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The UK government announced a modest concession for millions of graduates with Plan 2 student loans: a cap on the interest rate at 6% starting 1 September 2026.The decision is presented as a safeguard against a possible surge in inflation linked to geopolitical tensions in the Middle East, rather than a full policy reversal.The 6% ceiling will apply both to undergraduate Plan 2 loans and to postgraduate Plan 3 loans taken out by borrowers in England and Wales.For many borrowers the cap trims the current 6.2% rate by 0.2 percentage points, meaning their debt will grow marginally slower; the repayment threshold of 9% of earnings above the annual limit remains unchanged.Interest rates are normally set each academic year using the Retail Price Index (RPI), which currently sits at 3.2% and is expected to rise – the March 2026 RPI is due on 22 April and analysts anticipate a figure above the February rate of 3.6%.Ministers say the cap “removes the risk of any temporary increase in inflation causing loan balances to compound at an unsustainable rate,” protecting borrowers from rates above 6%.Prime Minister Keir Starmer has pledged to review the student‑loan system, and speculation persists that more extensive reforms could be announced later in the year.The National Union of Students hailed the cap as “a huge win” but warned that without adjustments to the repayment threshold the relief will be limited.Financial planner Ian Futcher of Quilter added that the cap offers “reassurance but not relief,” emphasizing the need for broader changes to ease graduate finances.

Courtney Lawes has confirmed a one‑year deal with the Sale Sharks, a move that reignites hopes of a return to the England squad after two seasons in France’s Pro D2 with Brive.Approaching his 38th birthday in February, Lawes retired from Test rugby following the 2023 World Cup but insists he can still compete at the highest level. Sale’s director of rugby, Alex Sanderson, expressed enthusiasm about the former Northampton stalwart joining the Manchester‑based side.Sanderson emphasized that the signing was not driven by a paycheck: “He’s still got the ability and experience to play great rugby this season and possibly beyond.” He added that Lawes is “robust, dynamic around the park and hits hard, but his skill set makes him far more than a mere banger.”Lawes’ résumé includes 105 caps, participation in four World Cups, two Premiership titles, two Challenge Cup trophies, and three Six Nations championships. The veteran believes his body feels “good” and that retiring now would be a regretful decision.Speaking on his “un‑retirement” from international duty, Lawes said, “I’d love to play for England again, but first I want to perform well for Sale and see what happens afterward.”Sale, however, faces a potential manpower crunch ahead of their Champions Cup quarter‑final in Dublin against Leinster. England internationals Luke Cowan‑Dickie and Bevan Rodd are sidelined for the rest of the season, and hooker Nathan Jibulu awaits the outcome of a disciplinary hearing after being cited for biting former Harlequins teammate Will Hobson.The alleged incident occurred during Sale’s 26‑17 victory over Harlequins at the Twickenham Stoop. If Jibulu is suspended, Sale’s forward options will be further depleted, with brothers Tom and Ben Curry already unavailable.Despite the controversy, Jibulu remains a contender for England’s summer tour, as head coach Steve Borthwick evaluates his options ahead of the Nations Championship clash with South Africa in Johannesburg on 4 July. Sanderson praised the 23‑year‑old, noting, “He’s good now, he’ll be brilliant – he has the attributes to be an international hooker.”

The Bay FC forward Keira Barry has earned her first senior England cap, being named by manager Sarina Wiegman for the Women’s World Cup qualifying matches against Spain and Iceland. She joins Chelsea full‑back Niamh Charles, who has recovered from a recent injury, in the squad.The selections come after London City Lionesses striker Freya Godfrey withdrew due to a shoulder problem. Barry, a product of the Manchester United academy, was promoted from the Under‑23s and has previously turned out for Crystal Palace and Sunderland before signing with Bay FC in February.At 20 years old, Barry has already featured in four NWSL matches, netting a goal against the North Carolina Courage in March, underscoring her rapid adaptation to the American league.The England squad will convene at St George’s Park on Tuesday to begin preparations for hosting the world champions Spain at Wembley on 14 April, before traveling to Reykjavik for the Iceland fixture four days later.

Oil prices have skyrocketed to more than $110 a barrel following Donald Trump's threat of military action against Iran. The international benchmark for oil prices, Brent crude, rose by 1% to $111 a barrel, while New York light crude jumped 2.6% to $115.3 a barrel. Investors are growing increasingly anxious as Trump escalates his threats against Iran, demanding it reopen the Strait of Hormuz as part of any deal to stop the war. The president set a deadline of Tuesday 8pm ET (1am BST Wednesday) for Iran to agree to a deal with Washington or face fresh attacks on civil infrastructure, including power plants. “The entire country can be taken out in one night, and that night might be tomorrow night,” Trump said. He emphasized that passage through the Strait – a vital shipping channel through which a fifth of the world’s oil and gas supplies normally pass – was a “very big priority” and should be part of any ceasefire deal. Global stock markets have been choppy since the US-Israel attack on Iran in February, as the effective closure of the Strait of Hormuz has fed fears around inflation and rattled investor confidence. On Monday, Kristalina Georgieva, the head of the International Monetary Fund, warned that the war is likely to lead to higher inflation and slower global growth. Georgieva told Reuters that before the war began, the IMF had expected a small upgrade in its expectation for global growth of 3.3% in 2026 and 3.2% in 2027. Instead, she said, “all roads now lead to higher prices and slower growth”. The IMF is expected to publish its report on the world economic outlook next week.

Pakistan has put forward a two-phase plan to bring an end to the ongoing conflict between the US, Israel, and Iran, and to reopen the strategically critical Strait of Hormuz. This initiative has been shared with both Iran and the United States, and is currently being considered by both sides.According to sources, Esmaeil Baghaei, spokesman for Iran's Ministry of Foreign Affairs, has acknowledged Pakistan's diplomatic efforts. The plan, tentatively referred to as the 'Islamabad Accord', involves an immediate ceasefire and the reopening of the Strait of Hormuz, with 15 to 20 days allocated to finalize a broader settlement.The proposed agreement would include Iranian commitments not to pursue nuclear weapons in exchange for sanctions relief and the release of frozen assets. However, Tehran has responded by stating that it will not reopen the strait as part of a temporary ceasefire, and has expressed skepticism about the proposal.The US has not yet responded to Pakistan's plan, while Iran has rejected a 15-point plan put forward by the US last month, describing it as 'illogical'. The conflict has resulted in significant human suffering, with over 2,000 people killed in Iran since the war began on February 28.The situation remains volatile, with Trump threatening 'hell' on Tehran if a deal is not reached by the end of Tuesday. The international community is closely watching the developments, as the Strait of Hormuz remains a critical artery for global fuel supplies, with over 20 percent of the world's oil and gas passing through the waterway.

President Donald Trump told Fox News host Trey Yingst that the United States had dispatched a substantial cache of firearms to Iranian protesters, routing them through Kurdish groups. He said, “We sent them a lot of guns. We sent them to the Kurds,” and added that the Kurds likely kept the weapons. This admission lends weight to Tehran’s long‑standing narrative that the December‑January demonstrations were not spontaneous but were driven by “foreign‑backed terrorists.” Iran’s Supreme Leader Ali Khamenei has repeatedly blamed the United States and Israel for hijacking the economic unrest that began on December 28, when Tehran shopkeepers protested the plunging rial. The protests quickly spread nationwide, drawing hundreds of thousands onto the streets. Rights groups and the United Nations report that at least 5,000 people were killed, with some estimates suggesting the death toll could rise to 20,000. The crackdown also saw thousands arrested and an internet blackout imposed to conceal the violence. As the US‑Israel war on Iran entered its 38th day, official tallies record 2,076 deaths and over 26,000 injuries across the country. Despite Trump’s statements, several Kurdish opposition groups have categorically denied receiving any U.S. weapons. A senior official of the Democratic Party of Iranian Kurdistan (KDPI) told Iraqi broadcaster Rudaw that the claims were “baseless,” noting that their armaments are decades‑old and sourced locally. The Komala Party issued a similar denial. Analysts caution that Trump’s remarks are difficult to verify. Neil Quilliam of the United Kingdom’s Chatham House said the comments “reveal nothing material” and may reflect Trump’s personal rhetoric more than concrete policy. Nonetheless, such statements could undermine the cohesion of Iranian opposition groups and influence international perceptions of the conflict. In the broader geopolitical context, the United States has framed its February 28 strikes—carried out jointly with Israel—as a response to Iran’s nuclear program and as a means to “free” Iranians from the Islamic Republic’s repression. Trump linked the military action directly to the protests, claiming Tehran had “killed tens of thousands of its own citizens on the street as they protested.” While Kurdish factions continue to advocate for peaceful, civil protest methods, the U.S. and Israeli governments have not yet committed to ground operations in Iran. Opposition Democrats in the U.S. Congress remain skeptical of any escalation involving troops. Overall, Trump’s confirmation of arms shipments adds a new layer to the already complex narrative surrounding the Iranian protests, the US‑Israel military campaign, and the broader struggle for influence in the region.

The global oil trade is facing a chokepoint crisis, with Libya's oil disputes mirroring the situation in the Hormuz Strait. The Strait of Hormuz, a critical waterway for oil transportation, was briefly closed after US and Israeli strikes on Iran in late February, causing Brent crude oil prices to soar to nearly $120 a barrel.Libya, with its strategically located oil terminals on the northeastern coast, has become a crucial player in the global oil trade. The country's light, sweet grades of oil are particularly valuable to European refiners. However, Libya's political instability and factional oil deals are threatening to disrupt oil supplies, with Europe's energy security hanging in the balance.The Libyan National Army (LNA), led by Khalifa Haftar, controls the territory where Libya's oil is located, while the Government of National Unity (GNU) in Tripoli signs oil contracts. This has led to a situation where Tripoli may sign oil contracts, but Haftar decides whether oil actually flows. The Arkenu agreement, a private oil company linked to the Haftar family, was recently terminated due to corruption allegations, leaving the future of Libya's oil supplies uncertain.The US is attempting to broker new talks between Tripoli and Haftar's camp, but a deal is not yet certain. Meanwhile, European energy security is at risk, with the Mediterranean Sea becoming a battleground for proxy wars between Russia and Ukraine. The sabotage of oil infrastructure and attacks on tankers are exacerbating the situation, highlighting the need for a stable and secure oil supply to Europe.

US President Donald Trump has issued a stern warning to Iran, stating that the Tuesday deadline for Tehran to agree to free passage through the Strait of Hormuz is final. Failure to comply will result in US strikes on Iranian infrastructure, he emphasized.On Monday, Trump described an Iranian proposal aimed at ending the conflict as 'a significant step' but insufficient to avert US action. The proposal, which includes 10 clauses such as an end to conflicts in the region, a protocol for safe passage through the Strait of Hormuz, the lifting of sanctions, and reconstruction, was conveyed to the US via intermediaries.The Iranian proposal was put forward after Pakistan suggested a 45-day ceasefire, which Iran reportedly rejected, seeking a permanent end to hostilities instead. Iran's diplomatic mission head in Cairo, Mojtaba Ferdousi Pour, stressed that Tehran would only accept an end to the war with guarantees that it wouldn't be attacked again.The Strait of Hormuz, a critical waterway through which about 20% of the world's oil supplies pass, has been a focal point of the conflict. Trump's threat to destroy Iranian infrastructure unless the strait is reopened has caused oil prices to surge and shaken the global economy.Earlier on Monday, Israel struck a key petrochemical plant in Iran's South Pars gas field, killing two commanders of the Islamic Revolutionary Guard Corps. Israel claimed responsibility for the strike, which appeared separate from Trump's threats.The White House confirmed that a ceasefire proposal was under consideration but stated that Trump had 'not signed off' on it. The conflict, sparked by Israeli and US attacks on Iran on February 28, has seen Iran fire missiles at targets across the Middle East.Trump has been vocal about his stance, suggesting that Iran's leaders are 'animals' who have killed tens of thousands of protesters and expressing that he is 'highly unlikely' to postpone the deadline. When asked about concerns that attacks on infrastructure could be classified as war crimes, Trump responded that he is 'not worried about it,' emphasizing that allowing Iran to have a nuclear weapon would be a greater war crime.

South Korean intelligence officials say Pyongyang is deliberately stepping back from its long‑standing partnership with Iran as it seeks to open a diplomatic channel with the United States.The National Intelligence Service (NIS) found no evidence of weapons or material transfers to Tehran since the US‑Israel conflict over Iran erupted at the end of February.Unlike its allies China and Russia, which have issued frequent statements on the Middle‑East war, North Korea’s foreign ministry has released only two muted comments, condemning the US and Israeli attacks but remaining silent on internal Iranian leadership changes.Analysts interpret this restraint as a strategic move to position North Korea for a new diplomatic chapter with Washington once the regional conflict subsides.In a separate revelation, the NIS disclosed that Kim Jong Un appears to be grooming his teenage daughter, Ju Ae—estimated to be around 13 years old—as a potential successor, citing recent footage of her driving a tank.The display mirrors Kim’s own early‑2010s public military appearances, which were designed to showcase his readiness to inherit power.Previously, Kim’s sister Kim Yo Jong was considered a leading heir candidate. She recently praised South Korean President Lee Jae Myung for apologising over a January drone incursion, calling the gesture “wise” and “fortunate.”Lee admitted that government officials were involved in the drone incident and expressed regret, part of his broader effort to repair inter‑Korean ties since taking office.Despite these overtures, North Korea has largely ignored Seoul’s diplomatic initiatives, with Kim labeling South Korea the “most hostile state” in a March policy address.