praises the 90-minute film for retaining the raw emotional power of the…
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Keith credits training partners for ‘saving my life’
Former Down hurler Stephen Keith has spoken about surviving a cardiac arrest during a gym session in Portaferry, crediting his training partners’ swift action for saving his life. Keith, 39, collapsed after finishing an exercise session and stopped breathing, but a nurse present began CPR immediately while others fetched nearby defibrillators, keeping him alive until…