Great

• President Trump kondigde op 5 mei aan dat militaire operaties tegen Iran zouden worden gepauzeerd nu de onderhandelingen vorderen richting een breder akkoord, wat een significante verschuiving markeert in het maandenlange conflict dat op 28 februari 2026 begon. • De pauze volgt op diplomatieke betrokkenheid, waaronder een ontmoeting op hoog niveau tussen Israël en Libanon op 14 april en een 10-daags staakt-het-vuren tussen Israël en Hezbollah dat op 16 april werd aangekondigd, wat wijst op momentum in de regionale vredesbesprekingen. • De operationele pauze suggereert dat de regering-Trump gelooft dat een onderhandelde schikking haalbaar is ondanks de initiële militaire interventie, hoewel de specifieke voorwaarden van de voorgestelde Iran-deal geheim blijven.

• Treinoperator wordt de 11e nationale dienst die sinds de verkiezing van Labour in 2024 is teruggekeerd naar publiek eigendom

Natuurbeschermer zegt dat hij ‘overweldigd is door de felicitaties’ terwijl de mijlpaal wordt gevierd met een evenement in de Royal Albert Hall

US president pauses ‘Project Freedom’ to work on ‘final agreement’ with Tehran; stocks also ride high on AI euphoriaGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Asian stock markets hit record highs, following in Wall Street’s footsteps, and oil prices retreated after Donald Trump hailed “great progress” towards a “final agreement” with Tehran.on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran”.Investors bought and continue to add to positioning in the 2026 winners. There has been some buying in S&P 500 materials stocks, but it’s tech that continues to attract the bulk of flows, notably in Apple and the memory plays.9am BST: Eurozone services and composite PMIs for April9.30am BST: UK services and composite PMIs for April1.15pm BST: US ADP employment change for April Continue reading...

Star tells awards ceremony: ‘I disagree with everything that this administration stands for, but there’s no place for the kind of violence we saw two nights ago’In the wake of the shooting at the White House correspondents’ dinner, George Clooney used an awards-show speech to make a plea against “hatred and corruption and cruelty and violence”.Clooney was speaking at an event at the Lincoln Center in New York, where he was given Film at Lincoln Center’s annual Chaplin award, which “recognises an individual’s significant contribution to cinema”. Continue reading...

Men’s and women’s-only world records fall, along with fastest knightOrganisers hopeful record number will finish course by midnight deadlineThe London Marathon’s organisers have hailed the “greatest day” in the event’s 45-year history after huge crowds watched Sabastian Sawe become the first man to shatter the two-hour barrier in an official race, and a world record tally of more than 60,000 runners started the event.By 6.30pm on Sunday evening, organisers were also hopeful of breaking the record number of 59,226 finishers, set by the New York Marathon last year, although they said it could go right down to the deadline of 11:59pm. Continue reading...

Battle of the blockades may still have more time to run as both the US and Iran try to assert control over the strait of HormuzDonald Trump’s decision to extend the naval blockade of Iran indefinitely may do nothing to reduce world oil prices – but it could amount to a recognition that further US military escalation in breach of the nominal ceasefire comes with greater risk against a regime disinclined to surrender.In theory, Trump’s military options are increasing. A third US carrier strike group, the George HW Bush, is due to arrive in the Middle East within days after rounding South Africa. A second taskforce of 2,500 US marines is sailing from the Pacific and is due to arrive by the end of April. Continue reading...

Cook, who will assume the role of executive chair, will be succeeded by John Ternus as CEO on 1 SeptemberApple announced on Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus to succeed him. Cook will stay at the company in the role of executive chair.“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being,” Cook said in a press release. Continue reading...

Need something brilliant to read this weekend? Here are six of our favourite pieces from the last seven days Continue reading...

Paul Quinn’s conviction, 23 years after the attack, exposes how a victim was repeatedly failed and an innocent man wrongly jailed• Paul Quinn found guilty of rapeOne of Britain’s most shocking miscarriages of justice began before dawn on a summer day in Salford more than 20 years ago.A young woman had walked the darkened streets alone for about five miles when she was honked at, wolf-whistled and was so frightened she hid for a while in undergrowth. Continue reading...

Critics warn smaller and immigrant-run restaurants risk being overlooked as city-funded deal shapes dining mapWhen Michelin announced that it was expanding its world-renowned restaurant guide into the Great Lakes region of the United States, including Minneapolis, one prominent city was left off the map – Saint Paul, the state capital.Despite being just 11 miles apart, the second half of Minnesota’s “Twin Cities” was absent from the highly anticipated announcement. The omission has raised concerns among food critics and locals that Saint Paul – and, more widely, smaller local restaurants in Minneapolis and elsewhere – could be left behind. Continue reading...

More landlords having to cut prices to secure tenants, Rightmove data showsAverage private rents have stopped rising in Great Britain after almost a decade of increases, as more landlords cut their prices to secure a tenant, data shows.The typical advertised private rent outside London for properties coming on to the market remained flat at £1,370 a calendar month in the first three months of 2026, according to the property website Rightmove. Continue reading...

Coach believes there’s no limit to 18-year-old’s talent while athlete himself says he’s ‘ready for more’Having cracked the 20-second barrier with a sizzling run over 200m – and in the process fulled comparisons with the great Usain Bolt – the question now is, how fast can Gout Gout go?“How long’s a piece of string?” said Gout’s coach and mentor, Di Sheppard, after he clocked 19.67sec at the Australian championships in Sydney on Sunday. Continue reading...

Last year’s drop may reflect rising unemployment and improved right to request flexible working, experts sayThe number of workers in Great Britain taking their bosses to employment tribunals over remote working fell last year for the first time since Covid hit, with a tightening labour market making some more reluctant to leave roles despite return-to-office mandates.There were 54 employment tribunals decided in England, Scotland and Wales in 2025 that cited remote working, according to an analysis of records by the HR consultants Hamilton Nash: down 13% compared with 2024. Continue reading...

Iran war drives demand for solar panels, heat pumps and EVs, with energy bills expected to rise 18% from JulyBritish households are turning to green home energy upgrades in record numbers to try to keep bills down as the Iran crisis sends global oil and gas prices soaring, data from leading energy suppliers suggests.Figures show demand for solar panels, electric vehicles and heat pumps in Great Britain has leapt since the war began on 28 February, as households brace for a sharp increase in monthly payments when the next energy price cap takes effect in the summer. Continue reading...

Analysis shows they are reliant on market investors such as hedge funds, which contributed $4tn last yearBusiness live – latest updatesEmerging economies are at greater risk of higher interest rates and currency shocks as a result of the Iran war because of increased reliance on market investors such as hedge funds, the International Monetary Fund has warned.The IMF’s analysis shows that a cumulative $4tn flowed into emerging markets last year from outside the formal banking sector – including from hedge funds and investment funds. Continue reading...

• A Gallup poll reveals 61% of Americans are 'extremely' or 'very' concerned about rising healthcare costs and insurance premiums, now topping all other domestic issues. • Concern spans parties: 89% of Democrats, 80% of independents, and 72% of Republicans express high worry over healthcare affordability. • The finding surpasses fears about the economy or inflation, highlighting healthcare as a unifying voter priority ahead of elections.

Consumers brace for ‘awful April’ and Iran war cost hikes, which have pushed UK’s gas market past three-year highs Households in Great Britain could see their energy bills increase by about £290 a year to almost £2,000 from this summer in a “tough pill to swallow” for consumers already braced for a volley of “awful April” cost hikes from Wednesday.A typical gas and electricity bill is now forecast to reach £1,929 a year from July under the industry regulator Ofgem’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight. Continue reading...

Health secretary still confident of success but critics say scrapping of NHS England has been ‘a total car crash’NHS to miss targets for cutting A&E wait times and performance in EnglandIn the Great Hall at the University of East London last Wednesday, the perennially upbeat Wes Streeting was exuding even greater positivity than usual. After years of neglect under the Conservatives, he said, the NHS was starting to revive thanks to Labour’s medicine.In a bravura performance in front of an audience of health service bosses, policy experts and student nurses in their blue and green uniforms, Streeting reeled off a long list of improvements in his 20-month tenure as health secretary. Continue reading...

Donald Trump says he was ‘a little surprised’ at Australia’s lack of support, echoing comments from a week beforeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastDonald Trump has taken another swipe at Australia, alongside Nato, the UK and most of the rest of the world, for not getting more involved in the US-Israel war against Iran.At a press conference on Thursday at the White House, the US president was asked to reflect on phone calls with the UK prime minister Keir Starmer. He began by describing Starmer as a “lovely man”. Continue reading...

Bypassing animal health certificate system by using cheaper pet passport issued abroad could backfire, experts sayBritish pet owners who want to take their furry friends elsewhere in Europe have been warned not to try to dodge expensive health certificates by using a pet passport issued abroad.Before Brexit, taking a cat, dog or ferret to the EU was relatively simple: the Pet Travel Scheme meant an animal needed a microchip, vaccination against rabies, a pet passport and, for dogs, there were also requirements concerning tapeworm treatment. Continue reading...

• University of Utah geophysicists used electromagnetic data from airborne surveys to identify a newly discovered freshwater reservoir under the Great Salt Lake's Farmington Bay, marking a first-of-its-kind breakthrough. • The reservoir, located in a key area of the lake, could potentially alleviate Utah's ongoing water scarcity issues amid prolonged drought conditions. • This finding matters as it reveals untapped groundwater resources critical for the western U.S., where the Great Salt Lake has shrunk by nearly 50% since 1980 due to overuse and climate change.

Regime will do whatever it takes to cling on to power – including sacrificing economies of other Gulf statesMiddle East crisis – live updatesBrinkmanship, the ability to take a country to the edge of war without plunging it into the abyss, was the cornerstone of cold war diplomacy. But in our different, more unstable times – in which the line between state and non-state actors has blurred, and weapons of war have diffused – the world this week finally tipped over the edge, and suddenly it is in freefall.The first six days of the Iran war cost the US $12.7bn (£9.5bn), but now the Pentagon is seeking as much as $200bn in military funding. Oil at $125 a barrel is no longer an Iranian, or Russian, fantasy. The crown jewel of Qatar, Ras Laffan – the world’s largest liquefied natural gas plant – may not reopen fully for five years, at a cost of $20bn a year. Other combustible oil depots in the Gulf, from Bahrain to Abu Dhabi, are exposed to Iran’s low-cost drones. Then add the human cost of 18,000 civilians injured and more than 3,000 killed in Iran alone. Continue reading...

Exclusive: Chris Bryant says policy agreements are being done in bits and pieces but a greater vision is needed by both sidesIt was all smiles and warm handshakes when the two men in charge of renegotiating the UK’s relationship with the EU met in Brussels this week.Maroš Šefčovič and the UK minister for EU relations, Nick Thomas-Symonds, sharing a stage on the third floor of the vast European parliament building, were at pains to show the cross-Channel relationship was in a good place after years of rancour. Continue reading...

Consultancy’s forecast of £1,972 annual dual fuel bill follows conflict pushing UK’s gas market past three-year highsBusiness live – latest updatesHousehold energy bills in Great Britain could soar by more than £330 a year to almost £2,000 from this summer after the war in Iran pushed the UK’s gas market past three-year highs.A typical combined household gas and electricity bill is now forecast to reach £1,972 a year from July under the UK government’s quarterly price cap, according to analysis by Cornwall Insight, an energy consultancy. Continue reading...

Changes revealed by Andy Burnham to support night-time economy follow rapid growth in ridershipNight buses will run to every borough in Greater Manchester as the city region expands its publicly controlled Bee Network.The mayor, Andy Burnham, announced a number of new services alongside figures showing rapid growth in ridership since buses were taken back under public control in 2023. Continue reading...

Refund systems for individual train operators to be merged into single service under nationalised rail bodyRail passengers will be able to claim compensation for delayed trains directly from the website where they bought their ticket, the government has said, as part of a shake-up to make rail travel simpler.Passengers who use third-party retailers such as Trainline to buy tickets currently, have to submit applications for refunds to the relevant train operator for processing. Continue reading...

Need something brilliant to read this weekend? Here are six of our favourite pieces from the last seven days Continue reading...