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首相は、世界的な燃料危機の最中は、アジアの貿易パートナーとの関係を「危うくする最悪のタイミングである」と述べている。アンソニー・アルバニージー首相は、来月の連邦予算に既存のガス輸出契約に対する新税は盛り込まれないことを認め、生産者への課税を求める「ポピュリスト」的なキャンペーンを批判した。先週の報道通り、アルバニージー首相はガス輸出に25％の税を導入せよという圧力に拒否感を示していた。これは、介入によって、ディーゼルやガソリンの供給を頼りにしているアジアの貿易パートナーとの関係が悪化することを懸念したためである。

Lord committee says chancellor and recent predecessors have allowed themselves too little room for manoeuvreBusiness live – latest updatesRachel Reeves should aim to run a “significantly larger” buffer against her fiscal rules, according to a report from a House of Lords committee that says the UK’s public debt is on an unsustainable trajectory.The chancellor raised taxes at last year’s budget in order to more than double the “headroom”, or buffer, against her fiscal rules to £22bn – some of which is expected to be eroded by the impact of the Iran war. Continue reading...

Home secretary indicates Whitehall talks about returns programme, a move that would shock humanitarian groupsShabana Mahmood has refused to rule out sending rejected Afghan asylum seekers back to the Taliban-controlled country.The home secretary said she is “monitoring very closely” talks between Kabul and EU countries about a returns programme for refused claimants. She also indicated that “additional conversations” about Afghan returns were happening inside Whitehall. Continue reading...

Senior manager at supermarket giant gives evidence on day two of case brought by the Australian Competition and Consumer CommissionFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA senior Woolworths executive has defended relaxing rules designed to protect shoppers from misleading discounts by preventing the supermarket or suppliers from “gaming” the “Prices Dropped” promotional program.Woolworths’ chief commercial officer, Paul Harker, gave evidence on the second day of a landmark trial between the Australian Competition and Consumer Commission and Woolworths in the federal court on Wednesday. Continue reading...

Ministers also asked to alter compensation rights and suspend emissions trading scheme amid Middle East warAirlines are lobbying the UK government to relax environmental and noise rules, modify passenger rights and cut taxes on flying, as they prepare for higher costs and a possible shortage of jet fuel because of the war in the Middle East.A list of policy requests submitted to ministers and the aviation regulator includes suspending the emissions trading scheme and relaxing limits on night flights, it has emerged. Continue reading...

PM says in Commons statement he has ordered inquiry into any security concerns relating to Mandelson’s tenure in USUK politics live – latest updatesThe Foreign Office has been stripped of its powers to overrule vetting decisions after the Peter Mandelson scandal, Keir Starmer has told MPs, as he sought to set out his side of events in a politically crucial statement in parliament.Saying to jeers that he accepted it appeared “incredible” he and other ministers were not told Mandelson was initially refused security vetting, Starmer also said he had ordered an investigation into any security concerns related to Mandelson’s tenure as ambassador to Washington. Continue reading...