Labour leadership shock hits markets: Health secretary Wes Streeting has resigned, saying he has “lost confidence” in Keir Starmer, as local election losses and Reform UK momentum fuel calls for a leadership contest—pushing investors to price in more fiscal risk and sending UK borrowing costs higher. Press freedom push: The UK High Commission used a Cameroon journalist dialogue to reaffirm support for media freedom, stressing ethical, independent reporting as democracy’s safeguard. China vs UK steel: China warned the UK to handle any British Steel nationalisation “prudently”, urging respect for firms and market principles. Tech and payments deal: NatWest’s merchant-payments arm Tyl by NatWest is partnering with Endava to speed up new payments products. Retail logistics move: M&S is buying a mothballed Asos distribution centre in Lichfield for £67.5m, betting online fashion and beauty demand can hold up as “conversational” shopping grows. Small business pressure: Entrepreneurs say rising business costs and regulation are “strangling” growth, with many firms feeling squeezed from every direction.