Seth Meyers on Trump’s address to Congress: ‘Interminable and excruciating’
UK Treasury ‘weighs up funding cuts at GB Energy’ in blow to Ed Miliband
The UK government is reportedly weighing up the possibility of cutting planned funding for GB Energy, the state-owned company set up by Labour to drive renewable energy and cut household bills, in June’s spending review.Cuts to the £8.3bn of taxpayer money promised over the five-year parliament would be another blow for Ed Miliband, the energy secretary, after he was overruled by the government when the chancellor, Rachel Reeves, backed the expansion of Heathrow’s third runway.GB Energy, a vital cog in Keir Starmer’s plans to “supercharge” Britain’s clean energy revolution, was only given an initial £100m in October’s budget to cover its first two years.Ministers are carrying out a “zero-based review” of all government spending, which has been given additional impetus after Starmer’s pledge to boost investment in defence
Andrew Bailey was accused by Barclays chair of having ‘destroyed’ Jes Staley, court hears
The Bank of England governor, Andrew Bailey, was accused by the Barclays chair of having “destroyed” Jes Staley, a court heard on Friday, after the City watchdog led by Bailey at the time launched an investigation into the banker’s ties to the convicted sex offender Jeffrey Epstein.Nigel Higgins, who made the accusations and is still the Barclays chair, also asked in 2019 whether the Financial Conduct Authority (FCA) would be willing to drop its investigation if Staley resigned.“We discussed whether there was a way for Mr Staley to step down from his position in order to avoid the investigation, which may have had some attraction for Barclays and Mr Staley,” Bailey said in a witness statement.However, he told Higgins it would be “impossible” to ignore a cache of emails from JP Morgan, which included a notorious exchange discussing Disney princess characters.“I explained that there was no way that we could avoid asking Mr Staley about the “Snow White” email,” Bailey, who was then running the FCA, said
US unemployment rate rises to 4.1% as economy added 151,000 new jobs in February – as it happened
Today’s jobs report shows that the US unemployment rate has risen to 4.1%, up from 4% in January.That’s still pretty low in historic terms, taking the jobless rate back up to its level in December.As the BLS point out, the US unemployment rate has remained in a narrow range of 4.0 percent to 4
Royal Mail to increase price of first-class stamp to £1.70
Royal Mail is to increase the cost of first- and second-class stamps for what will be the sixth time in little more than three years.From 7 April, the price of a first-class stamp will increase by 5p, or 3%, to £1.70. The cost of the second-class service is going up by 2p, or 2.4%, to 87p
Britons snacking less as they drift back to office after pandemic
Hold the biscuits, popcorn and chocolate and hand out the rice cakes, apples and halloumi, the UK is cutting back on snacks and shifting to healthier options amid tighter budgets and bulging waistlines.Britons had a snack at home on more than 15% fewer occasions in 2024 than in 2020 – as a boom in self-treating during the pandemic lockdowns subsided, according to the retail market analysts Kantar. Even when snacking on the go is included, we are munching about 2% less than during the pandemic and even a bit less than before Covid reshaped our lives.Nathan Ward from Kantar said: “Working from home has made a massive difference. During the pandemic we did snack more as we were in the home and availability does drive consumption
US owner of UK pharmacy chain Boots to be taken private in $10bn deal
The US owner of Boots is to be taken private in a $10bn (£7.8bn) deal that will mean further uncertainty for thousands of workers at the UK-based pharmacy chain.Walgreens Boots Alliance, which operates more than 1,800 Boots stores in the UK, has been sold to the US private equity firm Sycamore Partners. The chain has been struggling as customers turn to online shopping for cheaper products.Walgreens’ market value has collapsed by 90% since 2015 and is valued at $9
Another Simple Favor review – supremely silly sequel serves more absurd twists
Bill Dare obituary
The Guide #181: TV has given up on live music – but social media won’t let it die
Noel Clarke has made ‘wild allegations’ against his abuse accusers, court told
Jimmy Kimmel on Trump’s tariffs: ‘Can you believe we’re shaking down Canada?’
Sole portrait of England’s ‘nine-day queen’ thought to have been identified by researchers