Former Fed chairs condemned a federal probe into Jerome Powell, warning it risks undermining central bank independence. Economists echoed the rebuke and flagged concerns over potential pressure on rate-setting. Donald Trump said he had no knowledge of the inquiry.

Brussels is seeking a “Farage clause” in a Brexit reset: any new UK–EU pact would include a financial penalty if a future government withdraws, including under pressure from Reform. The aim is a durable framework for trade and cooperation, reducing the scope for repeated renegotiation.

Iran has intensified its response to widespread unrest, alleging some protesters act for foreign interests. Authorities have imposed an internet blackout, expanded arrests and warned of severe penalties, as officials seek to reassert control and deter further demonstrations.

Downing Street plans a reset with Brussels that sidesteps financial services. City firms, citing post‑Brexit reforms and the scale of the UK market, resist closer alignment and prefer domestic rule‑making. Some warn uncertainty could grow, while ministers aim to deepen cooperation in other areas.