Watchdog says legal challenges from Consumer Voice and three lenders ‘create fresh uncertainty for millions of consumers’Business live – latest updatesThe UK financial watchdog is facing four legal challenges against its £9.1bn compensation scheme for victims of the motor finance scandal.The Financial Conduct Authority (FCA) said that it will defend the scheme “robustly” as the “fastest, simplest route for consumers and the most efficient way for firms to put things right”. Continue reading...
Profits ahead of expectations but almost half of £283m impairment charge follows forecast reassessmentBusiness live – latest updatesNatWest said the economic fallout from the conflict in the Middle East could cost it £140m amid slowing growth and rising inflation even as it reported profits ahead of expectations.Overall, the FTSE 100 lender booked a £283m impairment charge and said that almost half of that was because of a reassessment of its economic forecast to “reflect increased geopolitical risk and weaker equity markets”. Continue reading...
EnComm Aviation says the firm’s action has cut off vital support for crisis-hit countries including South Sudan and the DRCBritain’s biggest weapons manufacturer, BAE Systems, is facing a £120m lawsuit after scrapping support for aircraft used to deliver aid to some of the world’s neediest countries.EnComm Aviation, a Kenya-based aid cargo operator, claims the decision forced the cancellation of humanitarian contracts and reduced supplies to South Sudan, now threatened by famine, Somalia and the Democratic Republic of the Congo (DRC), among others. Continue reading...
Defense secretary to be quizzed by lawmakers on Senate armed services committee after bad-tempered session in House yesterdaySign up for the Breaking News US email Hello and welcome to our US politics coverage as Pete Hegseth faces a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity to confront or praise the Pentagon chief over his handling of the Iran war.The defense secretary battled with Democrats - and some Republicans - yesterday during a nearly six-hour House armed services committee hearing, where he faced questioning over the war’s costs in dollars, lives and the diminishing stockpiles of critical weapons.US economic growth likely accelerated in the first quarter on a rebound in government spending after a crippling government shutdown. The anticipated increase in gross domestic product last quarter also would reflect robust growth in business investment in equipment, fueled by an artificial intelligence spending boom and the building of data centers underpinning the technology. Figures will be out at 8.30am ETKing Charles and Queen Camilla are expected to make stops in Virginia before wrapping up their US visit back at the White House on Thursday with a formal farewell from Trump. Charles will then travel solo to Bermuda on his first visit as king to a British overseas territory.Senate minority leader Chuck Schumer said that Democrats will once again force a vote on a war powers resolution on Iran, the sixth time in recent weeks. “This week, Democrats will force a vote on our war powers resolution for the sixth time. We’ll continue to force votes every week as this war rages on,” Schumer said from the Senate floor.The House approved a three-year reauthorization of a divisive US surveillance program ahead of its expiration on Friday, adding new oversight measures but stopping short of the warrant requirement that critics have demanded. A large group of Democrats joined most Republicans in passing the bill by a 235-191 vote.Trump once again reinforced his feelings towards James Comey in a social media post. Commenting on the accusation that the former FBI director called for him to be killed after posting a picture of some seashells in a pattern showing 86 47, Trump wrote: ““86” is a mob term for “kill him.” They say 86 him! 86 47 means “kill President Trump.”James Comey, who is a Dirty Cop, one of the worst, knows this full well! EIGHT MILES OUT, SIX FEET DOWN! Didn’t he also lie to the FBI about this??? I think so!”. Trump is the 47th president of the US.The US supreme court’s conservative majority struck down a major element of the Voting Rights Act which protects against racial discrimination in redistricting, in a ruling that paves the way for aggressive gerrymandering in states across the nation that could affect elections for years to come.The Florida Legislature approved a new congressional map intended to maximize Republicans’ advantage in the state as part of the national redistricting battle that Republicans launched ahead of this year’s midterms.Outgoing Federal Reserve chair Jerome Powell said he will stay on as a central bank governor when his leadership term ends in just over two weeks.The Department of Justice announced on Wednesday that three anti-ICE protesters have been charged with allegedly assaulting Savannah Hernandez, a rightwing video journalist who was shoved to the ground during a skirmish with three members of a family outside an immigration detention facility in St Paul Minnesota this month. Continue reading...
• Gas prices have surged above $4 per gallon and flights skyrocketed as the Strait of Hormuz blockade impacts energy markets amid the US-Israel war with Iran, eroding Trump's key political advantage.
• More than three-quarters of registered voters—including over half of Republicans and 82% of independents—now blame Trump for the cost-of-living crisis affecting fuel, groceries, housing, and healthcare.
• Trump's second-term approval ratings have fallen far faster than previous presidents after a government shutdown, tariffs, and the joint US-Israel attack on Iran, with Federal Reserve Chair Jerome Powell warning the war is fueling inflation.
Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflictBritain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir Starmer’s government, a leading thinktank has warned.The National Institute of Economic and Social Research (Niesr) said that even under a best-case scenario the UK economy would grow at a much slower pace this year and next because of the Middle East conflict. Continue reading...
‘Critical debate’ about party’s identity and direction looms if it loses control of Senedd next month after 27 years in powerWelsh Labour is the democratic world’s most successful election-winning machine, coming first in Wales in every general election since 1922 and every devolved election since 1999. Come next month’s Senedd election, however, this history-making run is expected to end.Labour’s collapse has left a vacuum, and former Labour voters are going to opposite ends of the political spectrum. Plaid Cymru and Nigel Farage’s Reform UK are neck and neck in the latest poll, although coalition maths make it highly unlikely Reform would be able to form a government. Continue reading...
• The Taliban government announced restrictions on international health NGOs operating in Afghanistan on Monday, citing concerns over 'political interference' and threatening revocation of licenses for non-compliant organizations.
• Medical organizations warned that the restrictions would devastate maternal and pediatric health services, particularly in rural areas where international agencies provide 70 percent of healthcare capacity.
• The U.S. State Department condemned the move as undermining humanitarian efforts and expressed concern for vulnerable populations, with officials exploring alternative delivery mechanisms for critical medical assistance.
China sold goods worth about $148bn to EU in first quarter of year, but imported just $65bnThe EU is experiencing a prolonged “China shock” as a flood of Chinese EVs into Europe helped push Beijing to a record surplus with the bloc.New data showed China’s trade surplus – where its exports to the EU exceeded imports from the bloc – was $83bn (£61bn) in the first three months of 2026. Continue reading...
• Months after restoring federal family planning funding, Missouri's only Title X grantee program now confronts fresh challenges from U.S. Sen. Josh Hawley.
• The program provides essential reproductive health services amid ongoing political debates over federal support for family planning initiatives.
• This development underscores persistent tensions in U.S. public health policy regarding access to contraception and reproductive care funding.
Peers and campaigners say proposal for three-year window to impose controls breaks promise of quick actionPeers will vote on Monday on a government move that could delay action on children’s access to social media for up to three years, which has triggered a backlash from campaigners and senior figures in the Lords.Ministers tabled an amendment to the children’s wellbeing and schools bill that would allow them to wait before introducing new restrictions, Critics warn it risks watering down earlier commitments to act within months and could result in only limited interventions such as parental controls rather than sweeping measures on access. Continue reading...
Darren Jones suggests cost of energy, food and flights will remain high after de-escalation and Hormuz strait reopensThe UK faces higher prices for food and fuel for at least eight months after the war in Iran ends, a minister has said. The closure of the strait of Hormuz, a key shipping lane that carried a fifth of global oil and gas, has sent oil prices soaring since the US and Israeli attacks on Iran began in February. Darren Jones, the chief secretary to the prime minister, said the conflict would probably continue to raise prices for energy, food and flights in the coming months as potential issues around energy supplies affect production, rather than lead to shortages on supermarket shelves. The UK government has urged motorists to fill up their cars as usual amid higher prices at the pumps and for air travellers not to change their plans over potential jet fuel shortages. Jones told the BBC’s Sunday with Laura Kuenssberg programme: “You’re going to see prices go up a bit as a consequence of what Donald Trump has done in the Middle East. “That’s probably going to come online not just in the next few weeks, but the next few months. There’s going to be a long tail from this.” Asked how long higher prices might remain, Jones suggested it would be around eight months after the strait of Hormuz was unblocked and a de-escalation of the conflict had taken place. “I think our best guess is eight-plus months from the point of resolution that you’ll see economic impacts coming through the system,” he said. Donald Trump announced an indefinite extension of the US ceasefire with Iran last week that paused most of the fighting, but further efforts towards ending the conflict have been unsuccessful after the US president told his envoys not to travel to Pakistan for talks at the weekend. The UK government is stepping up planning for how to offset the impact, focusing on the live monitoring of stock levels and what plans are in place for addressing supply chain disruption. Jones said: “The government here in the UK, the work that I’m doing with the prime minister is looking at all of those things and saying, ‘What can we do within our power to help people to get through those difficult times?’” The government is also looking to secure stocks of carbon dioxide, which is used in the food industry and by breweries to make drinks fizzy, as well as for defence purposes and medical uses such as MRI scanning. Jones said he was seeking to ensure there was an adequate supply of beer for fans watching the men’s football World Cup which starts on 11 June. He said: “I raised this issue because if there is a problem with jet fuel on holidays and carbon dioxide on beer, the summer might be pretty depressing for people, but we’re doing everything we can to make sure that it’s not the case.” The Liberal Democrats have called for a bill to be included in the next king’s speech in May to put food security at the top of the government’s agenda. Continue reading...
Shareholders including the Church of England back call for protest votes against the bank’s chair NatWest is at risk of an embarrassing showdown at its shareholder meeting this week, as investors and leading scientists call for an urgent reversal of what they describe as “climate backtracking”.Campaigners, including ShareAction, are calling for protest votes against the bank’s chair, Rick Haythornthwaite, at its annual meeting in Edinburgh on Tuesday. Continue reading...
• The World Food Programme declared a humanitarian emergency in Ethiopia's Somali and Afar regions Friday, warning that sustained drought has destroyed crops and livestock herds, leaving 9.4 million people facing acute food insecurity.
• Local authorities reported a 60% crop failure compared to last year; malnutrition rates among children under five have climbed to 18%, approaching famine thresholds, WFP spokesperson stated.
• The organization called for immediate international funding to deliver emergency rations and establish feeding centers, noting that conflict in neighboring regions has already strained Ethiopia's humanitarian response capacity.
Some familiar, arcane terms are returning to the fore as the Tories study the tactics Labour used against Boris JohnsonThe lexicon of a British parliamentary scandal is arcane.As Keir Starmer fights to remain prime minister, he has had to respond to a “humble address”, had his judgment picked over during an “emergency opposition day debate” and now faces the ignominy of a “privilege motion”. Continue reading...
• The New York Mets snapped a 12-game losing streak Wednesday night with a 3-2 victory over the Minnesota Twins at Citi Field, ending their two-week-long skid when Luke Weaver struck out Byron Buxton for the final out.
• Shortstop Francisco Lindor was removed from the game with left calf tightness after scoring from first base in the fourth inning and will undergo an MRI to determine the extent of the injury.
• The victory marks a crucial turnaround for the struggling Mets, who had not won since early April and faced mounting pressure during their extended drought.
• US military missile inventories, including Tomahawks, Patriots, and THAAD interceptors, are depleting faster than production rates amid the Iran war launched February 28, 2026.
• President Trump extended the Iran truce, prompting questions on whether it's a diplomatic move or a pause to resupply amid sustainability concerns.
• The conflict, triggered by US-Israeli airstrikes killing Supreme Leader Ali Khamenei, has led to Iranian retaliation and Strait of Hormuz closure, disrupting global oil supplies.
• The US Treasury Department announced targeted sanctions against 15 military leaders and three jade trading companies linked to Myanmar's junta, citing credible evidence of systematic ethnic persecution against Rohingya and other minorities.
• The sanctions block access to the US financial system and freeze assets estimated at $40 million, with the State Department formally classifying the military's actions as crimes against humanity.
• International human rights bodies praised the measures but noted they represent a limited response, calling for broader multilateral action and ICC referral to hold perpetrators accountable.
Health secretary says ‘I had nothing to do with the measles outbreak’ and claims to support measles and MMR vaccinesHealth secretary Robert F Kennedy Jr faced intense questioning from several US senators on Wednesday during a hearing largely focused on how the administration has responded to the measles outbreak and the spread of vaccine misinformation.In his opening remarks to the Senate finance committee, the senator Ron Wyden criticized Kennedy’s messaging on vaccines, saying: “When it comes to vaccines, Robert Kennedy has used this once-in-a-lifetime platform to make parents doubt themselves and doubt their doctors,” before adding: “The secretary has ducked, bobbed and weaved without taking the responsibility of saying what needs to be said: vaccines save lives in America.” Continue reading...
Police seek warrant for Bang Si-Hyuk over allegations he illegally gained millions in investor fraud schemeSouth Korean police said on Tuesday they were seeking to arrest Bang Si-Hyuk, the chair of the agency behind the K-pop band BTS, as they expand an investigation into allegations that he illegally gained more than $100m (£74m) in an investor fraud scheme.The Seoul metropolitan police agency confirmed it had asked prosecutors to request a court warrant for arresting Bang, founder and chair of HYBE. Continue reading...
A documentary about Peter Sichel – the ‘Jewish James Bond’ who died in 2025 – includes striking mea culpas about the cost and efficacy of US involvement in the Middle EastIn New York social circles, he was known as the “Jewish James Bond”: a refugee from Nazi Germany whose gratitude to his American hosts was such that he volunteered to join the US army and became the CIA’s first station chief in Berlin as a mere twentysomething, filing early warnings about Soviet activity that have been credited with ringing in the cold war.Like 007, Peter Sichel also appreciated a fine tipple, and after leaving the US foreign intelligence service it was he who briefly turned a sweet German white, Blue Nun, into one of the best-selling wines in the world. Continue reading...
Senior government figures fear decision to appoint former ambassador to US could cost PM his leadership Keir Starmer will deliver a high-stakes statement to MPs on Monday as he struggles to overcome fears inside his government that the Peter Mandelson vetting scandal could yet cost him his leadership.In what is set to be a dramatic showdown, the prime minister will set out how Mandelson was able to take up his role as UK ambassador without the Foreign Office revealing it had overruled the decision to fail his vetting. Continue reading...
• Mexican authorities reported 847 homicides in the past 30 days, the highest monthly toll in 18 months, as rival drug trafficking organizations battle for control of U.S. border crossing routes, particularly in Sinaloa and Tamaulipas states.
• The U.S. DEA warned of expanded methamphetamine trafficking networks moving through Central America, with seizures at the U.S.-Mexico border up 38% compared to last year.
• Mexico's security ministry announced deployment of additional federal police units to three border states and pledged cooperation with U.S. law enforcement agencies to dismantle trafficking networks.
• The Pentagon is reportedly reaching out to civilian manufacturers including Ford and General Motors to boost weapons production, as years of supplying Ukraine followed by sustained Middle East operations have allegedly drained critical missile stockpiles.
• Reports suggest the US military is facing a deepening munitions crisis affecting high-tech systems like THAAD and Tomahawk missiles, raising questions about industrial capacity to meet demand.
• The growing focus on weapons production and ceasefire negotiations has sparked debate about whether diplomatic efforts are being driven by strategy or by supply constraints.
Man initially charged in July but Australian federal police uncovered dozens more alleged offences after reviewing files on his devicesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA former childcare employee accused of abusing children in his care has been hit with another 129 charges after investigators say they identified more victims.The man, aged in his 30s, was initially charged with eight counts of online child abuse material offences in July 2025 after years of alleged offending. Continue reading...
Campaigners organise open letter to director demanding ‘fair day’s wage’ for all workers at V&A museumsA row over pay has broken out at the V&A before the opening of its newest site , with thousands of people calling for it to become a living wage employer.On Saturday, V&A East will open its doors in Stratford, east London, showcasing stunning fabrics, photos and black British music. It joins a wider group of V&A museums including its original site in South Kensington, Young V&A in Bethnal Green and V&A Dundee. The V&A describes its latest opening as one of the most significant new museum projects in the UK. Continue reading...
Design among projects before US Commission of Fine Arts as lawsuits challenge scale and impactDonald Trump’s design for the triumphal arch he wants built at an entrance to the US capital comes up for a review and possible vote on Thursday by a key federal agency. It is one of several projects the US president is pursuing alongside a White House ballroom to leave his lasting footprint on Washington.Trump said on social media that the arch “will be the GREATEST and MOST BEAUTIFUL Triumphal Arch, anywhere in the World” and a “wonderful addition to the Washington D.C. area for all Americans to enjoy for many decades to come!”. Continue reading...
Brain Cole Jr, accused of planting the devices near the RNC and DNC buildings in DC, faces two more felony countsThe individual accused of placing pipe bombs near the headquarters of both the Republican and Democratic national committees on the night before the January 6 Capitol attack is now facing two more felony counts, as detailed in a newly released indictment on Wednesday.Brian Cole Jr, 30, of Woodbridge, Virginia, had previously been arrested in December and charged with transporting and positioning two improvised explosive devices outside the DNC and RNC buildings. The updated indictment introduces charges of attempting to use weapons of mass destruction and carrying out an act of terrorism while armed. Continue reading...
US president will need to show heavy costs of war were worthwhile while Iran must choose between instant and delayed gratification Middle East crisis – live updatesIf talks between Iran and the US reconvene within the next few days in Islamabad, Donald Trump will have two major political hurdles to overcome – first showing that any deal he secures is better than the one signed by Barack Obama in 2015 and from which he withdraw in 2018, and secondly proving the deal is more favourable than the one on offer in Geneva in February before he launched his war.Otherwise he will have inflicted massive damage on the world economy when alternatives were available that were less costly in blood and treasure. He will also have to show that Iran has made no permanent gain by taking control of shipping passing through the strait of Hormuz. These are the yardsticks, or tests, around which his negotiating team will be keeping an anxious eye. Continue reading...
‘Palestine’s Mandela’ suffers three recent attacks including assault where prison guards set a dog on him, lawyer saysJailed Palestinian leader Marwan Barghouti is at immediate risk in Israeli jails, where he has been attacked three times in as many weeks, including in one assault last month where prison guards set a dog on the 66-year-old, his lawyer has said.Barghouti is often called Palestine’s Nelson Mandela. He is respected across otherwise feuding Palestinian factions, has broad popular support across occupied Palestine, repeatedly engaged with Israeli officials before his detention and long backed a two-state solution. Continue reading...
