Cost of living squeeze could push UK into ‘mild recession’; petrol price hits fresh highs – business live

Rolling coverage of the latest economic and financial news

Motoring group RAC say UK fuel retailers are engaging in ‘rocket and feather’ pricing, after petrol and diesel both touched record highs over the weekend.

Prices at the pumps jumped sharply (over the last few months as wholesale prices have risen.

“We are struggling to see how retailers can justify continuing to put up their unleaded prices as the wholesale cost of petrol has reduced significantly.

This is sadly a classic example of ‘rocket and feather’ pricing in action, and one which the Competition and Markets Authority will no doubt be looking at very closely. It seems as if retailers are making matters worse for themselves by not lowering their forecourt prices despite having a clear opportunity to do so.

Continue reading...

FCA investigates Wise co-founder after tax default

Kristo Käärmann was included on HMRC’s list of deliberate tax defaulters in September 2021

The UK’s financial regulator is investigating the co-founder of payments company Wise after he failed to pay his taxes.

Kristo Käärmann was included on HM Revenue and Customs’ list of deliberate tax defaulters in September 2021, after failing to comply with his tax obligations. He failed to pay £720,495 for the 2017-18 tax year and received a fine of £366,000, the tax authority said.

Continue reading...

‘This was properly amazing work’: the artist’s life’s work found in a skip

George Westren’s op-art drawings went viral on social media after a neighbour saved them from the tip – now they might get an exhibition of their own

For a short time last week, the entire works of artist George Westren were sat in a skip, heading for the rubbish dump. A few hours later, however, and they were going viral on social media, with people across the world marvelling at his technique and enquiring as to how they might buy some of the late artist’s work.

None of this would have been possible if it wasn’t for the actions of “nosy neighbour” Alan Warburton. Warburton had been left saddened during lockdown by the news that Westren, his shy upstairs neighbour of six years, had died alone in his flat. Last week, after hearing removal men emptying out the place, he was horrified to see hundreds of Westren’s drawings and paintings bagged up and headed for the tip.

Continue reading...

Murdered British journalist Dom Phillips laid to rest in Brazil

My brother was killed because he tried to tell the world what was happening to the rainforest, says Sian Phillips

The British journalist Dom Phillips has been laid to rest in Brazil, exactly three weeks after he was gunned down while journeying through the Amazon with the Indigenous expert Bruno Pereira.

Pereira and Phillips, a longtime Guardian contributor, disappeared while travelling on the Itaquaí River on Sunday 5 June.

Continue reading...

British Muslim travel agencies in uproar over Saudi hajj changes

Saudi Arabia tells pilgrims to use new online system and to seek refunds from any agencies they have already paid

British Muslim travel companies have said they face going out of business, with travellers potentially losing thousands of pounds, after Saudi Arabia launched a new system for applying for the hajj pilgrimage.

The Saudi government announced this month that pilgrims from Europe, the US and Australia could no longer book through travel agencies and would instead have to apply through a lottery system.

Continue reading...

Prince Charles’s charities are no stranger to controversy

Analysis: Reports that prince accepted €3m from a former Qatari prime minister again throws spotlight on donations

Charles given €3m by Qatari politician, according to report

Claims by the Sunday Times of alleged cash donations given to the Prince of Wales’s Charitable Fund by a former Qatari prime minister are the latest to throw a spotlight on fundraising for the heir to the throne’s charities.

The billionaire Sheikh Hamad bin Jassim bin Jaber al-Thani, who was Qatar’s prime minister and foreign minister between 2007 and 2013, is a contentious figure.

Continue reading...

MP Patrick Grady quits SNP after being accused of sexual assault

Met police say they are investigating allegations former chief whip assaulted party worker at London pub

A senior Scottish National party MP accused of sexual assault has quit the party and will sit as an independent after the Metropolitan police said they were investigating the allegations.

The Met said it had received a complaint from a third party about Patrick Grady’s alleged sexual assault of a 19-year-old party worker at the Water Poet pub on Folgate Street, London, in October 2016.

Continue reading...

Boris Johnson warns of risk of fatigue in west’s support for Ukraine

At G7 summit, PM pushes for renewed sanctions and says he would welcome a visit to UK by Volodymyr Zelenskiy

Boris Johnson has warned about the likelihood of “fatigue” among western nations over continued support for Ukraine, as he began talks at the G7 summit in Germany, where he hopes to push for renewed sanctions against Russia.

Before the first day of the annual gathering of political leaders, held amid ultra-tight security in the Bavarian countryside, Johnson also hailed a new international ban on importing Russia gold.

Continue reading...

Sajid Javid tells of heartache over brother’s suicide

Health secretary urges men to discuss mental health and to ‘seek help’ when they need to

Sajid Javid has urged men to speak out about their mental health as he spoke publicly for the first time about the loss of his brother, who took his own life.

The health secretary said he still wonders if he could have acted to prevent his brother’s death, and spoke of his “deeply personal” mission to prevent suicides. Javid’s brother, Tariq, 51, took his own life in a hotel in Horsham, West Sussex, in July 2018.

In the UK and Ireland, Samaritans can be contacted on 116 123, or email jo@samaritans.org or jo@samaritans.ie. In the US, the National Suicide Prevention Lifeline is 1-800-273-8255. In Australia, the crisis support service Lifeline is 13 11 14. Other international helplines can be found at befrienders.org.

Continue reading...

Paul McCartney’s Glastonbury show hailed as ‘phenomenal’

Ex-Beatle’s gig seen by many in huge festival crowd as ‘something to tell your grandkids about’

Paul McCartney’s history-making Glastonbury set was hailed as one of the greatest headline performances of this generation as a crowd of more than 100,000 people gathered at the festival’s famous Pyramid stage to watch him play.

He was joined on stage by Bruce Springsteen and Foo Fighters’ Dave Grohl – and even sang a duet with his old bandmate John Lennon, using special effects pioneered by the Lord of the Rings director Peter Jackson.

Continue reading...

Boris Johnson tries to calm Tory anger over his ‘third term’ remarks

Prime minister says he meant he was focused on ‘massive agenda’ after No 10 initially suggested he was joking

Boris Johnson has sought to defuse a row triggered by his declaration that he wanted to remain in office until the 2030s, by saying he meant he was focused on his reform agenda.

Coming after two huge byelection defeats revived talk in the Conservative party of Johnson being forced out of office within weeks or months, the prime minister’s comment about already planning a third term prompted a former cabinet minister to say he was “completely delusional”.

Continue reading...

Labour must not side with Heathrow staff in pay dispute, says David Lammy

Shadow foreign secretary says party needs to show it is fit for government by seeking negotiated outcomes over strikes

Labour should categorically refuse to back demands from airline workers for a pay rise of about 10% in order to show it is serious about seeking negotiated outcomes to disputes, David Lammy has said.

The shadow foreign secretary said Labour had to act like a party of government and that responsible governments believed in negotiation and compromise.

Continue reading...

‘Very, very modest’: Johnson vs Trudeau on whose private jet is smaller

With the official UK plane in use by Prince Charles, Canada Force One pips prime minister’s stand-in Airbus A321 by 2 metres

If you are a billionaire, it is standard to insist your private jet is the larger. For prime ministers, however, it is seemingly more politically expedient to argue the opposite.

Such was the narrative as Boris Johnson met the Canadian prime minister, Justin Trudeau, for a bilateral meeting on the first day of the G7 conference of major industrialised nations in southern Germany.

Continue reading...

‘Dom Phillips was natural storyteller – for us, he was always Uncle Dom’

Nieces of journalist killed in the Amazon pay tribute to their uncle, who sent frequent and funny emails about life in Brazil

Dom Phillips was a storyteller. Through his career as a journalist, he told the stories of those who were unable to speak out and whose views were overlooked. His second book, How to Save the Amazon, aimed to do exactly this – to speak the story of the Amazon and the Indigenous people within it, and provide solutions to preserve their culture in conjunction with current Brazilian society.

For us, however, he was always Uncle Dom. He has been present in our lives since we were born and was very much involved with our upbringing when we were small children. He remained a positive influence, even when he moved to Brazil in 2007.

Continue reading...

Prince Charles given €3m in cash in bags by Qatari politician, according to report

Money was passed immediately to one of the prince’s charities, says Clarence House

The Prince of Wales accepted bags containing millions of euros in cash during meetings with a senior Qatari politician, according to a report.

Prince Charles was said to have been given a total of €3m (£2.6m) during meetings with Sheikh Hamad bin Jassim bin Jaber al-Thani, the former prime minister of Qatar.

Continue reading...

Double defeat points to unwinding of Conservative Brexit coalition

Defeat for the Tories in two key byelections shows that tactical voting could put safe seats in play if replicated at a general election

Wakefield and Tiverton and Honiton are at opposite ends of the country geographically, socially and politically. But they have two features in common: both voted Leave heavily in 2016, and both turned against the Conservatives last week. Defeats on the same day in a northern “red wall” seat and a southern rural stronghold suggest that, six years on from the EU referendum, the Conservative majority Boris Johnson stitched together with a promise to “get Brexit done” is beginning to unravel.

For both opposition parties, the byelections have a distinctly 1990s flavour, with the return of a pattern from the Major years that has been largely absent in the past decade of Conservative government – voters in both seats seemed determined to eject Tory incumbents and flocked to the local opposition candidate seen as best placed to do so. Tactical coordination among Labour and Liberal Democrats voters is back, and if replicated at a general election, it could put a lot of seemingly safe Conservative seats in play.

Continue reading...

Plea after ‘irreplaceable’ records accidentally sold at Derbyshire car boot sale

Relative mistakenly sold ‘shocked and horrified’ Buxton woman’s inherited vinyls for less than £1 each

A woman has told of her devastation after a relative mistakenly sold her collection of irreplaceable vinyl records for less than £1 each at a car boot sale.

Rohan Mellor, 26, inherited the 16 pieces of vinyl from her late uncle to whom she was very close.

Continue reading...

Greta Thunberg makes surprise appearance at Glastonbury festival

19-year-old activist warns world faces ‘total natural catastrophe’ unless citizens take urgent action

Greta Thunberg has warned that the world faces “total natural catastrophe” unless citizens take urgent action as she made a surprise appearance at Glastonbury festival.

The 19-year-old activist led chants of “climate … justice” after delivering a rousing speech from the Pyramid stage which painted an apocalyptic picture of the future of the planet.

Continue reading...

Campaigners welcome Sharon Stone’s decision to talk about her miscarriages

Actor’s comments described as ‘a gift’ that will help other women

Campaigners have welcomed Sharon Stone’s decision to open up about her nine miscarriages, which they said will help other women.

The actor said it was “no small thing, physically nor emotionally” and that women who miscarry are made to feel a “sense of failure”.

Continue reading...