Central banks ‘risk tipping UK and other developed countries into recession’

Stance on inflation poses threat to ‘soft landing’ forecast for global economy, says OECD

Continued tough action by central banks to tackle stubborn inflation risks tipping Britain and other developed countries into recession next year, the west’s leading economic thinktank has warned.

The Organisation for Economic Co-operation and Development (OECD) said the chances of policymakers getting it wrong were “pretty high” and posed a threat to its central “soft landing” forecast for the global economy.

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Saudi Arabia’s wealth fund takes 10% stake in Heathrow airport

Spanish firm Ferrovial sells off holding after 17 years, with other 15% going to French group Ardian

Saudi Arabia’s sovereign wealth fund has taken a 10% stake in Heathrow for £1bn from the Spanish infrastructure company Ferrovial, which is selling off its holding in Europe’s biggest airport after 17 years.

Ferrovial has sold its entire 25% stake in Heathrow’s parent company, FGP Topco, for £2.4bn, with a 15% share of the firm going to the French private equity group Ardian and the rest going to the Saudi Public Investment Fund (PIF).

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V&A director says museum trustees ‘infantilised’ amid row over Parthenon marbles

Tristram Hunt says trustees should be able to ‘make case’ for items to be retained or returned to countries of origin

Museum trustees should be able to “make the case” whether items in their collections should be retained or returned to their countries of origin, but instead were being “infantilised” and “hidebound” by legislation, Tristram Hunt, the director of the V&A, has said.

He was speaking as a diplomatic row between the UK and Greece over the future of the Parthenon marbles, held at the British Museum, blew up this week after Rishi Sunak abruptly cancelled a meeting with the Greek prime minister, Kyriakos Mitsotakis.

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Ukraine war has marked a turning point in Europe’s gas consumption, says IEA

Global energy watchdog says Russia cutting supplies has prompted efficiency upgrades and move to heat pumps

The Ukraine crisis has marked a turning point for Europe’s gas consumption, which is expected to fall again this year as homes and firms embrace efficiency upgrades and heat pumps, according to the global energy watchdog.

A report from the International Energy Agency found that the continent’s developed economies reduced their gas use by 15% in 2022 after Russia cut off flows after its invasion.

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Sunak accused of trying to ‘reset’ climate credentials at Cop28

British PM to tell UN summit of plans for rainforests and new national park – but green groups remain sceptical

Rishi Sunak is to announce a new package of green measures as the Cop28 UN climate summit begins in Dubai, including a search for a national park, a strategy on British rainforests and landscape recovery projects with farmers.

But green groups have told the Guardian the package is greenwashing and an attempt by the UK prime minister to “reset” his reputation after previously opposing environmental measures.

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One in seven HR heads believe men are better suited to top jobs

‘Shocking’ poll in England and Wales shows nearly one in five reluctant to hire women they think may go on to have children

A significant minority of human resources executives believe men are better suited to senior management than women, according to the results of a “shocking” poll.

Nearly one in seven HR decision-makers rate men as better for top jobs and nearly one in five admitted they were reluctant to hire women they thought might go on to start families, the survey of personnel managers in England and Wales for the charity Young Women’s Trust (YWT) found.

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Elf Bar vape adverts banned in UK over ‘greener’ recycling claims

Ads gave misleading impression that recycling vapes is easy and can be done at home, says watchdog

Adverts for the vaping company Elf Bar have been banned after using the slogan “recycling for a greener future” over concern they were misleading because of the environmental damage of discarded vapes.

A study by Material Focus shows that 260m disposable vapes were thrown away in the UK in 2022, making them a leading cause of the rise in plastic pollution in recent years.

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Online marketplaces report surge in sales of secondhand goods

Amazon, eBay and others record rise in reselling as cost of living crisis bites and customers try to shop sustainably

Online marketplaces are experiencing a surge in sales of secondhand goods amid the cost of living crisis and customers choosing to shop more sustainably.

Amazon said it had seen a 15% increase in sales of secondhand goods in the first nine months of the year, with sales across the UK and Europe hitting £1bn a year.

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£400m for UK early years sector will ‘buy time’ but isn’t enough, experts say

Money comes as state-funded childcare expands from next April but providers say more is needed to stop nurseries from closing

A funding injection of £400m into the early years sector will “buy time” ahead of a massive expansion of state-funded childcare in the UK, but will not be enough to keep nursery doors from closing, a body representing providers has warned.

Ministers have announced that applications for the first wave of new government-funded childcare offers will open to working parents of two-year-olds on 2 January, and have increased the amount of money it gives to local authorities to pay for the care.

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Thousands of refugees in England and Wales ‘face homeless Christmas’

Government push to clear asylum backlog is not giving people granted refugee status enough time to find new home, say councils

Tens of thousands of refugees are at risk of sleeping rough this Christmas after a Home Office drive to hit Rishi Sunak’s asylum case target, the umbrella body for local councils has said.

The Local Government Association said councils across England and Wales were facing a “perfect storm” as the government worked to clear 92,327 asylum cases by the end of the year.

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Parthenon marbles row raises fresh fears over fraught UK-EU relations

War of words between Athens and London escalates after Rishi Sunak’s snub to Greek prime minister

Rishi Sunak’s snub of his Greek counterpart over the Parthenon marbles raised fresh questions about Britain’s fraught relations with its European neighbours as a war of words between Athens and London escalated on Tuesday.

A meeting on Tuesday between Sunak and Kyriakos Mitsotakis was cancelled because the Greek prime minister reneged on assurances that he would not use a UK visit as a “public platform” to lobby for the return of the marbles to Athens, Downing Street said. The Greek side has denied any such assurances were given.

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Michael Gove delivers apology to Covid victims and their families for ‘mistakes made by government’ – UK politics live

Levelling up secretary breaks away from evidence at Covid inquiry to apologise for ‘errors I and others made’

Gove breaks away from the line of questioning to issue an apology.

I want to take this opportunity, if I may, to apologise to the victims who endured so much pain, the families who’ve endured so much loss, as a result of the mistakes that were made by government in response to the pandemic.

And as a minister, responsible for the Cabinet Office, and who was also close to many of the decisions that were made, I must take my share of responsibility for that.

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First transatlantic flight using 100% sustainable jet fuel to take off

Virgin Atlantic flight, partly funded by UK government, hailed by ministers but criticised by campaigners


The first transatlantic flight by a commercial airliner fully powered by “sustainable” jet fuel will take off from London Heathrow this morning.

The Virgin Atlantic flight, partly funded by the UK government, has been hailed by the aviation industry and ministers as a demonstration of the potential to significantly cut net carbon emissions from flying, although scientists and environmental groups are extremely sceptical.

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‘Appalling abuse of animals’: Chris Packham tells Ant and Dec I’m a Celebrity is like dog fighting

The conservationist compares ITV reality show to pursuits that are ‘the sad preserve of psychopathic criminals’

Chris Packham has written a letter to Ant and Dec, accusing I’m a Celebrity … Get Me Out of Here! of exploiting animals.

In the missive, released on X (formerly Twitter), he states that this is not the first time he has tried to engage with the show’s presenters about animal welfare standards on the reality show, but that his previous “polite, reasonable and constructive” attempts were ignored so “this time I’ll be a little more frank and forthright”.

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EasyJet returns to profit but Israel-Hamas war reduces bookings

Budget airline says its research has found two-thirds of Britons are more likely to travel abroad next year

EasyJet has experienced a general drop in bookings since the Israel-Hamas war started, which prompted it to pause flights to Israel and Jordan, but said demand was coming back and consumers were keen to holiday abroad next year.

Johan Lundgren, the budget airline’s chief executive, said: “As we saw with Ukraine, there has been a short-term industry-wide impact on [flight] searches and bookings, though this now seems to be coming back with a recent improvement in trading.”

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Greek leader declines meeting with UK deputy PM after Rishi Sunak’s snub

Kyriakos Mitsotakis ‘deeply disappointed’ after Sunak talks cancelled amid Parthenon sculptures row

The Greek prime minister has declined a meeting with the UK deputy prime minster, Oliver Dowden, after it was offered in place of talks with Rishi Sunak, amid an escalating row over repatriation of the Parthenon sculptures.

Kyriakos Mitsotakis, Greece’s prime minister, said he was “deeply disappointed” by the abrupt cancellation of a meeting on Monday with Sunak in London, at which he had planned to raise the issue of the sculptures.

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Wilko rescue failed because ‘everyone got a little bit greedy’, says HMV owner

Retailer’s suppliers did not think of 12,000-plus jobs that could have been saved, claims Doug Putman

The HMV owner Doug Putman has said his planned rescue of the retailer Wilko collapsed because “everyone just got a little bit greedy” and was not thinking about the jobs that could have been saved.

The Canadian retail billionaire, who has engineered a turnaround of HMV in the UK and owns Toys R Us in Canada, was close to a deal to take over as many as 200 of Wilko’s 408 stores in September, which would have saved more than 12,000 jobs.

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Tuesday briefing: Inside the populist rightwing plan to split the Conservative vote

In today’s newsletter: Lee Anderson says he turned them down, but the party created by Nigel Farage will be trying to smoke out more Tory defectors

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Good morning. Think of what Lee Anderson could do with £430,000: by his own dubious estimation, that’s about 1.4m nutritious meals. Sadly, we will never see exactly how many tins of beans the Conservative party’s deputy chair would buy, because, in a recording obtained by the Sunday Times, he says that’s the amount he turned down from rightwing Tory irritant and former Nigel Farage vehicle Reform UK to defect.

The money, it is alleged, would be paid as a guaranteed salary matching his MP’s income for five years if he were to lose his seat under the party’s banner. That claim is vigorously denied by Reform UK’s leader, Richard Tice, who says Anderson was merely offered “the chance to change the shape of the debate”.

Israel-Hamas war | Eleven more Israeli hostages have been freed from Gaza in return for 33 Palestinians held in Israeli jails, as the two sides agreed to extend the existing ceasefire by two days. Hamas said that the continuation of the ‘pause’ will continue under the same conditions after the intervention of Qatar and Egypt, mediators for the initial agreement.

Parthenon marbles | Rishi Sunak cancelled a meeting with Greek prime minister Kyiakos Mitsotakis at the last minute on Monday after his counterpart gave an interview calling for the Parthenon marbles to be returned from the British Museum. In a renewed row over the fate of the antiquities, which were taken from the Acropolis in the 19th century, Mitsotakis told reporters he was “deeply disappointed by the abrupt cancellation”.

NHS | Senior doctors reached a pay deal with the government on Monday, paving the way for the cancellation of strikes that could have hit the NHS during the usual winter crisis. The offer will mean an average 4.95% pay increase for the last three months of the financial year and some consultants seeing a 19.6% salary increase over the year.

Ukraine | The Ukrainian government is planning to change its conscription practices as it seeks to sustain fighting capacity after nearly two years of full-fledged war with Russia. Amid widespread conflict fatigue, the changes will use commercial recruitment companies to reassure conscripts they will be deployed in roles that match their skills and not simply sent to the front.

I’m a Celebrity… | The Guardian’s restaurant critic Grace Dent has told fellow contestants that her “heart is broken” as she left I’m a Celebrity … Get Me Out of Here! on medical grounds. Dent had told fellow contestants she was struggling with her time in the jungle.

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Greek PM criticises Rishi Sunak for cancelling planned meeting at No 10

Tory source says ‘it became impossible for meeting to go ahead’ after Kyriakos Mitsotakis urged return of Parthenon marbles to Athens

Greece’s prime minister has criticised the decision of his British counterpart Rishi Sunak to cancel planned talks at which he had hoped to raise the issue of the Parthenon marbles, as disagreements over the antiquities erupted with renewed vigour.

As aides described Sunak’s move as “wrong and undignified”, Kyriakos Mitsotakis, who is visiting London, voiced irritation at the scheduled Downing Street meeting being called off at the 11th hour.

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Senior doctors in England reach pay deal with government

NHS leaders welcome breakthrough as ‘vital step’ towards halting walkouts by various staff groups

Doctors’ leaders have struck a deal with ministers that could end the strikes by hospital consultants that have badly disrupted NHS care for months.

Grassroots members of the British Medical Association (BMA) and the Hospital Consultants and Specialists Association (HCSA) in England still have to approve the government’s offer. But if medics accept it in referendums then both unions will call off the industrial action that has led to hundreds of thousands of operations and outpatient appointments being cancelled.

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