011 Modello 3

Half of England in serious drought

‘I get nostalgic for the tawny grass of home’

Support from Beijing has helped power 29% gain for Star 50 index this year

Also in this newsletter: equity investments skew towards risk

From Claudia Marín Aizpún, Madrid, Spain

From Rick Henderson, CEO, Homeless Link, the national membership charity for frontline homelessness organisations, London EC3, UK

From Dr Darren Mann, Military Surgeon and Medical Director, UK Sovereign Medevac Reserve, London SW10, UK

From Nick Goulder,

From Oliver Zinn, Laguna Beach, CA, US

From Ilhan Nebioglu, Publisher, Turkish Export Times, London SW1, UK

From Richard Ross, Chairman, Rosetrees CIO, London HA8, UK

Primary steel faces US tariffs of 50 per cent, rather than 25 per cent as incorrectly stated in an opinion article on August 12

US to impose up to 100% levies on unmanned aircraft and their components

British company among winners of offshore licence less than nine months after US toppled Caracas strongman

Blazes at several locations in the Midlands as temperatures reach 38.1C in London

Three carriages on the Southern Rail service are flipped on to their side

Also in today’s newsletter: Anthropic investors bet on $2tn valuation and Sanae Takaichi slams Vladimir Putin’s visit to disputed Pacific islands

Yields have jumped amid concerns over mounting public debt and persistently high inflation

US scrutiny of billionaire’s sprawling finance holdings reached beyond insurers into securities and asset management giant

European equities finally match US exuberance

Inspectors cited fewer flaws in the work of the biggest firms in latest accounting board survey

Franchises risk getting caught up in the disparate affairs of their financier owners

Andy Burnham has signalled plans for spending increases

Move echoes American Revolutionary War-era strategy of employing civilians to battle adversaries