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Rachel Reeves tells MPs Bank chief says ‘markets functioning effectively’ despite tariffs crisis – UK politics live

Reeves tells MPs Bank of England governor has assured her ‘markets functioning effectively’ despite tariffs crisis In the Commons Rachel Reeves, the chancellor, is taking questions. Unusually, she opened with a mini statement about the Trump tariffs. It largely echoed what Keir Starmer said in his speech yesterday, with Reeves saying the government would respond…

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Meta blocks livestreaming by teenagers on Instagram

Meta is expanding its safety measures for teenagers on Instagram with a block on livestreaming, as the social media company extends its under-18 safeguards to the Facebook and Messenger platforms. Under-16s will be barred from using Instagram’s Live feature unless they have parental permission. They will also require parental permission to turn off a feature…

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Ex-Google boss Eric Schmidt buys £42m London mansion

The former boss of Google, Eric Schmidt, has bought a Holland Park mansion for nearly £42m, in the latest in a string of big transactions in London’s prime real estate market. Schmidt, who was the chief executive of Google from 2001 to 2011, bought the double-fronted stuccoed mansion in west London, last May, according to…