Latest in Starmer under fire amid row over Chagos deal cost
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Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - Jan. 9 -
Can Low Unemployment Last Under Trump?
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration could test that resilience.The New York Times - Jan. 9 -
Guantánamo Bay Explained: The Costs, the Captives and Why It’s Still Open
Just 15 men remain at the prison, down from hundreds when it opened 23 years ago. But the costly operation could go on for years.The New York Times - Jan. 9 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
The hole in Keir Starmer’s plan for the NHS
Also in this newsletter: demand for special educational needs provision doublesFinancial Times - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
Palisades Fire devastates communities amid call for additional help to contain wildfires
The Palisades Fire has devoured everything in its path, including some of the most exclusive and pricey neighborhoods in the U.S. It is now considered the most destructive fire in Los Angeles ...CBS News - Jan. 9 -
Liz Truss sends legal letter ordering Starmer to stop saying she crashed economy
‘Cease and desist’ letter accuses PM of harming her reputation and contributing to her losing her seat. UK politics live – latest updates Liz Truss has sent a legal letter to Keir Starmer ...The Guardian - Jan. 9 -
5 wildfires still burning around Los Angeles, over 100,000 under evacuation orders
Authorities are still trying to grapple with the most destructive wildfires in Los Angeles history. At least five people have been killed and more than 100,000 are under evacuation orders. CBS News ...CBS News - Jan. 9 -
Truss lawyers tell Starmer to stop saying she ‘crashed the economy’
Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenureFinancial Times - Jan. 9 -
California wildfire forecast: LA under critical fire risk with gusty winds forecast
High pressure is building from the north and that will help to tighten the pressure gradient over southern California, producing more gusty winds.ABC News - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
Catastrophes cost world $320bn in 2024, reinsurer reports
Losses rise by 30% as climate change takes its tollFinancial Times - Jan. 9 -
FirstFT: Elon Musk moves against Keir Starmer
Also in today’s newsletter, corporate borrowers rush to lock in loans and the growing interest in lunar spectrumFinancial Times - Jan. 9 -
Musk examines how to oust Starmer as UK premier before next election
Technology billionaire is interested in building support for another political party, notably Reform UKFinancial Times - Jan. 9 -
Biden postpones Italy trip amid raging Los Angeles fires
President Biden will no longer travel to Italy this weekend as fires rage in Los Angeles County, the White House said Wednesday. "After returning this evening from Los Angeles, where earlier today ...The Hill - Jan. 9 -
Celebrities share their stories of evacuation and loss amid devastating fires
Actor James Woods broke down in tears, saying 'I'm sorry, I thought I would be stronger than this," as he talked about evacuating. "One day you're swimming in the pool and the next day it's all ...CBS News - Jan. 8 -
Grounds of historic Villa de Leon caught in blaze amid Palisades Fire
Video captured the grounds of the Villa de Leon on fire. The historic mansion has been featured in many high-profile music videos and commercials. The mansion is located near the Getty Villa, an ...NBC News - Jan. 8 -
Biden offers support in LA County amid 'astounding' fires
President Biden on Wednesday viewed the damage from wildfires in Southern California and pledged his administration’s support for state and local officials and first responders battling the blazes. ...The Hill - Jan. 8 -
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Eaton Fire takes over entire Altadena blocks as flames spread
The Eaton Fire continues to grow in Altadena, California, as firefighters attempt to save homes and stop the fire's spread. CBS News Los Angeles' Joy Benedict is following the fire.CBS News - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Chris Mason: Is Starmer leaving the door open to an abuse inquiry?
There's anger about Elon Musk's interventions - but they have turbocharged a public conversation about child sexual abuse in the UK.BBC News - Jan. 8 -
WATCH: ABC TV reporter battles ‘vicious’ winds amid LA fires
Leanne Suter, of ABC News' Los Angeles station KABC, reports from the Eaton Fire in Southern California.ABC News - Jan. 8 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
Piers Morgan quits Rupert Murdoch’s News UK in deal over YouTube show
Broadcaster and journalist to take control of Piers Morgan Uncensored media brand in joint venture. Piers Morgan is leaving Rupert Murdoch’s media empire to take control of his Uncensored YouTube ...The Guardian - Jan. 8 -
UK offers to frontload payments in Chagos Islands talks
Officials are racing to conclude deal before Donald Trump takes office later this monthFinancial Times - Jan. 8 -
Watch: Smoke billows over LA as houses engulfed in fire
The blaze has been fuelled by fierce winds that are expected to reach up to 100mph (160km/h).BBC News - Jan. 8 -
Israel, Hezbollah Fighting Stretches a Cease-Fire Deal to the Limit
Both sides are accusing each other of violations as the deadline nears for Israeli troops to withdraw from Lebanon.The Wall Street Journal - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
'Unstoppable' and 'Wolf Man' premieres canceled amid Pacific Palisades fire, severe winds
The L.A. premieres for 'Unstoppable' and 'Wolf Man' were canceled Tuesday due to concerns over severe winds and the growing fire in Pacific Palisades.Los Angeles Times - Jan. 8 -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - Jan. 8 -
Parts of Los Angeles under evacuation as Palisades fire picks up due to high winds
LOS ANGELES — Two fires have ignited in the Los Angeles area Tuesday, including one dubbed the Palisades fire that exploded to more than 1,200 acres and has forced evacuations, as the area expects ...The Hill - Jan. 7 -
Navy faces steep shipbuilding costs
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Navy's plan to build more ships faces steep costs The Congressional ...The Hill - Jan. 7 -
NASA studies options to rein in cost of Mars Sample Return mission
NASA hopes a revised plan will get Mars samples back to Earth faster and cost less than the agency's original plan.CBS News - Jan. 7