Gold Price Hits Two-Month High After Mostly Stagnant Summer

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The price of gold hit its highest level since early June on Wednesday, breaking out of what has been a largely stagnant summer for the precious metal, with analysts crediting the price increase to the Treasury Department's liquidity support announcement and a weakening dollar.

Can Andy Burnham tame the power of the ‘Treasury brain’ to boost growth?

Andy Burnham is far from the first prime minister to dream of taming the power of the mighty Treasury.

Boris Johnson all but forced the resignation of Sajid Javid by handpicking his team; Margaret Thatcher favoured her economic adviser Alan Walters over Nigel Lawson, prompting the latter’s furious resignation; Tony Blair and Gordon Brown’s power struggle was the stuff of Whitehall legend.

NATO ‘prepared’ to defend allies amid report of Iranian strike plans

Military alliance says it will ‘do what is necessary’ amid media report Iran considered strikes against US targets in Europe.

NATO says it is prepared to address threats over possible Iranian attacks on United States military targets in Europe as Bulgaria has increased security measures at the Bezmer Air Base.

Couple who died with their daughter off Sussex coast named by police

A father, mother and their teenage daughter who died off the Sussex coast on Tuesday have been identified.

Sussex police named the victims as Hassan El-Khawas, 55, his partner, Zeina Alayn, 37, and their 14-year-old daughter, Sara El-Khawas. A younger girl who was also part of the family is in hospital in a critical condition. She has not been named.

Target receives $1bn boost from Trump tariff refunds

Target has revealed it has received almost $1bn (£733.9m) in tariff refunds from the US government which boosted the retailer's latest profits.

The American chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income doubling to $2.6bn from $1.3bn last year.