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Thursday briefing: Will Keir Starmer’s cautious China gamble pay off?

In today’s newsletter: With China now central to the world’s green tech​ and economic future, the UK faces a ​s​eries of strategic ​discussions it can no longer postpone

As most TV viewers tune in via broadband, will 2034 signal the death of Freeview?

The aerial-accessed service has a fast-dwindling audience but when exactly to switch the platform off is proving highly divisive

US congressman meets five-year-old Liam Ramos and his father at ICE detention center – as it happened

Joaquin Castro, a Democrat from Texas, shares photo of boy who was detained by federal agents on his way home from preschool

Food sector calls for transition period if UK and EU agree post-Brexit rules reset

Industry groups warn that aligning agriculture standards overnight could cost British businesses up to £810m a year

UK probably needs large new factory to meet target of 1.3m cars a year, say industry boss

Mike Hawes casts doubt on Labour’s plan to double production by 2035, as Starmer visits China with carmaker delegation

Microsoft shrugs off AI bubble fears again with strong financial results

Company reports second-quarter revenues of $81.27bn but posts slowing growth in key cloud computing business

Federal Reserve holds interest rates as Trump piles on pressure

Fed voted to pause cuts to interest rate, which currently sits between 3.5% and 3.75%, after slashing it three times in fall

Even more energy suppliers are short of capital. Ofgem needs to toughen up

With almost one in five firms breaching targets, the watchdog’s new get-tough approach on capital levels seems to be anything but

The Original Factory Shop calls in administrators, putting 1,200 jobs at risk

Homeware chain will continue to trade on high streets while administrators ‘assess options’ for business

SpaceX mulls $1.5tn IPO timed to ‘align with Musk’s birthday and the planets’

World’s richest person targeting symbolic date in June for flotation of rocket company

Wall Street index rises above 7,000 for the first time; SpaceX mulls $1.5tn IPO in June – business live

S&P 500 surge driven by AI optimism and expectations of strong Big Tech earnings

YouTube criticised after pulling out of UK TV audience measurement

Owner Google moves to block Barb data access months after allowing 200 channels to be monitored

The easy thing for the RBA to do next week is raise interest rates. The smart move is to wait

Oh no, inflation went up in one month – we need rates to do something! But first, let’s take a closer look at those figures

Labour risks election wipeout unless it improves Britain’s high streets, study finds

Decay of town centres a top issue among voters especially Reform UK supporters and is fuelling resentment against Westminster

UK media groups should be allowed to opt out of Google AI Overviews, CMA says

News organisations hope proposals will increase leverage to get paid if content is used in AI summaries

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  • Nato increases Black Sea deployment amid escalating deadly Russian attacks
  • Nige seems tired and bored of himself as Kemi conjures a telepathic budget
  • NatWest cracks down on 13,000 staff attending office two days a month
  • Google Cloud outage: problems fixed for ‘most‘ customers, as regulators push for details – as it happened
  • European air fares could rise by as much as 20% in 2027, Ryanair boss predicts
  • Paddy Power owner blames tax rises for plan to shed up to 1,400 jobs
  • Thames Water creditors secure former Labour minister to drive rescue deal
  • All Rivers Spill Their Stories to the Sea review – stirring portrait of fishers driven to eco-activism
  • Billionaire Mukesh Ambani launches India’s biggest-ever IPO
  • Google cloud failure hits millions as UK courts and banks knocked offline
  • Excessive wealth, extreme emissions – and ecocide: what I learned at Europe’s big superyacht show
  • Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms
  • A modest increase in bank taxes is not the end of the world for lenders
  • Healey to reject calls to raise capital gains tax in budget
  • ‘No real sense of appeal’: Vinted sellers complain of unfair account ‘bans’
  • Is this the beginning of the end of the AI stock market boom?
  • Burnham urges officials to come up with more radical options for Thames Water
  • North Sea strikes could severely disrupt UK fuel supplies, union warns
  • ‘Concerning issues’ found at GB power grid by inquiry into cover-up claims
  • France hit by debt sell-off as violent protests unnerve investors
  • Bank of England said to be reviewing Barclays’ handling of private credit loans
  • Violent street protests in France and Italy trigger stock and bond sell-off and send euro lower – as it happened
  • The Canary news website announces closure after ‘vicious campaign against us’
  • AI firm Anthropic to commit 5% of shares to fund for ‘public good’
  • HelloFresh workers claim physical abuse and denied bathroom breaks in class-action suit
  • China’s economy grows faster than forecast after AI boom boosts exports
  • More than half of UK first-time buyers paying more for mortgage than they did for rent
  • UK government promises disabled air passengers better safeguards
  • The housing crisis is now global. It shows just how undemocratic our nations have become
  • Revealed: African island fights offshore gambling network linked to UK family

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