Davey says far right in Britain now better funded and supported than in the past – UK politics live

Lib Dem leader tells party conference that ‘something big and dangerous is happening in our country’

If Andy Burnham wanted to inject some edge into his meeting with Donald Trump later (which he doesn’t), he could bring along a copy of today’s Financial Times. This front page headline speaks for itself.

Mortgages ‘on the front line’ as Iran war deals £840 blow to homeowners

British homeowners are paying an average of £840 a year more when they refinance their mortgages, as the rising borrowing costs triggered by the Iran war start to impact consumers’ spending power.

Approximately 1m households have rolled off fixed-rate mortgage deals since February, according to Bank of England data.

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UK borrows £18bn in August, putting pressure on Healey before budget

Some economists say it is now ‘inevitable’ that chancellor will need to raise taxes in the budget next month

The UK government borrowed a higher-than-expected £18.3bn last month, increasing the pressure on John Healey as he attempts to calm jittery bond markets before next month’s budget.

Some economists said it was “inevitable” that the chancellor would need to raise taxes on 28 October if he is to meet demands for extra spending on defence without further borrowing investors on international money markets.

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Up to 169 killed in Yemen as Houthis battle for strategic Red Sea heights

Thousands flee fighting as Iran-aligned group seeks to consolidate territorial gains against Saudi-backed government forces

As many as 169 people have been reportedly killed in Yemen in the last three days as Iran-aligned Houthis battle Saudi-backed government forces for control of strategic heights on the Red Sea coast, while thousands flee the violence.

Houthi military officials said at least 118 people had been killed in clashes, as well as Saudi air and artillery strikes on Taiz, al-Jawf, Marib and Saada provinces since Sunday, Agence France-Presse reported. Yemeni government sources have said at least 36 people have been killed on their side of the conflict.

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‘The fault lines in our world are widening’, António Guterres warns as world leaders gather for UN General Assembly – live updates

The UN secretary-general said the world must work together to solve problems in final major assembly address as secretary general

Tehran appears to have relaxed its preconditions for reopening the strait of Hormuz, saying it is prepared to do so within seven days so long as the US takes reciprocal steps to ease the pressure on Iran.

Previously Iran had set seven onerous pre-conditions for lifting the blockade including “an end to war on all fronts” and a commitment by the US to cease all aggressive actions against Iran including sanctions.

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Court quashes 1976 convictions over link to corrupt London police officer

Christopher Poulter and Kevin Biggs, who died in 2004, exonerated of mailbag theft after new evidence emerged

Two men have had theft convictions quashed at the court of appeal half a century after they were wrongfully arrested because of a corrupt police officer, although one did not live to see his exoneration.

Christopher Poulter and Kevin Biggs were 21 and 18 respectively when they were convicted in 1976 of taking 13 mailbags from a wagon in Clapham goods yard in London.

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British banks warned not to invest in planned Israeli settlement before UK trade ban begins

MPs send out letter as Israeli government seeks bids for construction of large E1 settlement in West Bank

British banks and financial institutions are receiving written warnings from MPs that they should not invest in Israel’s E1 settlement project even though new UK laws banning trade with illegal settlements are unlikely to be in place for months.

A letter was sent to banks on Tuesday by the all-party Britain-Palestine group of MPs saying the onus was now on banks to review their obligations not to cooperate with new settlements.

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High-mileage electric cars are more reliable than petrol ones, study finds

EVs with 90,000 to 120,000 miles on the clock are more likely to pass MOTs than petrol models of the same age

Motorists buying a secondhand car with a lot of miles on the clock are likely to find an electric vehicle (EV) ultimately more reliable than a petrol vehicle, according to a study.

An analysis of 47.4m MOT tests found that after cars were driven 90,000 to 120,000 miles, EVs were about 25% less likely to fail than petrol models of the same age (based on a failure rate of 16.5% versus 22.1%).

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Death of 27-year-old Presley Gerber being investigated as suspected overdose

Son of supermodel Cindy Crawford and entrepreneur Rande Gerber died at a rehabilitation facility

The death on Sunday of Presley Gerber, the 27-year-old son of supermodel Cindy Crawford and entrepreneur Rande Gerber, is being investigated as a suspected overdose, according to police.

Gerber died at a rehabilitation facility, Los Angeles county medical examiner records show. An autopsy was performed, but more testing was required before investigators could give a cause of death for Gerber, which the medical examiner did not immediately do.

The Associated Press contributed

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