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Shirine Khoury-Haq and other managers did not receive annual bonus after damaging cyber-attack in 2025The former boss of the Co-op collected almost £2m before her sudden departure last month despite a difficult year when the retailer was pushed into the red by a damaging cyber hack.Shirine Khoury-Haq’s total annual pay package amounted to £1.9m in 2025, including a £165,000 “rewarding growth” bonus that was approved by the mutual’s board despite falling sales and the slide to an underlying loss of £125m. Continue reading...

Russian advances slowing, thinktank’s data shows; 14 killed in Ukraine in massive drone and missile salvo. What we know on day 1,501Russia’s army recorded almost no territorial gains on the frontline in Ukraine in March for the first time in two-and-a-half years, according to analysis of data from the Institute for the Study of War (ISW) conducted by Agence France-Presse. The Russian army has been slowing in its advances since late 2025 – because of Kyiv’s localised breakthroughs in the south-east of the country. Across the entire frontline, the Russian army seized only 23 sq km (8.9 sq miles) in March, losing territory in some areas, according to the analysis. This figure excludes infiltration operations conducted by Russian forces beyond the frontline, as well as advances claimed by the Russian side but neither confirmed nor denied by the ISW.The Russian army made 319 sq km of gains in January and 123 sq km in February, which was then the smallest advance since April 2024. Its advance in March was the smallest since September 2023. The ISW attributed the slowdown to Ukrainian counteroffensives, but also to “Russia’s ban on using Starlink terminals in Ukraine” and “the Kremlin’s efforts to restrict access to Telegram”. The messaging app – very popular among Russians, including those fighting on the front – has been barely usable in recent months due to blocks imposed by the authorities. As in February, Russia lost ground on the southern section of the frontline, between the Donetsk and Dnipropetrovsk regions.Russian strikes killed 14 people in Ukraine on Friday, officials said, as Moscow launched the latest in an increasing number of daytime barrages. Moscow has been firing aerial broadsides at Ukraine throughout its more than four-year invasion, mostly at night, but in recent weeks has stepped up daytime attacks. The Russian military used more than 500 drones and dozens of missiles in its salvo on Friday, according to the Ukrainian air force.Russia’s Baltic oil export hubs at Ust-Luga and Primorsk remain unable to handle shipments after a series of Ukrainian drone attacks, prompting the country’s refineries to find alternative routes for export, industry sources said on Friday. The attacks have damaged port infrastructure and continued through the last two weeks of March, with at least five strikes on Ust-Luga in the space of 10 days. Sources said the export restrictions, along with disruptions at large refineries, could lead to a decrease in oil production in Russia. Traders said refineries had been unable to deliver diesel fuel to Primorsk for export since 22 March, leaving refineries in European Russia and Siberia without their most viable export route. Traders said refineries were having to consider more expensive rail transport routes to other export terminals.Zelenskyy has called on lawmakers to pass key legislation next week to avert a funding crisis, help Ukraine fight the war against Russia, and enact key reforms required for EU accession. Due to lagging reforms and slow legislative progress in late 2025 and early this year, Ukraine missed deadlines to unlock billions from its key lenders, economists said. With the need for external financing standing at $52bn this year – equivalent to about a quarter of annual economic output – the budget situation is desperate. “I have a list of key draft laws that are critical for securing funding,” the Ukrainian president said in remarks released on Friday. They range from strengthening the court system to reforming energy sector procedures. “I believe that members of parliament from all parties must understand the importance of these bills for Ukraine’s budget,” said Zelenskyy, who has a majority in parliament but its relations with his government have soured. Continue reading...

Poll of 10,000 teachers also finds ‘overwhelming’ exam anxiety and rising absenteeism linked to poor mental healthAlmost half of primary school teachers are seeing pupils with eating disorders “at least occasionally”, rising to four in five at secondary level, according to a survey by the UK’s largest education union.The findings emerged in a poll of 10,000 teachers in English state schools about pupils’ mental health, which also revealed “overwhelming” exam anxiety in secondaries and dwindling numbers of counsellors to support students. Continue reading...

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...

People’s payments, account details and national insurance numbers visible to other users, says Treasury committeeLloyds Banking Group exposed the personal data of nearly 500,000 customers in an IT glitch that left people’s payments, account details and national insurance numbers visible to other users, a committee of MPs has revealed.A letter from Lloyds, published by MPs on the Treasury select committee on Friday, blamed the glitch on a software defect introduced during an IT update to its Lloyds, Halifax and Bank of Scotland mobile banking apps overnight into 12 March. Continue reading...

Trump administration announces deal with TotalEnergies to redirect investment in wind to oil and gas insteadAs a fuel crisis triggered by the war in Iran drives up global fossil fuel prices, the Trump administration has announced it will pay French energy major TotalEnergies $1bn to kill plans to construct wind farms off the US east coast.The deal is the latest blow to the US offshore wind industry, which has faced repeated disruptions to multi-billion-dollar projects under Donald Trump. Continue reading...

University polling and focus groups found sharpest increase in those worried about national security was cohort aged 18 to 24Nearly half of Australians believe a foreign military will attack the country within five years, as anxiety over national security issues rises sharply, a new study suggests.The Australian National University’s National Security College report found that two-thirds of those polled in 2026, including an increasing number of teenagers and young adults, were worried about national security issues. Continue reading...

Israeli air defence systems fail to intercept at least two projectiles during attacks on cities of Arad and Dimona Middle East crisis live – latest updatesIranian ballistic missile barrages wounded about 100 people in southern Israel on Saturday, striking the cities of Arad and Dimona after air defence systems failed to intercept at least two projectiles.Among the injured were a 12-year-old boy and a five-year-old girl, both reported to be in serious condition. 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...

Sergey Brin gives $25m on top of $20m he’s already given to Super Pac trying to blocking state’s proposed 5% wealth taxA Google founder has more than doubled his financial contribution to the fight against a proposed wealth tax in California. New filings with the state show that former Alphabet president Sergey Brin donated $25m to a Super Pac dedicated to blocking the tax on top of $20m he had already given.Brin is not alone among Google’s top brass in upping his financial stake in the campaign against the ballot proposal. The company’s former CEO Eric Schmidt donated $1.02m, adding to a previous $2m contribution. Continue reading...