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Treasury Department to take over some student loans

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Treasury Department to take over some student loans

WASHINGTON (AP) — The U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency.

Under an agreement announced Thursday, the Treasury Department will take over management of student loans whose borrowers are in default, meaning they are months behind on payments. Those loans add up to about $180 billion, or 11% of the government’s $1.7 trillion student loan portfolio.

Eventually, the Treasury Department is to take responsibility for all student loans, according to the agreement. A second phase with no timeframe says Treasury will “assume operational responsibility” over non-defaulted loans, “to the extent practicable.”

Breaking off the student loan operation would mark the biggest step yet in closing the department, which President Donald Trump ordered to be dismantled almost exactly a year ago. Many Americans know the department mostly for its role doling out grants and loans for college, and those streams of funding are by far the agency’s largest.

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Borrowers do not need to do anything as the change goes through, the administration says. They will continue to work with the same loan servicer and repay their loans the same way.

The 17-page agreement outlines a stunning realignment of the nation’s federal student loan programs, which have been overseen by the Education Department since it was created more than 40 years ago.

The agreement “marks an intentional and historic step toward breaking up the Federal education bureaucracy and dramatically improving the administration of Federal student aid programs,” Education Secretary Linda McMahon said in a statement.

In justifying the change, Trump officials said the Education Department is “ill-equipped” to handle such a big loan portfolio. They blamed the Biden administration for focusing on efforts to cancel student loans rather then help borrowers get back on track with payments. Officials cited recent data showing that fewer than half of all borrowers are currently making payments on their loans, with almost a quarter in default.

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Opponents raise concerns about borrower confusion

The agreement is likely to invite legal challenges. Some opponents note that federal law requires student loans to be overseen by the Education Department. Trump officials believe they’ve found a workaround by framing it as a partnership, with some components, including the policies underpinning student loans, remaining at the Education Department.

Student loan advocates condemned the move, saying it only adds to confusion as the Trump administration overhauls student loan programs.

“The Department of Education has issued a dizzying series of rule changes that make it harder for borrowers to figure out what their options are on their federal student loans,” said Kyra Taylor, an attorney at the National Consumer Law Center. She warned that any errors in loan collection would have “devastating effects on families.”

The move is part of Trump’s campaign to shutter the Education Department, an agency he says was overrun by liberal thinking. Only Congress has authority to close the department, but Trump officials are picking it apart through a series of inter-government agreements that relocate the department’s operations to other federal offices.

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The future of the government’s enormous student loan portfolio has been one of the biggest unanswered questions. At her Senate confirmation hearing, Education Secretary Linda McMahon called Treasury a “natural” place for student loans. Trump later said they would be overseen by the Small Business Administration.

Conservatives have tried previously to move student loans

During Trump’s first term, his education chief talked about setting up a semi-private bank to manage student debt. The conservative Heritage Foundation promoted something similar in its Project 2025 plan, calling for a new “government corporation with professional governance and management.”

The Treasury Department often has been discussed as an option, yet student loans are seen as a particularly complex form of debt and some question whether the agency has the right technical expertise. In a 2015 pilot, Treasury tried to collect payments from a sample of thousands of borrowers in default. Its success rate was lower than that of the private collection agencies contracted by the Education Department.

Federal student loan borrowers are typically considered in default if they haven’t made a payment in more than 270 days. About 9.2 million Americans are in default on student loans, according to Education Department data released this month. Going into default can bring a heavy hit to credit scores, and the government can withhold pay and Social Security benefits.

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The latest deal from the administration indicates a willingness to open up the hood of student loan operations at a perilous moment. About 12 million Americans are behind on federal student loan payments in some way, and the industry is bracing for a potentially historic surge in loan defaults as pandemic-era protections come to an end.

Earlier this year, Trump officials postponed their plans to restart involuntary collections on defaulted loans, which could have meant withheld earnings for millions of Americans. It’s seen as a politically volatile issue during a tough midterm year where affordability is already on voters’ minds.

___

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

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Broken down vehicle in A64 from Hull Road to the A19

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Broken down vehicle in A64 from Hull Road to the A19

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UK weather: Temperature rollercoaster as chilly nights follow warm days

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Sunshine reflecting off the water and bridge with a line of colourful row boats lined up on the bank

The UK experiences some of its largest diurnal temperature ranges in early spring due to a combination of factors.

By March and April the sun is much higher in the sky and the days are lengthening, allowing more energy to be delivered and more efficiently. After the long winter, however, the ground and lower atmosphere remain chilly allowing rapid overnight cooling.

Clear skies underneath a spring high pressure systems can increase this contrast further.

At night heat is lost quickly and until the spring equilux, the nights are still longer than the days, all leading to cold mornings.

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During the day as the sun rises, those same now sunny skies allow rapid warming as the sun is more directly overhead, leading to warm afternoons.

Dry air heats and cools more quickly than humid air and this can further widen the temperature gap.

These factors combine to increase our diurnal temperature range during the early stages of spring, especially during settled, sunny spells with light winds.

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‘We bought our dream family home in Scots village but it has turned into a nightmare’

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Daily Record

Kings Meadow Estate in Gorebridge, Midlothian, was sold as a dream location for young families to settle down and call home.

Families in a small Scots village have slammed a property developer over a raft of ‘failed promises.’

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Kings Meadow Estate in Gorebridge, Midlothian, was sold as a dream location for young families to settle down and call home.

However, as reported by Edinburgh Live, it soon turned into a nightmare. Those moving to the area claimed they were sold the promise of an accessible enclosed play park at the heart of the scheme alongside a football pitch – but homeowners say Persimmon have failed to deliver.

Residents also claim to have been plagued with various road issues with images showing the area filled with potholes. Locals also claimed they were promised traffic lights at this entrance junction years ago and these have yet to be fitted.

Persimmon bosses have accepted ‘outstanding works are yet to be delivered’ and have vowed to take action and have apologised to residents.

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Mum-of-four Laura D’Arcy, 37, who bought a house on Limefield Gardens six years ago, described being ‘abandoned’ and ‘ignored’ by the developer. She said: “It feels like once the homes were built, Persimmon just upped and left, and that was it. They left us with an unusable park and roads; this is not what we were promised.

“The park is a couple of sticks with some rope sticking out of the ground. The site isn’t safe, there are sheets of metal lying around and boulders sticking out of the ground.

“My oldest kids were nine and seven when we moved in. Now they are 15 and 13, they have never had a park for their childhood. On a beautiful day there are no children playing there. Parents and kids know the site is dangerous.

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“For the past six years we have also been fighting for Persimmon to fix the roads. At first they said the roads were Midlothian Council’s responsibility, but the council claimed it was up to Persimmon – we have been passed from pillar to post.

“No one is listening to us. Cars are being damaged and there have been so many near accidents close to the primary school due to the state of the road.

“I’ve had to have several tires replaced. There are multiple potholes and the surface of the road is crumbling.

“We were also promised traffic lights at the entrance junction because it is so hard to get in and out. If the state of the roads don’t get your car then there is every chance you get hit trying to leave the estate.”

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Laura, who works in hospitality, explained that when she bought her home in the area, properties ranged between £180,000 and £370,000. She feels those who bought homes at Kings Meadow have not had value for money.

Plans for the development of the estate have been shared with Edinburgh Live, and they depict spaces for a football pitch and a play area. No football pitch has been fitted and a play area is in place however residents argue it falls well below the standards they were originally promised.

Sean Hanlon, 39, stays at Kings Meadow with his family, he spent years leading a campaign for residents to see improvements in the area. He said: “This is the second Persimmon home we have bought.

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“The first was just across the road and there were a lot of issues. But we saw on the news they had made lots of changes, so we thought it can’t be as bad this time?

“But we were wrong. When we moved in it was absolutely dreadful, they have got worse, not better.”

A Persimmon Homes spokesperson said: “We recognise that there are outstanding works required at our Kings Meadow development and would like to apologise to residents for the inconvenience this is causing. We recently met with Midlothian Council to review the site in detail and are currently developing a coordinated plan to address the concerns that have been raised.

“Road surfacing works at the site entrance are due to begin next week and once the full plan has been finalised, we will update residents on the actions being taken and the expected timelines for completion.”

A Midlothian Council spokesman said: “The roads and pavements in the Persimmon Homes Kings Meadow development in Gorebridge have not yet been adopted by Midlothian Council. As is standard practice, the developer remains legally responsible for completing all required infrastructure works before adoption can take place.

“Persimmon Homes has committed to delivering improvements to the junction and surrounding areas, including installing traffic lights and pedestrian crossing facilities. The timing and completion of these works are entirely the responsibility of Persimmon Homes and are outwith the control of the council.

“In the meantime, the council continues to carry out temporary repairs on the sections of road that fall under our ownership until they are resurfaced as part of Persimmon’s capital works. The area where vandalism has occurred lies solely within Persimmon Homes’ responsibility.”

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Millions of DWP PIP claimants urged to ‘have their say’ as deadline set

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Daily Mirror

Nearly 4 million people receiving Personal Independence Payment are being urged to share their views

Millions of benefit recipients are being encouraged to voice their opinions on the future of Personal Independence Payment (PIP), as ministers kick off a significant review with a strict deadline for responses.

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The Department for Work and Pensions (DWP) has confirmed that the initial phase of the Timms Review is now in progress, with a nationwide “call for evidence” open until May 28, 2026. In a post on X, the DWP said: “The Timms Review steering group wants to hear your views on the future of PIP. The first step in the group’s engagement – a Call for Evidence – is now open.”

Nearly 4 million claimants could be impacted

The review could have extensive implications, as PIP currently assists nearly 4 million individuals in England and Wales with additional disability-related costs. Ministers assert that the exercise aims to ensure the benefit remains “fair and fit for the future” as demand continues to escalate.

The call for evidence is open to a broad audience – including disabled individuals, carers, clinicians, charities and MPs – with the Government eager to collect as much feedback as possible before formulating recommendations.

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What ministers are scrutinising

The review will investigate whether PIP is still functioning as intended over a decade after its introduction in 2013.

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Key areas under consideration include:

  • Whether PIP is fulfilling its primary objective
  • If assessments offer fair access to support
  • Variations in claimant experiences among groups
  • How societal and workplace changes have influenced eligibility

These themes underpin the review, which is set to report back in the autumn.

READ MORE: WASPI campaign issues ‘we will need support’ update in compensation fightREAD MORE: Lloyds, Halifax and Bank of Scotland ‘alarming breach of data confidentiality’ update

‘Vital’ to hear from claimants

Sir Stephen Timms, Minister for Social Security and Disability, called on people to participate, saying: “It is vital that as many people as possible have the chance to contribute.”

He further urged: “I encourage anyone with experience of the PIP system… to submit their views.”

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Co-chair Dr Clenton Farquharson highlighted that the benefit has a “profound impact” on individuals’ daily lives, independence and dignity.

Review co-chair, Sharon Brennan, said: “It is essential for the success of this review that we hear frank and honest views from as many disabled people, carers, advocates and others as wish to participate. That’s why this Call for Evidence is just the start of our engagement plans, which will be wide and varied to ensure people can offer their views in a way that works for them.”

Deadline set for responses

The consultation concludes at 11.59pm on May 28, 2026, after which submissions will be scrutinised by the review’s steering group. Officials indicate this is merely the first phase, with additional opportunities to contribute anticipated as the work advances.

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Why it matters

For millions of households, PIP payments serve as a crucial financial lifeline, assisting with extra costs associated with long-term health conditions.

As claimant numbers keep rising and the system faces mounting scrutiny, the review’s findings could determine the direction of disability benefits for years ahead.

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Travellers move on to Tesco car park in Middlebrook

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Travellers move on to Tesco car park in Middlebrook

The caravans have parked up at Tesco car park in Middlebrook, Horwich.

There are round 10 caravans on site currently.

They moved on today into the corner of car park.

There were around 10 caravans in the area, with trolleys being used to store items (Image: Dan Dougherty)

There were no adults visible near the caravans at around 3pm, though several youngsters were present in the area.

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As well caravans there were several cars and SUVs.

There were also several bikes and electric scooters lying around the area, on which some of the children were playing.

Trolleys from the trolley-bay were being used to store items and litter.

The caravans appeared in the Middlebrook Tesco car park on March 19 (Image: Dan Dougherty)

A witness, who did not want to be named, said: “The caravans just parked there today, they were not there last night.

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“The kids are all playing around.”

This is not the first time caravans have been spotted in the area, last occurring in November 2024.

The supermarket is open for business with shoppers being able to park in other bays.

Tesco have been approached for comment.

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More than 700 whistleblower cases in NI in five years, report finds

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Belfast Live

The largest category of classified concerns relates to potential fraud or maladministration

Northern Ireland bodies have made “notable progress” in handling whistleblowers but there “remains scope for improving culture”, the head of the NI Audit Office has said.

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A new report has evaluated mechanisms put in place by organisations including central government departments, local councils and health trusts to deal with concerns raised.

The Comptroller and Auditor General Dorinnia Carville’s report on Raising Concerns in the Northern Ireland Public Sector follows a number of high-profile cases associated with raising concerns in recent years.

The report released on Friday notes that more than 700 concerns have been raised across the public sector in the last five years.

The largest category of classified concerns relates to potential fraud or maladministration. In cases where investigations were completed, only 10% of the concerns raised were upheld.

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All government departments now have updated policies and a designated officer in place to deal with whistleblowing, which was seen as positive.

However, areas for improvement were also identified, including the need for development of specialised, investigative skills, to ensure that all concerns are appropriately treated.

The report also calls for more sharing of good practice and reflection on what works between organisations, and stronger leadership across public sector organisations on raising concerns.

The report highlights that in many government departments ‘speak up champions’ are not in place, despite this being a requirement of the 2023 framework.

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Commenting on the report’s findings, Ms Carville said a “healthy and positive culture around raising concerns is essential to ensure transparency, integrity and accountability within the public sector”.

“It helps organisations detect issues early, avoid costly mistakes, and improve service delivery for the public,” she said.

“The 2023 NI Departments’ Raising a Concern Policy Framework was a very significant and welcome step forward.

“However, public sector leaders should continue to treat this as a priority and ensure their staff are informed, skilled and supported to raise concerns they have as well as manage those they receive.

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“Alongside this report today, I am delighted to publish an updated Good Practice Guide on Raising Concerns to support public sector bodies and their employees.

“This guide, together with the recommendations in my report, will help central and local government assess their current arrangements and create the environment where raising concerns is encouraged, welcomed and managed effectively.”

For all the latest news, visit the Belfast Live homepage here and sign up to our daily newsletter here.

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Iran-US war latest: Trump denies he’s sending troops to Iran as Netanyahu says Israel acted alone in gas field strikes

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Iran-US war latest: Trump denies he’s sending troops to Iran as Netanyahu says Israel acted alone in gas field strikes

Qatar shares guidelines for worshippers going to Eid al-Fitr prayer

Qatar has shared guidelines for worshippers going to Eid al-Fitr prayer services amid the Iran war:

  • Arrive at services early to avoid traffic
  • If a mosque is full, go to another mosque. Don’t pray outside
  • If a national warning is issued, those inside a mosque should remain in place. Those outside a mosque should go to the nearest building.
  • At the end of prayer services, leave the mosque in an orderly fashion, avoiding crowding and pushing.

Eid al-Fitr marks the end of Ramadan, the most sacred time of the year for Muslims.

Rachel Dobkin20 March 2026 02:00

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UAE says it disrupted ‘terrorist network’ backed by Hezbollah and Iran

The United Arab Emirates has said it disrupted ”a terrorist network funded and operated by” Iran and Lebanon’s Iranian-backed militant group, Hezbollah, the Associated Press reported.

The UAE said the arrested terrorist network operatives were “operating within the country under a fictitious commercial cover and sought to infiltrate the national economy and carry out external schemes threatening the country’s financial stability.”

Rachel Dobkin20 March 2026 01:34

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In pictures: Day 20 of Iran war

Debris from a house is seen on March 19 in Baalbek, Lebanon (Getty Images)
People shop at a market in preparation for Nowruz, or Persian New Year, celebrations on March 19 in Tehran, Iran
People shop at a market in preparation for Nowruz, or Persian New Year, celebrations on March 19 in Tehran, Iran (Getty Images)
Activists attend an anti-war protest in Tel Aviv on March 19
Activists attend an anti-war protest in Tel Aviv on March 19 (AFP via Getty Images)

Rachel Dobkin20 March 2026 01:00

Iran’s women’s soccer team greeted by fans in Tehran

Members of Iran’s national women’s soccer team were greeted by fans in Tehran as they returned home.

“First of all we are so happy to be in Iran, because Iran is our homeland,” midfielder Fatemeh Shaban said, per the Associated Press.

A couple of players decided to remain in Australia amid the war.

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Rachel Dobkin20 March 2026 00:31

Father of US service member killed in Iran war denies telling Pete Hegseth to ‘finish’ the job

The father of US service member killed in Iran war said he did not tell Pete Hegseth to “finish” the job, NBC reports.

Defence secretary Mr Hegseth met privately on Wednesday with the families of six American service members who have died in the Iran war.

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About that, he said: “What I heard through tears, through hugs, through strength and through unbreakable resolve was the same from family after family. They said, ‘Finish this. Honour their sacrifice. Do not waver. Do not stop until the job is done.’”

Charles Simmons’s 28-year-old son Tech. Sgt. Tyler H. Simmons was among the six crew members killed when their refueling plane crashed last week.

Mr Simmons said: “I can’t speak for the other families. When he (Mr Hesgeth) spoke to me, that was not something we talked about.”

Dan Haygarth20 March 2026 00:00

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Why Israel’s attack on the South Pars gas field in Iran is such a major escalation

Israel struck the vital gas field in a move that drew condemnation from both Iran and Qatar, a close ally of the US, who share the facility.

In retaliation, Tehran struck multiple energy facilities across the Gulf, including Qatar’s Ras Laffan Industrial City, where an estimated 115,000 people work.

Dan Haygarth19 March 2026 23:45

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Netanyahu said Israel acted alone in attack on gas field

Speaking about the attack on Iran’s South Pars gas field, a major escalation of Israel’s war on the country, Benjamin Netanyahu this evening told a press conference: “Israel acted alone against the gas compound.

“President Trump asked us to hold off on future attacks and we’re holding out.”

Mr Trump was earlier asked whether he spoke with Mr Netanyahu after Israel attacked Iran’s South Pars gas field.

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“I did, I did, I told him: ‘don’t do that’,” the US president said.

“We’re independent, we get along great, it’s coordinated. But on occasion, he’ll do something, and if I don’t like it… so we’re not doing that anymore.”

Dan Haygarth19 March 2026 23:32

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EU leaders to ask Brussels to help on energy price surge linked to Iran war

EU leaders will ask the European Commission to help their countries take temporary nd targeted measures to curb the surge in energy prices triggered by the Iran war, according to draft joint conclusions seen by Reuters.

The draft document also said any measures should maintain long-term investment incentives, support faster deployment of renewables and safeguard fair competition in the EU’s internal market.

Dan Haygarth19 March 2026 23:30

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Iran oil attacks trigger 35% gas price spike – and warning of interest rate rises

Britain is to “step up” defensive support for Gulf states after Iran attacked energy sites across the region in a “serious escalation” of the war that could push up inflation and interest rates.

The price of Brent crude climbed as high as $119 a barrel and European gas prices briefly surged by 35 per cent after Iran pounded Qatar’s Ras Laffan energy hub and other Middle Eastern oil and gas infrastructure with missiles.

Interest rates were held at 3.75 per cent instead of the previously expected cut, as the Bank of England warned that the war could push inflation as high as 3.5 per cent by July on the back of rising energy bills, and that rates could rise – creating misery for homeowners.

Dan Haygarth19 March 2026 23:00

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US fighter jet forced to make emergency landing and is first plane hit by Iranian fire since start of war

A US fighter jet was forced to make an emergency landing in the Middle East after it was reportedly struck by Iranian fire.

“We are aware of reports that a U.S. F-35 aircraft conducted an emergency landing at a regional U.S airbase after flying a combat mission over Iran,” Capt. Tim Hawkins, a spokesperson for U.S. Central Command, told The Independent.

“The aircraft landed safely, and the pilot is in stable condition,” Hawkins added. “This incident is under investigation.”

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Daniel Haygarth19 March 2026 22:45

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Tailgating at football matches to become criminal offence

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Fans along Wembley way before the Euro 2020 final between England and Italy

Entering a football match in England and Wales without a ticket will become a criminal offence under new laws that come into force before Sunday’s Carabao Cup final between Arsenal and Manchester City at Wembley.

Offenders will face a football banning order of up to five years, as well as a fine of up to £1,000.

The legislation has been introduced as a result of the serious disorder that marred the European Championship final between England and Italy at Wembley in July 2021, when thousands of fans forced their way into the stadium.

The new act is designed to clamp down on ‘tailgating’ – where supporters without tickets make their way through turnstiles by staying close behind legitimate ticket-holders.

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It will also be illegal to knowingly attempt to gain entry using forged tickets, passes and accreditation documents, or by posing as a member of staff.

Until now, there have been no specific legal penalties for entering a football match without a ticket, with supporters that are caught doing so tending to be ejected without any further punishment.

“Football fans should be able to enjoy the game without feeling unsafe or threatened,” said policing minister Sarah Jones.

“We’re giving the police the tools they need to ensure the chaos we saw at Wembley five years ago never happens again.

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“Anyone who endangers others by forcing their way into stadiums faces serious consequences.”

A Football Association (FA) commissioned report led by Baroness Louise Casey said the disorder at the Euro 2020 final could have led to deaths.

It found that about 2,000 people got into the match illegally, with 17 mass breaches of disabled access gates and emergency fire doors.

The Unauthorised Entry to Football Matches Act follows Baroness Casey’s findings that sanctions on breaking into stadiums were weak, and that tailgating should become a criminal offence.

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Italy beat England on penalties in the final to be crowned European champions.

England, Wales, Scotland and the Republic of Ireland are co-hosts of Euro 2028.

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The One Show host says ‘we won’t be here’ ahead of schedule change

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Wales Online

BBC stars Alex Jones and Roman Kemp detailed a schedule change to The One Show

There’s set to be another change to the BBC schedule this week as The One Show won’t air on Friday night (March 20).

Over the past few weeks, the broadcaster has seen many changes made to its usual shows due to various sporting events. Now, viewers are set to miss an episode of The One Show as Alex Jones and Roman Kemp signed off for the week on Thursday night.

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Before wrapping up, Alex said, “We won’t be here tomorrow because, of course, Comic Relief is on at 7 o’clock on BBC One.”

Waving to their viewers, Roman confirmed the programme will resume as usual on Monday night (March 23).

The annual charity event, which has been dubbed the UK’s biggest night of comedy and entertainment, is back once again.

READ MORE: The Repair Shop experts speechless as Welsh guest shares connection to Beatles starREAD MORE: BBC shares heartbreaking first-look at powerful new drama

For three hours, BBC viewers will see hilarious sketches, live performances, big surprises and stunning music acts whilst raising much-needed cash for good causes at home and across the world.

Presenting the event will be Davina McCall, as she’ll be joined by the likes of Joel Dommett, Nick Mohammed and Katherine Ryan, not to mention many more special guests such as Catherine Tate as Nan.

Ahead of the night, Davina McCall was live from Salford as she spoke to Alex and Roman about what viewers can expect.

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She said: “Idris Elba will be reprising his role as DCI John Luther alongside a starry line-up in the Bank Job sketch.

“If Margot Robbie and Jacob Elordi’s Wuthering Heights got you a bit hot under the collar, wait until you see John Richardson and Katherine Ryan’s interpretation.”

There’ll also be the return of Amandaland, a sketch with Dermot O’Leary and Alison Hammond and a world exclusive of Traitors: The Movie: The Sequel, with an iconic cast.

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During the show, people will also see BBC Radio One star Greg James end his epic tandem challenge, which he started last Friday.

With an aim to raise funds, Greg has embarked on a 1000km cycle, starting in Weymouth and ending in Edinburgh.

The One Show is available to watch on BBC iPlayer.

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Iran war unleashes ‘world energy shock’ and ‘King of the coast’

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Iran war unleashes 'world energy shock' and 'King of the coast'
The headline on the front page of the Daily Telegraph reads: "Saudis threaten strikes on Iran."

Saudia Arabia is threatening to strike back at Iran after it targeted oil and gas sites across the Gulf, the Daily Telegraph says. The paper features a warning from the Saudi foreign minister who said patience with Tehran was running out and the country will “reserve the right to take military actions if deemed necessary”. Elsewhere, a smiling King Charles III is pictured opening a new coastal path named in his honour that stretches around the entire coast of England.

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