Sarah Breeden, the Bank of England's Deputy Governor for Financial Stability, has stated that global stock markets are overvalued and due for a correction, citing numerous unaddressed risks to the world economy. Her remarks highlight concerns over inflated asset prices and the untested growth of the 'shadow banking' sector.
Over 100 EasyJet passengers missed a flight from Milan to Manchester due to significant delays at passport control, attributed to the European Union's new digital Entry-Exit System (EES). Travellers reported hours-long queues, with some resorting to costly alternative travel arrangements and describing the experience as a 'nightmare'.
The UK has revealed a 'covert' Russian submarine operation targeting vital undersea cables and pipelines north of Britain, prompting a stern warning to Moscow.
Thomas Partey, formerly of Arsenal, has pleaded not guilty to two additional charges of rape, bringing the total to seven counts of rape and one of sexual assault against four women. The trial could now be delayed until 2027.
