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Regulator makes ‘unpredecented’ blunder in legal battle over UK lottery
The gambling regulator has accidentally handed over more than 4,000 sensitive documents to lawyers acting for the media tycoon Richard Desmond, in an “unprecedented” blunder during its
legal battle over the £6.4bn national lottery contract
, the Guardian understands.Northern & Shell (N&S), the investment group owned by …
US cedes ground to China with ‘self-inflicted wound’ of USAid shutdown, analysts say
The result of the sudden 90-day suspension of USAid funding – which accounts …
Japan’s PM heads to Washington hoping he can recreate rapport of Trump-Abe era
Donald Trump had yet to get his feet under the Oval Office desk when he held his first meeting with a foreign leader in late 2016.
, then Japan’s prime minister, arrived atTrump Tower
in November that year bearing a gift of a gold-plated …Green campaigners fear UK to renew subsidies to Drax power station
Green campaigners fear ministers are poised to award billions of pounds in fresh subsidies to Drax power station, despite strong concerns that burning trees to produce electricity is bad for the environment.
Drax burns wood to generate about 8% of the UK’s “green” power, and 4% of overall electricity. This …
HSBC considering £15m pay package for new CEO
The new chief executive of HSBC, Georges Elhedery, could scoop a maximum pay package worth more than £15m, as part of a potential deal being put to its biggest shareholders.
The bank’s remuneration committee is testing whether investors are receptive to an overhaul that would slash Elhedery’s salary but boost …
‘Stagflation’ warnings as Bank of England cuts growth forecast and warns of price rises
‘How patronising’: rail bosses face anger over plan to hide train departure times
Rail bosses have been accused of patronising passengers by hiding trains’ departure information minutes before they are due to leave in a bid to tackle last-moment platform dashes.
Under the scheme, which is being trialled at King’s Cross, the final call for long-distance trains will be made four minutes before …
‘Worst nightmare’: Egypt and Jordan put in impossible bind by Trump Gaza plan
International outrage in recent days has focused on Donald Trump’s proposal that the US take “ownership” of Gaza, and that more than two million Palestinians be displaced to allow the territory to be transformed from “a demolition site” into
a “riviera” in the Middle East
.In Jordan …
Thames Water may have less than £500m in usable cash despite £1.5bn in emergency debt, court told
Struggling Thames Water may gain less than £500m in usable cash while taking on £1.5bn in emergency debt because of expensive fees and interest costs, a Londonhigh court has heard.
Thames Water is seeking approval from the court for a restructuring deal with existing creditors that would provide £1.5bn in …
Grim news for Rachel Reeves is good news for the FTSE 100 | Nils Pratley
Never confuse a stock market index with a symbol of national economic health. The truth of that old piece of wisdom was demonstrated on Thursday as the FTSE 100 went on a rip-roaring run – up 104 points, or 1.2%, to a new closing high of 8,727 – while the …