Australia’s unemployment rate jumps to 4.5% with markets slashing chance of more interest rate hikes Surprise rise in jobless rate will give Reserve Bank more reason to delay another interest rate hike at June meeting
Schools are ‘pipeline’ to joblessness for many people, says ex-Labour adviser Ban social media and reform education to tackle scandal of young people not in work or study, says Peter Hyman
‘Aramco is selling our sweat and blood’: workers in World Cup sponsor’s supply chain faced safety risks, report finds FairSquare report claims migrant workers injured in Saudi Arabia received no compensation, including one who says his legs were crushed
‘Give every item a long life’: Vinted boss on how the site is moving beyond fashion Having shaken up UK clothes retail, the secondhand marketplace is pushing into phones and cameras – and even books
Manchester shows biggest fall in inner-city deprivation in boost for Burnham City made outsized contribution to falling levels of deprivation between 2010 and 2025, thinktank finds
SpaceX reveals plan for $1.75tn stock market debut that could make Musk a trillionaire Elon Musk’s rocket and satellite operations company, with extensive contracts with US, to go public next month
Nvidia’s revenue blows past Wall Street expectations as AI boom accelerates Many analysts view company’s financial performance as a broader referendum on AI buildout
Reeves to promise free summer bus rides for children and food tariff cuts in living costs package Chancellor launches ‘Great British summer savings scheme’ after Keir Starmer postpones fuel duty increase Planned fuel duty rise to be scrapped, says Keir Starmer
Starbucks does not recycle plastic cups it claims are ‘widely recyclable’, report says Watchdog group glued trackers to 53 of the chain’s cups across nine states and found none ended up at a recycling facility
The Treasury’s supermarket food price cap wheeze was bananas Retailers such as M&S need not worry – the UK is not in a state of emergency and competition is clearly working
UK strikes £3.7bn trade deal with six Gulf states Keir Starmer describes the agreement, worth double original estimates, as a ‘huge win’ for British businesses
James Murdoch to acquire half of Vox Media in deal reportedly worth $300m Deal is the biggest acquisition for Murdoch since family resolved dispute over future control of media holdings
Rachel Reeves to protect ‘critical’ clean energy projects from legal challenges Chancellor’s planning shake-up in England and Wales would ‘reduce exposure from judicial review on all but human rights grounds’
Death, taxes and scare campaigns: here’s the truth about Labor’s budget changes Conservative media is stoking unfounded fears on reform. If Albanese wants an easy win, he should prioritise a popular tax on gas exports
Google DeepMind in talks with UK unions amid staff concern over US and Israel’s AI use Exclusive: Google DeepMind agrees to Acas talks after workers sign petitions about governments’ use of AI for defence and intelligence