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Billionaire hedge fund founder Chris Rokos leaves UK for Greece amid tax rise fears
Billionaire hedge fund manager Chris Rokos, founder of Rokos Capital Management, is reportedly relocating from the UK to Greece amid concerns over possible tax increases in the upcoming autumn Budget. He would be the first major high-net-worth individual to leave the country since chancellor John Healey began preparing his spending plans, and his departure adds…
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Non-league to Champions League: The Porto boss out to stun Man City
Francesco Farioli, Porto’s 37-year-old head coach, took charge of his first Champions League match as a manager as his side hosted Manchester City at the Estadio do Dragao on Tuesday. Farioli, who led Porto to the Portuguese title last season, had turned down interest from Chelsea, Liverpool and Rangers to extend his contract, citing a…
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The migrant crisis is now a national emergency and if Burnham keeps ignoring it, these ugly protests will only grow: DR ALAN MENDOZA
Prime Minister Andy Burnham is facing criticism for staying silent on the migrant crisis, even as protests have flared along England’s South Coast, including a blockade at the Port of Dover and demonstrations in Portsmouth. In this opinion piece, Dr Alan Mendoza argues that mass Channel migration has escalated into a national emergency that the…
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‘Global reckoning’ is coming for big tech, says Australian minister
Australia’s government has unveiled draft legislation to impose a “digital duty of care” on tech companies, framing it as basic safety regulation akin to standards for cars, food and appliances. Communications Minister Anika Wells said the law would end an era of platforms “running real-time, unregulated product testing on Australians”, while Prime Minister Anthony Albanese…
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Shetland spaceport project secures £30m of UK government investment
The UK government has announced £30m of investment in SaxaVord Spaceport in Shetland, part of a new national space strategy aimed at boosting Britain’s launch capabilities and reducing reliance on other countries for satellite launches. The funding, described by the spaceport as a “hugely significant” vote of confidence, is expected to unlock a further £30m…
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Secret warning to Jim Chalmers that negative gearing and capital gains tax changes will push up rents and drive down house prices is exposed
Treasury privately warned Australian Treasurer Jim Chalmers that the government’s changes to negative gearing and capital gains tax would push up rents and lower house prices, according to a Cabinet document obtained under freedom of information laws. The warning came ahead of the May budget, in which Labor scrapped negative gearing for new builds and…
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Canada’s retaliatory US tariffs take effect as trade dispute grows
Canada’s retaliatory tariffs on $20bn (£15.8bn) of American goods came into force at 12.01am on Tuesday, marking the culmination of a trade war that has increasingly spilled over into open diplomatic hostility between Donald Trump and Mark Carney. The measures, ranging from 15% to 50%, answered Trump’s own 50% tariff on Canadian goods imposed on…
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Europe’s fighter jet plans are in disarray. What happens next?
Europe’s push to jointly develop next-generation fighter jets has stalled after France and Germany scrapped their Future Combat Air System collaboration in June, undermining hopes—championed by Mario Draghi—that European nations could pool resources on defence rather than duplicating costly programmes. The collapse leaves France pressing ahead alone via Dassault Aviation, while Germany faces uncertainty over…
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Aussie student says he is ‘forced’ to live in car to study, reveals $10 daily food budget: ‘Rent has gone crazy’
A 26-year-old psychology student on Australia’s Gold Coast says he has been forced to live in his car in order to keep studying, after a sharp rent increase left him unable to afford housing on his government support payments. Jadon Lukas moved out of his share house in July after his rent rose by $80…