FTSE 100 hits record as interest rate hopes push down UK borrowing costs

Nearly every share on index rose after fall in value of pound helped multinationals listed in London

The UK’s blue-chip stock index has hit a record high, as hopes of interest rate cuts this year drove down government borrowing costs.

Almost every share on the FTSE 100 rose on Friday, the fall in the value of the pound bolstering multinationals listed in London and propelling the index above 8,500 points for the first time.

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Robots, drones and uncrewed vessels ‘likely to be default’ in future Royal Navy

UK defence chiefs see no need to recruit extra sailors as maritime force will become hybrid with uncrewed systems

The Royal Navy of the future will be dominated by robots, drones and uncrewed vessels, leading chiefs to conclude there is no need to try to recruit extra sailors as part of the forthcoming defence review.

Adm Sir Ben Key, the first sea lord, believes the navy has to focus on recruitment and retention rather than seeking more personnel numbers because crew sizes are inevitably falling as military technology evolves.

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UK mortgage rules could be eased to increase growth

FCA also aims to change law to try to prevent a repeat of mass compensation schemes for consumers such as PPI

Mortgage rules could be loosened by the City regulator as it comes under government pressure to increase economic growth and home ownership across the UK.

The move to “simplify responsible lending” for property purchases is part of a range of proposals put forward by the Financial Conduct Authority in an attempt to prove that the watchdog is not standing in the way of the Labour cabinet’s “growth mission”.

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Police in London urge public to use different pins for gym and bank cards

Criminals stealing hundreds of pounds by snooping locker codes and using them to access accounts with same pin

Police have urged the public to use different pin codes at the gym after a prolific thief stole hundreds of pounds from a man he snooped on while entering a locker code that he also used for his bank card.

Last September Declan Murphy, 35, secretly watched the victim as he typed in a locker code at a luxury central London gym. After stealing the victim’s phone and bank card from the locker, Murphy then successfully guessed that the four-digit code on the card would be the same as the locker code.

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Trump v Bannon, Musk v Farage: who hates who in Magaland

The feuds and rivalries within the US president-elect’s Maga ecosystem – including some British sympathisers

The task of deconstructing the internal manoeuvrings of the leadership of the Soviet Union was once regarded as little short of a science such was the paucity of information. Today, the court of Donald Trump is perhaps no less enigmatic – but for quite different reasons. Trumpologists trying to keep up with the machinations of the Make America Great Again (Maga) movement and its sympathisers in Britain are faced with a torrent of information via social media posts and podcast rants. Sworn enemies today can easily be the closest of conspirators tomorrow. Steve Bannon has let it be known that he intends to bring down fellow Trump acolyte Elon Musk in time for inauguration day (with days to go). It is no easy task to make sense of it all but here is what we know of the current feuds and rivalries in the Maga ecosystem:

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Jimmy Mizen’s killer recalled to prison after breaching licence conditions

Jake Fahri served 14 years in jail for the murder of the London schoolboy

A rapper who served 14 years in jail for the murder of a London schoolboy has been recalled to prison for breaching his licence conditions after media reports exposing the lyrics to his music.

Jake Fahri, then 19, was given a life sentence in 2009 with a minimum term of 14 years for killing Jimmy Mizen by throwing an oven dish at him. The glass dish shattered and severed blood vessels in the 16-year-old’s neck in a south London bakery.

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Minister denies Labour ‘governing by social media’ after new grooming gangs review ordered – UK politics live

Lisa Nandy defends Yvette Cooper’s decision to order urgent review following pressure driven by Elon Musk

A ban on UK employers using non-disclosure agreements to hush up cases of sexual misconduct and harassment is being considered as part of the government’s overhaul of employment rights.

After a slew of high-profile cases and years of campaigning by activists, it is understood that ministers are prepared to back a change in the law to prohibit the misuse of gagging clauses.

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Labour considering ban on use of NDAs to hush up sexual misconduct at work

Ministers prepared to back change in law to prohibit misuse of gagging clauses by employers, it is understood

A ban on UK employers using non-disclosure agreements to hush up cases of sexual misconduct and harassment is being considered as part of the government’s overhaul of employment rights.

After a slew of high-profile cases and years of campaigning by activists, it is understood that ministers are prepared to back a change in the law to prohibit the misuse of gagging clauses.

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Apple suspends AI-generated news alert service after BBC complaint

Inaccurate notices branded with broadcaster’s logo sent to iPhone users but tech firm works on improvements

Apple is suspending an artificial intelligence feature that made inaccurate summaries of news headlines.

The tech company received a complaint from the BBC after the AI-generated service issued a news alert branded with the corporation’s logo falsely telling some iPhone users that Luigi Mangione, who is accused of killing the UnitedHealthcare chief executive, Brian Thompson, had shot himself.

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Joan Plowright, celebrated star of stage and screen, dies aged 95

Actor helped shape British postwar theatre through her performances at the Royal Court, National Theatre and in the West End

Michael Billington: Plowright was a dynamic force
Joan Plowright: a life in pictures

The actor Joan Plowright, who was celebrated for her long career in theatre and film, has died at the age of 95, her family have announced.

Plowright won acclaim for performances during the early years of the English Stage Company at the Royal Court and the National Theatre when it was based at the Old Vic and led by her second husband, Laurence Olivier.

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UK TikTokers say goodbye to US followers as ban looms: ‘It’s a really beautiful community’

British content creators, who may lose a big chunk of their audiences, say they see the app as a gateway to Americans

If TikTok disappears from the US, it won’t just be its 170 million American users who will lose out.

British TikTokers and business owners have told the Guardian they will also lose a sizeable chunk of their audiences after a ban. The video app has become a key gateway to Americans for the UK’s online video creators, who make a living from accruing views and making sponsored content deals. With the ban scheduled to go into effect on Sunday, a US-sized hole will appear in the global userbase.

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Colombian tree frog found by Sheffield florist highlights invasive species threat

Scientists say frog’s journey shows difficulty of spotting insects or fungi spread by global plant trade

A tiny tree frog hitchhiking in a bunch of roses to Sheffield from Colombia has inspired a study into invasive species reaching the UK’s shores.

Dr Silviu Petrovan, a researcher in the University of Cambridge’s zoology department and a senior author of a paper published today in the journal BioScience, had his interest piqued when he was asked to identify a live frog found in roses in a florist’s shop in Sheffield.

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Elon Musk’s attempts to sway German and UK politics thought ‘unacceptable’ – poll

Exclusive: Majority polled by YouGov viewed billionaire negatively – except among Reform UK and AfD voters

Most people in the UK and Germany consider Elon Musk’s efforts to influence their national politics unacceptable and believe the US tech magnate does not know much about either country or the issues they face, a poll has shown.

The survey, by YouGov, follows a spate of hostile statements by the billionaire owner of Tesla, SpaceX and the social media platform X attacking the British prime minister, Keir Starmer, the German chancellor, Olaf Scholz, and their respective governments.

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Transatlantic slavery’s role in shaping Manchester to be explored in exhibition

Joint project between Guardian and city’s Science and Industry Museum will open in early 2027

The role transatlantic enslavement played in shaping Manchester is at the heart of a new exhibition developed in partnership by the Guardian and the city’s Science and Industry Museum.

The exhibition is the first time the museum, which tells the story of Manchester’s transformation into the world’s first industrial city, has put the links between enslaved African people, cotton and the city at the centre of a display.

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UK to back Ukraine ‘beyond this terrible war’ with 100-year pact, says Starmer

PM visits Kyiv to agree partnership and says Putin shows no signs of wanting to stop ‘unrelenting aggression’

Keir Starmer has announced a “historic” 100-year partnership with Ukraine, saying the UK would support the country “beyond this terrible war” and into a future where it is “free and thriving again”.

Speaking during his first trip to Kyiv as prime minister, Starmer said the unprecedented agreement reflected the “huge affection between our two nations”. He added that “right now Putin shows no signs of wanting to stop” his “unrelenting aggression”.

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Labour’s pivot on grooming gangs may not be enough to silence critics

Yvette Cooper’s unveiling of a rapid review of evidence, after week of arguments against new inquiry, has already been called inadequate

When is a U-turn not officially a U-turn? When it is less a change of direction than one of speed and extent. And on those terms, the announcement of a review into grooming gangs is Keir Starmer’s second such policy shuffle this week alone.

On Tuesday, the Treasury minister, Tulip Siddiq, departed over her links to much-disputed claims of family corruption centred on her aunt, the former president of Bangladesh. Downing Street had insisted for days that the facts must first be established.

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‘She stood up for her friend’: caring teenager’s death shocked Croydon

Elianne Andam was stabbed to death by friend’s ex-boyfriend Hassan Sentamu after dispute outside shopping centre

Elianne Andam was known, above all, for her caring nature. During her memorial service, her father recounted an evening when she found six snails flushed out on the pavement due to the rain. She picked up the “slimy creatures” and moved them out of harm’s way so they would not die prematurely. “Oh, the irony,” her father said.

On 27 September 2023, Andam stood up for her friend, who had recently broken up with her boyfriend. They met Hassan Sentamu, who was 17 at the time, to exchange items. Her friend handed a bag to Sentamu but he failed to hand over her items, including a teddy bear she wanted back.

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Killer of teenager Jimmy Mizen is now rapper promoted by BBC, reports say

Parents of murdered schoolboy say prison rehabilitation does not seem to have made any difference to Jake Fahri

The parents of murdered schoolboy Jimmy Mizen have said prison does not “seem to have made a blind bit of difference” to their son’s killer, who is reportedly now a rapper whose songs have been promoted by the BBC.

Jake Fahri, then 19, was given a life sentence in 2009 with a minimum term of 14 years for killing Mizen by throwing an oven dish at him. The glass dish shattered and severed blood vessels in the 16-year-old’s neck in a south London bakery.

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Britain must build own vaccine manufacturing capability, says Matt Hancock

Former health secretary told Covid inquiry an onshore facility was ‘critical’ in preparation for future pandemic

Britain must build its own vaccine manufacturing capability as a “critical” part of preparing for a future pandemic, the former health secretary Matt Hancock has told the Covid inquiry.

Hancock, a central figure in the UK’s response to the crisis, said the pandemic demonstrated the “vital need” for a sovereign onshore facility to ensure the country was able to produce and distribute vaccine doses as soon as regulators gave the green light.

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KemiKaze’s ‘relaunch’ speech reveals a Tory leader already out of ideas | John Crace

Kemi Badenoch says she’s sorry not sorry for the mess left by 14 years of the Tories, but offers no clue of how to dig us out of it

Seeing is not always believing. Fair to say that Kemi Badenoch’s time as leader of the Tory party has not got off to the best of starts. Hopeless at prime minister’s questions and seemingly already out of ideas, many in the party are already looking around for possible successors. Even Robert Jenrick. Things really are that desperate.

Even so, 10 weeks in feels a little premature for a relaunch. If that’s what it was. Hard to know really as no one was much the wiser after Kemi had finished what had been billed as an “important” speech at the Institute of Directors in central London. No one does pointlessness quite like KemiKaze. She is the queen of futility.

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