Sources say German group may struggle to recoup its investment as titles shift to less profitable modelsAxel Springer did not complete due diligence on the Telegraph before sealing its £575m takeover, with sources saying the German media company could struggle to recoup its eye-watering investment as the titles shift toward less-profitable digital subscribers.To wrap up the deal quickly, Mathias Döpfner, the chief executive of Axel Springer, decided to forgo the usual extensive due diligence process to vet the value and prospects of a company, according to multiple sources. Continue reading...
MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to MauritiusDays after the first wave of Russian tanks surged over the border into Ukraine in March 2022, dockers at a port in northern England took a stand.Appalled by Vladimir Putin’s brutality, workers at Ellesmere Port in Cheshire vowed never to unload any Russian oil destined for the nearby Stanlow refinery, a major hub for UK fuel supplies. Continue reading...
Tectonic plate movements over millions of years have lifted and tilted the layers, with records of ancient earthquakes in the rocksGet our breaking news email, free app or daily news podcastMicroscopic fossils embedded in limestone have helped reveal the true age of Victoria’s Twelve Apostles, as 8.6 to 14m years old.The conclave of giant golden pillars is visited by 2.8 million tourists each year, a highlight for those travelling along the Great Ocean Road south-west of Melbourne. Continue reading...
Donald Trump’s conflict with Iran could speed the EU’s green revolution – if panicking governments can hold their nerve on clean energy• Don’t get This Is Europe delivered to your inbox? Sign up hereA surge in demand for electric vehicles across Europe may be evidence of what George Monbiot greeted as the silver lining of the Iran war. Sales of electric cars in continental Europe rose by 51% in March.The International Energy Agency has called the disruption in the strait of Hormuz the “biggest energy crisis in history”, but it appears, on one level, to be accelerating Europe’s green revolution. Yet, even if car-owners are rushing to the EV showrooms, some European governments, facing a groundswell of anger over soaring petrol and gas prices, are at risk of sending the clean energy transition into reverse. Continue reading...
Guardian investigation uncovers decision by UK security officials to deny clearance before Mandelson took up role as US ambassadorOfficials debate withholding Mandelson vetting documents from parliamentFive key questions: Who overruled the decision to deny Mandelson security clearance?Peter Mandelson failed his security vetting clearance but the decision was overruled by the Foreign Office to ensure he could take up his post as ambassador to the US, an investigation by the Guardian can reveal.According to multiple sources, Mandelson was initially denied clearance in late January 2025 after a developed vetting process, a highly confidential background check by security officials. Continue reading...
Experts say paid participants are using automated tools to generate unreliable survey responses at scaleIf you had been keeping tabs on the news about church attendance in Britain lately, you would be forgiven for thinking the country was in the midst of a Christian revival.Stories of swelling congregations, filled with young people returning to the flock, spurred on by everything from social media to a rise in bible sales appeared to be confirmed by a 2024 report from the Bible Society. Continue reading...
Pardoned by Trump after violating US banking law, Ben Delo provides funding, networking, and podcasting space for a range of groups, including those with hardline views on migration and abortionA British billionaire convicted in the US for failing to implement adequate money-laundering controls on his cryptocurrency business is funding a political base in the heart of Westminster used by “anti-woke” and rightwing activists.Ben Delo, 42, who was pardoned by Donald Trump last year, has given support in kind to Rupert Lowe, the anti-migration MP challenging Nigel Farage from the right – while also connecting with mainstream figures including the Conservative leader Kemi Badenoch and former cabinet minister Michael Gove. Continue reading...