Number of millionaires in the UK has fallen to lowest level since the 2008 crisis
The number of UK residents with personal wealth of at least £1 million fell by 7% in 2025 to 442,000 people. This is the lowest figure since the global financial crisis of 2008, according to updated calculations by the Adam Smith Institute. Compared with the peak in 2021, when the…
New AI system transparency rules enter into force in the EU
On 2 August 2026, transparency obligations under Article 50 of the Artificial Intelligence Regulation (AI Act) came into effect in the European Union. This was announced by the European Commission. The new requirements are designed to make it easier for people to recognise when they are interacting with AI or…
German Foreign Minister calls on European Commission to make protection of EU external borders an absolute priority
German Foreign Minister Johann Wadephul called on the European Commission to give “absolute priority” to the protection of the European Union’s external borders. He made the statement in an interview with the newspaper Bild am Sonntag, commenting on the recent mass influx of migrants into the Spanish enclave of Ceuta….
Hungarian PM declares five-day emergency energy regime
Hungarian Prime Minister Péter Magyar said the country will face its most tense period in the energy sector amid the near-total shutdown of Hungary’s only nuclear power plant, Paks. The cause is the record-low water level of the Danube, which has left the plant without a sufficient volume of cooling…
Data breach at the UK’s state investments agency
The UK Government Investments agency (UKGI) has reported a data breach incident that left confidential information publicly accessible for nearly two days. According to UKGI’s annual report, an internal file containing high-level management information, as well as the names and work email addresses of 51 government officials, was publicly accessible…