Trump Says He'll Meet Starmer in Scotland to ‘Refine' Trade Pact
Trump made the comments on Tuesday to reporters as he departed the White House. He expected to visit a pair of golf courses he owns in Scotland later this month. Trump said the meeting with Starmer was likely to take place in Aberdeen.
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Inquiry into Afghan data leak to be conducted by Parliament's security watchdog
An inquiry into the Afghan data leak that led to an unprecedented legal gagging order and an £850 million secret relocation scheme is set to be carried out by Parliament's intelligence watchdog. Lord Beamish, chairman of the Intelligence and Security Committee of Parliament (ISC), said the cross-party group would launch a probe after considering defence assessment documents related to the case. The peer has previously voiced concern over 'serious constitutional issues' raised by the handling of the breach that saw the details of 18,714 applicants for the Afghan Relocations and Assistance Policy (Arap) scheme released in 2022. The leak prompted an unprecedented superinjunction amid fears the Taliban could target would-be refugees for reprisals, meaning the ISC, which routinely reviews sensitive material, was not briefed. It also saw the establishment of a secret scheme, the Afghanistan Response Route (ARR), to bring some of those affected to the UK at a projected final cost of about £850 million. In a statement on Monday, Lord Beamish said the committee 'has agreed that, once it has considered the requested material, it will conduct an inquiry into the intelligence community's role and activity in connection with the loss of data relating to Arap applicants in February 2022'. The ISC, which is made up of MPs and members of the House of Lords, had asked for the release of defence assessments that formed the basis of the superinjunction, as well as other material relating to the Arap scheme. It hard argued that under the Justice and Security Act 2013, classification of material is not grounds on which information can be withheld from the committee, given its purpose is to scrutinise the work of the UK intelligence community. Thousands of Afghans included on the list of people trying to flee the Taliban are unlikely to receive compensation after their details were accidentally leaked. A spokesman for the Ministry of Defence (MoD) said the Government would 'robustly defend' any legal action or bid for compensation, adding these were 'hypothetical claims'. It has also been reported that the MoD will not proactively offer compensation to those affected. In total, the Government expects 6,900 people to be brought to the UK under the ARR scheme, which was introduced under the previous Tory administration after a defence official leaked the data 'in error' in February 2022. Along with the Afghan nationals, the breach saw details of more than 100 British officials compromised, including special forces and MI6 personnel. The Government has been contacted for comment.
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'Pure greed': MPs demand Southern Water CEO refuses 'massive payout'
MPs have accused the CEO of Southern Water of "pure greed" and urged Lawrence Gosden to refuse a 'massive payout' after it emerged that his salary was set to double to £1.4m. The 19 Labour MPs who represent constituents served by Southern Water said they were "appalled" by the "shameful and blatant" attempt by the company to get around a bonus ban. In a letter, they listed recent failures including "major flooding," "sewage spills" and "eye-watering bill hikes of 46.7%," as reasons not to reward the firm's boss. The MPs wrote: "Customers will be shocked that while they are being asked to pay more, you will be laughing all the way to the bank. "We urge you to do the right thing and decline this disgraceful payment for failure." Mr Gosden was awarded £691,000 under a two-year long-term incentive plan on top of his current salary of £687,000. This is despite Southern Water being banned from paying bonuses after a serious sewage leak in the New Forest in Hampshire last year. It comes as the Environment Secretary Steve Reed announced that new legislation would rule out these types of pay increases in future. Speaking over the weekend, Mr Reed described the pay rise as "outrageous" and called on Mr Gosden to turn it down. He told the BBC: "I don't think Southern Water has performed well enough for that kind of pay increase to be merited." Read more:Labour to eliminate unauthorised sewage spillages in 10 years Southern Water has previously defended the decision, saying they have not paid out bonuses and have made record investments in order to turn around the failing business. The company has been approached for comment.
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World Cup Windfall: $3.3 Billion Jackpot Coming to New York and New Jersey
New York and New Jersey could be on the verge of a multi-billion-dollar economic lift from hosting the FIFA World Cup in 2026. The region is set to host eight matches, including the final on July 19 at MetLife Stadium, with more than 1.2 million fans expected to pour into the area. According to the NYNJ Host Committee, total spending across the region could reach $1.7 billion, driving $1.3 billion in projected labor income. Investors looking at hospitality, infrastructure, and consumer-facing sectors may want to start connecting the dots. The job creation potential is also noteworthy. The committee projects over 26,000 jobs will be added across both states to support the event, spanning everything from stadium operations and tourism to food, transit, and event logistics. Meanwhile, state and local governments are expected to see a combined $432 million in tax revenue. With matches spread across 11 other U.S. citiesBoston, Dallas, Los Angeles, and Philadelphia among themthis could turn into a nationwide economic moment. Companies like Tesla (NASDAQ:TSLA), Uber (NYSE:UBER), Marriott (NASDAQ:MAR), and major streaming platforms could see indirect tailwinds depending on how the tournament footprint expands. Political dynamics are already mixing into the narrative. President Donald Trump, speaking during a FIFA task force session earlier this year, didn't shy away from the tension his trade policies might create. Tensions are a good thing, he said, suggesting the geopolitical backdrop could make the tournament even more electric. For investors, this isn't just about soccerit's a potential demand wave across labor, travel, and consumption that could ripple through public markets. The magnitude remains to be seen, but the setup is worth tracking. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
