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Woman assaulted after man was given key card to her room criticises CEO Jo Boydell over cancelled meetingA woman who was sexually assaulted by a man who was handed a key card to her room at a Travelodge has said she was shocked to learn the hotel chain's boss cancelled a meeting with a group of MPs seeking to discuss concerns about the case.More than 20 MPs had demanded the meeting this month to discuss the matter – including details of the chain's security processes and procedures that led to it offering the victim an “insulting” £30 refund after the incident. Continue reading......

US firm Eli Lilly, which is also pushing for end to rebate scheme, optimistic about talks with ministersThe US pharmaceutical group behind the Mounjaro weight-loss drug has said it will unpause its UK investments if ministers agree to regularly increase NHS drug prices and end a rebate scheme.Patrik Jonsson, the president of Eli Lilly's international business, said the company was in talks with UK ministers and that he was optimistic about reaching an agreement this summer for Britain to pay more for its medicines. Continue reading......

Drivers planning nearly 21m leisure journeys from Thursday to Monday despite soaring fuel prices, say expertsThe four-day bank holiday weekend is expected to be the busiest Easter on the roads in four years, despite a surge in fuel prices caused by the conflict in the Middle East.Drivers are planning nearly 21m leisure journeys between Thursday and Easter Monday, according to a study by the RAC and the traffic analytics specialists Inrix. Continue reading......

Asian stocks fall and Brent rises to over $115 a barrel; Trump says US could seize Iran's export hub on Kharg IslandGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Asian stock markets have fallen while oil prices have climbed further, after Donald Trump said he wants to “take the oil” in Iran.To be honest with you, my favourite thing is to take the oil in Iran, but some stupid people back in the US say: 'why are you doing that?' But they're stupid people. Continue reading......

Millions are dipping into savings or borrowing to get by as the Iran war drives up prices, survey showsThe Iran war has led to a surge in pessimism in the UK as half of households are already struggling to afford everyday essentials.The escalating conflict in the Middle East, which has driven the price of oil, gas, crop fertiliser and other raw materials sharply higher, threatens to cause another cost of living shock. Continue reading......

Interest rates as high as 4.45% and a steep cut in next year's allowance fuel forecast of last-minute rush Savers who want to make the most of this year's cash Isa allowance are being urged not to leave it to the last minute, as the deadline for applications falls on the Easter weekend.The Isa wrapper allows people to save or invest money and benefit from the returns free of tax. Each tax year, people can pay in up to £20,000, which can then be moved around in subsequent years without the tax benefits being lost. Continue reading......

In his strongest intervention yet, PM says some features 'shouldn't be permitted', while education secretary says things 'are going to change'Keir Starmer has backed banning addictive social media features in his strongest intervention yet on curbs that could be placed on tech companies, saying the features “shouldn't be permitted”.The prime minister said the government was “going to have to act” on the algorithms that hook young people and children to social media, such as scrolling or “streaks” that encourage daily usage of apps. Continue reading......

The 99-year-old Echo Park favorite is being bulldozed for apartments – Angelenos are losing a slice of city historyI was not hungry when I arrived at Taix on Thursday night, Los Angeles's venerable, soon-to-close French restaurant and de facto museum of a long-gone era of fine dining. I'm rarely hungry when I go to Taix. Not because I don't thoroughly enjoy their french onion soup, the mussels, or the decadent hamburger. I'm not hungry because it's never my first stop of the night. Taix isn't a destination. It's a nexus point for LA.No one in Los Angeles ever thought it would be gone, until it was. Sunday will be the last service for a restaurant that has anchored the neighborhood of Echo Park for the past 64 years, before it is torn down to make way for a large-scale luxury apartment development. The impending closure has sparked an end-of-an-era frenzy, with lines down the street, packed tables and loyal fans pinching menus and other memorabilia for their personal collection. Continue reading......

Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran's decision to close the Strait of Hormuz, a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply, with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed. Continue reading......

Starmer to convene major energy industry and insurance figures to draw up emergency plans amid continued blockade of strait of HormuzRachel Reeves will warn G7 nations they must move faster on clean energy to insulate economies against global price shocks from oil and gas as she and the energy secretary Ed Miliband meet G7 finance and energy ministers on Monday.Keir Starmer will also gather major energy industry and insurance figures to thrash out what emergency measures might be needed to contain the continuing crisis from the blockade of the strait of Hormuz. Continue reading......

More than half of roles could be hit and young shop workers in particular could lose out, trade body warnsMore than half of retail jobs could be affected by reform to guaranteed working hours, making it harder for shops to employ people – particularly young workers – in part-time roles, the industry's lobby group has warned.From April, the Employment Rights Act will introduce new protections for workers on sick pay, sexual harassment, parental leave and trade union recognition. Continue reading......

The factories, which buy cheap crude and turn it into fuel, are struggling as higher oil prices threaten their razor-sharp margins The towns that are the bulwark of China's energy security can, at a moment of global crisis, appear deceptively quiet. Trucks carrying oil trundle along wide-open highways that have little traffic, while a few boarded-up shops in crumbling low-rise buildings hint at a long-forgotten local buzz.A ramshackle noodle shop serving hand-pulled ribbons of dough was empty at lunchtime, save for a few construction workers and a teacher watching videos on Douyin, the social media platform, with his meal. Continue reading......

Donald Trump says he has 'no problem' with Russia sending some oil into Cuba, as tanker Anatoly Kolodkin heads for Cuba with 730,000 barrels of crudeDonald Trump has signalled a new flexibility in allowing oil into Cuba, hours before a Russian oil tanker under US sanctions was due to arrive in the Caribbean island amid a de facto oil blockade imposed by Washington.Speaking to reporters aboard Air Force One the president said: “If a country wants to send some oil into Cuba, right now, I have no problem whether it's Russia or not.” Continue reading......

The president may not be benefiting directly from betting markets, but he has encouraged a culture that treats politics like a casino floorOdd things are happening in the markets. Last Monday, 15 minutes before Donald Trump posted an announcement that “productive talks” with Iran had taken place, oil traders placed half a billion dollars' worth of bets on the future price of oil. Trump's statement triggered a drop in crude oil prices, and it seems as if some people knew that the announcement was coming, and so a profitable wager was made. Do not be envious; some people are just born lucky.We do not know if the transactions were made with prior knowledge of political developments, but it's a hell of a coincidence. It all appears “abnormal for sure”, an oil analyst told the BBC.Nesrine Malik is a Guardian columnist Continue reading......

Peaches, strawberries and grapes were almost always found to be contaminated with 'forever chemicals' in the analysisSign up for the Breaking News US email to get newsletter alerts in your inboxA first-of-its-kind analysis has identified Pfas pesticide residues on 37% of conventional California produce, with peaches, strawberries and grapes almost always found to be contaminated with the toxic “forever chemicals”.The analysis coincided with the introduction of California legislation that would by 2035 fully ban Pfas from being used as active ingredients in pesticides, and require warning labels and other restrictions in the meantime. Continue reading......

Andalusia houses 'Europe's vegetable garden' – a laboratory of development and innovation producing vegetables for all of EuropeEurope's vegetable garden is in Andalusia, southern Spain. It is so vast that it can even be seen from space: if you open Google Maps and look west of Almería, you will see a white patch that looks like a glacier, but as you zoom in, you realise it is the highest concentration of greenhouses in the world. More than 30,000 hectares (74,131 acres) of land are covered in plastic, a geometric labyrinth five times the size of Manhattan, where 3.5m tons of vegetables are produced every year – from tomatoes to cucumbers, peppers to courgettes, aubergines to melons – enough to feed half a billion people and generate a turnover of more than 3bn euros.Workers prepare peppers inside the Hortamar cooperative, a fruit and vegetable producers' organisation in Roquetas de Mar, founded in 1977, that now has more than 240 members and sells throughout Europe, the US and Canada. Continu...

Richard Harvey and Joy Webb respond to an article by George Monbiot on the fragility of the global food system in light of the Iran warAlthough I agree with George Monbiot's analysis of the serious risks that we face from a breakdown in the UK food supply chain, there are two important points we need to recognise (We're letting big corporations gamble with our lives. Act now, or the food could run out, 25 March). First, we must seek to increase food production on UK farms because this has been falling for several decades.Food self-sufficiency in the UK fell from 78% in 1984 to 62% in 2024. The decline is largely due to the loss of farmland to non-farming use: buildings, roads and railways, conservation and wildlife schemes, solar farms and recreation. We need to plan for a scenario where imported food may not be readily available. Continue reading......

It's likely, but it also could be a boon for a new generation of entrepreneurs willing to take over established operationsWant to buy my business? It's been very profitable. I've run it for more than 25 years. But no, you don't want to buy it. Like most small businesses in this country, there's really nothing of value here.According to the Small Business Administration, there are approximately 33m small businesses in the US. But fewer than 7m actually employ people. The rest comprise freelancers, side gigs and independent contractors. I'm sure many of these people are making a living. But are they building assets? A brand? Probably not. If that “business owner” suddenly disappears, their business disappears with them. No one wants to buy a business like that. There's no value. Continue reading......

Exclusive: Pubs, restaurants and hotels warn of mounting pressure days before rates rises and higher wage bills take effectOne in five hospitality businesses fear collapse in the next 12 months, according to an industry-wide survey that comes days before rises in tax and employment costs kick in.From Wednesday, many pub, restaurant and hotel companies face the prospect of a higher bill for business rates paid to their local authority, while an increase in minimum wage thresholds takes effect on the same day. Continue reading......

US release of horror novel Shy Girl cancelled and UK book discontinued after suspected AI use, as publishers feel 'cold shiver'Recently, the literary agent Kate Nash started noticing that the submission letters she was receiving from authors were becoming more thorough – albeit also more formulaic.“I took it as a rise in diligence,” she said. “I thought it was a good thing.” Continue reading......