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Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolution

Chancellor Rachel Reeves is to announce a new City “skills compact” that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution.

The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves’s final Mansion House speech to City bosses before Andy Burnham’s expected takeover of No 10. The government-backed initiative will commit employers to improving workers’ skills and helping them “keep pace” with significant technological changes that have prompted fears of mass redundancies.

Gigs by Gallagher brothers, Coldplay, Lana Del Rey and Beyonce gives £11bn boost to the economy

Big name artists including Oasis with their highly anticipated reunion tour, Coldplay and Beyoncé helped to attract a record number of fans to travel to watch live music last year, helped by a surge in overseas visitors at UK gigs.

A report from the industry body UK Music estimated that 24.7 million “music tourists” attended concerts and festivals last year, up 4.8% on 2024, leading to an unprecedented £11.2bn of spending across the UK economy.

Western Europe has been scorched by its hottest June on record, scientists have said, as the UK enters its third heatwave of the year and wildfires ravage France and Spain

• Western Europe records hottest-ever June as heatwaves intensify

Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolution

Chancellor Rachel Reeves is to announce a new City “skills compact” that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution.

The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves’s final Mansion House speech to City bosses before Andy Burnham’s expected takeover of No 10. The government-backed initiative will commit employers to improving workers’ skills and helping them “keep pace” with significant technological changes that have prompted fears of mass redundancies.

Gigs by Gallagher brothers, Coldplay, Lana Del Rey and Beyonce gives £11bn boost to the economy

Big name artists including Oasis with their highly anticipated reunion tour, Coldplay and Beyoncé helped to attract a record number of fans to travel to watch live music last year, helped by a surge in overseas visitors at UK gigs.

A report from the industry body UK Music estimated that 24.7 million “music tourists” attended concerts and festivals last year, up 4.8% on 2024, leading to an unprecedented £11.2bn of spending across the UK economy.

The High Pay Centre revealed the excesses of CEO wages. But then anti-diversity winds blew in from across the Atlantic

Shock ricocheted around the world of social research this week with the sudden news of the imminent closure of the High Pay Centre (HPC). Founded in 2011 by the former Guardian business editor Deborah Hargreaves to focus on analysis of extreme pay at the top and the widening pay gap between CEOs and their average employees, its closure feels like the death of an idea.

Others campaign on tax and redistribution but the HPC was concerned with “predistribution”. It was unique in looking at the origins of inequality in pay and control over pay rates. Its annual report is always covered, even by rightwing media, because each year it reawakens a sense of disbelief at the way we live now. Why would the median FTSE 100 CEO need £4.4m this year to do his (yes, mostly still his) gratifyingly high-status job? Why?

Polly Toynbee is a Guardian columnist

Show some team spirit with an England top and sporty stripes

A touch of spice balances the sweet meringue and draws out the flavour of this fragrant and fruity dessert

British strawberry season barely needs embellishment, so I haven’t done anything wild here. This is essentially a classic rolled pavlova: crisp at the edges, marshmallow-soft within and filled with clouds of cream and strawberries. The small flourish here is sumac, which has a gentle tartness that somehow amplifies the berry flavour while balancing the sweetness of the meringue. Add a little lime zest, too, and the whole thing tastes bright, fragrant and unmistakably of summer.

Большинство современных вредоносных рассылок уже давно не используют классические макросы Microsoft Office. Вместо этого злоумышленники строят многоступенчатые цепочки заражения, где каждый компонент выполняет только одну небольшую задачу: первоначальный документ лишь инициирует загрузку следующего этапа, тот скачивает новый компонент, который в свою очередь запускает основной вредоносный модуль.

В ходе анализа одного из подобных образцов была исследована полная цепочка заражения — от письма с вложением Excel до запуска LuaJIT-загрузчика и последующего инфостилера. Интересной особенностью является использование файлов с нестандартными расширениями (.PIF и .TTF), которые на самом деле не являются ни ярлыком, ни шрифтом.

Давайте рассмотрим каждый этап работы вредоносной цепочки.

Девятого июля OpenAI наконец выкатила GPT-5.6 в общий доступ и заодно сбросила лимиты. Я ждал этого релиза не из любопытства: у меня ежедневные агентные сессии по несколько часов, и мне нужно было понять — переезжать или нет. Бенчмарки я читать устал, поэтому сел смотреть живые генерации, которые люди публикуют в X, и параллельно гонял модель на своих задачах через собственный прокси-сетап. Расскажу, что увидел, и почему мой главный вывод оказался не про качество генераций вообще.

Этой статьей я постараюсь логично завершить эксперимент с ханипотом и рассказать про анализ вредоносного ПО силами ИИ. Идея проекта простая: проверить, может ли связка из изолированной виртуальной машины, классических инструментов анализа ВПО и LLM-агента дать не только красивый отчет, как было в прошлый раз, а реально полезный материал для борьбы с вредоносами.

• Rudi Garcia says his team can benefit from Balogun red card saga

• ‘Everyone is talking about us going home but we can do it,’ coach says

Rudi Garcia has claimed that Belgium have got “millions and millions” of new supporters after Donald Trump lobbied Fifa to overturn Folarin Balogun’s red card ahead of their victory against the USA in the last 16 – and that they will take “incredible strength” from that against Spain in their quarter-final. The Belgium coach also insisted that he has faith in his team, even though “everyone thinks we are going home”. Garcia, after all, has a not-so-secret weapon sitting on the bench: when striker Romelu Lukaku is introduced, he said, opponents “quake in their boots”.

Trump boasted that he had phoned Fifa to get Balogun’s punishment put on hold after the direct red card he was shown against Bosnia and Herzegovina. But despite Fifa’s unprecedented decision to suspended the striker’s ban for a year, Belgium still defeated the USA 4-1. At full-time, the Belgium football federation’s social media accounts declared “overturn this” and players celebrated by parodying Trump’s dance. Garcia also confirmed that he had spoken to Balogun, telling him he could not be blamed for Trump’s lobbying or Fifa’s willingness to cede to it.

A remote arts centre in Ramingining, East Arnhem Land has staged its inaugural fashion week, providing an opportunity to celebrate local Aboriginal artists, models and community

Every year I spend six to eight weeks on board – it has brought new friendships and showed me how generous people can be

When I was a teenager in Denmark in the 1980s, my older brother drove me to Roskilde, a city with five original Viking ships. We started working with the Viking Ship Museum of Roskilde as volunteers to build one of the first replicas. Since then, Vikings have been in my life.

Until my retirement four years ago, I worked at an IT company, and on the side volunteered for the Oseberg Viking Heritage Foundation, in Tønsberg, Norway, which promotes Viking ships and handicrafts. I became chair in 2023.

Schwarzman Centre, Oxford
Headlong’s take on Karel Čapek’s 1920 tale of romance and robots is rife with timely debates about tech’s threat but at times the philosophical discussions drag on

If our world is currently thinking through the brave new future of generative AI and super intelligence, Karel Čapek’s 1920 play RUR: Rossum’s Universal Robots proves the notion of robot consciousness and rebellion is not a new anxiety. So does Mary Shelley’s Frankenstein, which Čapek’s drama resembles in its philosophical debates and moral warnings, despite its futurism.

Ella Road adapts Čapek’s play for our times in this Headlong and Schwarzman Centre co-production, its science apparently informed by research from Oxford University academics, which gives it a cutting-edge, real-world underpinning.

National Audit Office says system needs to be upgraded before it is extended to ease strain on overcrowded prisons

The rapid expansion of electronic tagging to reduce pressure on prisons will put public safety at risk without robust improvements to a system already under significant strain, the UK’s public spending watchdog has warned.

The number of people in England and Wales being electronically monitored has doubled to 28,700 over five years, and is estimated to rise to 22,000 tagged each year from 2027 under government plans to combat the prison capacity crisis by managing more offenders in the community.

A misstep in the shallows led to physical torment and fraying tempers. Before this, I had been an angry teenager. Now, I was incandescent with rage

It is worth acknowledging, with the benefit of post-pubescent hindsight, that any holiday with 14-year-old me probably had the potential to become the holiday from hell. My self-esteem would have been at its lowest, my anger that “nobody understands me!” at its highest. In the summer of 2010 I can only imagine that my parents, who bore the brunt of my adolescent rage, were at their wits’ end. Little did they know that taking me (along with my 16-year-old sister and 11-year-old brother) to a paradise-like Greek island would have the opposite of a calming effect.

To be clear, we weren’t at each other’s throats all the time. Before catching a ferry from the Athens port of Piraeus to the tiny Saronic island of Agistri, I remember enjoying plates of moussaka and pastitsio in Athens, after sweatily traipsing around the city’s ruins. And on the island itself, we bonded as a family over card games at a beach bar, and giggled together when, on a boat trip, our pony-tailed captain stripped off, revealing a flame-shaped tattoo protruding from his Speedos.

Military intelligence officer admits witnessing killing of woman believed to have left explosive device outside oligarch’s home

The case of a suspected bomber accused of targeting a Ukrainian oligarch has taken another murky turn, after details of her subsequent murder were revealed in court with evidence suggesting the involvement of Kyiv’s intelligence agencies.

French police last week named Anastasiia Berezovska as the person captured on CCTV leaving a rucksack outside a Monaco apartment block. It blew up, injuring the Ukrainian businessman Vadym Iermolaiev as he emerged from the building with his partner and their 13-year-old child.

As Netflix’s quietly radical coming-of-age drama wraps up with a feature-length film, its stars discuss queer escapism, awkward love scenes and letting go of the characters that made them

In a house near Maidenhead in Berkshire, a group of sweaty teenagers are throwing a party. Vodka bottles line the staircase, snogs are shared on lumpy sofas and gossip is exchanged. The windows are covered with multicoloured fabrics to ward off prying eyes. Suddenly, as the vibes start to flag, the music cuts out and a voice bellows: “You’re having the time of your lives, remember!”

The voice belongs to the director Wash Westmoreland; the very real house – situated next to the noisy A308 – stands on the grounds of Bray Studios in Berkshire. As for the partygoers, well … they’re some of the most famous young faces on the planet.

National Audit Office says system needs to be upgraded before it is extended to ease strain on overcrowded prisons

The rapid expansion of electronic tagging to reduce pressure on prisons will put public safety at risk without robust improvements to a system already under significant strain, the UK’s public spending watchdog has warned.

The number of people in England and Wales being electronically monitored has doubled to 28,700 over five years, and is estimated to rise to 22,000 tagged each year from 2027 under government plans to combat the prison capacity crisis by managing more offenders in the community.

Military intelligence officer admits witnessing killing of woman believed to have left explosive device outside oligarch’s home

The case of a suspected bomber accused of targeting a Ukrainian oligarch has taken another murky turn, after details of her subsequent murder were revealed in court with evidence suggesting the involvement of Kyiv’s intelligence agencies.

French police last week named Anastasia Berezovska as the person captured on CCTV leaving a rucksack outside a Monaco apartment block. It blew up, injuring the Ukrainian businessman Vadym Iermolaiev as he emerged from the building with his partner and their 13-year-old child.

Media figure and former senator died overnight at home, with radio station 3AW leading tributes

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Derryn Hinch, the former journalist and senator, has died aged 82.

Hinch had reportedly been in poor health since a recent fall.