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AFX Launches Sovereign Layer 1, Providing an Optimized Execution Environment for On-chain Perp DEXes
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Pantoro guidance miss, Catalyst hedges ounces
GOLD WRAP: Pantoro Gold shares slid as the junior goldminer blamed several factors for a guidance miss, while peer Catalyst Metals has notably moved to hedge ounces.
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Welfare cuts: What’s been happening with Pip and universal credit?
In March 2025, the government announced plans to tighten daily living assessments for both current and future Pip claimants.
However, after more than 120 Labour MPs threatened to vote against the legislation, the government said those already receiving Pip would not be affected.
The original proposals said that people with the highest levels of a permanent condition or disability would no longer have to be reassessed at all.
The assessments involve questions about everyday tasks, with each scored from zero, for no difficulty, to 12, for most difficulty.
For example, needing help to wash your hair, or your body below the waist scores two points, but needing help to wash between the shoulders and waist is worth four points.
The government said originally that anyone claiming Pip for the first time after November 2026 would have to score at least four points for a single activity, rather than across a range of different ones.
However, this change was delayed until the wider Timms review of Pip. The final report – which will include recommendations – is due in the autumn.
The cost of Pip is forecast to rise to more than £41bn by 2030. The cuts originally proposed by the government aimed to save about £5.5bn a year by the end of the decade.
However, the Institute for Fiscal Studies (IFS) and Resolution Foundation said the concessions made by the government meant it would make no “net savings” by 2029-30.
Business
2 Popular REITs Down 50%, 1 Strong Buy, And 1 Yield Trap
Jussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that consults hedge funds, family offices, and private equity firms on REIT investing. He has authored award-winning academic papers on REIT investing, has passed all three CFA exams, and has built relationships with many top REIT executives.
He is the leader of the investing group High Yield Landlord, where he shares his real-money REIT portfolio and transactions in real-time. Features of the group include: three portfolios (core, retirement, international), buy/sell alerts, and a chat room with direct access to Jussi and his team of analysts to ask questions. Learn more.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of REXR, FR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Taiwan’s Trade Surplus Falls Short Of Lofty Expectations In June
holgs/E+ via Getty Images

By Lynn Song, Chief Economist, Greater China
Taiwan’s export growth moderated in June
Taiwan’s export growth slowed to 40.3% year-on-year in June, down from 51.7% YoY in May. This came in weaker than forecasts (market: 49.9%, ING: 46.9%), though this level obviously still represents
Business
Baird reiterates Costco stock Outperform on strong June sales

Baird reiterates Costco stock Outperform on strong June sales
Business
Review: Willow Bridge delivers the classics
REVIEW: Those who take the Ferguson Valley turnoff on a trip south won’t be disappointed when they visit Willow Bridge Estate.
Business
THD: The Shining Star Of The ASEAN ETF Pack Faces A Tricky Outlook
THD: The Shining Star Of The ASEAN ETF Pack Faces A Tricky Outlook
Business
How can you get air conditioning in your home and how much does it cost?
Costs range widely depending on what is wanted and/or required.
Portable units are the cheapest form of air con, ranging from £350 to £650 on average, depending on the brand and performance, according to Checkatrade., external
However, as demand has soared in recent weeks some retailers began selling the cooling machines for £149, as Lidl did in its infamous middle aisles.
Wall mounted or split air con units can cost between £750 and £1,100 each, Checkatrade says – but that is just the unit, and does not include the labour and other installation costs, such as hooking it up to the property’s electricity fuse board. Installation company Heatable suggests, external a full cost is typically £2,000 to £3,500, but can go up to £6,000 if you want to have it in more than one room.
Ducted air con systems cost the most, between £990 and £1,750 without installation costs, according to Checkatrade. Fitting the ducting or remedial work to hide it inside properties means it is likely to be more expensive than any of the other systems given the level of work involved. Heatable estimates it to be between £5,000 and £10,000, depending on the property size, layout and how complex the ductwork needs to be.
The size of both split and ducted units are determined by what is known as the BTU (British Thermal Unit), Checkatrade says, to ensure it will cool the space it’s required to. The larger the BTU number, the bigger the room to cool, and therefore the more expensive the unit.
Following installation, consumer group Which? suggests the running costs “vary wildly” and depend on the type of system.
“A typical portable air conditioner adds roughly 25p to 40p an hour to your electricity bill,” it says.
Business
Why is Stellantis stock sliding today?

Why is Stellantis stock sliding today?
Business
Wolfe Research downgrades Ryan Specialty stock rating on valuation

Wolfe Research downgrades Ryan Specialty stock rating on valuation
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