22 m. ago Kraft Heinz to split a decade after merger in bid to revive growth

Chicago-based food group says it will split into two publicly traded companies through tax-free spin-offBusiness live – latest updatesKraft Heinz, the US company behind kitchen staples such as Philadelphia cheese and Heinz tomato ketchup, has announced plans to split into two independent businesses a decade after it was created in a mega merger.The Chicago-based packaged food group said it would separate into two publicly traded companies through a tax-free spin-off to try to reduce complexity and improve financial performance after years of falling sales. Continue reading...

Politics

23 m. ago Pressure rises on Reeves as government borrowing costs hit 27

Chancellor will face more limited fiscal headroom at budget after yield on 30-year bond increases to 5.68%Business live – latest updatesReshuffle gymnastics prepare Starmer to walk tricky budget tightropeBritain’s long-term borrowing costs have hit their highest level in 27 years, intensifying the pressure on the chancellor, Rachel Reeves, before the autumn budget.The yield, or interest rate, on 30-year UK government debt hit 5.714% on Tuesday. That is its highest level since 1998, indicating that it will cost the UK more to borrow from the markets, above the previous 27-year high of 5.649% set in April. Continue reading...

Events

25 m. ago A6 live updates as police and paramedics descend on major Greater Manchester road following crash

The road is partially closed

Events

2 h. ago Europe live: Putin claims he never opposed EU membership for Ukraine but draws line at Nato

Russian leader, continuing China visit, is joined by Slovakia’s Robert FicoOver in Beijing, Russia’s Vladimir Putin has met with Slovak prime minister Robert Fico, with the pair giving brief statements to the media in the last few minutes.In his remarks, Putin said that that Moscow had never opposed Ukraine’s potential membership of the European Union, and dismissed claims that Moscow was somehow planning to attack Europe. Continue reading...

Politics

4 h. ago Europe live: US treasury secretary indicates growing frustration with Putin over Ukraine

Scott Bessent says ‘all options on the table’ and condemns ‘despicable’ increase in attacks as Russian leader receives warm welcome in Chinain BrusselsBelgium will recognise a Palestinian state at the UN general assembly, adding to the growing number of countries seeking to put pressure on Israel and keep alive a two-state solution to end the conflict.“In view of the humanitarian tragedy playing out in Palestine and particularly in Gaza, and in the face of the violence perpetrated by Israel in violation of international law, given its international obligations, including the duty to prevent any risk of genocide, Belgium had to take strong decisions to increase pressure on the Israeli government and the Hamas terrorists.” Continue reading...

Politics

4 h. ago London travel news LIVE: Severe delays on Jubilee and Piccadilly lines

Live updates on London’s latest travel news across Tube, railways and roads

Politics

5 h. ago London travel news LIVE: Jubilee line part suspended between London Bridge and Green Park

Live updates on London’s latest travel news across Tube, railways and roads

Politics

5 h. ago Belgium to recognise Palestinian state at UN and sanction Israel – Middle East crisis live

Foreign minister says move is not aimed at Israeli people but ‘ensuring their government respects international and humanitarian law’The Guardian’s political correspondent Eleni Courea has done an explainer in July with a section looking at what recognising Palestine would look in practice. Here is an extract:Recognition is a symbolic step but one that would infuriate the Israeli government, which argues that it would encourage Hamas and reward terrorism.It is in effect a formal, political acknowledgment of Palestinian self-determination – without the need to engage in thorny practicalities such as the location of its borders or capital city.In light of the humanitarian tragedy unfolding in Palestine, particularly in Gaza, and in response to the violence perpetrated by Israel in violation of international law, given its international obligations, including the duty to prevent any risk of genocide, Belgium had to take strong decisions to increase pressure on the Israeli government an...

Politics

6 h. ago Woodhead Pass live updates as traffic held and long queues build up after crash

Emergency services are in attendance

Events

6 h. ago Woodhead Pass traffic held and long queues build up after crash

Emergency services were in attendance

Events

6 h. ago M60 live updates as incident causes long traffic delays on three Greater Manchester motorways

Queues are also building on the M61 and M62

Politics

6 h. ago M60 live updates as two incidents cause long traffic delays on three Greater Manchester motorways

Queues are also building on the M61 and M62

Politics

6 h. ago M60: Two incidents cause long traffic delays on three Greater Manchester motorways

Queues built up on the M61 and M62

Politics

6 h. ago London travel news LIVE: District, Jubilee and Mildmay lines part suspended

Live updates on London’s latest travel news across Tube, railways and roads

Politics

7 h. ago ‘Cosmic’ bioluminescent algae lights up Melbourne’s St Kilda beach

First observed in Sydney in 1860, the ‘magical’ phenomenon has become more common in Australia’s warming waters since the 1990sFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastBeachgoers in Melbourne have been treated to the “cosmic and magical” sight of bioluminescent algae off St Kilda beach this week.Richard Pensak, a marine biologist at local environment group Earthcare St Kilda, spotted the bright pink-coloured cloud in the water on Sunday, and immediately knew what it was. Continue reading...

Politics

8 h. ago Live M6 traffic updates as motorway closed after crash sees lorry overturn in Lancashire

There has also been a fuel spillage in the area

Events

17 h. ago Coco Gauff v Naomi Osaka live: US Open latest score and updates from fourth

Former US Open champions Osaka and Gauff meet for a place in the quarter-finals

Politics

20 h. ago Live updates as all traffic held on M4 after crashes on both sides of motorway near Porthcawl

All traffic is currently being held on one side of the motorway and there is also reported to be a crash on the other side

Events

20 h. ago Crashes on both sides of M4 near Porthcawl cause long queues

They caused significant delays during rush hour with all traffic held for a time

Events

21 h. ago Transfer news live: Deadline day updates as Guehi and Isak take Liverpool medicals, Man Utd and Arsenal seal deals

It’s transfer deadline day in the Premier League and across Europe as clubs scramble to finalise their business before the 7pm BST cut-off

Economics