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8 minutes ago
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Bank of England holds interest rates at 3.75% as Iran war prompts inflation fears
Decision comes as concerns mount over economic fallout from conflict bringing fresh cost of living shockBusiness live – latest updatesThe Bank of England has kept interest rates on hold amid growing fears over an inflation shock triggered by the US-Israel war on Iran.As households brace for a rise in living costs, the Bank’s rate-setting monetary policy committee (MPC) voted by a majority to keep its key base rate at the current level of 3.75%. Continue reading...
The Guardian
8 minutes ago
Farage called Welsh people ‘foreign speakers’ in paid-for video message
Reform UK leader’s remarks in Cameo clip risk damaging party’s ambitions in upcoming Welsh electionsFarage videos reveal support for rioter, neo-Nazi event and far-right slogansNigel Farage described Welsh people as “foreign speakers” in a paid-for personalised video message that could prove awkward for Reform UK in forthcoming elections in the country.Farage made the remarks in a video he was paid to make on Cameo, a personalised video platform, to celebrate a wedding. Continue reading...
The Guardian
8 minutes ago
Buzz kill: US breweries shutter as fanfare over craft beers appears to fade
Covid-related downturns and reductions in alcohol consumption have taken a toll on a once booming industryIn the early 2000s, Chris Bell, then a student at University of Colorado Boulder, followed a common path among people interested in brewing beer. He started doing so at home, then spent years working at established craft beer makers Long Trail Brewing in Vermont and Avery Brewing in Colorado before opening Call to Arms Brewing Company in 2015 in Denver.In a crowded market, the business was successful. Its More Like Bore-O-Phyll beer won a gold medal in the fresh or wet hop ale category at the 2018 World Beer Cup. A local outlet called it one of the city’s best breweries, and it had a 4.7 rating from more than 400 reviews on Google. Continue reading...
The Guardian
8 minutes ago
Gas prices surge 25% as Middle East conflict ‘spooks the markets’; airlines warn of higher fares as oil jumps 10% – business live
Attacks on South Pars and Ras Laffan, and Donald Trump’s threat to “massively blow up” the world’s largest gasfield, all hit marketsUK wage growth slows sharply as unemployment holds steadyFed holds interest rates steady as Iran war drives up oil prices and inflation fearsMiddle East crisis live: Trump threatens to ‘blow up’ entire South Pars gasfield if Iran strikes QatarEuropean stock markets have dropped sharply at the start of trading, hit by worries about surging energy prices.In London, the FTSE 100 blue-chip share index has tumbled by 162 points, or 1.6%, to 10,142 points.“Fears of a sustained energy shock have resurfaced after the escalation in the Iran war sent oil and gas prices soaring. The prospect of a longer, more drawn-out conflict is in sharp focus, as both sides ratchet up attacks on energy infrastructure.Brent crude remains highly volatile but has traded as high as $114 a barrel today, threatening to climb back towards recent scorching levels. Gas prices have surged by 25%, reaching a range not seen since early January 2023.The Company is ready to restart production and exports quickly with an improvement in the security environment. Continue reading...
The Guardian
9 minutes ago
Badenoch offers new explanation for Tory attack on Muslim event, saying party objecting to gender segregation – UK politics live
Tory leader continues to back Nick Timothy after he said public prayer for Ramadan was an ‘act of domination’Starmer claims Tories have ‘problem with Muslims’ after Timothy tweetCleverly is trying to show a video, but it is not working. So he just invites Kemi Badenoch to start her speech.The Conservatives are launching their local elections campaign. There is a live feed here. Continue reading...
The Guardian
14 minutes ago
Middle East crisis live: Hegseth to address media after Trump threatens to ‘blow up’ entire South Pars gasfield
US president says Israel will not launch another attack on the giant gasfield shared by Iran and Qatar, but promises to destroy it if Tehran retaliatesThe war cost the US $12.7bn by day six. Here’s how it’s been spent – in chartsTurning to Australia now, a petrol tsar will manage “unprecedented” supply issues caused by the Middle East conflict as the finishing touches are put on measures to address dire shortages in many regional areas.Prime minister Anthony Albanese convened a snap virtual meeting of the national cabinet on Thursday to discuss major price shocks and shortages driven by the US-Israel war on Iran.My government will be announcing more measures to prepare the nation for supply chain challenges over coming days and weeks.Our fuel supply is currently secure. However, I want us to be over-prepared. Continue reading...
The Guardian
28 minutes ago
Hungary’s Orbán says he won’t back down and allow EU’s €90bn loan to Ukraine – Europe live
Hungarian PM, who is facing an upcoming election, appears in no mood to compromise as EU leaders meet in Brussels this morningGermany’s chancellor Friedrich Merz also called for de-escalation in the Middle East, welcoming what he said were signals by US president Donald Trump that combat action in Iran could come to an end, which could allow Europe to contribute to securing peace in the region.“I am expressly grateful that the US president sent a signal in this regard last night that he is prepared to bring the fighting to an end,” he told reporters ahead of an EU summit in Brussels in comments reported by Reuters. Continue reading...
The Guardian
38 minutes ago
First Thing: Trump threatens to ‘blow up’ all of Iran’s South Pars gasfield if Tehran strikes Qatar
The move would be a major escalation in the US-Israel war against Iran. Plus, FBI director admits to buying data tracking Americans’ locationsGood morning.Donald Trump threatened to “massively blow up” the world’s largest gasfield after Israeli strikes on Iran’s South Pars field led Tehran to take revenge on energy facilities across the Middle East.What’s happening to oil and gas prices? Brent crude rose by 8% to $116 a barrel. European gas prices jumped, with the Dutch wholesale gas price up 24%.What do we know about the war’s economic cost? The war cost the US $12.7bn by day six – the total is likely to have now exceeded $18bn. Here’s a visualization of how that has been spent.Could US-Israeli attempts to take out Iranian leaders backfire? Some analysts think so. “It is not an approach that produces Jeffersonian democrats but hardened resistance fighters. It breeds more resistance,” said Sanam Vakil, an Iran expert at Chatham House.Follow our live coverage here.Who has spoken out? Labor rights activist and co-founder of the UFW Dolores Huerta, 95, released a statement on Wednesday saying: “I have kept this secret long enough. My silence ends here.” The report also includes the stories of two women, who were daughters of organizers in the movement, who said they were children when the grooming and abuse began. Continue reading...
The Guardian
45 minutes ago
BP to sell German oil refinery as part of $20bn cost-cutting plan
Energy company plans full return to London by moving global HQ to new development on South BankBusiness live – latest updatesBP has agreed to sell its giant German oil refinery site in Gelsenkirchen to the investment firm Klesch Group as part of the British oil company’s plan to sell off $20bn (£15bn) worth of assets and cut its costs.The value of the sale was not disclosed but BP said it would save the oil company about $1bn of underlying operating expenditure at the complex, which processes about 12m tonnes of crude oil every year, mainly as fuel for cars and aircraft. Continue reading...
The Guardian
48 minutes ago
Analysis from West Point warns that strait of Hormuz blockade will strangle US defense industry
Report shows how minerals critical to defense readiness have seen a ‘near total’ disruption in seaborne tradeSign up for the Breaking News US email to get newsletter alerts in your inboxThe closure of the strait of Hormuz is causing a “paralyzing, real-time problem” for any prospective manufacturing surge in the US defense industrial base, and even for the repair of defense equipment damaged by Iranian attacks, according to analysis published by West Point’s Modern War Institute.In particular sulphur, a vital upstream input in the extraction of critical minerals including copper and cobalt, has seen a “near total” disruption of seaborne trade in the straits, which makes up half the world’s total shipments, and prices have spiked nearly 25% since the war began, and seen a 165% rise year on year, the report said. Continue reading...
The Guardian
1 hour ago
Independent autism committee that challenges RFK Jr’s overhaul draws criticism
Kennedy’s appointees promoted ‘treatments’ like bleach enemas, but new committee has only one autistic memberThe first public meeting of US autism advisers – notably, since Robert F Kennedy Jr reshaped the committee – was cancelled recently with few details, coinciding with the creation of a rival organization that has prompted some questions within the autistic community about their focus.Kennedy, the secretary of the US Department of Health and Human Services (HHS) who has long argued for a debunked link between vaccines and autism, chose entirely new members for the Interagency Autism Coordinating Committee (IACC) in late January, with fewer autistic people and several anti-vaccine advocates. Continue reading...
The Guardian
1 hour ago
Tropical Cyclone Narelle to make landfall in far north Qld on Friday as category 5 storm, bringing 315km/h wind gusts
Massive storm tracking a path to Queensland coast, which intensified offshore Thursday morning to category 5, fuelled by warm waters in Coral SeaCyclone Narelle path tracker mapGet our breaking news email, free app or daily news podcastSevere Tropical Cyclone Narelle is expected to make landfall in far north Queensland on Friday morning as a monster category 5 storm, bringing destructive wind gusts of 315km/h, according to the Bureau of Meteorology.The severe cyclone rapidly intensified over the past 48 hours and on Thursday morning had built to a category 5 storm that was barrelling west, sitting about 355km east of the small town of Coen. Coen has a population of approximately 330. Continue reading...
The Guardian
1 hour ago
US rapper Afroman cleared after police sued him over use of home raid footage
Artist who topped UK charts with Because I Got High created comedic videos from footage, which officers claimed invaded their privacyChart-topping US rapper Afroman has been cleared of wrongdoing after Ohio police filed a lawsuit against him, alleging defamation, emotional distress and invasion of privacy after the artist used footage from a police raid on his home in a series of mocking videos.In 2022, police searched the rapper’s home for evidence of drug possession and trafficking, and kidnapping. No evidence was found and no charges were filed. Continue reading...
The Guardian
1 hour ago
Woman has sentence quashed by Tanzania court after over a decade on death row
Lemi Limbu, who has severe intellectual disabilities, remains in prison and will now face retrial for the murder of her daughterA woman with severe intellectual disabilities in Tanzania has had her conviction and death sentence quashed after spending more than a decade in prison awaiting execution.Lemi Limbu, now in her early 30s, was convicted of the murder of her daughter in 2015. On 4 March, a court in Shinyanga, northern Tanzania, declared she can appeal. She will face a retrial, but a date has yet to be set. Continue reading...
The Guardian
2 hours ago
‘Eerily silent’: Cape York residents batten down the hatches ahead of Tropical Cyclone Narelle’s arrival
Residents of Coen and surrounding towns in far north Queensland spent Thursday sandbagging, stockpiling food and preparing for power outages ahead of possible category 5 stormCyclone Narelle path tracker mapGet our breaking news email, free app or daily news podcastIn some ways, it seemed a pleasant, wet season morning in the remote Aboriginal community of Coen in tropical far north Queensland on Thursday – and Sara Watkins was preparing for a sausage sizzle.“It’s a day that you’d spend going fishing,” she said. Continue reading...
The Guardian
4 hours ago
Leo Varadkar: LGBTQ+ rights in Europe face ‘chill wind’ from east and west
Ireland’s former taoiseach warns of conservative Russian influence and says US is now ‘off the pitch’ under TrumpLGBTQ+ rights in Europe are caught in a “chill wind” from east and west as Vladimir Putin’s Russia exports its conservative agenda and the “Americans are off the pitch” under Donald Trump, Ireland’s former taoiseach Leo Varadkar has said.Varadkar, who in 2017 became Ireland’s first out gay prime minister, said Europe needed to “step up” to avoid the continent becoming further squeezed by global forces seeking to chip away at recent progress. Continue reading...
The Guardian
5 hours ago
Malinauskas steps up One Nation attack ahead of SA election – as it happened
This blog is now closedTropical Cyclone Narelle tracker map: where and when will it hit the Queensland coast?Get our breaking news email, free app or daily news podcastAgriculture minister says government monitoring any price gouging of fertiliserJulie Collins, the federal minister for agriculture, said the government is monitoring any price gouging for fertiliser amid the turmoil in the Middle East.I think our government has been very clear that this should not be seen as a commercial opportunity for anybody. This is about what is in the national interest. This is a conflict that is impacting globally, and what we need Australians to do is to act in the national interest, and that includes everybody along that supply chain. Continue reading...
The Guardian
5 hours ago
Power prices expected to fall by up to 10% from July, bringing ‘welcome relief’ to Australia’s east coast
Increased wind and solar generation, along with falling electricity contract prices, are expected to deliver lower energy billsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastPower prices on Australia’s east coast are predicted to fall from July because of increased output from wind generation and batteries, and falling electricity contract prices, with potential savings up to $1,320 for some small businesses.In a draft decision on Thursday, the Australia Energy Regulator (AER) proposed a price reduction for customers on standing electricity plans – known as the “default market offer” – of between 1.3% to 10.1% for residential customers, and between 8.5% and 21.2% for small businesses, depending on the region. Continue reading...
The Guardian
6 hours ago
‘Waiting for days’: India feels impact of gas supply chain disruption amid Iran conflict
People struggle to cook and businesses bear brunt as closure of strait of Hormuz slows imports of liquefied petroleum gasFor four days, Maya Rani, 36, has been arriving each morning at a gas distributor’s office in Delhi, her six-month-old daughter in her lap, waiting for hours. And each day she returns home empty-handed, told that a cooking gas cylinder may not be available for at least another week. Around her, the queue keeps growing, people clutching forms and documents, hoping to secure a cylinder.The flame in her kitchen began to fade last week and her husband, as he always does, took their 5kg cylinder to a local refiller. This time, there was nothing. The only option left was to apply for a government-subsidised supply, a process that has meant repeated visits, long waits and no certainty. Continue reading...
The Guardian
6 hours ago
Jihadist violence in Nigeria and DRC rose sharply last year even as global deaths from terror fell
Nigeria had largest increase in terrorism-related deaths, ranking fourth in global index behind Pakistan, Burkina Faso and NigerJihadist violence rose sharply in Nigeria and Democratic Republic of Congo last year, even as global deaths from terrorism dropped to their lowest level in a decade, according to a new report.Nigeria recorded the largest increase in terrorism deaths globally in 2025, with fatalities rising by 46% from 513 in 2024 to 750, placing it fourth in the Global Terrorism Index, behind Pakistan, Burkina Faso and Niger. Continue reading...
The Guardian
7 hours ago
Hungary’s Orbán to face pressure over Ukraine loan veto at EU summit
Hungarian PM shows no sign of backing down while Volodymyr Zelenskyy urges EU to resolve disputeHungary’s prime minister, Viktor Orbán, will face pressure from other EU leaders to stop blocking a vital €90bn loan for Ukraine over a political dispute about an oil pipeline.Ahead of an EU summit on Thursday, Orbán, who faces elections next month, showed no sign of backing down in his veto of the loan. He said he would not allow it until the damaged Soviet-era Druzhba pipeline supplying Hungary with Russian oil via Ukraine was repaired. Continue reading...
The Guardian
7 hours ago
Woman who was sexually abused by her parents for 14 years says she was devastated by The Australian’s podcast
Abuse survivor tells news.com.au that her mental health suffered after being contacted by journalist Richard GuilliattWarning: This article contains graphic contentGet our breaking news email, free app or daily news podcastA woman who suffered sexual and physical abuse at the hands of her parents for 14 years has broken her silence to say how devastated she was when The Australian interviewed the jailed couple for a podcast called Shadow of Doubt and described her evidence in an editorial as “manifestly implausible”.Her parents were jailed in 2016 but it was not until this week she chose to speak publicly after suppression orders were lifted in a separate, historical case against her father, William “Rob” Gilfillan. Continue reading...
The Guardian
7 hours ago
Cathay Pacific suspends flights to and from Dubai until end of April – as it happened
This liveblog is closed – follow our new liveblog here.Iran is still exporting millions of barrels of oil, with about 90 ships, including oil tankers, having crossed the strait of Hormuz since the beginning of the war with Iran, according to maritime and trade data platforms reports.This is despite Iran saying it had closed the vital waterway to vessels from the US and its allies. Continue reading...
The Guardian
8 hours ago
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