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Pension 👵

Ministers waver on pensions while buy-British electricity prepares to cost more

A minister declined to rule out scrapping the state pension triple lock. Andy Burnham is reportedly preparing to propose a review of the policy in Labour's next manifesto. Separately, the energy regulator Ofgem was instructed to place greater emphasis on domestic jobs and manufacturing, a mandate expected to raise electricity bills.

US Secretary of State Marco Rubio claimed a foreign actor was clearly behind a suspected plot near RAF Fairford, though he offered no evidence. Five British nationals arrested by counter-terror police were released on bail. Investigators now suspect the incident was designed to fail.

London ranked first globally in the inaugural AI Cities Index.

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Pension Triple Lock Faces Potential Review

The possibility of changes to the state pension triple lock is a key debate, with a minister declining to rule out its scrapping. Prime Minister Andy Burnham, Leader of the Labour Party, is reportedly set to propose a review of the policy in the upcoming Labour manifesto, as trade unions and influential Labour figures appear to be softening their stance on its maintenance.

Foreign Actor Linked to RAF Fairford Plot

New details have emerged in the counter-terror probe near RAF Fairford, with US Secretary of State Marco Rubio claiming a foreign actor was "clearly" behind the suspected plot, though offering no evidence. Five UK nationals arrested in connection with the incident have been released on bail, and investigations suggest the plot might have been designed to fail, raising questions about its true purpose and origins, with some experts pointing to an Iran-linked attack.

Energy Bills Set to Rise Under 'Buy British' Plan

Energy regulator Ofgem has been directed to place a greater emphasis on UK jobs and manufacturing in its electricity plan, a move that is expected to result in an increase in energy bills for consumers.

London Tops Global AI Cities Index

London has been recognized as the leading city globally in the inaugural AI Cities Index, marking its significant advancements and strong position in the field of artificial intelligence.

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