Prime Minister Andy Burnham has rejected proposals for regional mayors to offer income tax rebates, insisting that any devolved tax revenues should be reinvested into communities. This stance places him at odds with some Conservative mayors, including Lord Houchen of Tees Valley, who advocates for a local tax cut.
A US special forces soldier, Gannon Ken Van Dyke, faces charges for allegedly using classified information to bet on the removal of Venezuela's former leader, Nicolas Maduro, winning over $409,000 on a crypto-powered platform.
Sarah Breeden, Deputy Governor for Financial Stability at the Bank of England, has stated that global stock markets, currently at all-time highs, are likely to fall due to an underestimation of economic risks. Breeden highlighted potential vulnerabilities in private credit markets and the valuation of AI technology companies.
