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Reeves eyes Gulf trade pact as UK government’s ‘next deal’ after EU summit – business live

Published: May 20, 2025 07:13

China’s and Australia’s central banks cut interest ratesRachel Reeves said the UK government is closing in on a trade pact with six Gulf nations, including Qatar and Saudi Arabia, as its next major deal.The chancellor told the BBC the agreement would be…

Post Office data leak: hundreds of Horizon victims offered up to £5,000 compensation

Published: May 20, 2025 07:04

Payments to be made to post office operators whose details were published online, according to reportHundreds of former post office operators will reportedly be compensated by the Post Office after it accidentally leaked their names and addresses in June…

Keir Starmer hails UK’s reset deal with EU as a ‘win-win’

Published: May 19, 2025 18:31

British prime minister says ‘Britain is back on the world stage’ but faces criticism from rightwing BrexitersKeir Starmer has vowed his EU reset deal will deliver cheaper food and energy for British people, heralding a “win-win” as he sealed the…

Perrier owner scrutinised after France reportedly covered up illegal water filter treatment

Published: May 19, 2025 18:02

Report finds Nestlé used purification treatments that were unauthorised for natural mineral waterFrance’s lucrative mineral water industry is under scrutiny after a report by the senate found the French government had covered up a scandal over illegal…

This new EU deal is great for Britain. Now, Labour, focus on the future, not on Farage | Polly Toynbee

Published: May 19, 2025 16:53

Cheaper food, passport e-gates, youth exchanges – we are finally on a path to repair the colossal damage Brexit has doneCircle the wagons: Europe draws together confronting an enemy to its east and a rogue state to its west. “Everything has changed,” said…

Alarm over US government’s burgeoning debt rattles markets

Published: May 19, 2025 16:07

Bond yields rose and the dollar weakened as Trump administration tries to play down significance of setbackNews that the US has lost its last triple-A credit rating and fresh concern over the US federal government’s burgeoning debt pile unnerved markets on…

Bankrupt DNA testing firm 23andMe to be purchased for $256m

Published: May 19, 2025 14:24

Drugmaker Regeneron Pharmaceuticals will buy the genetic testing firm through a bankruptcy auctionThe drugmaker Regeneron Pharmaceuticals will buy the genetic testing firm 23andMe Holding for $256m through a bankruptcy auction, the companies said on…

From fishing to Erasmus: what the UK’s deal with the EU will mean

Published: May 19, 2025 13:50

Keir Starmer has billed the agreement as a hat-trick after his India and US deals – here’s how things are likely to pan outUK politics live – latest updatesMonday’s deal between the UK and the EU has been almost a year in the making but it is long on hope…

Trump’s tax cut bill advances in rare weekend vote but conservatives demand more changes

Published: May 19, 2025 11:49

Republicans passed tax cut and border security package out of key House committee in Sunday voteUS politics live – latest updatesUS House Republicans narrowly advanced Donald Trump’s big tax cuts package out of a key committee during a rare Sunday night…

Stock markets drop after US credit rating downgraded by Moody’s – business live

Published: May 19, 2025 07:43

Rolling coverage of the latest economic and financial newsUS credit rating downgrade could add to pressure on government debtThe pound has now risen to its highest level against the US dollar in almost two weeks., as the greenback continues to slide…

How has Britain’s economy fared since Brexit? The five charts underpinning the UK-EU summit

Published: May 19, 2025 05:00

Almost a decade after the referendum, there are challenges to be tackled at Monday’s gathering hosted by Keir StarmerKeir Starmer is hosting the first UK-EU summit since Brexit on Monday as the government pushes to “reset” the relationship with Britain’s…

Weakening of UK EV sales rules ‘likely to result in significantly more carbon emissions’

Published: May 19, 2025 04:00

Analysis suggests there could be 500,000 additional plug-in hybrid electric cars on Britain’s roads by 2030The UK government’s weakening of rules on electric car sales is likely to result in significantly more carbon emissions as sales of plug-in hybrids…

UK ‘may need 92,000 extra public workers if fall in productivity continues to 2030’

Published: May 18, 2025 23:01

Report suggests Rachel Reeves could be forced to spend £5.1bn if last year’s downward trend continuesThe chancellor, Rachel Reeves, could be forced to spend more than £5bn and employ 92,000 extra workers across the public sector if declines in productivity…

EU ministers call for coordinated action on Russian ‘shadow fleet’ in Baltic Sea

Published: May 18, 2025 16:15

Fleet of tankers sailing under flags of convenience estimated to carry up to 85% of Russia’s oil exportsCalls to step up and coordinate the interdiction of the unflagged Russian “shadow fleet” of oil tankers in the Baltic Sea were made this weekend before…

US treasury secretary says Walmart will ‘eat some of the tariffs’ after Trump demand

Published: May 18, 2025 15:59

Scott Bessent claims he received assurance in a personal call with company’s chief executiveThe US retail giant Walmart will “eat some of the tariffs” in line with Donald Trump’s demands, the president’s treasury secretary Scott Bessent insisted on Sunday,…

The Guardian view on Labour’s competition policy: don’t let big tech set the agenda | Editorial

Published: May 18, 2025 15:00

Ministers seem to think a more conciliatory approach to corporate behemoths is good for growth. The evidence suggests otherwiseGovernments chase private investment. Few ask who really benefits. Recently, Labour has been genuflecting to the tech industry in…

‘I feel free’: the people who quit office jobs for the great outdoors – and would never go back

Published: May 18, 2025 11:00

Fed up with being inside all day? Missing fresh air and nature? Five people who ditched their desks reveal the truth about their new livesSteve Kell, 59, countryside ranger, Warwickshire Country Parks I always loved being in nature. But I didn’t know what…

This pause in the trade war will be brief. Small businesses, plan accordingly

Published: May 18, 2025 11:00

Trump’s animosity towards China isn’t going to disappear, and his past actions do not bode well for a quick resolutionDonald Trump’s massive Chinese tariffs are on pause. The media debated. Wall Street rejoiced. Many of my clients breathed a sigh of…

A Labour lost in the weeds can’t rebuild this country. Starmer must regain his nerve | John Harris

Published: May 18, 2025 11:00

Labour has good ideas and years left to change Britain. Why is it acting as if its time is almost up? Just under a week on from Keir Starmer’s latest pronouncements about immigration, plenty of people on his own side are still gripped by a queasy sense of…

Elton John says UK government being ‘absolute losers’ over AI copyright plans

Published: May 18, 2025 09:47

Songwriter says he thinks it is a ‘criminal offence’ to let tech firms use protected work without permissionSir Elton John has called the UK government “absolute losers” over proposals to let tech firms use copyright-protected work without permission.The…

Apple to launch new accessibility features for people with vision or hearing impairments

Published: May 18, 2025 06:44

Features launching later this year to include live captions, braille reader improvements and accessibility ‘nutrition labels’ in the app storeApple has announced a broad range of new accessibility features for iOS focused on people with vision or hearing…

UK train companies could have to pay disabled passengers more compensation after rule change

Published: May 18, 2025 06:00

Regulator says claims over failures no longer limited to the cost of a ticket in bid to toughen accessibility rulesRailway operators in the UK could soon have to pay out far greater sums in compensation to disabled passengers left unable to access trains…

‘Too big to fit in your mouth’: sunny spring delivers crop of ‘giant’ UK strawberries

Published: May 18, 2025 05:00

‘Perfect’ weather conditions produce berries that growers say are between 10% and 20% bigger than usualThe UK’s sunny spring weather has provided “perfect” conditions to produce strawberries so big you “cannot fit them in your mouth”, UK growers have…

‘Fight back and don’t let them win’: Pedro Pascal responds to Trump’s attacks on artists – video

Published: May 17, 2025 15:38

The actor urged artists to keep expressing themselves after the US president called singer Bruce Springsteen a 'pushy, obnoxious JERK' on his social media platform Truth Social. Pascal was in Cannes on Saturday promoting his new film Eddington, directed by…

UK government dropped health push after lobbying by ultra-processed food firms

Published: May 17, 2025 15:19

Exclusive: Guardian investigation reveals guidance for retailers in England changed after campaign by global food firmsGovernment legal guidance urging retailers in England to offer millions of consumers deals and discounts on minimally processed and…

How Donald Trump’s ‘historic’ Gulf state deals benefit a handful of powerful men

Published: May 17, 2025 12:00

The deals stand to enrich tech CEOs substantially by opening up new audiences for their productsOn his tour of the Middle East this week, Donald Trump announced a slew of multibillion-dollar tech deals with the leaders of Saudi Arabia, the United Arab…

Gone in 40 days: how Trump’s ‘liberation day’ tariff assault unraveled

Published: May 17, 2025 09:00

The impact of those six chaotic weeks, from higher prices to slowing growth, is still unfolding, and the story continuesDonald Trump hailed a new chapter in the US’s economic history on 2 April, dubbed “liberation day” by his administration, as he…

It’s not a rich list – it’s gone far beyond that. We need to talk about ‘extreme wealth’ | Dhananjayan Sriskandarajah

Published: May 17, 2025 08:00

We recognise extreme poverty as ruinous, but this turbo-charged affluence is deeply damaging too. Treat it as suchDhananjayan Sriskandarajah is chief executive of the New Economics Foundation and author of Power to the PeopleOnce again, it’s the Hinduja…

Which Trump tariffs are active, which are paused and what’s next?

Published: May 17, 2025 06:00

The US president has introduced an evolving slate of tariffs over the last few months. Here’s their current statusOver the last few months, Donald Trump has introduced a confusing and evolving slate of tariffs against specific countries and industries that…

Families of victims appalled as Boeing seems likely to avoid prosecution over 737 Max crashes

Published: May 16, 2025 16:36

Trump’s justice department is considering a non-prosecution agreement, through which Boeing would not need to plead guiltyBoeing is set to avoid prosecution in a fraud case sparked by two fatal crashes of its bestselling 737 Max jet that killed 346 people,…

Trump says US will unilaterally set new tariff rates for scores of countries

Published: May 16, 2025 13:24

President says letters revealing rates will be sent out within weeks as Washington lacks capacity for individual dealsBusiness live – latest updatesDonald Trump has said the US will send letters to some of its trading partners to unilaterally impose new…

In California’s deep-red north, voters startled by pace of cuts – but they’re still backing Trump

Published: May 16, 2025 13:00

President remains popular in conservative Shasta county despite plans to cut health, recreation and veteran servicesDonald Trump’s administration has sought to remake the federal government at a breakneck pace. In far northern California – where he has…

Up to 700,000 migrants do not have UK eVisas, days before deadline

Published: May 16, 2025 12:49

Problem-hit Home Office online system is replacing physical proof of right to work and live in BritainHundreds of thousands of people have still not registered for eVisas, leaving them without the means to prove their immigration status just days before…

Elon Musk’s AI firm blames unauthorised change for chatbot’s rant about ‘white genocide’

Published: May 16, 2025 10:32

xAI’s Grok bot repeatedly referred to widely discredited claim about South Africa that has been touted by Donald TrumpElon Musk’s artificial intelligence company has blamed an “unauthorised modification” for a glitch in its Grok chatbot that resulted in…

Number of UK billionaires falls after market turmoil, but King Charles’s wealth jumps – business live

Published: May 16, 2025 08:00

Rolling coverage of the latest economic and financial newsIgor and Dmitry Bukhman, the Russian-born brothers who founded mobile gaming company Playrix, top the list of the wealthiest people under the age of 40 in London.Playrix has produced popular mobile…

Poor building standards add £1,000 to energy bills of new homes, analysis finds

Published: May 16, 2025 04:00

About £5bn more spent than if rules for low-carbon new-builds had not been scrapped in 2016, ECIU thinktank findsPeople living in newly built homes are being hit with energy bills that are nearly £1,000 a year higher than need be because of the poor…

Trump announces more than $200bn of deals between US and UAE

Published: May 15, 2025 23:40

Pledge to strengthen ties with Gulf state includes a $14.5bn agreement with Boeing, GE Aerospace and Etihad AirwaysDonald Trump has announced deals totaling more than $200bn between the United States and the United Arab Emirates, including a $14.5bn…

Delay farmer inheritance tax changes ‘to allow for better formulation’, say MPs

Published: May 15, 2025 23:01

Report says proposals ‘threaten to affect most vulnerable’, who would be helped by more time to seek adviceA group of influential MPs has urged the government to delay controversial planned changes to inheritance tax for farmers to “allow for better…

Divine intervention against cold callers | Brief letters

Published: May 15, 2025 16:48

Scammers’ souls | Peter Sullivan | ‘The enemy within’ | Strangers to whom? | State ownership of newspapersYears ago I decided to interrupt cold callers (Letters, 11 May) and say: “Just a minute. Let us pray. O heavenly Father, who sees into our hearts. You…

Is Burberry’s job-slashing shake-up enough to save the troubled brand?

Published: May 15, 2025 16:05

‘Lacklustre’ designs and a slowdown in the luxury goods market have taken a heavy toll on the British fashion labelThis week’s news that Burberry is cutting 1,700 jobs after a 117% fall in profits is, of course, terrible for affected employees around the…

Walmart will have to raise prices this month due Trump tariffs, executives say

Published: May 15, 2025 12:44

Retailer expects annual sales to continue to rise but ‘we aren’t able to absorb all the pressure given the reality of narrow retail margins’, CEO saysWalmart will have to start raising prices later this month due to the high cost of tariffs, executives…

Just ignore all the myths about low traffic neighbourhoods: they’re popular, effective and here to stay | Izzy Romilly

Published: May 15, 2025 10:11

After the high court ruled one high-profile scheme unlawful, it is important to make the case for LTNs. Luckily, there is a strong one to makeHope springs eternal among those who have long opposed low-traffic-neighbourhood (LTN) anti-pollution schemes…

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