Burnham resists calls to reform student loans in Budget
Treasury select committee argues the repayment threshold should rise in line with inflation
Sunday Number 162: Numbers Puzzle
US High School Economics class: US government debt hits $40tn as borrowing rises at historic rate
National debt
School economics class: The best, worst and strangest ways AI is really being used at work
Behavioural Economics
School economics class: Protecting Tower of London views would make skyscrapers unviable, City warns
Basic Economic Problem
School IB economics. ‘People are going to get screwed’: Pennsylvania voters unite against data centres
Resources
School politics class: Republicans fear Trump has turned toxic on the campaign trail
US Presidency
Rivals Altman and Musk rally behind Dario Amodei’s call for an AI slowdown
Warring tech bosses unite behind warnings that humans could lose control of the technology
Larry Ellison cancels $7.5bn Oracle share sale
About-face comes a day after a filing revealed plans to sell up to 50mn shares by the end of October
Why the AI race has its creators fearing human extinction
Advances in autonomous agents and bitter rivalry between Anthropic and OpenAI have pushed once-fringe fears into the mainstream
India’s central bank tells Tata Sons to take conglomerate public
RBI rejects group’s appeal against forced listing, setting the stage for what could become India’s biggest IPO
Brics push for Gulf peace as war worries mount
India-China rapprochement faces obstacles over economic and geopolitical rivalry
Trump says united Ireland ‘inevitable’ and ‘a very cool thing’
Off-the-cuff remarks from US president during a visit to Ireland anger pro-UK parties
Reform UK receives two record £36mn donations
The combined £72mn gifts from crypto billionaires Ben Delo and Christopher Harborne are the largest donations in British political history
Can China’s Icicle woo global shoppers in a luxury downturn?
Cashmere brand wants more stores in Europe and the US after being backed by Gucci owner Kering
Saudi Arabia shuts East-West pipeline that bypasses Hormuz after attacks
Move is likely to put further momentum behind fast-rising oil prices
Canada seeks $1tn from investors looking for a haven from Trump
Prime Minister Mark Carney hosts a summit to put money behind his plan to decouple from an increasingly hostile US
The long shadow of quantitative easing
Central bank balance sheets will stay large
LIV Golf’s bleak future shifts to the courtroom
Also in today’s newsletter: Hyrox gets a power boost
Transcript: How to fix the finances of Gen Z
Claer Barrett speaks with Michael Taylor and financial content creators Abigail Foster, Tolani Abere, Oliver Gardner and Brian Byrnes
We are setting up a generation to fail at school
The disturbing global decline in test results rests on wrong-headed curriculum changes
Sweden’s election frontrunner faces tightening race
Social Democrat-led victory would offer rare respite for Europe’s centre-left, but its poll lead is narrowing
Why I, a non-billionaire, am not leaving the UK
If Britain is good enough for Harry and Meghan, the Bayeux Tapestry and Asian hornets, it’s good enough for me
Windshield megadeal could fix Europe’s broken IPO window
Belron is the sort of business that might help investors warm up to more deals