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Windows 11 is finally, definitely official after being announced at Microsoft's big event on June 24. Microsoft CEO Satya Nadella made sure to tell everyone at the event that this was the first version of a new era for Windows. A very early build of Windows 11 had leaked before the event, showcasing a refreshed look and a new name, we finally got to see the new user interface and new features officially. While Microsoft had in the past said that Windows 10 was going to be the only version of its operating system for years to come, it's now been around for six years, and this new update brings significant features to help justify the jump to a new number. Since the announcement, there has been confusion as to the requirements of what Windows 11 needs for your PC, mainly due to a mix of a TPM hardware component and a tool, but it looks as though there won't be a need to worry if your PC meets its requirements. With a refreshed look, widgets, a new focus on gaming and more, there's plenty in Windows 11 that makes it a substantial update over Windows 10.

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When the Ferrari 458 Italia succeeded the F430, we said that it set a new standard for supercars and that it was arguably Maranello’s greatest achievement. It’s certainly one for kids’ bedroom walls, and even now, more than a decade after the 458 was introduced, its mid-mounted 562bhp 4.5-litre atmo V8 is a tasty proposition for a second-hand toy – if you can afford it. The Pininfarina-penned 458 was launched in 2010 with performance on a par with the hallowed F40, although it was touted as the ‘junior’ Ferrari of the time, being positioned just above the entry-level California at a somewhat meagre £175,000. As is always the way, optional extras added substantially to the cost, with some cars commanding a premium of up to £40,000 for goodies including racing seats, Alcantara headlining and a carbonfibre steering wheel. We’ve moved on slightly in terms of point-to-point pace since then, but the 458 remains stupendously fast in a real-world sense, capable of getting from 0-62mph in 3.3sec and mustering a top speed of 210mph. It made use of Ferrari’s seamless seven-speed dual-clutch automatic gearbox, and the accessibility of its reserves set the car apart from rivals, with its redline at 9000rpm and 80% of its peak power available from just 3250rpm. Such was the praise on the car’s release that customers who had managed to get their hands on a 458 were quickly attempting to flog them for £25,000 more than their original list price (and often succeeding). In 2013, the exclusive 458 Speciale arrived, complete with coveted central racing stripe and, more excitingly, a power hike to 597bhp. Technological upgrades included a carbonfibre undertray, upgraded ceramic brakes, magnetic dampers, a new diffuser and uprated anti-roll bars. The Speciale was so hardcore that even its windows were made thinner, yet Ferrari’s Side Slip Angle Control (SSC) system gave it a level of accessibility for all drivers brave enough to get behind the wheel. As you would expect from a supercar, most used examples of the 458 have relatively low mileage but will no doubt have been driven eagerly and potentially even on track. Colour combinations, mileage and the number of owners can contribute to reduced prices, which now start from around £115,000 – not pocket change, of course, but enticing for an old V8 Ferrari with new V12 Ferrari levels of performance.

France's far-right National Rally (RN) has failed to win its first ever region, as results from the second round of regional elections come in. Provence-Alpes-Côte d'Azur was a target for Marine Le Pen's party. But exit polls suggest its hotly-tipped candidate lost to the centre-right Republicans. The election - which saw a potentially record low turnout of less than 30% - also brought disappointment for President Emmanuel Macron. His centrist party, La République En Marche (LREM), also failed to win control of any region. It also performed badly in the first round, which was held last week. It was the first time President Macron's party has taken part in regional elections, as it did not exist the last time they were held in 2015. Ms Le Pen sought to win one of France's mainland regions for the first time in a bid to boost her presidential election hopes in 2022. But early results from the second round suggest wins for traditional centre-right parties, and for the left. In Provence, RN candidate Thierry Mariani lost to Republican candidate Renaud Muselier. With 75% of votes counted, Mr Muselier was more than 10% ahead of Mr Mariani. "Tonight we have chosen the fate of a free region," Mr Muselier tweeted. Left-wing candidates withdrew from the race in the region to help the Republican defeat Mr Mariani. Ms Le Pen accused her rivals of forming "unnatural alliances" to block her and her party from power. "[They] did all they could to keep us out and prevent us from showing the French our capacity to lead a regional administration," she told supporters. The Hauts-de-France region around Calais in the north had also been earmarked as a potential gain for Ms Le Pen's RN, but was won by conservative Xavier Bertrand. "The far-right has been stopped in its tracks and we have pushed it back sharply," he told his supporters after the polls closed.

It follows a report in the Sunday Times that former health secretary Matt Hancock potentially breached guidelines by using his personal email account. Labour's deputy leader Angela Rayner called it a "shady practice" and said it could "conceal vital information". The Department of Health and Social Care (DHSC) said ministers conducted business through departmental emails. The newspaper said it had seen documents that suggested Mr Hancock had "routinely used a private account to conduct government business", while junior health minister Lord Bethell also used his personal email address. It could mean that the government does not hold complete records of the former health secretary's decision-making during the pandemic, including on matters such as PPE contracts, Test and Trace and the government's care home strategy. Ms Rayner has called for the recovery of any emails relevant to a public inquiry into the pandemic response. In a letter to the cabinet secretary - the top civil servant - and the information commissioner, she demanded to know whether private emails had been used to discuss government contracts and if their use might have potentially broken the law. She wrote that the "shady practice" had the potential to "conceal vital information". "We need to know how wide this goes and how much government business is being conducted in secret," she said. Cabinet Office guidelines state that where government business is conducted using private email addresses, steps should be taken "to ensure the relevant information is accessible". One guideline states that a copy should be sent to a departmental email address - for record-keeping purposes, but also so it can be requested under the Freedom of Information Act. A DHSC spokesman said: "All DHSC ministers understand the rules around personal email usage and only conduct government business through their departmental email addresses." According to the Sunday Times, the minutes from a meeting between senior officials in the DHSC in December showed that David Williams, who was then the department's second permanent secretary, warned that Mr Hancock "only" dealt with his private office "via Gmail account". The paper reported that Mr Williams said the secretary of state "does not have a DHSC inbox" and that health minister Lord Bethell also "routinely uses his private inbox", but that official accounts had been provided afterwards. He said he "doesn't believe there were inappropriate acts on behalf of ministers but can clearly see the optics suggest otherwise". Mr Hancock resigned as health secretary on Saturday after pictures of him kissing his colleague, and DHSC non-executive board member, Gina Coladangelo in the departmental building.

igh in the mountains of southern Peru lies Quellaveco, a vast open-pit copper mine. It is one of the world’s largest untapped deposits of the red metal. Anglo American, a mining giant and its majority owner, has, along with another investor, spent over $5bn getting it up and running. It is expected to come online in 2022. Once operational it will add more than 10% to the copper output of Peru, the world’s second-biggest producer of the stuff In the past when commodity prices were surging, as they have been of late (see chart 1), the world’s miners would be piling into projects like Quellaveco. This time the notable thing about it is its uniqueness. Few of the diversified mining behemoths—Anglo American, bhp, Glencore, Rio Tinto and Vale—have big new mines in the works. That is partly because of the industry’s long lead times; Anglo bought Quellaveco in 1992. But other forces, too, lie beneath the subdued investment. They will have consequences for the mineral-intensive energy transition towards a climate-friendlier world. The big five miners consolidated their market power with a spate of huge mergers in the 2000s, just in time for China’s emergence as a voracious consumer of metals. The result was a 15-year supercycle of high prices. Miners splurged around $1trn chasing higher volumes and mega-projects. Many proved disastrous—perhaps a fifth of that investment was returned to shareholders, according to one estimate. After a round of firings, a new generation of mining bosses promised to do better. In the past few years value, not volume, became the industry’s watchword. “We will never lose our capital discipline,” vows Eduardo Bartolomeo, boss of Vale

That’s pretty much a best-case scenario. That means the Volkswagen Golf R that you’ve put £35,000 into will be worth £21,000 after 36 months, so it will cost you close to £5000 in depreciation alone every single year. No matter how you buy your new car – with cash, on finance or on a lease contract – you as the first owner will bear that cost. You can reduce your depreciation liability by buying a second-hand car, perhaps one that is already three years old and has slipped down the steepest part of the depreciation curve with somebody else’s name on the V5 document.

In a letter to the PM he said the government "owe it to people who have sacrificed so much in this pandemic to be honest when we have let them down". Boris Johnson said he was "sorry" to receive the resignation. Former chancellor Sajid Javid has said he is "honoured" to have been chosen as Mr Hancock's replacement. Mr Hancock had been under increasing pressure to quit, after the Sun published pictures and then a video of Mr Hancock and Gina Coladangelo, who are both married with three children, kissing. The newspaper said they had been taken inside the Department of Health on 6 May. Several newspapers have reported that Mr Hancock has ended his 15-year marriage to his wife, Martha. The BBC understands that the reports are accurate. Fellow Tory MPs, as well as Labour and the Covid-19 Bereaved Families for Justice group, had called for the health secretary to be sacked and a senior Tory figure told the BBC that many MPs had told their whips on Saturday that he ought to resign. BBC political editor Laura Kuenssberg said No10 had stressed that it had been Mr Hancock's decision to go and that he had not been pushed out by the prime minister. She said Ms Coladangelo was also leaving her role as a non-executive director of the Department of Health.

He was previously promoted to chancellor upon Boris Johnson's arrival in Downing Street in July 2019. Mr Javid served as home secretary under former prime minister Theresa May. He was chancellor for just six months - making him the shortest serving chancellor since Iain Macleod, who died shortly after taking office in 1970, according to the Institute for Government. Mr Javid quit just under a month before he was set to deliver his first Budget in February 2020. The November 2019 Budget was cancelled because of the snap election. Matt Hancock resigns after breaking Covid guidance Sajid Javid resigns as chancellor The MP for Bromsgrove since 2010 was born in Rochdale, one of five sons of parents who had moved to the UK from Pakistan. Mr Javid, a 50-year-old father of four, told the Evening Standard in 2012: "My dad was from a tiny village in Pakistan and came here when he was 17 to look for work. "He settled in Rochdale and became a cotton-mill worker for Courtaulds. But he was quite ambitious, and saw that bus drivers were better paid. His nickname was Mr Night and Day because he used to work every hour God sent his way." Mr Javid's father's job was the same as the dad of another high-profile politician, London Mayor Sadiq Khan, and he congratulated the Labour politician "from one son of a Pakistani bus driver to another" after his City Hall victory in 2016. Mr Javid spent his school years in Bristol after his parents took over a ladieswear shop there, with the family living in a two-bed flat above it. He told the Daily Mail in 2014 that the school was tough and "I was naughty, more interested in watching Grange Hill than homework." But, he said, things changed when his dad read the riot act. "He said 'this is what I went through, don't let me down'. I felt really bad. My academic work rocketed." He said that his school did not want to pay for him to do maths O-Level - his dad ended paying for it instead. He had also developed an interest in financial markets, sparked by the Thatcher government's privatisations. At the age of 14 he went to see his father's bank manager and arranged to borrow £500 to invest in shares, becoming a regular reader of the Financial Times. His goal became to work in the City so he passed that maths O-Level and, rejecting his school's suggestion he become a TV repair man, headed off to sixth form college and then to Exeter University to study economics and politics - giving a clear hint of his future career direction. He also met his future wife, Laura, while doing a summer job at Commercial Union. They sat opposite each other and shared a stapler, he told the Daily Mail. Their four children are privately educated: "We do what's best for them," Mr Javid, who has described himself as a non-practising Muslim, told the newspaper. After university, he set his sights on a job in the City. As he told the Standard: "Some people, in a friendly way, tried to lower my expectations. "They often tell you that unless you wear an old school tie or have the family contacts, you just won't get a chance to work in the City. But they were wrong."

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What goes up must come down, except when we’re dealing with high-performance cars like the E46- generation BMW M3 CSL and the McLaren 12C, one of which has gone down then up in value while the other has dropped steadily. The result is that these two disparate machines can now be had for the same outlay. The BMW cost £58,455 new in 2003 and dipped as low as £20k in the jaws of the financial crisis, but last April, a 10k-miler sold online for £73k plus fees. The McLaren 12C retailed at £168,500 on its debut a decade ago, but of 12 examples listed on a classifieds site, seven are £68k-£70k with 15k-40k miles. You can buy a 12C for more, a CSL for less, but there’s sizeable overlap where both are contenders for a £70k pot of cash. You’ve already guessed a 12C costs more to run, but imagine if one business had years of experience with both, was more affordable than dealer networks, was willing to detail common faults and could provide directly comparable running costs. One place does: Thorney Motorsport, near Silverstone. Owner John Thorne built his reputation with M3s, often on the race track, and branched out into VXR Vauxhalls via the Lotus Elise-based VX220. Vauxhall even appointed Thorney Motorsport an official troubleshooter for cars that dealers struggled to rectify. Thorne has personally raced in the BTCC and has built Yamaha factory chassis for the Dakar rally raid. Six years ago, Thorney moved upmarket into McLarens, identifying it as a niche that didn’t have the independent aftersales support of, say, Porsches or Ferraris. Thorne has run his own 12C for six years, taking it apart to learn more. He was, he says, astonished by the comparison with the VX220: “An 11-man team designed the 12C and nine of them were involved with the VX220 at Lotus. You can definitely see that in how they’re put together, even if the materials are different.” Currently, Thorney has 350 McLarens on its books, making it the biggest buyer of McLaren parts outside the UK dealer network, with a £300k annual spend. Typically, Thorney deals with 12C geometry that’s easily knocked out of alignment, or wear items like upper arms, lower arms and Z-bar links. There are, of course, horror stories, including gearbox failure related to input shaft issues. McLaren replaces the gearbox for £27k, but Thorney has developed its own driveshaft seals, input seals and bearings and, says Thorne, “we can now repair any gearbox around the world for £7500”. Cam phasers are prone to wearing, especially if engines are revved hard before fluids are warmed or run low on oil. That’s a top-end rebuild for £10k. So, yes, 12C ownership can be ruinous if things go really wrong.

The number of people listed as missing remains at 159, officials say, with four people known to have died. At least 102 people have now been accounted for, but it is uncertain how many were inside when it came down. Questions are now growing about what caused the building to collapse. Speaking on Friday, Governor DeSantis said the focus remained on finding survivors. But he called for a "timely" explanation for what happened, adding they needed to know "if this is a bigger issue, or something unique to the building". Miami-Dade County Mayor Daniella Levine Cava said at a press conference on Friday night she was hopeful they would find survivors overnight. "We have hope because that's what our search and rescue team tells us, that they have hope," she told reporters. Rescuers are working in rotation with a limited number allowed on site at any one time to prevent any further collapse, she said. Teams from Mexico and Israel have also reportedly arrived to help with the search. As night fell on Friday, the fire rescue service warned people nearby to stay indoors due to the "smoky conditions".

Consumer price inflation hit a two-year high of 2.1% in the year to May, exceeding the Bank's 2% target. In its latest statement, the Bank's Monetary Policy Committee (MPC) said it expected inflation to go above 3% "for a temporary period". The MPC voted 9-0 to keep interest rates steady at the historic low of 0.1%. Rates have been unchanged since March last year, when they were reduced to help contain the economic shock of Covid-19. "Financial market measures of inflation expectations suggest that the near-term strength in inflation is expected to be transitory," the Bank said. 2px presentational grey line Analysis box by Faisal Islam, economics editor High inflation is "transitory" and has not yet affected the need for ongoing stimulus of the economy - that is the judgement of the Bank of England's key interest rate-setting committee. The recovery around the world has been stronger than expected and the UK's growth prospects this year have been upgraded. House prices are strongly up in the year. However, uncertainty over the impact on the economy of the withdrawal of furlough support, the new pandemic variant and other factors means they are keeping their foot on the accelerator pedal. Only departing chief economist Andy Haldane sounded a note of caution, saying the Bank should buy £50bn less in government bonds. He was again outvoted 8-1. The bounce back is certainly real, but there is a statistical fog about what actually happens in this unprecedented situation. The Bank's decision-makers have decided to wait and see what actually happens to jobs and growth, rather than act now on inflation. The reopening bounce back is not a boom. Not yet. 2px presentational grey line The Bank said it now expected the UK economy to recover faster than it had previously predicted. It said output in June was now expected to be about 2.5% below its pre-Covid level. "Output in a number of sectors is now around pre-Covid levels, although it remains materially below in others. The housing market remains strong, and indicators of consumer confidence have increased," it said. Inflation fears grow as UK factory prices surge