Takes

• Die Bank erwartet in ihrem Basisszenario ein BIP-Wachstum von 0,5 % in diesem Jahr, was niedriger ist als die Prognose des IMF von 0,8 % für Großbritannien. • Lloyds hat gewarnt, dass die wirtschaftlichen Folgen des Nahostkonflikts das Institut 151 Mio. £ kosten könnten, inmitten steigender Arbeitslosigkeit und Inflation sowie einer Verlangsamung des Immobilienmarktes. • Die FTSE 100-Gruppe, zu deren Marken Lloyds Bank, Halifax und Bank of Scotland gehören, veröffentlichte eine pessimistische Wirtschaftsprognose, die ihrer Meinung nach die stagflationären Folgen – den doppelten Schlag aus steigender Inflation bei gleichzeitig geringerem Wirtschaftswachstum – für die britische und die globale Wirtschaft widerspiegelt.

Ellen Mulvey ran up huge betting losses online and wrote ‘addiction is the worst disease’ before she diedA family is calling for wholesale reform of the gambling industry after an inquest heard details of the life and death of Ellen Mulvey, a “generous and caring” woman with a high-flying City job who also had a secret addiction.Mulvey’s family believe she lost hundreds of thousands of pounds gambling without their knowledge, first via mainstream operators and then on unlicensed platforms. Continue reading...

Lawyers for oligarch claim freezing of £5.3bn of assets ‘unfair and abusive’ amid row over use of funds for Ukraine Roman Abramovich has gone to the European court of human rights (ECHR), claiming that a criminal investigation into his financial affairs by the Jersey authorities has breached his human rights, according to reports.The former owner of Chelsea FC, who is sanctioned in the UK over his links to Vladimir Putin, is under investigation in Jersey over allegations of corruption and money laundering. Continue reading...

Departing PM Viktor Orbán admits ‘political era has ended’ as EU says ‘clock is ticking’ to resolve important issuesEU officials have arrived in Budapest for high-stakes talks aimed at reshaping the bloc’s strained relationship with Hungary, weeks before the new government takes office, as the country’s departing prime minister, Viktor Orbán, admitted a “political era has ended” and suggested he would stay on as leader of his party in his first interview since the election.Speaking to the pro-government outlet Patrióta, Orbán described Sunday’s election as an “emotional rollercoaster” after the opposition Tisza party won a landslide victory, bringing an end to Orbán’s 16 years in power. Continue reading...

Risks from cancer and other diseases could be hidden with little accountability if justices favor big firms, critics warnThe US could face foreign attacks, food shortages and agricultural “devastation” if the supreme court rules against Monsanto in a closely watched case over pesticide regulation that is set for arguments later this month, according to a series of legal briefs supporting the company.In contrast, opposing legal briefs warn that if the court sides with Monsanto, consumers will be stripped of their rights to sue when they develop cancer or other serious diseases they attribute to exposure to dangerous chemicals. Companies will be able to hide product risks with little accountability, they warn. Continue reading...

Experts point to Chinese backing for multinational attempts to introduce global governance of AIChina is now the “good guy” on AI rather than Donald Trump’s US where the technology is being pursued in a dangerous “wild west” manner, a former UN and UK government adviser has told MPs.Prof Dame Wendy Hall, who was a member of the UN’s AI advisory board and co-wrote a review of AI for Theresa May’s government, told the House of Commons business and trade committee that China was backing multinational attempts to introduce global governance of AI in contrast to America, which had set up a race between profit-hungry companies that relied on hype. Continue reading...

Former victims’ commissioner Vera Baird says disciplinary action is essential to ensure people are held accountable• UK politics live – latest updatesFamilies in Southport cannot be sure that officials who made “catastrophic” errors before the murder of three girls are not still making the same mistakes, a former victims’ commissioner has said.Vera Baird KC said all those who failed to properly monitor the killer, Axel Rudakubana, should be held “personally accountable” and that authorities must not “shrug it off” with an apology. Continue reading...

Tony Burke says millions of people will be asking why the Liberals have a problem with their parents ‘who don’t speak great English but are great Australians’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLabor has accused Angus Taylor of “desperate dog-whistling” and says millions of Australians will be asking why the Liberal party has a problem with their parents who don’t speak English, amid a backlash to the opposition’s new hardline immigration policies.Immigration advocates, crossbenchers, and the race discrimination commissioner, Giridharan Sivaraman, have all criticised a new speech by Taylor, with the Greens likening the Coalition’s approach to a modern revival of the discriminatory White Australia policy. Continue reading...

Some candidates are making public health a central part of their midterm campaigns amid Trump’s war on science As public health has become increasingly politicized in the US, with a particularly chaotic year under the Trump administration, some political candidates are pushing back by making public health a central part of their campaigns – and the grassroots organization Defend Public Health has ideas about how to do it.On Monday, the group launched guiding principles for campaigns to prioritize public health, called the People’s Health Platform, highlighting the importance of ensuring healthcare for all, protecting and expanding sexual, reproductive, and gender-affirming healthcare, preparing for the climate crisis and the next pandemic, and taxing billionaires, among other tenets. Continue reading...

Trump announced deputy attorney general, who was his former personal attorney, would act up until permanent replacement is confirmedPam Bondi’s swift dismissal on Thursday underscores a reality that has met Trump loyalists from Jeff Sessions to Kristi Noem – no amount of loyalty is enough to save oneself from being dumped by Donald Trump.Since the president assumed office last year, there have been few people more important to his effort to remake government than Bondi, his longtime friend. Continue reading...

Senate-passed funding plan for DHS languishes despite agreement between Republican congressional leadersSign up for the Breaking News US email to get newsletter alerts in your inboxThe US House of Representatives on Thursday took no action on a compromise measure that would end the partial shutdown of the Department of Homeland Security (DHS), raising questions about how much longer the record-long funding lapse will persist.The department has been without funding since mid-February, after Democrats refused to vote for its appropriations unless Republicans agreed to new guardrails on federal agents involved in immigration enforcement operations. Continue reading...

Adelaide has the biggest price decline, with unleaded down 24.9 cents and diesel down 21.3 centsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFuel prices have started falling immediately across Australia in the wake of the government’s fuel excise cut, unexpectedly accelerating the delivery of the Albanese government’s cost-of-living relief.Prices in capital cities paused then plummeted on Wednesday, after the prime minister announced the tax on petrol and diesel would be halved to 26.3 cents a litre. Continue reading...

As living costs rise, the state where Gates and Bezos made billions is targeting top earners – could other states follow?Noel Frame knows exactly how difficult it is to raise taxes on the ultra-wealthy, because she has been trying to do just that – first as an activist, then as a state legislator – for the past 15 years. And until recently almost all of her efforts ended in failure.She lives in Washington, a solid blue state that should, in theory, be hospitable to the idea of more progressive taxation and has plenty of multi-millionaires to target, since it is the home of Microsoft, Amazon and an array of other tech-driven corporations. While the wealth of these tech giants has grown exponentially in recent decades, the state – which levies no income taxes – has struggled to bring in enough revenue to pay for basic services like public schooling and long-term healthcare. Continue reading...

• Auburn faces Georgia Tech in a college baseball matchup scheduled for 7:00 p.m. ET on March 31, airing on ESPN2. • This regular season conference game is part of the early-season college baseball schedule. • The contest provides both SEC and ACC programs an opportunity to build their résumés ahead of the postseason.

Millions are dipping into savings or borrowing to get by as the Iran war drives up prices, survey showsThe Iran war has led to a surge in pessimism in the UK as half of households are already struggling to afford everyday essentials.The escalating conflict in the Middle East, which has driven the price of oil, gas, crop fertiliser and other raw materials sharply higher, threatens to cause another cost of living shock. Continue reading...

• The NCAA Men's Basketball Tournament continues with St. John's facing Duke in a Sweet Sixteen matchup scheduled for Friday, March 27 at 7:10 p.m. ET on CBS from Washington. • This Sweet Sixteen round features multiple games across the day, including Alabama vs. Michigan at 7:35 p.m. ET on TBS and TRUTV from Chicago. • The Sweet Sixteen represents a critical stage where 16 teams compete for spots in the Elite Eight, with each victory bringing teams closer to the Final Four.

Donald Trump says he was ‘a little surprised’ at Australia’s lack of support, echoing comments from a week beforeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastDonald Trump has taken another swipe at Australia, alongside Nato, the UK and most of the rest of the world, for not getting more involved in the US-Israel war against Iran.At a press conference on Thursday at the White House, the US president was asked to reflect on phone calls with the UK prime minister Keir Starmer. He began by describing Starmer as a “lovely man”. Continue reading...

Nigeria and UK look to strengthen trade and economic ties amid growing calls from Africa and Caribbean for reparative justice“There are chapters in our shared history that I know have left some painful marks,” King Charles said during a state banquet to welcome the Nigerian president, Bola Tinubu, to the UK, in a year in which the monarch is expected to come under renewed pressure to make a formal apology for transatlantic slavery and colonialism.But while demands grow from African and Caribbean nations for the UK to further reparative justice, Nigeria and the UK are looking to the future of global trade. Continue reading...

Declan Conlon will argue officials have failed to act despite clear evidence of the ecological collapse of Lough NeaghAn eel fisher is to argue at the high court in Belfast that the authorities have allowed the ecological collapse of Lough Neagh by failing to take action over pollution.Declan Conlon, whose family have for generations fished the inland lake in Northern Ireland that once hosted the largest wild eel fishery in Europe, is seeking to take a judicial review against the Department of Agriculture, Environment and Rural Affairs (Daera). He will argue the department has failed to act against polluters despite clear evidence of the ecological collapse of the lake. Continue reading...

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say expertsIn the days after the US and Israel first bombed Iran, financial markets bet the economic fallout from Donald Trump’s “little excursion” in the Middle East would be short-lived.“There are risks from higher oil prices longer term. But this is a tail risk,” one US-based fund manger said after the airstrike killing Iran’s supreme leader, Ayatollah Ali Khamenei. “History has shown time and time again that geopolitical flare-ups like this tend to be short-lived. This one should prove to be no exception.’’ Continue reading...

National referendum is being seen as a de facto confidence vote on the government – and the polls are neck and neckIn the run-up to a referendum in Italy on a government quest to overhaul the judiciary, a campaign flyer circulated online quoting Giorgia Meloni, the prime minister, taking aim at judges and feminists. “Judges block the deportations of rapists. Where are the feminists? Vote yes – there will not be another opportunity,” it read.The flyer, posted on the Facebook page of Meloni’s Brothers of Italy, a party with neofascist roots, was subsequently removed. But its tone has defined a campaign dominated by inflammatory rhetoric rather than meaningful debate. Continue reading...

Regime will do whatever it takes to cling on to power – including sacrificing economies of other Gulf statesMiddle East crisis – live updatesBrinkmanship, the ability to take a country to the edge of war without plunging it into the abyss, was the cornerstone of cold war diplomacy. But in our different, more unstable times – in which the line between state and non-state actors has blurred, and weapons of war have diffused – the world this week finally tipped over the edge, and suddenly it is in freefall.The first six days of the Iran war cost the US $12.7bn (£9.5bn), but now the Pentagon is seeking as much as $200bn in military funding. Oil at $125 a barrel is no longer an Iranian, or Russian, fantasy. The crown jewel of Qatar, Ras Laffan – the world’s largest liquefied natural gas plant – may not reopen fully for five years, at a cost of $20bn a year. Other combustible oil depots in the Gulf, from Bahrain to Abu Dhabi, are exposed to Iran’s low-cost drones. Then add the human cost of 18,000 civilians injured and more than 3,000 killed in Iran alone. Continue reading...

The price of popular branded eggs has risen by over 40% in some cases while some have also shrunk in sizeShoppers are shelling out for smaller eggs again this Easter as shrinkflation takes another bite out of the favourite seasonal treat.The price of popular branded chocolate eggs has risen by more than 40% in some cases while some have also shrunk in size, according to research by the consumer champion Which?. Continue reading...

Charity Commission appoints interim manager at William Blake House in Northamptonshire, under investigation after families raised alarmA charity watchdog has taken control of a learning disability care home in Northamptonshire that is under investigation after residents’ families raised concerns over its management, including payments of £1m to a trustee.The Charity Commission has appointed an interim manager to run William Blake House, which faces potential insolvency in three weeks’ time if it cannot head off a winding-up order brought by the tax authorities over £1.6m in unpaid tax bills. Continue reading...