Writing the summary…
Britain needs cash and everyone knows we should break the pensions triple lock. Where is the courage? | Gaby Hinsliff

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UK government borrowing jumps over forecast to £18.3bn in August as ‘fiscal straightjacket’ tightens – business live
Rolling coverage of the latest economic and financial news The cost of servicing the UK’s national debt has hit a record high for any August, as rising inflation drove up interest payments. Today’s public finances show that central government debt interest bill was £8.8bn in August – the highest August figure since monthly records began in 1997. Higher debt servicing costs absorb a greater share of government revenues, reducing fiscal room and leaving the public finances more exposed to future economic shocks. “A better near-term borrowing outturn would help, but it would not remove the pressure created by higher government borrowing costs. Thirty-year gilt yields recently reached their highest level since 1998, which matters because it raises the cost of long-term financing at a time when fiscal room is already tight. While higher gilt yields do not feed through into debt interest costs
Oil rises amid worries of growing Iran-U.S. tensions after Bessent issues Iranian airline shutdown warning
Oil rose Tuesday, amid concerns of growing Iran-U.S. tensions. after U.S. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines will be shut down from Wednesday.
All Iranian airlines to be 'shut down' from Wednesday, Bessent tells CNBC
The Treasury Secretary said that Washington was pressuring Iran "like never before"
Alibaba shares jump as new AI chip, data center buildout plans unveiled
Alibaba shares jumped 3% in Hong Kong on Tuesday as the tech giant unveiled a new AI chip and plans to sharply expand its global data center capacity
U.S. strikes Greenland deal for 'permanent control over security,' will send forces to Danish dog-sled outpost and reopen Cold War base: report
Trump said the agreement with Greenland and Denmark would give the U.S. "permanent control over security" in the Danish island territory.

The rise of Big Toothbrush: how did our mouths become such a lucrative market?
People in the UK are more interested in oral health than ever - and you can now buy prebiotic toothpastes and brushes that cost up to £600. Yet we remain in the midst of a serious dental crisis A December 1969 report from the consumer magazine Which? explored a relatively new gadget that, it predicted, many people would be giving as Christmas presents: the electric toothbrush. For those who hadn’t yet seen one, the magazine described it as “not that much different in principle from an ordinary brush – you have a stick with a brush on the end. The difference is that an electric one moves the brush head for you”. Progress indeed. Nearly six decades on, electric toothbrushes can do a lot more than merely jiggle, offering multiple speeds and movement sensors for real-time tracking of where you’ve brushed – some even promise gum-massage or tongue-cleaning modes. Prices range from about £25 fo