Tuesday, June 23, 2026
Keir Starmer has announced his resignation as Labour leader and Prime Minister, triggering a contest to find his replacement. Andy Burnham, the Mayor of Greater Manchester, is the frontrunner to succeed him, with the BBC's political editor noting he'll face intense scrutiny over his ability to deliver on campaign promises.
The US has waived oil sanctions on Iran and agreed to release $12 billion in frozen funds following Iran's commitment to allow international nuclear inspections. Iran's chief negotiator has signalled openness to US cooperation on reopening the Strait of Hormuz, while warning the waterway will never return to its pre-war status.
Investors have submitted redemption requests totalling 17% of Apollo's flagship private credit fund, and the firm has met less than a third of those withdrawal demands as an exodus accelerates. The crunch signals growing anxiety about liquidity in the booming but largely illiquid private credit market.
The UK's National Health Service has made the first drug capable of delaying the onset of type 1 diabetes available to patients. The immunotherapy buys children and adults roughly three extra years before they need to begin insulin treatment.
The Metropolitan Police plans to deploy fixed live facial recognition cameras in London's West End by Christmas, then expand into six further areas in 2027. Critics warn the permanent installations — likely mounted on lamp-posts — will force tens of thousands of people into what they call a "digital police lineup" without consent.
