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Chancellor Considers Banking Tax Hike Amid Budget Revenue Hunt
Politics and Public Affairs

Chancellor Considers Banking Tax Hike Amid Budget Revenue Hunt

The Chancellor of the Exchequer, John Healey, is reportedly considering a significant tax increase on the banking sector's profits as part of an upcoming Budget, amid calls from trade unions to ensure financial institutions pay their "fair share". The move comes as the government seeks to raise revenue and manage a growing budget deficit, exacerbated by rising borrowing costs.

16 October 2026
US Authorities Probe 'Suspicious Substances' Sent to Election Offices, Senators
Politics and Public Affairs

US Authorities Probe 'Suspicious Substances' Sent to Election Offices, Senators

Federal authorities in the US are investigating 'potentially hazardous' letters containing 'suspicious substances' sent to congressional and state election offices, just weeks before crucial midterm elections. The FBI and USPIS are tracing the mailings, which have targeted multiple senators and election departments across several states.

16 October 2026
Zelensky Says Russia Continued Strikes Despite Trump's 'Energy Ceasefire' Announcement
World News

Zelensky Says Russia Continued Strikes Despite Trump's 'Energy Ceasefire' Announcement

Ukrainian President Volodymyr Zelensky has stated that Russian forces maintained strikes on energy infrastructure, including a power plant in Kharkiv, on Sunday, despite US President Donald Trump's earlier announcement of an "energy ceasefire" between the warring nations. Mr Zelensky added that Ukraine would support a truce over vital infrastructure strikes, provided Russia reciprocated.

12 October 2026