Was 2025 the year that business retreated from net zero?

Almost a year since Donald Trump returned to the White House with a rallying cry to the fossil fuel industry to “drill baby, drill”, a backlash against net zero appears to be gathering momentum.More companies have retreated from, or watered down, their pledges to cut carbon emissions, instead prioritising shareholder returns over climate action.In the UK, the rise of Nigel Farage’s Reform UK has helped fracture the political consensus that had helped make Britain the first big economy to enshrine a commitment to cutting carbon emissions into law, in 2019. Earlier this year, the Conservative party leader, Kemi Badenoch, officially ditched net zero by 2050 as a Tory policy. Labour was even forced to defend its net zero policy after an attack by its former leader, Tony Blair

Why is Truth Social owner Trump Media merging with a fusion energy firm?

Trump Media & Technology Group, owner of Donald Trump’s social media platform, Truth Social, announced a merger on Wednesday with a company developing fusion energy technology.TAE Technologies, an energy company founded in 1998, will join with Trump Media via a $6bn merger that it promises will propel it to build “the world’s first utility-scale fusion power plant” next year.The move signals that the president and his family continue to look for profit-seeking ventures outside of Truth Social, which remains tiny compared with rival platforms such as Facebook, Instagram and X (formerly Twitter).Here is what we know about the deal so far.The media company, which has dabbled in financial services, is engineering a huge pivot and diving headfirst into nuclear energy

FTSE 100 closes near record high as Santa Rally builds, despite weak retail sales – as it happened

British retailers have suffered a slump in sales in the run-up to Christmas, and are gloomier about their prospects for the start of 2026, a new survey shows.In another sign that the UK economy is struggling, the Confederation of British Industry has reported that retail sales volumes fell at an accelerated rate in the year to December.This pulled the CBI’s gauge of how retail sales compared with a year earlier worsened to -44 in December from -32 in November.The new year is expected to start on a gloomy note for the retail sector. Retailers anticipate that annual sales will fall sharply next month, with expectations at their weakest since March 2021

Independent businesses: have your online sales been affected by the rise of AI?

We’d like to find out more about how your business has been affected by changes to online searches amid the rise of AI.Independent businesses have traditionally relied on online advertising for increased visibility and sales, even if they are based on the high street. However, with the introduction of AI mode and AI Overview summaries on Google, and the proliferation of LLMs such as ChatGPT or Google Gemini, people are altering their search habits, which may affect the online visibility of small businesses.With this in mind, we want to find out if there have been any changes to organic traffic to your business site or online sales in recent months. Are customers still able to discover your company online? Have you found new opportunities or have there been significant challenges? How is your business innovating to get seen online? Are you changing strategy?We’d also like to hear from customers – have you found it harder to track down independent retailers, or find relevant products online?You can tell us by using the form below or by messaging us

Former Yodel owner probably forged mother’s signature in takeover bid, judge rules

The former owner of Yodel probably forged his mother’s signature in an attempt to seize back control of the parcel delivery company, according to an “extraordinary” ruling issued on Friday by a high court judge.Jacob Corlett, a 31-year-old logistics entrepreneur, launched a takeover of Yodel in January 2024, buying the financially distressed company for £1 as part of a plan to merge it with his own parcels company, Shift.Within six months, Yodel was unable to pay its debts to HM Revenue and Customs and commercial partners, forcing Corlett to sell the business – also for £1 – to another company called Judge Logistics Ltd (JLL) in June 2024.Earlier this year, the Polish parcel locker company InPost bought JLL in a £106m deal.After a suit brought against him by Yodel, including for breach of fiduciary duty during his time as a director, Corlett launched an unsuccessful counterclaim intended to regain control of Yodel

WH Smith tries to recover bonuses from ex-bosses as watchdog investigates accounting error

WH Smith will try to take back as much as £7m in bonuses from former executives after revealing the UK’s financial watchdog has launched a formal investigation into a devastating accounting error linked to its US business.Almost £600m was wiped off the books to paperclips retailer’s stock market value overnight in August after it identified errors with accounting for supplier income and provision for lost stock going back to 2023 in its North American arm.Last month its chief executive, Carl Cowling, stepped down in the wake of the scandal. The company is searching for a permanent replacement.On Friday the company said it would be “applying malus and clawback to recover overpaid bonuses” from Cowling, and its former finance director Robert Moorhead, after the restatement of profits in its 2023 and 2024 financial year

Rail accident investigators issue warning over sensors on landslide monitors

Accident investigators have issued an urgent safety warning that the railway’s landslide monitoring equipment may not work when the earth moves suddenly, after discovering sensors did not transmit when a landslip derailed an intercity train.The front wheels of an Avanti West Coast train from Glasgow to London came off the tracks on 3 November when it hit debris washed on to the track by heavy rain near Shap, Cumbria, while travelling at 83 mph. Fortunately, the train stayed upright and only four passengers were injured.Network Rail had installed remote earth monitoring equipment at the Shap site, a known risk area in times of high rainfall.Investigators have found that the sensors nearest the landslip picked up minor earth movements in the railway cutting, from four hours to two hours before the accident, below the level to trigger an alert

Retail sales unexpectedly fall in Great Britain in run-up to Christmas

Retail sales unexpectedly slumped in the crucial run-up to Christmas, as cash-strapped shoppers held back on Black Friday spending, and uncertainty before the budget dampened consumer confidence.Sales volumes in Great Britain fell 0.1% month on month in November, according to official figures from the Office for National Statistics (ONS).Economists had been expecting sales growth of 0.4% compared with October, fuelled by the annual Black Friday sales bonanza

UK borrowed more than expected in November amid pre-budget pressure

The UK government borrowed more than expected in November, official figures show, amid pressure on the economy before Rachel Reeves announced her autumn budget.Figures from the Office for National Statistics (ONS) showed public sector net borrowing – the difference between spending and income – was £11.7bn last month, £1.9bn less than in the same month a year earlier.In the first snapshot since the chancellor’s tax and spending statement on 26 November, the reading was above City predictions of a £10bn deficit

MPs to question Vodafone on ‘unjust’ treatment of store franchise owners

Vodafone executives will next month meet MPs scrutinising the company’s treatment of scores of business owners running its stores.The move follows claims reported by the Guardian last week of suicide and attempted suicide by people who had agreed deals to run outlets for the £18bn telecoms company. The report led to suggestions that the government might consider new laws to correct the power imbalance in franchise agreements.A group of 62 former Vodafone franchisees brought a high court claim in 2024, alleging the company “unjustly enriched” itself in 2020 by slashing sales commissions.The court papers alleged that Vodafone acted in “bad faith” by unilaterally cutting fees to its franchisees; imposed fines of thousands of pounds for seemingly minor administrative errors; and then cajoled them into taking out loans and government grants to keep their businesses afloat

BP opts for culture shock with new CEO appointment, but the timing is odd

Here we go again. Just when you thought BP was trying to generate less drama, the new chair has decided a new chief executive is needed. Say goodbye to Murray Auchincloss, who junked the green-ish transition strategy of his predecessor as recently as February. Meg O’Neill, the American boss of the Australian group Woodside Energy, becomes BP’s first outside hire as chief executive.At face value, a new appointment should not be an outright surprise

‘We’ve future-proofed’: how UK’s biggest car factory upgraded for EV revolution

Nissan builds in capability to go fully electric at Sunderland plant amid scaling back of transition targets across EuropeCar bodies suspended from overhead rails move through Nissan’s factory in Sunderland, with workers stepping in to fit parts at different stations. At the newly installed battery “marriage station”, lifting machines push the most crucial component up into the body. Robots fit and tighten 16 bolts in under a minute – quick enough to ensure the constant flow of vehicles around Britain’s biggest car factory.The electric cars in question are the third generation of Nissan’s Leaf, after the Japanese carmaker this week launched production following £450m of upgrades.Beside the brightly lit final-inspection line, the industry minister Chris McDonald hailed the investment as an important part of the UK industry’s transition to electric vehicles

How to eat, drink and be merry – while pregnant – at Christmas

For a festival with childbirth at its religious heart, it is perverse how much of our traditional Christmas spread isn’t recommended for pregnant women. Pre-pregnancy, this was not something I’d clocked. I was the soft cheese supremo, canape queen – at my happiest with a smoked trout blini in one hand and a champagne flute in the other. Then one day in October, two blue lines appeared on a test result and everything started to change: my body, my future and most pressingly my Christmas.The Guardian’s journalism is independent

Jeremy Lee’s recipe for almond, chocolate and prune tart

A recipe box was rifled through, but, alas, much like shopping for a present last minute, nothing leapt to the fore. Out of the corner of an eye I spied an old folder of pudding menus, all stained and tattered. A wonder at how this might have escaped notice was soon dispelled – unsurprising, really, given the usual state of my desk and shelves – and the page on which it fell open revealed the scribbles for a midwinter pudding menu. And, just like that, as if the scent rose from the page itself, came a memory of an almond, chocolate, walnut and prune tart being lifted from the oven, all mahogany hued and with a few bubbles bursting from the pieces of chocolate among the prunes peeking out.My appetite for almond tart has never waned; be it in a restaurant kitchen or at home, an almond tart is nigh-on inevitable

Creme brulee and chocolate bundt cake: Nicola Lamb’s Christmas crowdpleasers – recipes

Even though our to-do lists are longer and our homes busier than ever, there’s something about Christmas that gives us the extra chutzpah to bake. And not just any baking, but baking for a crowd. So, with this in mind, here are two crowdpleasing recipes – a rich hazelnut “Nutcracker” creme brulee and a resplendent chocolate fondant bundt cake – with a few make-ahead and shortcut secrets to give you a head start.Serve this rich, decadent dessert warm from the oven in the centre of the table, piled with ice-cream (and perhaps pouring cream, too – why not? It’s Christmas!). The batter can be made and kept in the fridge for up to 24 hours, then baked from chilled; add an extra 10 minutes to the cooking time if you do so, though

How to turn excess yoghurt into a silky-smooth dessert – recipe | Waste not

A delicious, gelatine-free panna cotta that saves yoghurt from the waste binI was really shocked to learn from environmental action NGO Wrap that, of the 51,000 tonnes of yoghurt that’s wasted in the UK every year, half of it is in unopened pots! The reason is our old arch enemy, date labels, which can cause confusion and trick us into thinking that perfectly safe yoghurt is not OK to eat. That’s one reason many supermarkets have scrapped use-by dates on the likes of yoghurt, but they still use best-before dates. Remember, if a product doesn’t have a use-by date, always do the sniff test before throwing it away.Today’s recipe is a light, gelatine-free version of panna cotta that’s instead set with agar agar (a type of seaweed), which gives it a soft-set texture. It’s refreshing, deliciously sour and simple to make

Benjamina Ebuehi’s pistachio and cherry meringue cake recipe | The sweet spot

I’m switching up my usual Christmas pavlova this year for a slightly different but equally delicious meringue-based dessert. Discs of pistachio meringue are baked until crisp, then layered with pistachio cream and cherry compote. The meringue softens a little under the cream as it sits, giving it a pleasingly chewy, cake-like texture. A very good option if you’re after a Christmas dessert without chocolate, alcohol or dried fruit.Thanks to the viral Dubai chocolate bar, pistachio creme is quite easy to come by in most supermarkets these days; it’s already sweetened and brings a lovely, soft green colour

Australian supermarket canned peaches taste test: the winner has an ‘absurdly low price’

In a blind taste test, Nicholas Jordan tastes 14 peaches in cans and plastic jars, in juice and syrup – but only one brand is worthy of decorating a pavlovaIf you value our independent journalism, we hope you’ll consider supporting us todayGet our weekend culture and lifestyle emailBefore this taste test, it had probably been 20 years since I last ate a canned peach. But unlike most things that happened 20 years ago, I have a strong memory of the experience. Canned, tinned or any packaged peaches weren’t a staple of my childhood (neither were fresh peaches – I was too fussy to like much except plain carbs, sausages, apples and ice-cream). But somehow I remember not only eating tinned peaches but loving them, soft like panna cotta and as syrupy as a gulab jamun. Not quite the same as a fresh peach but delicious in a different way

All about the baby cheeses: how to curate a festive cheeseboard to remember

What should I serve on my Christmas cheeseboard?David, via emailIt will come as no surprise that Mathew Carver, founder of Pick & Cheese, The Cheese Barge and Rind, eats a lot of cheese, so in an effort to keep his festive selection interesting, he usually focuses on a specific area or region: “Last year, for instance, I spent Christmas in Scotland and served only local cheese.” Wales is up later this month. “I’m a creature of habit and tend always to go back to the cheeses I love, so this strategy makes me try new ones,” he explains – plus there’s nothing to stop you slipping in a classic such as comté in there too, because, well, Christmas.Unless you’re going for “the baller move” of just serving one glorious cheese, Bronwen Percival, technical director of Neal’s Yard Dairy, would punt for three or four “handsome wedges, rather than slivers of too many options”. After all, few have “the time or attention for a board that needs a lot of explaining”

Georgina Hayden’s recipe for pear, sticky ginger and pecan pudding

While our Christmas Day dinner doesn’t deviate too much from tradition, I do experiment with the dessert. My family, bar one sweet-toothed aunt, avoids dried fruit-based offerings, so classic Christmas cakes and puddings are a hard no. Over the years, I have tried variations on yule logs, pavlovas and sherry trifles, but the biggest crowdpleaser is easily sticky toffee pudding (or something along those lines). This year, I’m making this warming, simple but decadent pear, sticky ginger and pecan pudding, which feels festive and fancy, and can happily make an appearance whenever.This can be made the day before and reheated before serving

How to make nesselrode pudding – recipe | Felicity Cloake's Masterclass

A luxurious iced dessert stuffed full of boozy dried fruit, candied peel and frozen chestnut pureeThis festive, frozen chestnut puree dessert is often credited to the great 19th-century chef Antonin Carême, even though the man himself conceded that this luxurious creation was that of Monsieur Mony, chef to the Russian diplomat Count Nesselrode (albeit, he observed somewhat peevishly, inspired by one of his own chestnut puddings). It was originally served with hot, boozy custard – though I think it’s just enough as it is – and it makes a fabulous Christmas centrepiece,Prep 15 min Soak Overnight Cook 20 min Freeze 2 hr+ Serves 6125g currants, or raisins or sultanas50g good-quality candied peel, finely chopped75ml maraschino, or other sweet alcohol of your choice (see step 2)1 vanilla pod, split, or 1 tsp vanilla extract600ml whipping cream 4 egg yolks 50g caster sugar 45g flaked almonds 125g whole peeled cooked chestnuts, or unsweetened chestnut pureePut the fruit and peel in a bowl. Mony’s recipe is reported to have contained currants and raisins (though other vine fruit, or indeed any chopped dried fruit you prefer, will work), as well as candied citron, the peel of a mild, thick-skinned citrus, which is available online, as are other candied peels that are far nicer than those chewy, greasy nubs sold in supermarkets.Add the alcohol: maraschino, an Italian sour cherry liqueur, is the original choice, but Claire Macdonald uses an orange triple sec, Victorian ice queen Agnes B Marshall brandy and noyaux, an almond-flavoured liqueur made from apricot kernels, and Regula Ysewijn mixes maraschino with dark rum. Madeira, sherry, port, etc, would surely be good, too

Festive food for less: Christmas dinner with all the cost trimmings

Figures show that the total cost of the all-important Christmas dinner is up 5% on a year ago, with the price of important elements such as pigs in blankets and stuffing up by 7%.With the cost of living still biting, however, a supermarket price war is taking some of the sting out of high food costs – with Aldi and Lidl selling the ingredients for a main Christmas meal for eight for less than £12.According to exclusive data prepared for Guardian Money by the analysts Assosia, the price of a frozen extra-large turkey is up 10p a kilogram to £3.70 (a 3% rise on a year ago) – which for an 8kg bird works out at £29.60

The 12 condiments of Christmas

Salt, sweet, bitter, acid, umami. While we don’t think to use too much “sweet” before dessert, it can counterbalance and enhance other flavours. Maple syrup is my sweetener of choice during the holidays because it just tastes cozy. Add it to roasted root vegetables or a poultry glaze, and it’s especially tasty in drinks, from hot apple cider to eggnog and even mulled wine.I’ve never met anyone who didn’t like butter, or ooh and ah at a homemade one

‘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