Regulators say removing ‘unnecessary burdens’ will save businesses about £2bn over 10 years

The UK is watering down rules introduced in the aftermath of the financial crisis that were designed to hold City bosses accountable for wrongdoing.

The plans, put forward by the financial industry’s two top regulators, the Bank of England and the Financial Conduct Authority (FCA), include a reduction in reporting for “lower-level misconduct” and would also free 140,000 managers from extra checks.

Aisha Zaman, 27, charged with two firearms offences after incident in city centre on Sunday

A 27-year-old woman has been charged over the shooting of a police officer in Nottingham.

Aisha Zaman, from the Hyson Green area of the city, has been charged with possession of a prohibited firearm and possession of that firearm with intent to commit an indictable offence.

Miatta Fahnbulleh says reference to ‘awkward’ interview was meant to be lighthearted and self-deprecating

The energy secretary has been forced to clarify that she backs Shabana Mahmood’s migration policy, after earlier joking that she had not been able to “lie” about supporting a key element of the changes.

Miatta Fahnbulleh made the original remarks to a journalists’ event in Westminster, referring to an “awkward” Sky News interview in which she repeatedly refused to say she was in favour of plans to make foreign workers wait 15 years to get permanent residency.

Stage show based on late singer reportedly set to feature her best-loved songs with involvement from her father Mitch

A musical based on Amy Winehouse is in development for London’s West End.

The project is still in early stages with Catherine Schreiber, a Tony award-winning producer (Cabaret, Rent), attached to the project, according to Variety. Casting is reported to currently be under way.

People near south Wales river were told to keep windows and doors shut after thousands of litres of kerosene from a GE Aerospace site got into the water

Oily slicks of kerosene still appeared to be leaking into the River Taff this week, several days after a breach of thousands of litres was spotted by members of the public.

The breach into the Welsh river was identified last Friday, after people reported strong chemical odours emanating from it. Natural Resources Wales (NRW) officers arrived on site soon afterwards to identify the source of the pollution and were assisted by the south Wales fire and rescue service, which placed absorbent mats and booms to contain as much kerosene as possible.

Far-right activist says he used private investigators to track down journalists but denies trying to intimidate them

The far-right activist Tommy Robinson has told his harassment trial that he used private investigators to track down journalists who had written about his alleged role in the 2024 riots, and had photographs taken of their homes “to put pressure” on them.

Robinson, whose real name is Stephen Yaxley-Lennon, denied in court that his actions, which included sharing photos of the wife and daughter of one of the journalists, were designed to intimidate and bully.

Defence secretary says Britain must manufacture at scale as Germany’s Rheinmetall opens Midlands factory

For the last 20 years, Britain was unable to put a barrel on its tanks without buying from abroad. Relying on foreign allies seemed like a reasonable choice during years of relative security (for wealthy countries at least) after the end of the cold war.

But Russia’s full-scale invasion of Ukraine in 2022 has changed the calculation – and prompted a scramble to rearm among European countries, including the UK.

Alleged victim told her parents and others about attack and was encouraged to go to police but she feared she would not be believed

A woman told her mother that Russell Brand had raped her and “didn’t stop even when she screamed out in pain”, a court has heard.

She also told a colleague she was “bleeding everywhere” and Brand shouted at her, saying: “Look what you’ve done to my fucking sheets.”

Exclusive: Sasan Ghandehari’s partnership with religious foundation raises questions about past dealings with republic criticised by Nigel Farage

Nigel Farage’s newest billionaire donor was in business with a powerful Iranian religious foundation under the authority of the country’s supreme leader, raising questions about his past dealings with the hardline republic.

Hossein Ghandehari, also called Sasan, was little known in the UK until he pledged to give millions to Reform UK this summer and donated £50,000 to Farage to cover the cost of two passes for the Davos World Economic Forum.

No 10 says Russian president ‘has killed thousands of people, both innocent Ukrainians and his own people’

Downing Street has rejected the description of Vladimir Putin as a “humanitarian” made by Donald Trump’s chief negotiator on the Ukraine war.

Steve Witkoff met the Russian president in St Petersburg on Wednesday as he sought to make a new push to end the invasion of Ukraine, with the US putting pressure on Kyiv to agree to a settlement.

The PM is heard having a long discussion about crisps in the trailer to the show, which is in aid of Stand Up To Cancer

From ranking his favourite crisps in the pub to complaining about people watching TikToks out loud on the train, Andy Burnham has made efforts to show he has the common touch.

Now he will become the first prime minister to appear on the TV show Gogglebox, in a special charity episode on Friday.

Other prizes at Freedom from Torture event include rare Mary Wollstonecraft book illustrated by William Blake

Margaret Atwood, Zadie Smith and Ian McEwan are among a number of literary stars auctioning off the chance for readers to name characters in their next novels to raise money for survivors of torture.

The auction is part of Freedom from Torture’s 10th anniversary literary festival, which brings together leading authors and survivors for a celebration of storytelling, featuring a poetry competition and live readings at the London Library on 11 November.

Be Ready campaign aims to prepare UK for impact of climate crisis, technological dependency and threats by hostile state

Every Briton is being urged to stock up to nine litres of bottled water and three days’ worth of food in new government guidance designed to ensure that households can survive a weather, cyber or other serious emergency.

The Be Ready campaign is aimed at persuading people to stock up with supplies to last 72 hours, amid growing official concern about the impact of the climate crisis, technological dependency and hostile state threats.

Charities say ‘tip of iceberg’ figures show government is not fulfilling pledge to halve violence against women and girls

Almost one in 10 adults in England and Wales have experienced domestic abuse in the last year, a survey from the Office for National Statistics (ONS) has found.

The Crime Survey for England and Wales (CSEW) found that 9.6% of people aged 16 and over had experienced domestic abuse in the last year – which equates to about 4.7 million people.

Age-related macular degeneration has also left actor, 91, unable to read or recognise faces any more

Judi Dench has said she can no longer perform on stage or in films because of her deteriorating eyesight, more than a decade after revealing she had been diagnosed with age-related macular degeneration.

“I can’t be on stage. I can’t do a play any more. I can’t do a film any more. I can’t read any more,” the 91-year-old actor told BBC Radio 4’s Today programme on Thursday.

Fears over lack of scrutiny for key sectors as health editor position also to go in cuts aimed at saving £5.5m

The BBC will no longer have a dedicated education editor as part of a cost-cutting drive in which 100 jobs are to go across BBC News under a plan that school leaders described as “deeply regrettable”.

BBC staff have been told that the roles of education editor and social affairs editor are to be combined into a single position as part of a round of changes that will save £5.5m. However, prominent unions and campaigners are saying the reform will dilute scrutiny of two specialisms that are too important to go without a dedicated BBC role.

Exclusive: British Chambers of Commerce president calls for overhaul of business rates and greater powers for local leaders

• How Middleton’s revival could inspire struggling towns

• What makes a good town? Here are five key ingredients

Andy Burnham has been urged by one of his most senior former advisers to tax internet sales more heavily than in-store purchases to help “level the playing field” for struggling high streets.

As the prime minister and his chancellor, John Healey, prepare for their first budget next week, Andy Haldane joined calls for action to stop more shops closing across the UK.

Turnaround initiated by Andy Burnham and led by Steve Coogan could provide blueprint for other neglected areas

• Save high street by taxing online sales at higher rate, Burnham urged

• What makes a good town? Here are five key ingredients

The former England footballer Paul Scholes and the actor Steve Coogan stare out from beside a fish and chip shop in Middleton, near Manchester. Looming over a mural of the pair – and the whole town – is an enormous former cotton mill that powered its economy a century ago.

The deafening looms and spindles of Warwick Mill fell silent decades ago, replaced in recent years by TikTok “urban explorers” who share videos of themselves crawling through its abandoned shell.

Supermarket urges government not to ‘further aggravate’ pressure on costs for businesses in next week’s budget

Sainsbury’s has warned of a “pretty challenging” market in the run-up to Christmas as households are “finding it tough” and food producers face rising costs.

Simon Roberts, the chief executive of the UK’s second biggest supermarket, called on the government not to “further aggravate” pressure on costs for business in this month’s budget. He said it was “important this government does not repeat what we have seen in previous budgets” in raising business rates and employers’ national insurance contributions. “That’s been really hard,” he said.

Each place, selected from longlist of nine, will be given £125,000 to develop bids before winner is announced in new year

Blackpool, Sheffield, Milton Keynes and Wrexham have been shortlisted to be the UK city of culture 2029, an award viewed as a way to boost local economies, foster civic pride and, above all, have some fun.

The four places were chosen from a longlist of nine and each will be given £125,000 to develop their bids before the winner is announced in the new year.