Nationwide pressed to address āemerging governance issuesā as AGM looms
Labour MP writes to chair amid concerns building societies are overusing quick votes and failing to add members to boardsNationwide is under pressure to address āemerging governance issuesā across the building society sector, amid concerns bosses are bundling voting options and failing to allocate board seats for members.The Stockport Labour MP Navendu Mishra has sent a formal letter to the chair of Nationwide, Kevin Parry, outlining growing unease over the way executives, including at Nationwide, have been engaging with members who ultimately own their building societies. A letter raising similar concerns was sent to the chancellor, Rachel Reeves, in recent weeks. Continue reading...
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Iranās leader and security council āstill need to approveā peace deal with US
One or two clauses yet to be clarified, Iran officials tell Pakistani mediators, after US says deal ālargely negotiatedāMiddle East crisis: live updatesIranās supreme leader and national security council still need to approve the proposed peace deal between Tehran and Washington, Iranian officials said on Sunday.One or two clauses in the proposed peace deal between the US and Iran must be clarified to Iranās satisfaction before the memorandum of understanding can be sent to Iranās supreme national security council and the supreme leader Motjaba Khamenei for ratification, Iranian officials said on Sunday, adding this had been conveyed to the Pakistani mediators. Donald Trump claimed on Saturday that a peace deal with Iran āhas been largely negotiatedā, after calls with Pakistan, Gulf allies and Israel. Continue reading...
Read original Ā· theguardian.comWith oil markets nearing the danger zone, a US-Iran deal canāt come soon enough | Heather Stewart
Global prices are approaching a tipping point that could trigger inflation, shortages and, over time, recessionIf a US-Iran deal is about to be reached, three months on from the launch of Donald Trumpās Operation Epic Fury, it will not be a day too soon for oil markets, which are approaching a dangerous tipping point.The cost of a barrel of crude on the spot market ā for immediate purchase, effectively ā has bounced about $100 since Iran predictably responded to the onslaught from the US and Israel by closing the strait of Hormuz. Continue reading...
Read original Ā· theguardian.comFormer prosecutor pursued by Trump calls for crackdown on election lies: āLying can be held to accountā
Andrew Weissmann argues for new law to hold political liars like US president accountable for harming democracyPoliticians must be held accountable if their lies damage democracy, according to a former US federal prosecutor and FBI general counsel who was pursued by Donald Trump.The US must be āas creative as possibleā and introduce sweeping structural reforms if it escapes its current āmessā, said Andrew Weissmann, laying out a proposal for a legislative crackdown on election deceit.Liarās Kingdom: How to Stop Trumpās Deceit and Save America is out now Continue reading...
Read original Ā· theguardian.comWhat is included in the Iran ceasefire deal?
Proposed framework hinges on a 60-day truce, reopening strait of Hormuz, and revived talks on limiting Iran nuclear programme⢠Middle East crisis: live updatesDonald Trump has said a āmemorandum of understandingā in talks to end the US-Israel war on Iran āhas been largely negotiatedā.Official details of the deal are scant and it remains possible that some aspects of the memo could change. Here is what we know so far about the potential agreement that could bring an end to the war. Continue reading...
Read original Ā· theguardian.comUK supply chain unprepared for major shocks such as war, report warns
Research by National Preparedness Commission calls for āworst-case scenarioā planning by European statesBritainās vital supply chains are unprepared for the prospect of a major shock such as war with Russia, and bold steps are needed to catch up with āworst-case scenarioā planning by European states, ministers have been warned.Donald Trumpās āAmerica Firstā transformation of the US, which has made what was once a trusted UK ally a much less reliable partner, should also feed into that planning, according to a new report. Continue reading...
Read original Ā· theguardian.comIrish gangland figure fails in Dublin byelection bid for seat in parliament
Gerry āthe monkā Hutch comes fourth in contest won by Daniel Ennis of Social DemocratsThe Irish gangland figure Gerry āthe monkā Hutch has failed in his bid for a parliamentary seat in a Dublin byelection.The 63-year-old came fourth in a contest won by Daniel Ennis of the Social Democrats, a victory for progressive politics after a campaign dominated by concerns over the cost of living and immigration. Continue reading...
Read original Ā· theguardian.comUK judgeās decision not to jail boys for rape like a ārock straight in my faceā, says victim, 16
Boys, aged 15, given youth rehabilitation orders for two separate attacks against two girls in Hampshire A judgeās decision not to jail two teenage boys who raped two girls has been described by one of the victims as a ārock straight in my faceā.A trial at Southampton crown court heard the girls were raped in two separate attacks in Fordingbridge, Hampshire, the first attack on 26 November 2024 and the second on 17 January 2025. Continue reading...
Read original Ā· theguardian.comTreasury rejected ministersā plan to cut VAT on public EV charging to 5%
Department for Transport is understood to back reducing levy, which critics have called a āpavement taxāBusiness live ā latest updatesGovernment officials considered cutting the VAT charged on electricity used at public EV chargers from 20% to 5% at the last budget, but the Treasury under chancellor Rachel Reeves rejected the proposal amid disagreement between departments.Officials in the Department for Transport encouraged electric car charge point operators to write to the Treasury explaining how they would respond to a VAT cut, according to three industry sources. The charger companies said that they would pass the tax cut on to consumers. Continue reading...
Read original Ā· theguardian.comHunger increasingly used as weapon of war as āfood-related violenceā surges, analysis shows
More than 20,000 attacks on markets, farmland and food distribution systems have been recorded since 2018Hunger is being increasingly exploited as a weapon of war with more than 20,000 documented incidents of āfood-related violenceā in the past eight years, new analysis reveals.Attacks include 1,261 strikes on markets used by families for daily groceries and 863 incidents in which food distribution systems were targeted and workers killed. Continue reading...
Read original · theguardian.com£600 for cheese? The Brazilian beach scams that cost visitors dear
Travellers warned to beware of debit card cons after one was charged £1,500 for a kebab and another £3,000 for corn on the cobWhen Lisa Selby* used her debit card to pay for two slices of barbecued cheese from a beach vendor in Rio de Janeiro, she expected to pay 40 reais (£5.90) for the snack.But shortly after the payment had gone through, she realised that she had been charged 4,000 reais (£590) after the vendor added two extra zeros to the card reader. Continue reading...
Read original Ā· theguardian.comāAI washingā: firms are scrambling to rebrand themselves as tech-focused
PR executives say UK companies are forcing them to present ordinary automation as artificial intelligence UK companies are performing āyoga-levelā stretches to describe themselves as AI specialists in an attempt to capitalise on the buzz around the technology, public relations firms have said.Weary communications executives tasked with securing media coverage for brands have complained that bosses in low-tech industries or running businesses that use automation but not generative AI, are increasingly demanding they are pitched to journalists as artificial intelligence companies. Continue reading...
Read original Ā· theguardian.com