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French publication Le Monde says Laure Ferrari ‘dodged’ question when quizzed over property purchase in ClactonNigel Farage’s partner, Laure Ferrari, has refused to confirm how she paid for a house in the Reform leader and MP’s constituency of Clacton, adding “there’s more than one way to pay for a house”.In an interview with French publication Le Monde, Ferrari was questioned over revelations in the Guardian that she had purchased a house in her name in Clacton after Farage had claimed to be the buyer. Continue reading...

Iran says the ‘ball is in the United States’ court’ as Trump says he is likely to reject new proposal from TehranDonald Trump said on Saturday he was going to review a new peace proposal from Tehran but cast doubt over its prospects, saying Iran had not yet “paid a big enough price”.Two semiofficial Iranian news outlets, Tasnim and Fars, believed to be close to Iran’s paramilitary Revolutionary Guard, said Iran had sent the US a new 14-point proposal via Pakistan. Continue reading...

Three defendants deny plotting arson attack on two homes and a car connected to prime minister in London last yearA series of arson attacks on property linked to Keir Starmer was masterminded by a Russian-speaking contact using the pseudonym “El Money”, a court has heard.Roman Lavrynovych, 22, and Petro Pochynok, 35, both from Ukraine, and Stanislav Carpiuc, 27, a Romanian national, sat with their heads bent towards interpreters as Duncan Atkinson KC, prosecuting, opened the trial over the arson attacks in May last year. Continue reading...

• The Financial Accounting Standards Board (FASB) released preliminary measurement guidance addressing accounting treatment for paid-in-kind (PIK) dividends on equity-classified preferred stock. • The guidance represents an important clarification for companies issuing preferred stock with dividend structures, affecting financial reporting standards across the U.S. corporate sector. • This regulatory development impacts corporate accounting practices and may influence capital structure decisions for companies considering preferred equity financing.

Company says ‘sustained outperformance’ merited pay rise as it ups profit guidance by £8m for the year to January 2027Business live – latest updatesThe Next chief executive, Simon Wolfson, took home more than £7m last year, his highest ever pay package, and could be handed up to £9.27m this year after the retailer announced plans to increase his basic salary and bonuses.The listed company said it was increasing its pay deal for the long-term leader of the fashion and homewares retailer, which now controls a string of brands in the UK including Gap, Victoria’s Secret, Cath Kidston, Reiss and FatFace, as his remuneration was 30% below the average for FTSE 100 bosses. Continue reading...

Ministers admit carer’s allowance penalties will continue while review of more than 200,000 cases is carried outThousands of unpaid carers will continue to be hit with hefty and potentially unfair benefit repayment demands, it has emerged, as a government initiative gets under way to fix welfare injustices that have drawn comparison to the Post Office scandal.Ministers will on Monday launch an audit of more than 200,000 historical carer’s allowance benefit cases, with an estimated 25,000 carers issued with unlawful overpayments since 2015 likely to see their repayment debts cancelled or reduced as a result. Continue reading...