Dissatisfaction with life in UK unchanged since Covid, official data shows

The proportion of people in the UK who feel dissatisfied with life has failed to improve since the pandemic despite the economic outlook improving, official figures show.The Office for National Statistics said a survey of personal wellbeing in the UK showed average life satisfaction remained below its pre-pandemic peak, despite the rate of gross domestic product per person rising since 2021.The report also flagged the more recent decline in living standards, pointing out that UK GDP per person fell in the third and fourth quarters of 2025.The ONS also said trust in the UK government remained low, with about one in five adults (21.9%) in Great Britain reporting trust in December 2025 to January 2026

Netflix quits Warner Bros takeover battle; FTSE 100 ends week at record high – as it happened

The market reaction to Netflix walking away from Warner Brothers indicates all sides have done well, suggests Matt Britzman, senior equity analyst at Hargreaves Lansdown.With Netflix and Paramount’s shares both up almost 9% in pre-market trading, Britzman says:double quotation markThe streaming takeover saga took a dramatic turn after Warner Bros. Discovery formally recognised Paramount Skydance’s offer as the superior bid, prompting Netflix to walk away almost immediately. After weeks of drama, meetings and speculation, Netflix’s decision to step aside brought an abrupt end to what had been one of the market’s most closely watched corporate chess matches. In the end, it underlined just how fast things can move when big money, regulators and strategic pride collide

BA owner’s profits rise by 20% despite drop in passenger numbers last year

British Airways’ owner, International Airlines Group, has announced a sharp rise in annual profits to almost £4bn despite a slight fall in passenger numbers in 2025.Pre-tax profits across IAG increased by 20% to €4.5bn (£3.9bn), with record operating profits on margins of more than 15% at BA and its sister airline Iberia.The group’s chief executive, Luis Gallego, said the lucrative transatlantic market, also served by IAG’s Aer Lingus and Level airlines, remained robust, after warnings of softening demand in the autumn

Sainsbury’s to cut 300 jobs as it restructures tech team and Argos deliveries

Sainsbury’s is cutting 300 head office jobs as it restructures its technology team and Argos delivery network, creating more separation between the two businesses.The London-based retail group said most of the job cuts would be in technology and data, where it was “consolidating routine reporting tasks” and creating dedicated teams for Argos and the supermarket.The changes also include restructuring the local delivery hubs for Argos, where teams’ shifts will change so they are working more regular hours with less overtime.Regional store directors for the Sainsbury’s Local convenience store chain are also being introduced to help drive that part of the business.The latest changes come after Sainsbury’s decided to invest more in technology to improve efficiency at its business, including AI forecasting tools and warehouse robotics

Trump says affordability crisis is over. Voters and data disagree

The affordability crisis is over, Donald Trump told the US on Tuesday. The president’s state of the union address put the blame for soaring prices squarely on the “dirty, rotten” lies of the Democrats and claimed prices were now “plummeting downward”.“Soon you will see numbers that few people would think were possible to achieve just a short time ago,” Trump said.But more than a year since he was sworn in to office, stubborn inflation and Trump’s chaotic trade policies, have done little to assuage consumers’ fears about the cost of living. Poll after poll shows that, as far as voters are concerned, “affordability” is still very much an issue

Hornby sells slot car racing brand Scalextric for £20m

For almost six decades Hornby has watched Scalextric drive revenues for its hobby business but on Friday the company said it had decided to sell the slot car racing brand for £20m to a little-known buyer.The model railway company, which also sells toy planes and cars under the Airfix and Corgi brands, has sold the Scalextric business and intellectual property rights to Purbeck Capital Partners.Kent-based Hornby, which experienced a hobby boom during the Covid pandemic, has owned Scalextric since 1968. Invented by Fred Francis, the very first Scalextric set was made in Hampshire in 1956.On Friday, Hornby’s parent company, Castelnau, which also owns businesses including the funerals firm Dignity, said it was selling the toy car racing business to Purbeck Capital Partners

Ocado failing to deliver on its potential as one of UK’s great technology hopes

Only six years ago, the boss of Ocado Group was writing the obituary for supermarkets as he predicted that a surge in online grocery shopping during the pandemic had brought forward the hi-tech future.“Not every store will disappear, but there will be a dramatic shift,” Tim Steiner said at the height of the Covid pandemic, when shopping from the sofa became the only option for many.Fast-forward to today and the prospect seems distant as the UK grocery technology group again slashes jobs as it battles heavy losses.Shares in the group slumped more than 6% to 220p on Thursday, as it revealed worse than expected annual losses and 1,000 job cuts, half of which are in research and development. At that price, shares are 22% above Ocado’s stock market float price of 180p in 2010 and a staggering 90% lower than their pandemic peak

Subsidies for Rolls-Royce might seem a bit rich, but they are inevitable | Nils Pratley

Rolls-Royce, the engine-maker and defence firm that is spitting out so much cash it can shove £7bn to £9bn towards buying back shares over the next three years, would like UK taxpayers to find a few quid – reportedly up to £200m as a first slug – to help fund one its big bets. The company would “appreciate” financial support from the government to smooth work on a new engine, says its chief executive, Tufan Erginbilgiç.Outrageous? Well, corporate welfare for Rolls is obviously absurd in the abstract. If there is a definition of a company that can afford to pay for its own research and development, this is it. One might also say Rolls owes us a favour since it was the recipient of billions of pounds worth of loan guarantees from the UK’s export finance agency when the Covid wolf was at the corporate door in 2020

Drax to stop burning controversial Canadian wood within next year

The owner of Drax power plant has started reducing the amount of Canadian wood pellets it burns, and will stop burning trees from British Columbia entirely within the next year.The FTSE 250 company Drax Group said its Canadian wood pellet plants, which once supplied millions of tonnes of biomass to be burnt in its North Yorkshire power plant, had cost the company almost £200m in financial impairments last year.The company said the pellet production plants, which have come under criticism from environmentalists, faced a “challenging outlook” after a decision in the second half of last year that, from 2027, the Drax power plant would burn pellets sourced only from the US.Despite the writedown, Drax shares soared to 20-year highs to give the company a market value of about £3bn after it reported better than expected full-year earnings of £947m for 2025 and raised shareholder dividends by 11.5%

UK parents fear young will be worse off for first time in a century, ex-minister warns

The number of young people in the UK not working or in education has risen closer to a million, figures show, as a government adviser warned that for the first time in a century parents do not think their children will have a better life than them.The Office for National Statistics (ONS) said the number of people aged 16 to 24 who were not in education, employment or training (Neet) rose to 957,000 in the final three months of last year, equating to 12.8% of this age group.The figure was up from 946,000 in July to September, but down by 14,000 from a year earlier. The number of young women classed as Neet rose by 13,000 while the number of young men fell by 2,000

World Economic Forum CEO quits after Epstein links examined; Ineos Quattro earnings fall – as it happened

The president and CEO of the World Economic Forum, Børge Brende, is stepping down, after the forum launched an independent investigation into his relationship with Jeffrey Epstein.Brende, a former Norwegian Minister of Foreign Affairs, has announced he is stepping down from WEF to avoid “distractions”.In a statement just released, Brende says:double quotation markAfter careful consideration, I have decided to step down as President and CEO of the World Economic Forum. My time here, spanning 8½ years, has been profoundly rewarding.We have seen a record number of partners join us, and we have had a very successful Annual Meeting in Davos behind us, where we engaged with governmental leaders from all over the world like never before

Tell us: how are your finances looking ahead of the spring forecast?

Next Tuesday the chancellor, Rachel Reeves, will update the country on the state of the economy when the spring forecast is delivered to parliament.The government is not expected to make major announcements on taxes and spending but will include the latest forecasts for growth, details of the UK’s financial position and hint at the changes we might expect in future.We would like to hear from you. How are you feeling about your finances right now and has anything improved or worsened over the past year?You can tell us about your financial situation using this form.Please include as much detail as possible

Doom Bar maker Sharp’s Brewery in Cornwall to be closed by US owner

The Cornish brewery that makes Doom Bar ale is to be closed by its US owner, throwing the popular beer brand’s future into doubt and putting about 200 jobs at risk.The drinks company Molson Coors said it plans to shut Sharp’s Brewery in Rock, along with its national call centre in Wales, saying it was “no longer financially sustainable”.The Chicago-based company, which bought Sharp’s 15 years ago, said it was planning to close the site by the end of this year but it “remains committed” to Sharp’s beer brands.Sharp was founded in 1994, and most its sales come from Doom Bar, which is among the bestselling cask ales in the UK, and was named after a notoriously dangerous sandbank in Cornwall’s Camel estuary. Sharp’s also makes Atlantic and Twin Coast pale ales

Table for one: is eating lunch at work on your own a bad thing?

Name: The lonely lunch.Age: Recent, but growing.Appearance: Très misérable.Why are you talking French to me? Have you gone all pretentious? I am talking French to you because this is a French problem.It is? Oui

How to use on-the-turn milk to make an Italian classic – recipe

According to the Sustainable Food Trust, “the milk from 40,000 cows (300,000 tonnes) is tipped down the kitchen sink each year – a real slap in the face for the farmer”. Even though some supermarkets have now swapped use-by for best-before dates on their milk, those dates can still be confusing, so always do the sniff test before binning it: even if it’s a little sour, you can still cook with it.The Food Standards Agency advises that food with a best-before date can usually be tested using sensory cues such as the sniff test. And what better way to use up spent or sour milk than maiale al latte, or milk-braised pork, for which pork is slowly braised in milk and flavoured with a few aromatics until tender. The milk splits and forms large curds that thicken and caramelise the sauce, so creating a creamy rich dressing for the meat

Nadiya Hussain on food, faith and finding her voice: ‘I get paid less than the white version of me’

In a food world where the trend is for protein and weight-loss injections and sugar is the supervillain, Nadiya’s Quick Comforts seems somewhat contrary. There are golden syrup dumplings. There is a chapter devoted to deep frying, with cheese balls and ingenious deep-fried cannelloni.“If I could write an entire book on deep frying, I absolutely would,” says Hussain with a laugh. “This is how I cook, this is how I eat, this is how I show love to my family

Should you sanitise your strawberries? Experts on the right way to wash fruit and vegetables

You know the cost-of-living crisis is biting when videos of influencers unpacking their grocery “hauls” are viral on TikTok. Chewing through millions of views, fruit and vegetables are aesthetically plopped into a sink filled with water, piece by piece. “Sanitising” products are then added, ranging from the fizz of baking soda and vinegar to specialised vegetable soaps (“Amazon link in my bio!”). There are even expensive electronic purifiers, which shake, shimmy and bubble away in the basin, supposedly removing any nasties.But is ASMR deep-cleaning your fresh produce really necessary? And is it all too late for those of us who can barely remember to rinse our pears?For Queensland’s Rebecca Scurr, who shares what it’s like to “sell fruit for a living” to her 26,000 TikTok followers, fruit-washing videos make her “cringe so much”

Do you really need to chill cookie dough? | Kitchen Aide

Does chilling cookie dough really make for a better result?Emily, by email “It all depends on what kind of cookie it is,” says Guardian baker Helen Goh. “Let’s say it’s a cookie that you need to stamp out – the dough needs to be firm enough to roll it, but not so firm that you can’t.” That said, the question of whether to fridge or not to fridge is probably most prevalent in the chocolate chip cookie sphere. “There’s a perceived wisdom that chilling helps the dough develop the flavour and caramelisation,” Goh says, “but, to be honest, it also makes the dough a little easier to roll and ensures it bakes evenly, which is worth far more than that slight improvement in flavour.”Recommended chilling times vary from 30 minutes to overnight, although Goh finds the latter results in a “cakey” cookie: “I’m a real Goldilocks, so I like crisp at the edges with a chewy centre

José Pizarro’s recipe for roast carrot, saffron and chickpea stew with spinach

This is everyday cooking, the kind that comes naturally in winter. Carrots are always around and often forgotten, but they give a lot when you treat them properly. The saffron brings warmth and colour, and always makes me think of home. February can feel quiet and grey, and this stew suits that mood. It is comforting without being heavy, made for evenings when you want something ready on the stove and bread on the table, eaten calmly and enjoyed without any fuss

Rise of the ‘daycap’: is this the end of late-night drinking?

Forget nightcaps – an afternoon tipple is the new way to squeeze socialising into your evening, while still getting to bed on time. A great idea or a recipe for disaster?Name: The daycap.Age: As old as fermentation, and impatience.Appearance: Nothing new, under the sun.It’s not a hat, then

Supermarket hot cross bun taste test: Choice gives top score to a chocolate bun

Some might be scandalised by the idea of a hot cross bun containing anything other than fruit. But in the annual taste test of supermarket hot cross buns, consumer advocacy group Choice has awarded one of its highest-ever scores to a less than traditional product.This year Choice tested 15 buns from Coles, Woolworths, IGA, Aldi and Bakers Delight, including traditional fruit, chocolate and gluten-free varieties.Woolworths Bakery Chocolate Hot Cross Buns Made With Cadbury Milk Chocolate Chips, which cost 73c a bun, received an overall score of 95%, taking out first place in the chocolate bun category. That is one of the highest scores in Choice’s 10-year history of hot cross bun taste tests

‘Tinderbox’ UK may be one shock away from food riots, experts say

One shock could spark social unrest and even food riots in the UK, according to dozens of the country’s top food experts, because chronic issues have left the food system a “tinderbox”.The group first identified a series of issues that are making access to food vulnerable in the UK, including the climate crisis, low incomes, poor farming policy and fragile just-in-time supply chains. These have left the UK dangerously exposed, the researchers said.They then analysed the shocks that could tip this vulnerable system into a full-blown food crisis, with major extreme weather events, cyber-attacks or international conflicts ranked top. These shocks would hit supply chains and push up food prices, which could lead to increased social tension and hidden market sales of unsafe food and, in the worst-case scenario, civil unrest or riots

Nadiya Hussain’s recipes for chicken half-moons and rice paper tteokbokki

I use a lot of rice paper and always have plenty at home, because it can be used in a wide variety of ways. It’s delicious fried, as are most things! These half-moons are filled with an aromatic chicken mince, while tteokbokki is a Korean dish of chewy rice tubes that are often cooked in a stew. They are not always easy to find, but I love them, so I make my own.Prep 5 min Cook 20 min Makes 12134g pack rice paper spring roll wrappers 3 tbsp oil 6 garlic cloves, peeled and finely chopped 3 tbsp gochujang paste 2 tbsp soy sauceTo serve Sesame oil Spring onions, trimmed and thinly sliced Sesame seedsDunk each sheet of rice paper in a lipped plate or shallow bowl of cold water, submerging them until soft. Roll each one into a log, then cut in half and set aside

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

There are almost as many rice puddings as there are savoury rice recipes. If you were also put off by that dazzlingly white, school dinner gloop, fear not, this is a much more luxuriant baked dessert, gently spiced and finished with sweet wine and cream. It can be enjoyed warm or cool, on its own or with a spoonful of jarred fruit or some vivid pink spring rhubarb.Prep 5 min Cook 2 hr 10 minServes 450g butter, plus extra for greasing50g soft light brown sugar 100g pudding rice 1 litre whole milk (see step 4)1 unwaxed lemon ¼ tsp freshly grated nutmeg¼ tsp ground cinnamon, or a small length of cinnamon stick1 bay leaf ½ vanilla pod, or 1 tsp vanilla extract 1 pinch salt 2 tbsp sweet fortified wine –eg pedro ximenéz or cream sherry, madeira, tawny port (optional)150ml double creamHeat the oven to 160C (140C fan)/325F/gas 3. Find a wide baking dish or ovenproof pot large enough to hold about 1