The Times
- HSBC has acquired the UK arm of Silicon Valley Bank for 1 pound ($1.22) after a weekend of crisis talks with the Bank of England and government ministers following the collapse of the bank's US parent on Friday.
- British Prime Minister Rishi Sunak strikes Aukus deal with U.S. President Joe Biden to build a multibillion-pound fleet in Britain using U.S. technology that is also being shared with Australia.
The Guardian
- Rishi Sunak has indicated that the UK could follow the U.S. and Canada in banning TikTok from government devices, saying he will take "whatever steps are necessary" to protect Britain's security.
- UK hospitals have cancelled tens of thousands of outpatient appointments and operations this week as they prepare for a junior doctors' strike that will severely disrupt NHS care.
The Telegraph
- British finance minister Jeremy Hunt is preparing to boost the tax-free allowance for pensions by more than half a million pounds as he battles the wave of early retirement that has squeezed growth.
- Former UK prime minister Theresa May has criticised the government's Illegal Migration Bill for "shutting the door" in the faces of genuine victims of persecution and modern slavery.
Sky News
- UK's National Savings & Investments (NS&I) is weighing the appointment of Dax Harkins, its new interim boss, as its next permanent chief executive.
- Rishi Sunak has said Jeremy Hunt will still be chancellor at the next election after criticism his number two did not have enough economic vision.
The Independent
- The UK's upcoming Online Safety Bill could force Meta's WhatsApp to weaken the end-to-end encryption that currently secures messages on the service, said Will Cathcart, the head of WhatsApp.
- E-bikes and home security cameras have been added to the
basket of goods used to calculate inflation as new technology
and concerns over the environment shape the nation's buying
habits, according to the UK's Office for National Statistics.
($1 = 0.8228 pounds)
(Compiled by Bengaluru newsroom)
