UK and South Korea sign new trade deal aimed at cars, salmon and Guinness

The UK has signed a new trade deal with South Korea designed to increase exports of cars, Scottish salmon and Guinness canned in Britain.Keir Starmer described the deal, which replaces an existing agreement, as “a huge win for British business and working people”. It follows UK deals with India and the US, and the free trade agreement with the EU clinched this year.Existing trade between the UK and South Korea is worth more than £15bn a year under a 2019 post-Brexit arrangement. The new deal covers the exports of services, automotive, pharmaceutical and food and drink, and would bring an extra £400m a year to the British economy, the UK government said

Morrisons becomes first UK supermarket to delay net zero targets

Morrisons has become the first UK supermarket chain to postpone its net zero carbon emission targets, delaying them by 15 years to 2050.Britain’s fifth-biggest grocer said its new targets would cover the entire supply chain, as well as Morrisons stores, including emissions from agriculture and land-use sources.The Bradford-based company said it had achieved a 22% reduction in total carbon emissions since 2019 – its baseline – through operational changes, energy-efficiency projects, lower-carbon logistics and collaboration with its suppliers.Morrisons denied the changes were a watering down of its targets.Andrew Edlin, head of sustainability at the chain, said: “The validation of these targets reaffirms Morrisons’ commitment to sustainability and the move to a 2050 target across the full value chain is a big step forward in our journey to net zero

The big quarrels over the workers’ rights bill have barely started | Nils Pratley

Will the employment rights bill be passed by Christmas? Well, the chances are slightly improved after six leading business groups published a temperature-lowering letter on Monday that said parliament, which in this instance means the blockers in the House of Lords, should get on with it.The employers, note, are still unhappy about the issue that triggered the most recent revolt by Conservative peers and a few cross-benchers: the removal of a cap on compensation claims for unfair dismissal. But they’re more worried that further delays would jeopardise their negotiating victory last month, namely the government’s U-turn on rights guaranteeing workers protection against unfair dismissal from day one of employment. A six-month qualifying period was adopted instead, with the blessing of the TUC, which was similarly motivated by trying to get the bill over the line quickly.The Lords is still free to object and add amendments again, of course

UK house prices tipped to rise by up to 4% in 2026 as affordability improves – as it happened

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.With the year almost over, thoughts are lightly turning to what might happen in 2026.And lender Nationwide is predicting that UK house prices will climb by up to 4% next year, as getting onto the housing ladder becomes slightly less difficult.In their Outlook for 2026, Nationwide’s chief economist Robert Gardner predicts that lower borrowing costs could help the market in the 12 months ahead, saying:“Looking ahead, we expect housing market activity to strengthen a little further as affordability improves gradually (as it has been in recent quarters) via income growth outpacing house price growth and a further modest decline in interest rates.We expect annual house price growth to remain broadly in the 2 to 4% range next year

Brighton’s struggling independent stores: ‘The nation of shopkeepers will go on the dole’

City’s small shops are reaching tipping point amid higher business rates, staff costs and big chains eager to move inIt’s lunchtime at Dormitory, an independent bedlinen store on Gloucester Road in Brighton, and proprietors Sue Graham and Cathy Marriott are peering across the street at the Brighton Sausage Co. They can tell when shoppers have stayed indoors by the number of sausage rolls left in the window. It’s a Tuesday before Christmas – supposedly the busiest time of the year. But there’s still a big pile remaining.“In 10 years’ time, we’re all going to be going, ‘We need shops

Roomba maker iRobot bought by Chinese supplier after filing for bankruptcy

The US company behind the Roomba robot vacuum cleaner has filed for bankruptcy protection and agreed to be taken over by one of its Chinese suppliers.iRobot, which is best known for debuting the Roomba vacuum cleaner in the early 2000s, will be taken over by a subsidiary of its main supplier, Picea Robotics.The Roomba maker, which is listed in the US, said it had filed for Chapter 11 bankruptcy in Delaware as part of a restructuring agreement with Picea.iRobot’s earnings have come under pressure in recent years, hit by supply chain problems and the rise of cheaper competitors. The company warned earlier this month that it could face bankruptcy

Young people bearing brunt of UK jobs downturn, thinktank warns

Young people are bearing the brunt of Britain’s jobs downturn, according to a report, before official figures this week that are expected to show the UK unemployment rate rising to 5.1%.The Resolution Foundation thinktank said a “jobs deficit” was pushing a growing number of graduates and non-graduates into unemployment as employers reduced hiring.City economists expect the unemployment rate to have edged up from 5% in September to 5.1% in October, in Tuesday’s update from the Office for National Statistics

Green sleeves? Laundry detergent being tweaked owing to gen Z’s love of matcha

It used to be curry sauce, egg yolk and red wine that ruined Britain’s clothes but in a sign of the times laundry detergents are being reformulated to tackle stains left by matcha lattes, Aperol spritz and bubble tea.In a month when year-end gongs are dished out, from BBC Sports Personality to Pantone’s Colour of 2026 (a white called “cloud dancer”), matcha has received the dubious accolade “stain of the year”.The honour has been handed to the Japanese green tea after it topped the inaugural “stains index”. The ranking, compiled by the washing detergent maker Unilever, identified “new and emerging stains based on evolving lifestyles and culture”.To this end, matcha, Aperol and bubble tea top what was an actual laundry list of the country’s hottest stains

Want job security in the age of AI? Get a state license – any state license

When I was in college and didn’t know what to do with my life, my dad offered this career advice: be a certified public accountant. Why?“Because,” he said. “People will always need their taxes done. They’ll always need financial advice. With a CPA license, you can always hang out a shingle and put food on the table

Don’t use ‘boilerplate’ reasons to justify big executive pay rises, UK firms warned

The UK’s largest listed companies have been warned against using “boilerplate” arguments to justify big executive pay increases by an influential group of shareholders.The Investment Association (IA) – whose members manage £10tn of assets – has told pay committees to avoid “benchmarking”: where companies argue higher pay is needed in order to match rivals and avoid bosses jumping ship for larger salaries and bonuses elsewhere.The IA – whose members include Schroders, Legal & General and Aviva – used its annual letter to London-listed companies to say that the “use of benchmarking on its own to justify increases in remuneration is not appropriate, as it can lead to a ratchet effect in the market”.It stopped short of naming any individual company but said it expected “well-substantiated” rationales for pay rises from remuneration committees.“To date, members have observed that some rationale disclosures have not met this expectation, with remuneration committees using boilerplate and generic justifications, often citing ‘competitiveness against peers’ or the need to ‘attract and retain talent’ without any further supporting information,” the letter said

Almost half of people using employment providers threatened with payment suspensions, new data shows

Almost half of all people using employment services received threats to suspend their payments in the last quarter, new data has revealed.The data from the Department of Employment and Workplace Relations (DEWR) showed a 23% increase in the number of payment suspension notices issued by Workforce Australia, with 618,000 issued from 1 July to 30 September 2025, up from from 504,000 in the previous quarter.It comes as advocates call for a pause in suspensions until the government can ensure the target compliance framework (TCF), the automated system that runs mutual obligations and has just been investigated by the commonwealth ombudsman, is working legally.In an October 2025 Senate estimates hearing, Senator Jess Walsh said the government knew Centrelink payment suspensions were causing harm, but defended leaving them on despite questions over whether they were used lawfully.Of the 618,000 payment suspension notices issued just by providers, 290,000 resulted in a temporary pause of payment

How many more times will the Bank of England rescue Rachel Reeves? | Richard Partington

In the economic gloom of Labour’s first year in power, Rachel Reeves has had a reliable shred of comfort to cling to: five times since the general election, the Bank of England has cut interest rates.This week, in all likelihood, the chancellor will get a sixth to shout about, as Threadneedle Street prepares to reduce borrowing costs in an early Christmas present that will be seized upon by the Treasury.The view in the City is that a festive cut on Thursday is odds-on. After last week’s disappointing October growth figures, the jobs market and consumer prices data due out on Tuesday and Wednesday – before the rates decision – are expected to confirm that inflationary pressures in the UK economy are fading.But while a cut will be good news for businesses, mortgage borrowers and the beleaguered occupants of Downing Street, attention will quickly shift to the prospects for 2026

‘Every chef should train here’: Turkish restaurant ranks fourth on list of London’s top food spots

On a list of London’s best restaurants, you would expect to see the usual Michelin-starred suspects such as The Ledbury, Ikoyi and The Ritz. But high among these culinary heavyweights sits a humble salonu tucked away in the depths of north London.Neco Tantuni, a small Turkish eatery specialising in the foodie delights of Mersin, a city located on the southern coast of Turkey, has been crowned the fourth best restaurant in London by Vittles, the trendy food magazine that has become a bible for those looking for the best (and more off-the-radar) grub in the capital.“I’m totally shocked,” says Eren Kaya, whose parents hard graft has resulted in their restaurant, situated in a far-flung corner of Enfield, being placed near the top of the 99-strong list.The small shop, which was a greasy spoon cafe before being transformed into the hugely popular food hotspot, hasn’t fully shed the character of its former self

Ho, ho, Hamburg: bringing the flavours of a true German Christmas market home

From glühwein to lebkuchen, bratwurst to stollen, recreating the delicacies I sampled in the city’s festive markets is wholly achievable. Plus, a new digital cookbook for a good cause Sign up here for our weekly food newsletter, FeastWithout wanting to sound tediously Scrooge-like, the German-style markets that have become seasonal fixtures in many British cities over the last few decades never make me feel particularly festive. What’s remotely Christmassy – or German – about Dubai-chocolate churros and Korean fried chicken, I grumble as I drag the dog (who enjoys all such things) around their perimeters.Hamburg’s markets, however, which I was myself dragged around last weekend, are a very different story. For a start, the city has many of them, mainly fairly small – and some, such as the “erotic Christmas market” in St Pauli, with a particular theme

Christmas gift ideas for drinks lovers, from champagne to canned cocktails

Don’t get pulled in by silly gadgets: buy presents you’d be happy to receive yourselfThe Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more.Alcohol is an unavoidable part of a festive spread (for more advice on which wines, beers and other drinks I like for each and every occasion, take a look at last week’s Christmas drinks guide), but, sometimes, a drink deserves a place under the tree as well as around it – especially if it’s an easy win for a drinks devotee for whom you need to buy a prezzie.The Guardian’s journalism is independent

Nine bring-a-plate ideas for Christmas drinks, barbecues and dinner parties this summer – recipes

Like nibblies, the concept of bringing a plate to a social event or a host’s home can be deeply confusing across cultures and generations. Are you carting canapes? Are you slinging salad? Are you delivering dessert? If we’ve learned anything from the tragedy of Romeo and Juliet, it’s that communication is key. So if you’re unsure about what your host expects, just ask.Below are nine summer-friendly recipes to suit various bring-a-plate scenarios: one-bite snacks that go with cocktails, salads to bring to barbecues and make-ahead dessert for dinner parties, arranged in each category from easiest to most ambitious.And if time is seriously short, you could throw together a pleasingly arranged antipasto-ish plate comprised of Guardian Australia’s top supermarket taste test products: crackers, feta, salami and pickles

Toffee Crisp and Blue Riband no longer called ‘chocolate’ after recipe change

Toffee Crisp and Blue Riband bars can no longer be called chocolate after Nestlé reformulated their recipes due to the increasing cost of ingredients.The Swiss conglomerate now describes the treats as being “encased in a smooth milk chocolate flavour coating”, rather than being covered in milk chocolate.In the UK, a product needs to have at least 20% cocoa solids and 20% milk solids in order to be described as milk chocolate, a level each product fell below after a higher amount of cheaper vegetable fat was used.Nestlé said the changes were necessary due to higher input costs but were “carefully developed and sensory tested”, adding there were no plans to alter the recipes of other chocolate products.A spokesperson for Nestlé said it had seen “significant increases in the cost of cocoa over the past years, making it much more expensive to manufacture our products

How to use a spent tea bag to make a boozy, fruity treat – recipe | Waste not

Save a used teabag to flavour dried fruit, then just add whisky for a boozy festive treatA jar of tea-soaked prunes with a cheeky splash of whisky is the gift you never knew you needed. Sticky, sweet and complex, these boozy treats are wonderful spooned over rice pudding, porridge, yoghurt, ice-cream or even panna cotta.Don’t waste a fresh tea bag, though – enjoy a cuppa first, then use the spent one to infuse the prunes overnight. Earl grey adds fragrant, citrus notes, builders’ tea gives a malty depth, lapsang souchong brings smokiness, and chamomile or rooibos offer softer, floral tones. It’s also worth experimenting with other dried fruits beyond prunes: apricots, figs and/or dates all work beautifully, too

Christmas food gifts: Gurdeep Loyal’s recipes for Mexican-spiced brittle and savoury pinwheels

Edible Christmas gifts are a great excuse to get experimental with global flavours. For spice lovers, this moreish Mexican brittle, which is inspired by salsa macha (a delicious chilli-crunch), is sweet, salty, smoky, crunchy and has hints of anise. Then, for savoury lovers, some cheesy pinwheel cookies enlivened with XO sauce. XO is a deeply umami condiment from Hong Kong made from dried seafood, salty ham, chilli and spices. Paired with tangy manchego, it adds a funky kick to these crumbly biscuits

Festive treats: Adriann Ramirez’s recipes for pumpkin loaf and gingerbread cookies

As a self-proclaimed America’s sweetheart (Julia Roberts isn’t using that title any more, is she?) who moved to the UK nearly 10 years ago, there are a few British traditions and customs that I have adopted, especially around Christmas time. However, there are also a few American ones that I hold on to staunchly: one is the pronunciation of “aluminum”, and another is the importance and beauty of a soft cookie. In both of these easy but delicious bakes to share, I use spice and heat to balance the usual sweetness with which the season can often overload us.Prep 5 min Chill 1 hr Cook 50 min, plus cooling Makes 10-12520g plain flour, plus extra for dusting 8g cocoa powder 8g ground ginger 3g ground cloves 5g ground cinnamon 3g aleppo pepper 4g coarsely ground black pepper 7g table salt 3g bicarbonate of soda 225g soft unsalted butter 175g caster sugar 1 large egg (60g) 77g treacle 77g pomegranate molasses 40g golden syrupFor the icing120g icing sugar 30g waterWhisk the first nine ingredients in a bowl and set aside. Either in the bowl of a stand mixer or using a handheld mixer, beat the butter for a few minutes until light and creamy

Nutcracker stocking fillers: Brian Levy’s recipe for sugar plum and coffee cookies | The sweet spot

These festive cookies are inspired by The Nutcracker’s Land of Sweets sequence, in which coffee and sugar plums are two of the flavours used to conjure a fanciful world of decadent diversion. Anything from a hard candy to a candied fruit can qualify as a “sugar plum” and, in the case of these cookies, the sugar plum is represented by the amarena cherry. Coffee’s bitterness balances the sweetness of the fruit and the rich butteriness of the dough, while the oat flour adds a dash of shortbread-like delicateness.Prep 10 min Chill 30 min+ Cook 35 min, plus cooling Makes 36185g room-temperature butter75g sugar2 tsp instant coffee/espresso powder1 tsp unsweetened cocoa powderFinely grated zest of ½ lemon½ tsp vanilla extract⅛ tsp fine salt 180g plain flour 85g oat flour 36 amarena cherries in syrupTurbinado sugar, or pearl sugar or icing sugar, for dippingIn the bowl of a stand mixer fitted with the paddle attachment, beat the butter, sugar, coffee powder, cocoa, lemon zest, vanilla and salt, at first on low and then medium speed, until creamy and fluffy.Add both flours and beat just until combined with no dry flour remaining; don’t overbeat because this can toughen the texture

How to make the perfect Dubai chocolate bar - recipe | Felicity Cloake's How to make the perfect …

If you’re asking what on earth chocolate has to do with a city with an average annual temperature of 28C, then you must have been stuck in the desert for the past three years. Because, since its creation in the UAE in 2022, apparently to satisfy chocolatier Sarah Hamouda’s pregnancy cravings for pistachio and pastry, this bar has taken over the world. Though food (among those with the luxury of choice, at least) has never been immune to the absurdities of fashion, the internet has supercharged and globalised the process, so much so that pistachios, which back in January were dubbed “the new pumpkin spice” by this very newspaper, are now everywhere, from Starbucks lattes to Aldi mince pies.The thing is, however, that whatever your thoughts on green, sugary, coffee-adjacent beverages, Hamouda’s Dubai chocolate developed for Fix Dessert Chocolatier has triumphed, because it really does taste as good as it looks: crunchy pastry, sweet chocolate and rich, slightly savoury nut butter are an incredibly satisfying combination, so a big bar of it is guaranteed to impress under the Christmas tree. Experience demands that I suggest you wrap it in a pet-proof box, however – emergency vet bills are no one’s idea of a great present

The ultimate unsung superfood: 17 delicious ways with cabbage – from kimchi to pasta to peanut butter noodles

Over the last 50 years, cabbage consumption in Britain has declined 80%. But it’s versatile, full of vitamins, and perfect on a winter night. Here’s how to make the most of itIt’s not good news: despite a lot of messaging about healthy eating, Britons consume 12% less vegetables per week than they did in 1974, when the government’s Family Food survey began. And while the consumption of some specific vegetables – courgettes, say – has risen over the past 50 years, others have experienced a sharp decline. Among the biggest losers is cabbage

Christmas dinner in a restaurant or kitchen carnage at home?

Christmas dinner? At home or in a restaurant? It’s at this juncture of the year, with Christmas dinner hurtling towards us, that you may well find yourself muttering: “Well, we could always go out!” Who could blame any home cook for wanting to shove this great burden on to someone else’s back, especially since every culinary TV show, magazine article and advertising break since mid-November has hammered home what a colossal faff Christmas dinner actually is. No, it’s not just a slightly posh Sunday roast with a few more guests.Christmas dinner in the UK these days is more like a cross between dinner at Balmoral and 4 July at Mar-a-Lago. The table has to be heaving with holly-embossed crockery, the carrots must be bejewelled in star anise and Himalayan pink pepper, the turkey has to be brined in aromatic salt water and your roasties shaken in polenta and smothered in duck fat. If you’re the designated martyr organising proceedings, field-marshalling everything and cooking this tinsel-strewn palaver, it is common to try instead to divert it all to the local pub, where they’re doing “turkey and all the trimmings” for £79 a head (and including a cracker and a pre-dinner “glass of something sparkly”)