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More than 600 UK flights cancelled after air traffic control ‘technical issue’ – as it happened

National Air Traffic Services apologise for technical issue disrupting departures today, which Flightradar24 say has caused hundreds of cancellations

Gas prices are rising this morning, putting pressure on European countries who need to stock up their storage levels before the winter.

The month-ahead UK gas price is up around 1% at 184p a therm, close to yesterday’s highs when gas hit its highest since January 2023.

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© Photograph: Flightradar24/PA

© Photograph: Flightradar24/PA

© Photograph: Flightradar24/PA

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US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns

Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller

Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor.

The billionaire investor Stanley Druckenmiller, who worked with Bessent at George Soros’s fund management firm in the 1990s, has warned that his former pupil is courting danger by trying to suppress US bond yields.

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© Photograph: Evelyn Hockstein/Reuters

© Photograph: Evelyn Hockstein/Reuters

© Photograph: Evelyn Hockstein/Reuters

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