North of England Power Shift: UK PM Andy Burnham officially opened “No 10 North” in Manchester, promising a more balanced country and at least one day a week working from the new base as devolution plans gather pace. Cost Pressures & Monetary Outlook: With June inflation reported at 2.6%, markets are watching Middle East-driven oil risks; a Reuters poll suggests most expect Bank of England rates to stay put, while mortgage advisers warn relief may not arrive soon. Business Rates Relief: Burnham’s 20% cut to business rates for pubs, clubs and live music venues is landing as a welcome first step for hospitality, though some landlords say it won’t be enough without wider support. Retail & Jobs: Nothing has started cutting jobs globally as it trims costs after rapid hiring, with around 25 roles at risk in marketing and most UK-based. Energy & Infrastructure: Independent broadband providers are pushing for clearer ministerial ownership after DSIT was scrapped, warning telecoms is the delivery mechanism for AI and public services. Tech & Funding: Humanoid, a UK robotics firm, raised US$152m in Series A to push commercialisation of industrial humanoids. Wealth & Tax Debate: More than 120 UK millionaires backed a “Proud to Pay” push urging higher wealth taxes, arguing the richest can afford it. Local Growth Stories: Worcester was named the UK’s top city for creatives, while Aldi published a list of Scottish areas it’s “actively seeking” new stores in.