Barclay brothers avoid bankruptcy after deal with HSBC over £143m debt

Nancy Pexton, 70, stabbed sister Jennifer Abbott, 69, and left her body to decompose in Camden flat for three daysA woman has been found guilty of murdering her sister by slashing her neck before making off with her diamond-encrusted gold Rolex watch.Nancy Pexton stabbed her sibling Jennifer Abbott 10 times and then left her body for three days in her flat in Camden, north London, a court heard. Continue reading...

Monarch’s meeting with president and speech to Congress features on front pages in UK and USKing Charles’s address to the US Congress features on the front pages and websites of many publications on both sides of the Atlantic today. We take a look at how the king’s speech has been interpreted by the UK and US media. Continue reading...

Four years after president’s pledge, his would-be successors are divided on how to tackle rising guerrilla attacksThe landmark 2016 peace deal between the Colombian government and the largest insurgent army in Latin America succeeded in some ways: the Revolutionary Armed Forces of Colombia (Farc) agreed to lay down their weapons, and the violence that had racked the country was substantially reduced.But the deal alone could not end the decades-long armed conflict for good. Subsequent administrations slow-walked the implementation of the settlement, which was rejected by Farc dissidents and other rebel factions. Continue reading...

Government request follows contingency to stop planes being grounded if Iran war supply shocks continueBusiness live – latest updatesBritish refineries have been asked to maximise jet fuel supply as part of government contingency planning, amid growing fears the Iran war will force planes to be grounded.Energy minister Michael Shanks said the government is closely monitoring UK jet fuel stocks and working with airlines, airports, fuel suppliers and other governments, as carriers face rocketing fuel costs as a result of the conflict. Continue reading...

New lawsuits allege employees urged company to notify authorities months before deadly Tumbler Ridge attackFamilies of seven victims of a mass shooting at a secondary school in British Columbia are suing OpenAI and the company’s CEO for negligence after it failed to alert authorities to the shooter’s troubling conversations with ChatGPT.The lawsuits, filed on Wednesday in a federal court in San Francisco, allege that the violent intentions of the shooter, identified as 18-year-old Jesse Van Rootselaar, were well-known to OpenAI. Employees at the company flagged the shooter’s account eight months before the attack and determined that it posed “a credible and specific threat of gun violence against real people”, according to the lawsuit. Continue reading...

OxyContin maker to be replaced by new company aiming to combat opioid crisis as legal settlement takes effectOxyContin maker Purdue Pharma is set to be dissolved and replaced by a company focused on the public good by the week’s end, as a sweeping legal settlement resolving thousands of lawsuits takes effect.A federal judge on Tuesday delivered a criminal sentence to the company to resolve a US Department of Justice investigation – a last necessary step to clear the way for the settlement. Continue reading...

Blockade threat in vital strait and Trump’s stance lift crude, pushing pump prices to highest level since 2022Sign up for the Breaking News US email to get newsletter alerts in your inboxAverage US gas prices have hit a new high at $4.23 per gallon, their highest since 2022 and a record since the start of the war with Iran, according to the motor club AAA.The price of Brent crude, the benchmark that influences the price of US gasoline prices, now stands at $114.60 a barrel, up nearly 25% from the recent low since mid-April. US gas prices a year ago averaged $3.16. Continue reading...

Bellarmine Chatunga Mugabe fined and deported after pleading guilty to immigration and firearms-related offences unrelated to recent shootingThree months after an employee was shot in the back at the Mugabe family home in a wealthy suburb of Johannesburg, Robert Mugabe’s youngest son has been fined and ordered to leave South Africa after pleading guilty to two unrelated charges.Bellarmine Chatunga Mugabe, 28, and his cousin Tobias Mugabe Matonhodze, 33, were initially both charged with attempted murder after the incident on 19 February. Continue reading...

Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193The number of UK businesses in “critical financial distress” has risen by more than a third over the past year, according to insolvency practitioners, as companies contend with a “slew of increased taxes” and the impact of the Middle East conflict.Hospitality and leisure firms have been faring particularly badly because of shaky consumer confidence, and rising taxes and staff costs, according to research by the restructuring company Begbies Traynor. Continue reading...

Drugmaker had stalled large-scale UK projects but has now pledged investment at two sites, announced by Keir StarmerBritain’s biggest drugmaker AstraZeneca has said it will invest £300m in the UK in a surprise U-turn after pausing large-scale projects last year.The drugmaker had pulled back projects in Britain after becoming disillusioned with the business environment, including the availability of new medicines on the NHS and drug pricing. Continue reading...

Man arrested after two people were attacked in north London, Jewish neighbourhood watch group Shomrim has saidThe latest incident comes after a series of arson attacks targeting Jewish sites in north London.In a post on social media the Jewish charity the Community Security Trust said:There has been a knife attack today in Golders Green. The suspect has been arrested. We would like to thank @shomrimlondon, @Hatzola and @metpoliceuk for their swift response.We are working closely with the police and urge anyone with information to contact the police, Shomrim and CST immediately.We are aware of a reported stabbing incident in Golders Green, with two injured. The police have apprehended a suspect. We are liaising with the CST, government and police to understand what has happened and ensure a forceful response.It is deeply concerning to everyone in this house.There is now a police investigation, and I think we all need to do everything we can to support that investigation and be absolutely clear in our determination to deal with any of these offences, the like of which we have seen too much recently.The antisemitic attack in Golders Green is utterly appalling.Attacks on our Jewish community are attacks on Britain. Thank you to Shomrim, Hatzola and the police for acting swiftly. Continue reading...

Patrick Vallance says government working with Chinese officials to remove postings from Alibaba after Biobank data breach last weekThere have been further listings of confidential health records of UK volunteers on the Chinese website Alibaba since the breach reported last week and the government is braced for further leaks, the science minister has said.Addressing a House of Lords debate on the attempted sale of data belonging to 500,000 UK Biobank volunteers, Patrick Vallance said the government has worked with Chinese officials to remove additional postings on the online marketplace. Continue reading...