The spectre of gen Z socialism is haunting the world … according to the Economist
The magazine writes: ‘Resisting Gen-Z socialism is therefore an urgent task.’ That urgency must outweigh any urgency of feeding hungry people
White House urges UK not to ban social media for under-16s
Trump administration says restrictions could impose ‘disproportionate’ burden on US tech companies
The British food scene was booming. Why has it suddenly gone bust?
Once mocked internationally, the UK became a gastronomic hotspot in recent decades – London was hailed as the foodie capital of the world. Now many Michelin-starred restaurants have closed and the rot is spreading
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
Air passengers ‘risking lives by grabbing bags and filming in emergencies’
Fines may be needed to deter travellers from retrieving hand luggage, says official from airlines body Iata
EU quota system ‘could kill Ukrainian steel industry’, boss says
Protectionist measures will deal blow to country’s budget as it defends itself against Russia, says Metinvest chief
Healthy cooperation: how northern universities are linking with NHS trusts to drive innovation
Backed by a mix of private and public finance, Huddersfield and Manchester are among many in the academic sector helping to create jobs and growth
Pilot ‘hyperlocal’ job support scheme in England shows promising signs of effectiveness
Government-funded JobsPlus trial in 10 neighbourhoods could be scalable nationwide, evaluation shows
OpenAI confidentially files for initial public offering on US stock market
ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market history
France and Germany abandon joint project to build European fighter jet
Paris and Berlin conclude firms involved unable to agree on way forward in blow to Europe’s common defence push
Oil price falls back and Wall Street rallies after Iran announces ‘end of military operations’ against Israel – as it happened
Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%
Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row
Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin Money
City watchdog sues Neil Woodford for allegedly offering unauthorised investment advice
Move comes months after the FCA announced plans to ban the former investment star from holding senior City roles after collapse of popular equity fund
Stock markets fall as concerns persist over tech firms at heart of AI boom
Drops follow sharp sell-off of US tech stock last week while oil prices seesaw after Iran and Israel exchange strikes
Unions attack ‘year-long delay’ for Tata Steel furnace’s grid connection in south Wales
Government urged to help speed up vital industrial project amid growing alarm over National Grid delays