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This bold step would provide a practical route for restoring the UK to its rightful place within the EU, says Prof Philip MurphyThe prime minister's comments about seeking closer relations with the EU are to be welcomed as a step in the right direction (Starmer calls for 'ambitious' new UK-EU ties as Trump threatens to quit Nato, 1 April). Yet a piecemeal approach to repairing the damage done by Brexit is unlikely to succeed.A genuinely “ambitious” plan would be for Labour to announce a referendum on whether the UK should open negotiations on re-entry to the EU, promising a general election to secure a mandate to implement the proposal should the British public vote in favour. It would allow the government to seize the initiative, providing it with an issue around which to rally a broad base of electoral support. Continue reading......

The retailer has been criticised over treatment of Walker Smith, 54, who worked in London store for 17 yearsWaitrose is under growing pressure to reinstate an employee of 17 years who was sacked after tackling a shoplifter who was trying to steal Lindt Gold Bunny Easter eggs.The retailer has been criticised for its treatment of Walker Smith, who described his devastation after managers fired him two days after he stopped the shoplifter taking items from the display of Easter eggs. Continue reading......

US congressman decried bets on when two crew members on the F-15 jet shot down by Iranian forces would be rescuedAfter strong criticism from a federal lawmaker, the online betting platform Polymarket stopped accepting wagers on when US warplane crew members who were shot down in Iran might be rescued. It promised to investigate how the market materialized.The criticism came from Seth Moulton, a Massachusetts Democratic representative who earned two bronze star medals serving with the United States marine corps in Iraq from 2003 to 2008 and published an X post describing Polymarket's acceptance of bets on the downed pilots' fate as “DISGUSTING”. Continue reading......

Conservationists warn the move could push species closer to extinction and says clearer environmental rules are needed insteadGet our breaking news email, free app or daily news podcastConservationists and scientists have warned a mining lobby proposal to use artificial intelligence to speed up national environmental approvals could generate “Robodebt-style” failures, putting threatened species at further risk.The Minerals Council of Australia has asked the government to spend $13m to trial the use of AI to help companies prepare applications and help the federal government make decisions. Continue reading......

JP Morgan boss appears to condemn president's tariff regime in annual letter to shareholdersMiddle East crisis – live updatesThe head of America's largest bank has pressed the White House to strengthen America's allies economically in order to “avoid truly adverse consequences”, in the latest instalment of an increasingly testy relationship with the Trump administration.As the Middle East conflict sparked by US and Israeli attacks on Iran enters its sixth week, Jamie Dimon, the chair and chief executive of JP Morgan Chase, said in his annual letter to shareholders that “good” US foreign policy should put America first “though not alone”. Continue reading......

Tougher ethical certification process requires companies to meet standards in every one out of seven categoriesDozens of companies may be at risk of losing their coveted B Corp ethical status after the organisation behind the corporate kite-marking system raised the standards required to qualify.B Lab, which oversees B Corp certification, launched the biggest overhaul in its 19-year history earlier this month, scrapping a system under which companies must gather enough points across multiple categories to qualify. Continue reading......

Trying to make ends meet is an impossible effort, and things are rapidly getting worse. It's time the government listened to people like usElla Michalski is part of Changing Realities, a project working with low-income familiesIn times of war, it is right that we focus on the human suffering of those affected by military action. But its ripple effects have worsened an already dire set of living standards for families like mine, who simply cannot meet the rising costs of the most basic of essentials. With Bank of England research showing that companies are expected to raise prices rapidly over the coming months, we feel genuinely terrified about the costs we'll be facing.What was once considered a temporary fiscal emergency after the invasion of Ukraine is now a persistent, gruelling reality for too many. The term “crisis” suggests something that we could move beyond. But this impossible effort to make ends meet is a constant now for millions. It has been going on for so long that it has become almos...

The president has boasted about cutting prices of drugs, housing, food and gasoline. It's grossly exaggerated nonsenseIn recent months, Donald Trump has made some absurd comments about inflation, saying the affordability crisis is “a hoax” and “I won affordability,” a clumsy, questionable claim meaning that he somehow conquered inflation. Trump recognizes that affordability is a huge issue, and with his war against Iran proving to be a big political loser, he seems eager to score some political points by telling Americans that he's moving boldly to cut living costs. But as with everything Trump says, people shouldn't be tricked by his slick salesmanship.Trump has boasted about cutting prescription drug prices, housing prices, food prices and gasoline prices. All that might be great public relations for Trump, but it's grossly exaggerated nonsense. Trump's much-ballyhooed efforts to fight inflation are essentially diddlysquat. Many of them are mini efforts that have had mini effects in reducin...

As Americans struggle amid the threat of higher inflation, Lockheed Martin, Shell and other companies are experiencing gainsTwo weeks into the US-Israel war with Iran, the White House was fielding heavy criticism that the conflict would drive up gas prices and frustrate voters. Donald Trump turned to Truth Social to appease Americans about gas prices, which were slowly climbing toward $4 a gallon.“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” he wrote. Continue reading......

Companies using heating oil have already begun rationing their fuel use, says Federation of Small BusinessesMiddle East crisis – live updatesThousands of independent businesses across the UK are braced for their energy bills to more than double owing to the sharp rise in heating oil costs as the war in Iran pushed Europe's fuel market prices to fresh record highs.About 7% of all small and medium-sized companies warm their properties and provide hot water using heating oil, which in some cases has more than doubled in recent weeks. Continue reading......

President shifts deadline again for attacking power plants and bridges in expletive-ridden social media postMiddle East crisis – live updatesDonald Trump issued an expletive-laden warning on Sunday that Tehran had until Tuesday night to reopen the strait of Hormuz or the US would obliterate Iran's power plants and bridges.Iran's parliament speaker responded with a warning that the US president's “reckless moves” would mean “our whole region is going to burn”. Continue reading......

Levy on inherited farms and family businesses worth £2.5m or more comes into force 6 AprilA new inheritance tax regime for UK farms and family businesses comes into force on Monday and will present “significant challenges” for those affected, according to accountants.In October 2024 the government announced plans to levy inheritance tax on farms – prompting an outcry in many quarters. Continue reading......

Union says new entitlements, part of Employment Rights Act 2025, will help lower-income householdsUp to 9.6 million UK workers are to benefit from the changes to sick pay rules, according to unions. They say the policy has widespread support from voters despite pushback from some businesses.From Monday, about 8.4 million workers who rely on statutory sick pay – the minimum amount employers must pay – will be paid from the first day of becoming ill rather than from day four, according to an analysis by the Trades Union Congress (TUC). Continue reading......

Meta has just lost a multimillion-dollar legal battle over its failure to prevent children being sold on its platforms. Here's how we uncovered evidence that became part of the case against itIt started with a tipoff. I was reporting on the trafficking and exploitation of migrant workers in the Gulf when a source I had known for more than a decade reached out. They told me that child sexual abuse trafficking in the US was surging. As the Covid pandemic pushed predators online, some were using Facebook and Instagram to buy and sell children.It was 2021 and I was about to begin an investigation with Mei-Ling McNamara, a human rights journalist, that would lead to the tech company Meta losing a multimillion-pound court case in March this year. The company had not yet rebranded and was known as Facebook, and there had not been any reporting on how children were being trafficked on its platforms. Experts from anti-trafficking nonprofit organisations and an American law enforcement official talked me through t...

Readers respond to a letter by the GB News co-owner, in which he argued that calling for an end to fossil fuels is impracticalLast week I was among 120-plus Christian leaders who, in an open letter covered by the Guardian, challenged Sir Paul Marshall – a professing Christian, hedge fund manager and owner or part-owner of prominent media properties, including GB News – about climate misinformation on his news channel (Church leaders criticise Christian owner of GB News over channel's climate attacks, 26 March). The letter also called for transparency regarding any financial interests in fossil fuels that Sir Paul may have, as well as transparency from GB News presenters and guests.However, rather than address calls for transparency related to any financial interests in fossil fuels, Sir Paul has now written to the Guardian, claiming that the “net zero consensus is crumbling” (Letters, 30 March). Continue reading......

PM also criticises business figures and opponents of changes, many of which come into force on Monday• Workers, pensioners and children: all better off. Ignore the critics – we really are standing up for working people Keir Starmer has used a series of new workers rights that come into force on Monday to attack the Green party, saying a vote for Labour's rivals puts such progress on sick pay, parental leave and zero-hours contracts at risk.The prime minister also took a swipe at business figures and opponents of what he described as the biggest strengthening of workers' rights in a generation, dismissing “vested interests” who had warned against them. Continue reading......

Members reportedly agree rise of 206,000 barrels a day in May but move symbolic with strait of Hormuz effectively closedMiddle East crisis – live updatesIranian drones struck Kuwait's oil infrastructure on Sunday, causing “severe material damage” that threatened to further disrupt oil supplies already hit by the US and Israel's war with Tehran.It came hours before members of the Opec+ group that represents major global oil suppliers gathered to discuss how to bolster output despite Iran's effective closure of the crucial strait of Hormuz shipping route. Continue reading......

Day-one rights to statutory sick pay and paternity leave begin on Monday, and that fits the pattern. From my own life, I know people's anxieties, and I will respondStarmer attacks Greens, saying vote for Labour rivals puts new workers' rights at riskThis week 27 years ago, a Labour government introduced the minimum wage. At the time, the voices of the status quo lined up against it, but Labour made a choice: to stand up for working people. My government is doing the same.On Monday, the biggest strengthening of workers' rights in a generation comes into force. For the first time, workers gain day-one rights to statutory sick pay and paternity leave. No one should be forced to choose between their health and their wages, or miss those first precious days with their child because of insecurity at work.Keir Starmer is the UK prime minister Continue reading......

Ultra-low rates turned the yen into easy cash for bankers. But the carry trade now binds global markets to decisions in TokyoIn 2015, Clyde Prestowitz's book Japan Restored imagined a Japanese century emerging from upheavals such as an Israeli attack on Iran. While conflict now grips the Middle East, there are few indications of the revolutionary change the former US national security official foresaw. But in one crucial respect this already is a Japanese century – thanks to the yen's role as easy money for global finance.The Bank of Japan's loose monetary policy has turned the yen into the world's cheapest and most reliable funding currency. By suppressing yields on public debt to keep Japan's domestic economy afloat, the BoJ effectively created a publicly subsidised funding pipeline for bankers. They can make a quick buck by borrowing cheaply in yen and investing in higher-return assets, such as US equities. The “yen carry trade” surged after the pandemic, with speculators...

Buzzy workplace trends all point to the same thing: avoiding work while still collecting a paycheckThere's another hot trend in the workplace – microshifting, and it's about to revolutionize the workday by breaking the traditional 9-to-5 into short, flexible and non-linear bursts of activity rather than a continuous 8-hour stretch. Microshifting allows for a better work-life balance. Why not do a yoga class or pop to the shops during work hours? I mean, what is “work” anyway?Like bare minimum Mondays, where workers recuperating from weekend hangovers allow themselves to accomplish the least amount the day after, or coffee badging, which involves taking the time out of the workday to protest an employer's in-office requirements by driving into the office, swiping your badge, having a coffee, then taking more time out of the workday to drive back home, it used to have another name, as the Guardian noted earlier this year: “Taking the piss.” Continue reading......