66 h. ago Starmer’s shambles in No 10 risks handing power to Farage, Alastair Campbell warns

Tony Blair’s former director of communications intervention comes as the PM comes under pressure to sack his chief of staff Morgan McSweeney

Events

3 d. ago SoftBank shares dive after Nvidia sale puts AI valuations in spotlight – business live

Rolling coverage of the latest economic and financial news, as investors ponder AI valuations and SoftBank’s growing funding demands for OpenAIJapan’s government is growing anxious about its weakening currency.The yen, which has been generally weakening since the start of October, is approaching the significant level of ¥155 to the dollar, a point where Toyko has intervened in the markets before“We’re seeing one-sided, rapid currency moves of late.The government is watching for any excessive and disorderly moves with a high sense of urgency.”The reopening of the U.S. government has been a bittersweet elixir for the greenback.On one hand, risk is back on — stocks have caught a second wind, buybacks are flowing, and high-beta FX like AUD are catching the same tailwinds that power stocks. On the other hand, the same optimism that revives equity appetite also reawakens the yen’s old nemesis: carry.“We have delivered a resilient performance thanks to the hard work of our teams on the gro...

Economics

4 d. ago Shell hands back ScotWind lease risking £3bn of Scottish investment amid 'fierce headwinds'

Shell has given a 3GW floating wind lease back to Crown Estate Scotland after reportedly failing to sell it on to another renewables developer

Economics

1 week ago King warns of AI risks as he hands out awards to tech leaders

‘I need to talk to you’ was the first thing Charles told Mr Huang at the St James’ Palace event

Events

1 week ago Arsenal face Champions League suspension risk as Mikel Arteta handed dilemma

Arsenal will be looking to maintain their 100% start to the Champions League when they take on Slavia Praha on Tuesday night, but will be wary of a potential suspension concern

Sport

1 week ago Warning to anyone trying to save money on cheaper gifts this Christmas

MoneyMagpie Editor and financial expert Vicky Parry warns of the risks of buying second-hand and which consumer rules you need to know

Events

2 w. ago Nigel Farage's Reform slammed as Putin friendly after Russia bribes bombshell

Keir Starmer warned it would be an 'absolute disaster' for the UK's defence if Nigel Farage got into power after being questioned about shamed former MEP Nathan Gill

Politics

2 w. ago Keir Starmer's UK ID card system is 'a shambles – I know, I tried to get one'

EXCLUSIVE: A British man could be forced to resign from his own company thanks to a mess caused by the UK's current Digitial ID card system – with a mass rollout in the works

Politics

3 w. ago 'Victims don't believe you!' Starmer dismisses demands for minister to quit over grooming gangs shambles as he denies 'cover

In bruising clashes at PMQs, Keir Starmer insisted the probe would not be 'watered down' to avoid considering 'racial and religious motivations'.

Politics

3 w. ago Are hand sanitisers the next thing to be banned by the EU? Key ingredient under scrutiny 'due to cancer risk'

EU health officials proposed getting rid of or replacing products containing the ingredient over cancer concerns and the increased risk of pregnancy complications.

Events

3 w. ago Dear Britain, do you worry that Team Farage is just a hot mess in power? Or is everyone too angry to care | Marina Hyde

Footage of Reform councillors fighting is further proof that uselessness abounds, but that’s almost moot. To voters they are very useful idiots “I’m meant to be on bloody holiday this week, Paul! I don’t want to be having this meeting!” There is much to enjoy about the patriotic revolution in government promised by the leaked footage obtained by the Guardian of the Reform UK group of councillors running Kent county council. Take council leader Linden Kemkaran speaking for all free speech absolutists when she declares: “Paul! Paul! I’m going to mute you in a minute!” Or consider her repeatedly stated vision of the imperfections of representative democracy: “You’re just going to have to fucking suck it up, OK?”Even so I think the standout bit is when Kemkaran, who acknowledged Kent’s “flagship” status for the party and its leader Nigel Farage, says: “If we can avoid putting up council tax by the full 5%, that is going to be the best thing that we can do to show that Reform can run som...

Politics

3 w. ago Trump EPA seeks to weaken scrutiny for some of US’s most toxic chemicals

New rule would prohibit states from banning dangerous chemicals, and could invalidate hundreds of protectionsA new rule proposed by the Trump administration would dramatically weaken safety reviews for some of the nation’s most toxic chemicals that are already on the market, public health advocates and an EPA employee warn.Many of the chemicals that would receive less scrutiny are among the nation’s most dangerous substances, including PFAS, formaldehyde, asbestos and dioxins. Each poses serious health risks in consumer goods, or for workers handling the substances, advocates say. Continue reading...

Politics