Shrinking herds and rising costs: The beef market is in turmoil - and inflation is spiralling

Chancellor Rachel Reeves is exploring options to cut household energy bills in response to rising inflation, which is projected to hit 4%. This move is significant as it aims to alleviate financial pressure on families, making essential services more affordable during challenging economic times.

Starting in 2026, university tuition fees in England are set to rise annually in line with inflation, as confirmed by Bridget Phillipson. This decision raises concerns about the affordability of higher education for students and their families, potentially leading to increased financial strain and limiting access to university for many.

Lufthansa has announced it will cut over 100 weekly domestic flights due to a significant increase in state-imposed costs since 2019. This decision highlights the ongoing challenges faced by airlines in managing operational expenses, which can ultimately affect travelers and the aviation industry as a whole. With rising costs, passengers may experience reduced options and potential disruptions in their travel plans.

Aaron Mahan, a longtime server in Las Vegas, is feeling the pinch as inflation and former President Trump's aggressive policies deter tourists. This 'Trump slump' is not just a political issue; it's impacting the livelihoods of those who rely on tourism, highlighting the broader economic challenges facing the city.

Israel has confirmed the identification of the remains of two hostages, Aryeh Zalmanovich and Master Sergeant Tamir Adar, returned by Hamas. This development marks a significant moment as it brings the total number of deceased Israeli hostages returned to 15 out of 28. The recovery of these remains is a crucial step for the families involved and highlights ongoing efforts to address the complex situation surrounding hostages.

Sydney is experiencing a dramatic temperature rise of 10 degrees Celsius in just 90 minutes, prompting severe weather warnings across three states, including Melbourne and Victoria. This extreme weather is significant as it highlights the increasing volatility of climate patterns in Australia, raising concerns about public safety and the potential impact on local infrastructure and health.

A key aide to Russian President Vladimir Putin has refuted claims made by Western media that a planned summit with US President Donald Trump was canceled. This denial highlights ongoing tensions and the complexities of international diplomacy, as both nations navigate their relationship amidst various geopolitical challenges. Understanding these dynamics is crucial for grasping the broader implications for global politics.

The potential success of the Reform party in Caerphilly could have significant implications not just for the local area, but for the broader Welsh valleys. This election is seen as a pivotal moment that could reshape local governance and community engagement, highlighting the importance of reform in addressing regional issues. If Reform wins, it may inspire similar movements across Wales, emphasizing the need for change and revitalization in local politics.

North Korea has launched multiple short-range ballistic missiles, marking its first missile test in months, just a week before the APEC summit where world leaders, including US President Donald Trump, are set to meet in South Korea. This provocative action raises tensions in the region and could overshadow the diplomatic discussions planned at the summit, highlighting the ongoing challenges in addressing North Korea's military ambitions.

The UK's advertising watchdog has taken a significant step by banning gambling ads featuring prominent figures like Lewis Hamilton and the Chelsea logo, citing concerns about their influence on children. This decision is crucial as it aims to protect younger audiences from the allure of betting, which can lead to harmful habits. By restricting such advertisements, the UK is prioritizing the well-being of its youth and setting a precedent for responsible advertising in the gambling industry.