Revealed: thousands who bought ‘golden passports’ through Dominica’s $1bn scheme

Former Afghan spymaster, convicted millionaire and former Libyan colonel among those who became Dominican citizens

The Caribbean state of Dominica has sold citizenship to thousands of individuals including a former Afghan spymaster, a Turkish millionaire convicted of fraud and a former Libyan colonel under Muammar Gaddafi, the first detailed examination of the country’s controversial “golden passports” scheme has found.

The findings are from Dominica: Passports of the Caribbean, an investigation by the Guardian and 14 other international news organisations, in partnership with the Organized Crime and Corruption Reporting Project (OCCRP).

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Luxury rooms and a swim-up bar: hotel with funding from Dominica’s golden passport scheme

Former Afghan spy chief among those to gain citizenship though investment in Caribbean island

Nestled in a valley formed by an extinct volcano on the Caribbean island of Dominica, the InterContinental Cabrits resort has 101 luxurious rooms overlooking an emerald bay. Its website invites guests to “explore and unwind in paradise while discovering the pristine island”.

But waterfront views and a swim-up rum bar are not the hotel’s only attraction: for the wealthy investors who helped fund the project, it was also a route to another nationality.

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Pop group Easy Life forced to change band name amid dispute with easyJet owner

The group have decided not to defend lawsuit due to financial burden, after easyGroup labelled the Leicester-formed band a ‘brand thief’

British pop group Easy Life have been forced to change their name after easyGroup, the parent company of easyJet, filed a lawsuit claiming their name infringed on a trademark.

The band will not defend the high court lawsuit, saying the financial burden of doing so would be too high. They have not announced a new name.

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Undersea pipeline damage appears to be deliberate, says Finland

Media cites intelligence sources saying Russian sabotage suspected after unusual drop in pressure

Extensive damage to an undersea gas pipeline and communications cable connecting Finland and Estonia “could not have occurred by accident” and appears to be the result of a “deliberate … external act”, Finnish authorities have said.

“It is likely that the damage to both the gas pipeline and the communication cable is the result of external activity,” the Finnish president, Sauli Niinistö, said on X, formerly Twitter, on Tuesday, adding that the cause of the damage was not yet clear.

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‘Securonomics’: five key business messages from Labour conference

With company chiefs in attendance and an endorsement from Mark Carney, shadow chancellor sought to demonstrate economic competence

At every turn in Labour’s annual conference in Liverpool, there are signs of big business on manoeuvres. Exhibition stands for Google, Ineos and Specsavers; slick videos for Amazon and Uber, fringe events sponsored by Deliveroo and Goldman Sachs, while even the parliamentary lounge – a retreat for MPs from the throng of 16,000 delegates – was sponsored by Lloyds Banking Group.

Labour was keen to demonstrate economic credibility by basking in the presence of company bosses. For business leaders, it was a chance to check out a potential government in waiting, with many commenting on the marked contrast with the Conservative conference in Manchester.

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Keir Starmer says Labour will tackle obstacles holding back housebuilding as protester interrupts conference speech – as it happened

Labour leader says party has ‘plan to get Britain building again’ after security breach where protester threw glitter on him at start of speech

Labour has published fresh details of how the community policy guarantee (see 9.43am) will work.

On community policing

On Starmer, told that after Reeves’ reassurance over economy, his speech designed to paint a ‘picture of hope’ & it ‘emotive rather than a big policy drop’> the word cloud on what Starmer’s about peppered with don’t know and even ‘nothing’. This his chance to hammer home values

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China’s Country Garden warns it could default on debt

Property developer has about $200bn in liabilities and says its sales are ‘under remarkable pressure’

China’s largest private developer has warned it could default on its international debts, dealing another blow to the country’s embattled property industry.

Country Garden has about $200bn (£163bn) in liabilities and nearly $11bn in dollar-denominated offshore bonds. It has not defaulted so far, but has missed coupon payments on some dollar bonds since last month and faces the end of 30-day grace periods for making payments from next week.

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World’s largest offshore windfarm project starts powering UK grid

First of 277 turbines goes into operation at site that will produce enough energy for 6m homes a year

The first turbine to be completed in a project to build the world’s largest offshore windfarm, in the North Sea, has begun powering British homes and businesses.

Developers confirmed on Monday that Dogger Bank, which sits 70 nautical miles off the coast of Yorkshire, started producing power over the weekend as the first of 277 turbines was connected to the electricity grid.

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Oil price leaps and airline shares fall after Hamas attack on Israel

Investors predict more instability in Middle East, as some flights to Tel Aviv are suspended

Oil and gas prices rose on Monday and airline shares fell amid widespread flight cancellations as markets reacted to the surprise attack on Israel by the militant group Hamas.

Investors appeared to be pricing in the prospect of more instability in the Middle East, given the warning from the Israeli prime minister, Benjamin Netanyahu, that his country was embarking on a “long and difficult war”. The death toll has passed 1,100 since fighting started on Saturday and is rising.

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Rachel Reeves says Labour will get rid of ‘obstacles created by antiquated planning system’ – UK politics live

Shadow chancellor will tell party conference that Labour wants to be the party of building and infrastructure

In normal circumstances, Labour conference would be front-page news, but this week’s event has being overshadowed by the war between Israel and Hamas. Rachel Reeves has been taking questions on this in her morning interviews and she stressed Labour’s support for Israel. In an interview with BBC Radio 4’s Today programme, asked about claims that the “occupation of Palestine” had provoked the attacks by Hamas, Reeves replied:

Gaza is not occupied by Israel.

The real cause of what is happening now is a terrorist attack. If Britain or any other country was attacked by terrorists, we would believe, and rightly so, that we have every right to defend ourselves, to get back hostages and to protect our citizens.

Speeding up the planning for critically important infrastructure by updating all national policy statements – which set out what types of projects the country needs – within the first six months of a Labour government.

Fast-tracking the planning process for priority growth areas of the economy, such as battery factories, laboratories, and 5G infrastructure.

If we want to spur investment, restore economic security, and revive growth. Then we must get Britain building again.

The Tories would have you believe we can’t build anything anymore. In fact, the single biggest obstacle to building infrastructure, to investment and to growth in this country is the Conservative party itself.

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Labor should review decision to block extra Qatar Airways flights to Australia, Senate inquiry says

Committee seeks more time so it can quiz former Qantas boss Alan Joyce about the Albanese government’s Qatar Airways ruling

The Albanese government should immediately review its decision to block Qatar Airways from launching extra flights to Australia, a Senate inquiry has recommended, as it called for a significantly expanded role and powers for the competition and consumer watchdog in the sector.

The Senate select committee on bilateral air service agreements – set up to examine the rejection of Qatar Airways’ request to almost double its flights into Australia’s major airports – has also recommended its own extension to November so the former Qantas CEO Alan Joyce could front members upon his return to Australia, and so other Qantas representatives who provided “unsatisfactory” responses could be re-quizzed by senators.

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UK manufacturers call for ‘major MOT’ of business tax and regulation system

Report says many aspects make companies uncompetitive, as chancellor Jeremy Hunt is urged to make reforms

Britain’s manufacturers are urging the chancellor, Jeremy Hunt, to announce a “major MOT” of the UK’s “uncompetitive” business tax and regulatory system in his autumn statement next month.

Many aspects of the system are “not fit for purpose”, the business group Make UK said in a report published in the middle of the political party conference season, and called for major reform as part of an industrial strategy.

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Waitrose in talks with Amazon over online grocery deal, says report

Supermarket said to be considering third-party deal after share of UK market falls

Waitrose is reportedly in talks with Amazon to sell groceries via the internet marketplace, in an attempt to lure in more shoppers and claw back market share.

The Sunday Telegraph reported that the upmarket supermarket, part of the John Lewis Partnership, and Amazon were discussing a third-party deal, after the world’s biggest online retailer struck a similar agreement with the supermarket Iceland recently.

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Bank of England sounds out buyers for Metro Bank including NatWest

JP Morgan also approached as Metro reportedly tries to thrash out rescue package with investors

The Bank of England’s regulatory arm is understood to have approached a number of big lenders in the past few days, including NatWest and JP Morgan Chase, to see if they had any interest in the embattled high street rival Metro Bank.

JP Morgan Chase examined a potential bid to take over the whole of Metro after speaking to the Prudential Regulation Authority (PRA) but decided on Saturday night not to go ahead with it, a source said.

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IMF clings to a hopeful agenda as crisis follows crisis

At the fund’s annual meeting this week in Morocco, ambitions for climate and debt relief may be overwhelmed by events – again

Last week’s turmoil in the global bond markets will be playing on the minds of finance ministers and central bank governors when they gather in Marrakech this week for the annual meetings of the International Monetary Fund and the World Bank.

After the triple shocks of the Covid pandemic, the war in Ukraine and the surge in inflation, the mood may be less febrile than it was a year ago, but few if any of those travelling to Morocco – which suffered a devastating earthquake last month – would dare say that the crisis era is over. Most will be wondering what might go wrong next.

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Trump request to halt New York fraud trial rejected by appeals court

Trial to resume on Tuesday but court stays judge’s order to immediately break up Trump’s businesses in New York state

Donald Trump’s New York fraud trial will continue next week after an appeals court rejected the former president’s latest bid to halt proceedings.

Lawyers for Trump had argued that the court should wait for an appeal on a pre-trial ruling before moving forward. The trial started on Monday.

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Metro Bank shares rebound amid reports of £600m capital offer

Lender’s stock hit all-time low after news it was exploring selling off up to 40% of mortgage book

Metro Bank shares rebounded from all-time lows on Friday, amid reports that the embattled lender was sitting on a £600m offer from bondholders that could cover its looming funding pressures.

Regulators have been keeping a close eye on developments at the high street lender, which needs fresh investor funding, and is exploring selling off up to 40% of its mortgage book, in order to shore up its balance sheet and ensure it can continue to grow.

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Wetherspoon’s returns to profit for first time since Covid pandemic

Cost of living crisis drives consumers to low-cost pub chain but company remains cautious

JD Wetherspoon has bounced back to profit for the first time since the start of the coronavirus pandemic three years ago, as budget-conscious consumers flocked to the low-cost pub chain amid the cost of living crisis.

Wetherspoon’s, which runs about 830 pubs across the UK and Ireland, reported a pre-tax profit of almost £43m in the year to 30 July.

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Buyer’s market fuels fastest fall in UK house prices in 14 years

High mortgage costs result in sixth straight month of sellers being forced to reduce prices, says Halifax

UK house prices fell at the fastest annual rate in 14 years in September, as high mortgage costs fuelled a sixth consecutive monthly drop in a “buyer’s market”, according to Halifax.

Halifax, Britain’s biggest mortgage lender, said prices fell by 4.7% in September, the biggest year-on-year decrease since 2009.

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‘Choose London’: Sadiq Khan steps up efforts to lure EU citizens post-Brexit

Exclusive: Mayor vows to make capital a better place to live to offset ‘shockwaves’ from EU departure

The mayor of London has urged EU citizens to “choose London” over other European cities, promising to make the UK capital a better place to live and work despite Brexit.

Sadiq Khan told the Guardian he had redoubled his efforts to attract EU citizens since the UK left the bloc, notwithstanding new barriers such as visa requirements.

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