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UK PM rejects regime change in Iran strikes

For nearly 48 hours, the UK government struggled to clearly explain its stance on the US and Israel’s recent strikes on Iran. While the defence and foreign secretaries offered cautious statements, it was the Prime Minister who gave a direct answer in the Commons, saying the government “does not believe in regime change from the skies.” He also made clear his disagreement with President Donald Trump, marking a significant and high-profile divergence. Sir Keir Starmer spent over two hours responding to MPs’ questions, expressing that he viewed the US and Israeli actions as wrong and potentially unlawful. Yet he maintained that authorising the US to use UK airbases to target Iranian missile sites was both justified and lawful to protect British allies in the Gulf. References to the Iraq war were frequent, with the Prime Minister noting its lessons when […]

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UK inflation steady at 3.8% as BoE set to hold rates

UK inflation remained unchanged at 3.8% in August, according to the Office for National Statistics (ONS), matching July’s figure and analysts’ expectations. The data comes just ahead of the Bank of England’s policy meeting on Thursday, where markets widely expect the central bank to hold interest rates at 4% after cutting them last month to their lowest in 2.5 years. The BoE has forecast inflation to peak at 4% in September, double its 2% target, suggesting a “higher-for-longer” rate environment. Lindsay James, investment strategist at Quilter, said the figures “will keep pressure on households already contending with elevated living costs and on businesses facing squeezed demand.” The ONS noted that airfares fell in August after a sharp July jump, but petrol, diesel and food prices continued to climb. The government is also battling weak growth and jobs concerns. Official data […]

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