UK City firms report fastest turnaround in fortunes in 30 years

• Pakistan, Turkey, Saudi Arabia, and Egypt have initiated mediation between the US and Iran to end the ongoing war, relaying messages since its start. • An Islamabad-brokered ceasefire plan was presented to both sides on Monday, proposing a 15-20 day settlement with immediate ceasefire and reopening of the Strait of Hormuz ahead of a US Tuesday deadline threatening escalated strikes. • Earlier on March 25, a 15-point US proposal via Pakistan demanded dismantling Iran's nuclear facilities, missile limits, and a 30-day ceasefire, countered by Iran's five conditions including compensation and maritime control rights.

The health secretary and the BMA trade accusations over who bears responsibility for the collapse of talksGood morning. Resident doctors in English hospitals started a six-day strike at 7am this morning. Many of them will continue to work, but there will be enough of them joining the strike to have a significant impact on the care hospitals can deliver. It is the 15th resident doctors (who used to be known as junior doctors) have been on stage since they launched a campaign in 2023 to get their pay back to the equivalent level it used to be before austerity kicked in after the financial crash.This morning Wes Streeting, the health secretary, deployed a new statistic in his PR battle against the BMA, the doctors’ union organised the strikes. He confirmed a figure highlighted in the Daily Mail’s splash saying strikes by resident doctors have now cost the country £3bn.We think that strikes cost £50m a day. And so that is, an accurate reflection of the cost of these strikes.What is true is that in order to deliver a full pay restoration back to 2008 levels, using the RPI account of inflation, it would cost in the order of £3bn a year.Let’s then assume that other NHS staff would understandably demand the same. Then that cost would be more like £30bn a year. That is more than the entire cost of the Ministry of Justice’s entire budget for running the criminal justice system. Continue reading...

Rapper who has previously made antisemitic remarks responds to criticism over his booking at London festivalThe rapper formerly known as Kanye West has broken his silence and offered to “meet and listen” to members of the UK’s Jewish community after a fierce backlash over his booking at London’s Wireless festival.West, who is legally known as Ye, has been criticised for making antisemitic remarks including voicing admiration for Adolf Hitler. Last year he released a song called Heil Hitler, a few months after advertising a swastika T-shirt for sale on his website. Continue reading...

Queensland senator ‘steadfast’ in her support of former Australian soldier as police charge him with five counts of war crime – murderFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe One Nation leader, Pauline Hanson, says she will not “abandon” Ben Roberts-Smith despite his arrest over war crimes, as the Greens declare “no one should be above the law”.As the prime minister, Anthony Albanese, refused to weigh into Roberts-Smith’s arrest at Sydney airport on Tuesday morning, Hanson reaffirmed her long-held support for Australia’s most decorated living soldier. Continue reading...

Billionaire claims world’s biggest music company has suffered due to postponement of US listingBusiness live – latest updatesBillionaire Bill Ackman’s hedge fund has offered to buy Universal Music Group (UMG) in a deal that values the world’s biggest music company at more than €50bn (£44bn).Pershing Square, the New-York based hedge fund, has offered to buy the business, which is home to artists including Taylor Swift and Elton John, in a cash and stock deal. Continue reading...

The US vice-president and Hungary’s prime minister will hold a joint press conference later todayThe US vice-president JD Vance is en route to Budapest this morning, where he is expected to support the embattled prime minister Viktor Orbán in the final days of the campaign before this weekend’s crucial parliamentary election in Hungary.Departing from Joint Base Andrews last night, JD Vance said he was looking forward to meeting his “friend Viktor,” and said that the pair would discuss not just the state of the US-Hungarian relations, but also broader issues on Europe and Ukraine. Continue reading...

The ‘bank is closed and the door is locked’, says Zia Yusuf as calls grow for compensation to remedy historical wrongsReform UK has said it would stop issuing visas to any person from a country which continues to demand compensation from the UK for its role in the transatlanctic trade in enslaved people.Zia Yusuf, the party’s home affairs spokesperson, told the Daily Telegraph that the call for reparations was “insulting”. Continue reading...

UN assists in emergency vaccination drive as country battles worst surge in cases in years amid fall in vaccination ratesBangladesh is battling its worse measles outbreak in years, with more than 100 children dead amid a rise in unvaccinated infants.The government, in partnership with the United Nations, has begun conducting an emergency measles-rubella vaccination drive for children across the country, after more than 900 cases were confirmed since March. Continue reading...

In today’s newsletter: As cases charged hit their highest level on record in England and Wales, a look at what is behind the increase and whether the criminal justice system is keeping paceGood morning. Disturbing new data shows that stalking offences recorded by police in England and Wales have surged over the past decade, with sharp rises in every region. The number of cases charged by the Crown Prosecution Service has also climbed to the highest level on record.But those figures only tell part of the story. Stalking is not a single incident but a pattern of behaviour – one that can leave victims living in constant fear, reshaping every aspect of their lives.NHS | Wes Streeting has accused resident doctors of “torpedoing” their own pay rises and training jobs by walking out on strike again, as tens of thousands of doctors began a six-day stoppage in England.Middle East | Diplomatic negotiations aimed at halting the war in the Middle East appeared to be faltering a day before a deadline imposed by Donald Trump with a threat to destroy Iran’s bridges and attack its power plants.UK News| Children are reporting online sextortion attempts in record numbers in the UK, as campaigners urge tech companies to do more to stamp out the crime.Space | Artemis II astronauts broke Apollo 13’s distance record, hugging each other in the cramped capsule as they made history by being the four humans to travel the farthest from Earth.Weather | Parts of the UK are forecast to experience the warmest temperatures of the year so far in the wake of Storm Dave, which caused widespread damage and disruption over the Easter weekend. Continue reading...

Exclusive: Health secretary says industrial action in England also threatens to derail NHS progress on waiting timesWes Streeting has accused resident doctors of “torpedoing” their own pay rises and training jobs by walking out on strike again, as tens of thousands of doctors began a six-day stoppage in England.The health secretary said there was a “legitimacy” to concerns over jobs and wages but that the British Medical Association had scuppered any chance of a breakthrough when it rejected what he said was a serious offer from the government to transform medics’ conditions. Continue reading...

Exclusive: Call for nudity-detection tech on phones as number of under-18s reporting blackmail attempts rises by 34%• ‘I felt ashamed and scared’: how an online friendship became a sextortion nightmareChildren are reporting online sextortion attempts in record numbers in the UK, as campaigners urge tech companies to do more to stamp out the crime.The Report Remove service, which allows children to flag intimate images or videos of themselves that have appeared, or could appear, online, said it received 394 reports from under-18s last year of blackmail attempts after sending sexual images to predators. The figure is 34% higher than in 2024. Continue reading...