British Steel Fallout: China’s Jingye Steel is demanding compensation from the UK after British Steel was brought under public ownership, warning the move is damaging the investment climate and straining UK-China ties. Prime Minister Countdown: Andy Burnham becomes the UK’s seventh PM in a decade on Monday, promising to “rewire” government around cost of living and services, while facing tight finances and big economic and foreign-policy pressures. AI Optimism in Business: UK CFOs are more upbeat about AI’s impact (73% optimistic), while still flagging weak productivity and lingering geopolitical worries. Middle East Shock to the Economy: Travel and housebuilders are issuing more profit warnings as Iran-war fallout hits bookings and lifts costs, with holidaymakers also spending more pre-trip. Housing Market Dip: Rightmove says average asking prices fell by £3,832 month-on-month in July, blaming the World Cup and hot weather for distracting buyers. Pay Gap Spotlight: FTSE 100 bosses’ pay hit record levels, widening the earnings gap to 130 times the average worker’s salary. Tate Extradition: Andrew and Tristan Tate were arrested in Miami as the UK seeks extradition over expanded rape and trafficking charges. Meta Safety Move: Meta plans AI “parent alerts” if a teen’s Meta AI chat suggests suicide or self-harm, with human review before notifications.