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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

‘You’d be ashamed to bring someone here’: The struggling billionaire-owned high street that shows Reform’s road to No 10

Newton Aycliffe was meant to be a model town for a fairer postwar Britain. But unaffordable rents on a high street amounting to 0.12% of its property tycoon owner’s holdings have made it a symbol of decline – and a warning for Labour

‘Very low bar’: analysts say Starmer faces slim pickings in China

Experts say business with China is always a double-edged sword let alone when its overheated economy can offer only marginal gains

U-turn on pubs has not solved the government’s mess on business rates

The package being offered is not insignificant but the hospitality sector is still in trouble

EU-India deal ‘accelerated’ over past six months amid Trump’s tariff threats – Europe live

Wide-ranging deal will cut tariffs to zero over seven years as Modi hails ‘largest free trade agreement’ in India’s history

‘Mother of all deals’: EU and India sign free trade agreement

Tariffs cut to zero for many industrial products, including iron and steel, plastics, chemicals and pharmaceuticals

Starmer’s fraught visit to China will tell us what he really thinks of the UK’s place in the world

Does Britain have any leverage over human rights or security concerns or is it a decaying nation that cannot risk trade relations, asks professor of global history Peter Frankopan

Trump says he will impose new tariffs on South Korea as he criticises delays in trade deal

US president says tariffs on automobiles, lumber and pharmaceuticals will rise to 25%, accusing Seoul of not living up to a trade deal struck last year

Most young adults in UK are anxious about jobs and the economy, research suggests

Respondents to King’s Trust survey cited AI and a lack of work experience as reasons they might fail in life

Record number of people in UK live in ‘very deep poverty’, analysis shows

Joseph Rowntree Foundation finds problem is ‘deeper and more damaging than at any point in the last 30 years’

National insurance hike and energy bills behind food price rise, say UK retailers

Latest BRC figures show year-on-year rate of increase was 3.9% in January, up from 3.3% the month before

AI is hitting UK harder than other big economies, study finds

Britain is losing more jobs than it creates owing to artificial intelligence, Morgan Stanley research suggests

‘A southern economy in the north’: how Warrington has adapted to change

Good transport links and the quietly booming nuclear sector are helping the Cheshire town to thrive

AI must augment rather than replace us or human workers are doomed

Tech could lose its social acceptance unless it makes people’s lives better – and trade unions want an urgent conversation

Here’s how Europe can file for divorce from Donald Trump

Amid the tumult of the WEF in Davos this week, some investors are leading the way by ditching US government bonds

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  • Software selloff deepens amid AI fears, in ‘echoes of dot-com crash’ – business live
  • Stellantis takes €22bn hit after ‘overestimating’ pace of shift to EVs
  • Price of average UK home passes £300,000 for first time, Halifax says
  • ‘Tickets have become status symbols’: from Harry Styles to Taylor Swift, why is live music bigger and more expensive than ever?
  • Almost a quarter of soup on sale in UK supermarkets has too much salt, study finds
  • The Russian economy is finally stagnating. What does it mean for the war – and for Putin?
  • Bald eagles and Lynyrd Skynyrd: is Budweiser’s all-American Super Bowl ad serious?
  • Barclays reportedly cuts ties with lobbying firm co-founded by Peter Mandelson
  • Rape allegation against ex-Barclays CEO Jes Staley was raised in US Epstein investigation
  • Shell will consider fossil fuel investment in Venezuela, says chief executive
  • Rio Tinto and Glencore abandon revived $260bn merger plan
  • US job openings dropped to a five-year low in December 2025, report shows
  • Bank of England holds interest rates and ‘shocked’ over Mandelson; Rio-Glencore merger talks collapse – as it happened
  • Airlines should tell UK customers the carbon impact of flights, watchdog says
  • Bank of England keeps interest rates at 3.75% as inflation concerns persist
  • Summer travel disruption fears over new biometric checks at European borders
  • Cornish tin mine could reopen with Trump administration investment
  • Dubai’s potent lure: the reality behind the real-estate frenzy
  • Anger over Scottish salmon farm inspections amid 35m unexpected fish deaths
  • Why the Bank of England is holding rates despite a weakening economy
  • Hollywood money fuelled record £2.8bn spend on UK film production last year
  • BT loses more than 200,000 broadband customers as profits slump
  • Mandelson sought Epstein’s help in hunt for lucrative roles at Glencore and BP
  • Mass layoffs fuel fears of ‘death spiral’ at Washington Post
  • Chris Rokos hedge fund ends talks with Peter Mandelson on advisory role
  • How can Britain regain its manufacturing power? Start thinking like a developing country
  • What does the disappearance of a $100bn deal mean for the AI economy?
  • Google parent earnings beat projections amid plans to invest deeply in AI
  • Minister defends long delays to UK military spending plan
  • Flawed economic models mean climate crisis could crash global economy, experts warn

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