Chancellor to announce raft of deregulation changes as City regulators move to pare back transparency rules
Rachel Reeves will claim that cutting red tape for City firms will have trickle-down benefits for households across Britain, as she tries to drum up support for a new financial services strategy.
A raft of regulatory reforms are due to be announced by the chancellor on Tuesday, in what the Treasury says will be the “biggest financial regulation reforms in a decade”. It will come before her Mansion House address to City bosses during a dinner at Guildhall in London on Tuesday evening.
UK Biobank project to share 1bn images of organs, blood vessels and bones to help study ageing and ill health
Scientists expect to gain unprecedented insights into human ageing and the earliest signs of disease after scanning 100,000 people from head to toe in the world’s largest whole body imaging project.
The completion of the decade-long task means qualifying researchers worldwide will have access to 1bn de-identified images of the hearts, brains, abdomens, blood vessels, bones and joints of volunteers alongside medical histories and rich data on their genetic makeup, health and lifestyle.
Gregg Wallace report upheld allegation against fellow presenter who says he has no recollection of incident
The MasterChef presenter John Torode has said he was the subject of an allegation of using racist language that was upheld as part of an inquiry into the behaviour of co-presenter Gregg Wallace.
Former governor lost the Democratic primary to Zohran Mamdani by more than 12 points last month
Andrew Cuomo, the former New York governor, said on Monday that he will run as an independent in New York City’s mayoral race, after losing in the Democratic primary to Zohran Mamdani.
Many saw Cuomo as the favorite in the primary, but he ultimately lost to Mamdani, a current member of the New York state assembly, by more than 12 points.
Third Test, day three: Australia 225 and 121; West Indies 143 and 27
Australia wrap up 176-run victory and claim 3-0 series sweep
Mitchell Starc has produced one of the all-time great bowling spells and Scott Boland taken a hat-trick as Australia bowled West Indies out for 27 to win the third Test.
On a historic day in Jamaica, Australia’s quicks ran riot to wrap up a 176-run victory and claim a 3-0 series sweep of the Frank Worrell Trophy.
Bob Becker of Fort Lauderdale finished the Badwater 135 ultramarathon held in California’s sweltering Death Valley
An 80-year-older runner has made history as the oldest person to complete the Badwater 135, nicknamed “the world’s toughest foot race”.
Last week, Bob Becker of Fort Lauderdale, Florida, became one of 93 people to complete the ultramarathon course – which covers 135 miles, beginning 282 feet below sea level in California’s sweltering Death Valley and climbing to 8,360 feet at the trailhead to Mt Whitney, the highest point in the contiguous United States.
Samuel Bond Haskell, whose father represented major stars, was charged with dismembering his wife and killing her parents
A California man who was charged with murdering and dismembering his wife and her parents in the home they shared in the Los Angeles suburbs, then dumping his wife’s remains into a garbage bag, has died by suicide in jail, the Los Angeles county district attorney confirmed on Monday.
Samuel Bond Haskell IV, 37, was arrested in November 2023 and charged with the murders of his wife, Mei Haskell, her mother, Yanxiang Wang, and her stepfather, Gaoshan Li. Haskell pleaded not guilty to the three murder counts in January 2024 and was being held without bail pending trial. He was facing a sentence of life in prison with no parole.
Star’s team members reported music, concert visuals and future setlists taken from vehicle ahead of Atlanta shows
Beyoncé’s choreographer and one of her dancers for the Cowboy Carter tour told police that thieves broke into their vehicle and stole numerous items, including jump drives full of unreleased music, footage for her upcoming shows and past and future setlists.
The alleged robbery, first reported by Channel 2 in Atlanta, occurred less than 48 hours before the singer kicked off a four-show residence at the city’s Mercedes-Benz Stadium.
Bongino appears to be on course to be the Trump administration’s first casualty of the Epstein files fallout
The future of the deputy FBI director, Dan Bongino, is unclear after he stormed out of a meeting with Pam Bondi, the attorney general, and told friends he was considering quitting over the controversy surrounding Jeffrey Epstein.
Bongino, a former New York police officer and Secret Service agent who helped protect George W Bush and Barack Obama, appears on course to be the Trump administration’s first casualty of the Epstein fallout, which is threatening to split the “Make America great again” (Maga) movement
Politicians in Kyiv have welcomed Donald Trump’s announcement that billions of dollars worth of US military equipment will be sent to Ukraine, while officials in Moscow dismissed his threat of sanctions against Russia as hot air.
In a meeting with the Nato secretary general, Mark Rutte, at the White House, Trump said the US would send Patriot anti-aircraft batteries and interceptor missiles, paid for by European allies.
The England captain can realistically set his sights on winning the series against India, then the Ashes
“I’m not tired. I’m not tired. I’m not tired.” Really, Ben? Really? Well, you’re pretty much on your own in that case old boy, after a day where simply watching Ben Stokes being Ben Stokes felt like a full contact sport, psychodrama, soap opera, and in its stickiest moments like a man engaged in an act of public self‑medication by Test cricket.
This fifth day at Lord’s was entirely dominated by Stokes, who loomed over it like the angel of the north, arms outspread, another note in his own extraordinary sporting life. It was shortly after midday that Stokes came running through at the end of his eighth successive over from the Nursery End to talk to the batter Nitish Kumar Reddy, to tell him, specially, that he wasn’t tired – hyped and pumped, eyes boggled, drawing boos from the largely Indian crowd.
The adult leader of Camp Mystic, the Texas summer camp where 27 children and counselors died in the Hill Country floods, waited more than an hour after receiving a severe flood warning before initiating an evacuation, it was disclosed on Monday.
Richard “Dick” Eastland, who had run the popular all-girls, Christian-values sleepaway camp on the banks of the Guadalupe River with his family since the 1980s, was among the fatalities after a wall of water rushed through the camp early on 4 July.
US president Donald Trump has claimed that the Club World Cup trophy that has featured prominently in the Oval Office will stay there, and that Fifa made a copy of the trophy that was awarded to Chelsea after their win in the tournament’s final on Sunday.
Trump attended the final along with numerous members of his cabinet and Fifa president Gianni Infantino. The pair of presidents jointly presented the trophy to Chelsea captain Reece James, with Trump staying front-and-center despite the apparent confusion of Chelsea players and the pleading of Infantino.
Military opposed to Gaza ‘humanitarian city’ plan, which a former Israeli PM has likened to a concentration camp
A feud has broken between the Israeli government and the military over the cost and impact of a planned camp for Palestinians in southern Gaza, as politicians criticised the former prime minister Ehud Olmert for warning that the project would create a “concentration camp” if it goes ahead.
The “humanitarian city” project has become a sticking point in ceasefire talks with Hamas. Israel wants to keep troops stationed across significant parts of Gaza, including the ruins of Rafah city in the south, where the defence minister, Israel Katz, says the camp will be built.
US president says he will supply Kyiv with billions of dollars of military equipment paid for by European allies
Donald Trump said he has sealed an agreement with Nato allies that will lead to large-scale arms deliveries to Ukraine, including Patriot missiles, and warned Russia that it will face severe sanctions if Moscow does not make peace within 50 days.
After a meeting with the Nato secretary general, Mark Rutte, Trump said they had agreed “a very big deal”, in which “billions of dollars’ worth of military equipment is going to be purchased from the United States, going to Nato … And that’s going to be quickly distributed to the battlefield.”
We’ve fled the attacks again and again. Now Israel plans to force us into the ruins of Rafah in order to increase pressure on Hamas
After 21 months of war, the Israeli minister of defence, Israel Katz, has proposed a new initiative to force all Palestinians in Gaza into a camp on the ruins of Rafah.
I lived west of Gaza city, just five minutes away from the beach. I used to see the waves from the roof of our house. The area was marvellous, with luxury architecture, hotels and tourist resorts.
Nour Abo Aisha is a freelance writer based in Gaza
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The energy secretary framed environmental action as practical and patriotic, not in terms of wordy ideological pieties. But holding the line won’t be easy
Ed Miliband is a target for the political right; not because he’s irrelevant, but because he’s effective. The bacon sandwich gags and “Red Ed” jokes mask a deeper unease: that Mr Miliband, with his dogged insistence on science, public investment and long-term thinking, is right. Now, as energy secretary, he has delivered what he calls an exercise in “radical truth-telling” and a stark warning to MPs that rejecting climate action is a betrayal of future generations. The language, for once, isn’t overblown. It’s belated.
By highlighting the Met Office’s annual State of the UK Climate report, Mr Miliband shows that the hotter, wetter and more arduous future we feared has already arrived. Extremes are becoming the norm: the number of very hot days has quadrupled; in the last 250 years, six of the 10 wettest winter half-years have occurred in the 21st century. Britons experience this in cancelled hospital appointments, flooded homes and hosepipe bans.
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A renewed threat of punitive tariffs from the White House is a reminder that the EU must invest in its own values in a volatile and transforming world
As the world has grown used to Donald Trump delivering aggressive ultimatums that are then revised or watered down, the shock-and-awe effect of a presidential edict on Truth Social has somewhat diminished. On Saturday, Mr Trump unexpectedly announced that the United States would hit the European Union with swingeing tariffs on goods of 30% from 1 August. That certainly prompted urgent weekend discussions in Brussels, Paris and Berlin. But for now, the European Commission president, Ursula von der Leyen, is placing all countermeasures on hold, in the hope that what the German chancellor, Friedrich Merz, described as “reasonable solutions” can be found.
Given the stakes, betting on the success of a softly, softly approach to trade negotiations remains sensible. Mr Trump’s previous imposition of 25% tariffs on European carmakers (on top of the pre-existing 2.5% rate) has already panicked German manufacturers in particular. But the president’s attempts to further batter Europe into economic submission, risking a trade war with an ally and threatening an annual €1.7tn worth of commercial activity, would be likely to trigger another market backlash if taken to the brink.
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India broke a golden rule in the third Test: don’t try to pick a fight with Ben Stokes
There was a large handwritten sign propped against the inside wall of the North Gate of Lord’s. “In affectionate remembrance of Bazball,” it said, the letters drawn in the bacon‑and-egg colours of an MCC tie, “which died at Lord’s on 10 July, 2025. RIP.” The stewards must have taken it off one of the Indian fans who hadn’t read the small print on his fifth-day ticket. Lord’s being the place it is, instead of stuffing it into a bin, they had put it aside and popped an item ticket on the top corner in case the writer wanted to pick it up on his way back out of the ground.
It was still there six hours later, waiting for someone to reclaim it at the end of one of the great Tests.
The IBF champion on flying under the radar, Oleksandr Usyk’s weaknesses and how past defeats have steeled him
“It’s definitely the biggest fight of my life,” Daniel Dubois says of his world heavyweight title unification bout against Oleksandr Usyk at Wembley Stadium on Saturday night before, following a slightly deflated pause, he highlights an unusually downbeat buildup. “It’s strange but it feels like it’s been going under the cover, like it hasn’t been really hyped‑up as I would have thought a unification fight will be. But maybe that will pick up on the night.”
Sitting in the July sunshine outside his gym in Borehamwood, with the Wembley arch clearly visible through the haze of heat, Dubois looks a little hurt when I ask if he can explain why there has been such limited fanfare around an interesting rematch between two contrasting heavyweights who own all the world titles between them. “I’m not sure,” Dubois says in his role as the IBF champion. He then laughs ruefully.
Aggressive, motivated, extremely talented and now champions of the world, Enzo Maresca’s squad have the confidence and real depth
When Chelsea won the Conference League in May, a victory secured by the standard ice‑cold Cole Palmer performance in a final, the reaction was restrained and there was no internal talk of an impending title challenge. Now the vibe is different. It is hard not to dream when Chelsea perform as they did against Paris Saint‑Germain in the final of the Club World Cup.
Nobody is getting carried away. Chelsea know what the rest of us know, which is that they are not the best team in the world. They are not the finished article. They are young and still have much to learn. Yet there is a gold badge on the shirt for the next four years and if Chelsea woke up feeling $100m on Monday morning it will not only have been because of the prize money made during their month in the US.
Centre-back wary of Thursday’s quarter-final opponents
Williamson feels Swedish side deserve more respect
The England captain, Leah Williamson, has said Sweden deserve more respect and that their strong record at major tournaments should be spoken about more frequently, as the two sides prepare to meet in Thursday’s Euro 2025 quarter-final.
Sweden have reached the knockout stages of every Women’s European Championship since 1995 and have been in the semi-finals at three of the past five Euros. They have also finished third in the past two World Cups and claimed silver medals at both the Rio and Tokyo Olympics.
Donald Trump managed something unusual last week. In his administration’s claim that it did not have a list of Jeffrey Epstein’s alleged clients, and that the convicted sex offender was not murdered, it succeeded in upsetting the rightwing influencers and commentators – and reportedly even Trump’s deputy FBI director – people who typically champion his every move.
“This stinks. This just reeks,” was the verdict of Jesse Watters, the primetime Fox News host.
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