Thursday briefing: The latest in the hunt for the missing Titan sub

In today’s newsletter: As the search intensifies, we look at the key developments – and controversy – around the lost submersible

Good morning. If it is still intact – and the five men inside are still alive – the missing Titan submersible is now down to its very last few hours of usable oxygen.

Since Sunday, when the tiny carbon fibre and titanium vessel first lost contact with its mothership somewhere close to the wreck of the Titanic, a frantic search has been under way, in the hopes that – somehow – a rescue from the cold extreme depths of the north Atlantic might be possible.

Mortgages | More than a million households across Britain are expected to lose at least 20% of their disposable incomes thanks to the surge in mortgage costs, the UK’s leading economics thinktank, the IFS, has warned. Labour has said if it were in power it would force banks to support borrowers, including letting them move on to interest-only mortgages and extending their repayment period.

Transport | The TransPennine Express train services are “worse rather than better” since transferring to the state-owned operator of last resort, according to the rail minister, Huw Merriman.

LGBTQ+ rights | Conservative MPs and peers are mainstreaming hostility to drag events, which are increasingly being targeted by extremist groups as part of a wider anti-LGBTQ+ narrative, a report says.

Politics | Labour will appoint a diversity tsar in the hope of encouraging more women, ethnic minorities and those from a working-class background to stand for office across all political levels and parties.

UK news | Police searching for Sophie Lambert, a 22-year-old woman who went missing from her home in Harrogate last Friday evening, have found a body in the River Nidd.

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Titanic sub: ‘We have to remain hopeful’, says US Coast Guard, as vessel thought to have less than 20 hours of oxygen left – live

Rescue team says every noise being tracked and analysed; ‘every possible effort’ being made to bring missing crew home, says Polar Prince co-owner

An oceanographer has told the BBC the underwater noises give hope that those on board are still alive.

“There are plenty of sound sources in the ocean, but it does give hope,” Simon Boxall, a senior lecturer in oceanography at the University of Southampton, told the World Service.

A Canadian military surveillance aircraft detected underwater noises as a massive search continued on Wednesday in a remote part of the North Atlantic for a submersible that vanished while taking five people down to the wreck of the Titanic.

A statement from the US Coast Guard did not elaborate on what rescuers believed the noises could be, though it offered a glimmer of hope for those lost abroad the Titan as estimates suggest as little as a day’s worth of oxygen could be left if the vessel is still functioning.

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Titanic sub search team still hearing underwater noises, says US Coast Guard

Sounds are ‘inconclusive’, says US Coast Guard captain, but focus of search relocated to that area

Search teams in the Atlantic trying to locate the missing Titan submersible said they were still hearing underwater “noises” on Wednesday, but added that the sounds were “inconclusive” and not confirmation the crew was still alive.

A US Coast Guard captain, Jamie Frederick, told a lunchtime briefing “several flights” of Canadian P3 aircraft had heard the noises, reported by several media outlets as “banging”, on Tuesday and Wednesday, and that the focus of the search was relocated to that area.

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Billionaires and the Titanic: the allure of extreme expeditions

The more adventurous of the world’s wealthiest take trips to the edge of space and Antarctica in their stride

The disappearance of the submersible en route to the wreck of the Titanic has highlighted the businesses that offer extreme expeditions – and their clienteles.

Among the five people on the missing Titan submersible are two billionaires – Hamish Harding, a 58-year-old businessman who made his fortune selling private jets and holds three Guinness world records for previous extremetrips, and the British-based Pakistani businessman Shahzada Dawood, 48, who is onboard with his 19-year-old son Suleman.

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Titanic sub: Joe Biden watching search closely as vessel’s oxygen supply dwindles – live

White House says US president is thinking of crew on missing vessel and their families as desperate search continues

No 10 has said the UK Foreign Office is in contact with the family of Hamish Harding, as the rescue operation for the tourist submersible off the coast of Canada continues.

The UK prime minister’s official spokesman said: “The FCDO are in contact with Hamish Harding’s family and the local authorities.

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Missing Titan sub’s air supply dwindling as search yields no results

Rescue teams race to find crew of the submersible Titan, which went missing during a dive to the wreck of the Titanic

US Coast Guard officials said on Tuesday afternoon that the crew of the submersible Titan, which went missing in the Atlantic during a dive to the wreck of the Titanic, had about 40 hours of breathable air remaining, if they are still alive.

Capt Jamie Frederick also told reporters at a media briefing that a massive sea and air search that began on Sunday night for the vessel and five men aboard, and which has so far covered 7,600 sq miles of a remote area of the ocean, had “not yielded any results”.

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