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Keir Starmer says Donald Trump’s threat to impose tariffs on Greenland is ‘completely wrong’

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Keir Starmer says Donald Trump’s threat to impose tariffs on Greenland is ‘completely wrong’

Sir Keir Starmer has lashed out at Donald Trump. The decision will affect Britain and other European countries with a 10 cent tariff If they continue their protest, we will acquire Greenland.

The US president threatens to increase the tariff by 25 per cent from June 1; an agreement has been reached to buy Greenland from Denmark. This applies to Britain, Denmark, Norway, Sweden, France, Germany, the Netherlands, and Finland.

Sir Keir said the government would raise it directly with the Trump administration after the US president warned “world peace” was at risk if the US was not allowed to take control of the semi-autonomous Danish territory.

“It is entirely wrong to impose tariffs on allies for the sake of the collective security of NATO allies,” the prime minister said in a statement. “We will certainly discuss this issue directly with the US administration.”

Sir Keir criticized the move in a statement on Saturday evening (PA Wire)

Sir Keir criticized the move in a statement on Saturday evening (PA Wire)

The UK’s position on Greenland is “very clear,”, he said: “It is part of the Kingdom of Denmark and its future is a matter for Greenlanders and Danes.”

“We’ve also made it clear that Arctic security is a NATO concern and that Allies must work together to counter Russia’s threat in the Arctic.”

Ambassadors from the EU’s 27 nations will convene an emergency meeting on Sunday, with EU Council President Antonio Costa saying the group was “coordinating the response” to the announcement.

Cyprus, which holds the rotating EU presidency for six months, said late Saturday that it had called the meeting. EU diplomats have scheduled the meeting to begin at 5 p.m. local time. local time.

Mr Trump warned about both China and Russia.

In a long-form Truth Social post on Saturday, Mr Trump warned that both China and Russia want to control Greenland, which he says only the US can stop.

“Only the United States under the leadership of President Donald J. Trump can play this game, and that too very successfully!

Hundreds of people have protested against Trump's wishes to take control of Greenland in the region's city of Nuuk (Reuters)

Hundreds of people have protested against Trump’s wishes to take control of Greenland in the region’s city of Nuuk (Reuters)

“No one should touch this sacred piece of land, especially since the national security of the United States and the security of the world at large are at risk.”

He also accused all eight countries of “travelling to Greenland for unknown purposes”.

Earlier this week, Downing Street confirmed that a UK military officer had been sent at Denmark’s request to join a reconnaissance group ahead of planned Arctic Endurance exercises but denied it was a “deployment.”.

“This is a very dangerous situation for the safety, security, and survival of our planet,” declared Mr Trump. These countries, which are engaging in this very dangerous game, have introduced a level of risk that is neither acceptable nor sustainable.

“Therefore, it is imperative that, to protect global peace and security, strong measures are taken so that this potentially dangerous situation ends quickly and without question.”

French President Emmanuel Macron issued his sharpest response yet, declaring that “no threats or intimidation will affect us, neither in Ukraine nor in Greenland.”

Thousands of people took to the streets of Copenhagen on Saturday to protest Trump's threats (Getty)

Thousands of people took to the streets of Copenhagen on Saturday to protest Trump’s threats (Getty)

“Threats of tariffs are unacceptable and have no place in this context,” he said in a post on X.

Officials from Norway, Sweden, France and Germany reiterated support for Denmark on Saturday and said tariffs should n’t be part of the Greenland discussion. Swedish Prime Minister Ulf Christerson posted on Twitter, “We will not allow ourselves to be blackmailed. Only the governments of Denmark and Greenland have the authority to decide on matters concerning their own affairs.

Mr Trump has been interested in Greenland for a long time, initially proposing US control of the territory in 2019. At the time, the idea was rejected and described as “absurd” by Danish Prime Minister Mette Frederiksen.

In his renewed plan for control, he said it was “time for Denmark to give it back”, adding, “China and Russia want Greenland, and there is nothing Denmark can do about it.”

Greenland is located off the northeastern coast of Canada, with more than two-thirds of its area lying within the Arctic Circle. This has been vital to the defence of North America since World War II.

Donald Trump's latest move has been widely criticized (PA)

Donald Trump’s latest move has been widely criticized (PA)

Thousands of people took to the streets of Copenhagen on Saturday to protest Mr Trump’s threats. Protesters were seen marching towards the US Embassy, holding banners with the territory’s red and white flag that read: “Greenland is not for sale” and “No means no.”

Kemi Badenoch and Nigel Farage were among the senior politicians who criticised the move. The Conservative leader wrote on social media: “A terrible idea. President Trump announcing tariffs on the UK over Greenland is entirely wrong. People in both the UK and US will face higher costs.

“These tariffs will be another burden for businesses across our country. Only the people of Greenland should decide on Greenland’s sovereignty.”

The Reform UK leader said, “These tariffs will hurt us,” while Liberal Democrat leader Sir Ed Davey said Mr Trump was “punishing” the UK.

Charlotte Nicholls, Labour MP for Warrington North, said: “Self-determination is a fundamental right for the people of Greenland, and this is a grotesque and dangerous move by the President against US allies at a time when we should be united.”



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Newspaper headlines: ‘Spy generic’ and ‘Badenoch: Britain is not broken’

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Newspaper headlines: ‘Spy generic’ and ‘Badenoch: Britain is not broken’
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The i paper’s headline dubbed former Conservative shadow minister Robert Jenrick “Spy Jenrick” with a story suggesting he would take “Tory secrets to Farage”. However, his defection to Reform UK and Eye’s prediction of a “plum job” will trigger a “new power struggle” within Reform, according to the article.
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“Britain is not broken,” writes Conservative leader Kemi Badenoch in a Telegraph editorial. The “rebuke” following Jenrick’s defection marked “the dividing line between conservative and reform”, arguing that the country’s “best days are yet to come”. A poll conducted by the newspaper following the 10 cancelled council elections showed that “Labour would face disaster” if they went ahead.
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Given Badenoch’s words in the Telegraph, it seems a little odd to see him and Jenrick featured on either side of the Daily Express headline: “We’ll fix broken Britain… but not together.” The newspaper promises an exclusive on what the pair “have to say about their political split” on its inside pages.
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John Healey, the Defence Secretary, said “Britain cannot be trusted over Farage,” leading the Daily Mirror. His comments come after Farage said he would not vote for a peacekeeping force in Ukraine.
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But the Times says Labour has its own internal problems, with its leadership revealing that Prime Minister Sir Keir Starmer is “under pressure to get rid of Streeting.” Three cabinet ministers have “lashed out after the ‘toxic’ controversy”, personally accusing Health Secretary Wes Streeting of putting his leadership ambitions ahead of the party.
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A hospital has “violated the dignity” of a group of female nurses who complained about a transgender woman using their changing room, the Daily Mail has heard in an employment tribunal ruling. Nurses have now urged ministers to “protect all women” and stop “digging their heels” in national guidance on same-sex venues.
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“Withdraw my Greenland plan or face tariffs,” headlines the Guardian after US President Donald Trump said he could impose tariffs on countries that “don’t get on board” with his plan. The story is paired with a nod to an insider feature on “The Rise of J.D. Vance”.


Understanding the Importance of Headlines.


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The Daily Star led with a photo of Trump holding this year’s Nobel Peace Prize, which was gifted to him by Venezuelan winner Marina Machado. The newspaper calls it the “Ig Nobel Peace Prize” and writes, “It’s not yours… put it down.”
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The Financial Times leads with the EU’s “proposal to break membership rules,” as it “eyes two-tier accession for Kyiv.” The model could fast-track Ukraine’s entry into the bloc if a peace agreement followed Russia’s invasion, it writes. Also on the front of the FT is domestic news headlined “Young doctors’ strikes slash NHS waiting lists as consultants move in.”
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Following the retirement of the West Midlands Police chief over his decision to ban Israeli fans from a match against Aston Villa, the Independent asked, “Why didn’t they sack him?” Craig Guildford faced “major criticism” and “lost the confidence of the Home Secretary” after providing false evidence to MPs over that report, leading to a ban.
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England footballer Marcus Rashford was “tricked” into being photographed with Jimmy Mizzen’s killer, The Sun writes. Now Jake Fahri has been banned from going to open prison and the newspaper says it’s because he “lied to the probation panel”.

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How the White House is Shaping Gaza’s Future

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How the White House is Shaping Gaza’s Future

The White House released the names of some leaders who will play a role in its supervision. Next steps in Gaza: the first meeting of the Palestinian committee set up to rule the territory under US supervision was held in Cairo on Friday.

The committee’s leader, Ali Shaath, an engineer and former Palestinian Authority official from Gaza, promised to work quickly to improve conditions. They expect reconstruction and recovery to take about three years and plan to focus first on immediate needs, including shelter.

“The Palestinian people were waiting for this committee’s establishment and its work to save them,” Shaath said in a televised interview with Egypt’s state-owned Al-Qahera News after the meeting.

Under President Trump’s plan, Shaath’s technical committee will manage day-to-day affairs in Gaza, supervised by a “peace board” led by Trump, whose members have not yet been named.

The White House said an executive board would work to carry out the peace board’s vision.

Executive board members announced Friday include Secretary of State Marco Rubio, White House special envoy Steve Witkoff, Trump’s son-in-law, Jared Kushner, former British Prime Minister Tony Blair, Apollo Global Management CEO Mark Rowan, World Bank President Ajay Banga, and Mr. Trump’s deputy national security adviser, Robert Gabriel.

Nikolay Mladenov, a former Bulgarian politician and UN Middle East envoy, is to serve as the representative on the executive board responsible for daily operations.

Mr Trump supports the group’s efforts to rule Gaza after a two-year war between Israel and Hamas. Israeli troops withdraw from parts of Gaza after the armistice. It took effect on October 10, while thousands of displaced Palestinians have returned to their remaining homes.

Kushner and Witkoff were the chief negotiators, helping Israel and the terrorist organisation Hamas reach a ceasefire agreement that was based on the White House’s 20-point blueprint. in an interview Appearing on “60 Minutes” in October, Kushner said that the success or failure of the peace plan would depend on whether Israel and the international partners involved could create a “viable alternative” to Hamas’ violent tactics.

“If Israel and its international partners succeed, Hamas will fail, and Gaza will no longer pose a threat to Israel in the future,” Kushner told “60 Minutes.”

Earlier this week, Witkoff announced the US was moving forward with what the White House called phase two of the Gaza peace plan. In a post from X, Witkoff said this included Hamas returning the remains of the last dead hostage still in Gaza.

“Failure to do so would have serious consequences,” Witkoff wrote.

Now, there will be major challenges ahead, including the deployment of an international security force to monitor the ceasefire agreement and the difficult process of disarming Hamas.

The White House’s role in Gaza’s reconstruction is significant.

The White House also announced the members of another board, the “Gaza Executive Board”, which will work with Mladenov, the Technical Committee, and the International Stabilisation Force.

Witkowski, Kushner, Blair, Rowan, and Mladenov will also sit on the board. Additional members include Turkish Foreign Minister Hakan Fidan; Qatari diplomat Ali al-Thawadi; Hassan Rashad, director of Egypt’s General Intelligence Agency; Emirati minister Reem al-Hashimi; Israeli businessman Yakir Gabay and former Deputy Prime Minister of the Netherlands and Middle East expert Sigrid Kaag.

The White House is playing a proactive role in shaping Gaza’s future by establishing the Gaza Executive Board, which will collaborate with various international leaders and organisations. This board is tasked with overseeing the implementation of the ceasefire and the complex disarmament of Hamas. Key figures on the board include prominent diplomats and experts from Turkey, Qatar, Egypt, UAE, Israel, and the Netherlands, reflecting a diverse coalition aimed at stabilising the region. As these efforts unfold, the White House’s influence will be critical in dealing with the problems that lie ahead.

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Live Score: India vs Bangladesh U19

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Live Score: India vs Bangladesh U19



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India vs. Bangladesh: Live Score, U-19 World Cup 2026: Building on their confident start, a well-balanced India will start as firm favourites when they take on tricky Bangladesh in their second match of the ICC U-19 World Cup here on Saturday.

The live score of the U19 match between India and Bangladesh is currently being updated. Both teams are fielding strong lineups, with India featuring players such as Dipesh, Mohammad Enan, and Aaron George, among others. Bangladesh, led by captain Azizul Hakim Tamim, includes key players like Jawad Abrar and Samiun Basir Ratul. The competitive spirit of this match highlights the talent and potential of young cricketers from both nations

Five-time champions India began their campaign on the expected lines, cruising to a six-wicket victory over the United States after bowling them out for 107 in a rain-interrupted encounter.

Right-arm pacer Henil Patel took an outstanding 5/16 in seven overs, effectively chipping away at the rest of the bowling unit.

India’s star-studded batting line-up will be keen for a long spell in the middle against Bangladesh, who are expected to give a tougher test than the USA.

The Ayush Mather-led side will once again rely on the opening pair of Mahatre and 14-year-old Vaibhav Suryavansi.

Vice-captain Bihan Malhotra, all-rounders Aaron George and Vedanta Trivedi, along with wicketkeeper Abhijan Kundu, will provide solidity throughout the batting order.

The pace attack consists of D Dipesh, RS Ambarish, Henil Patel, Kishan Kumar Singh, and Udhav Mohan; Kanishk Chauhan, Khilan Patel, and Mohammad Enan will handle the spinning duties.

Champions in five of the 16 editions of the tournament, India remain the most successful team in the competition’s history, which began in 1988 when Australia won the inaugural title.

A great run over the past year, including series wins in England, Australia, and South Africa, has boosted their confidence. India has secured their 14th victory in their last 17 matches against the USA.

Veteran captain Azizul Hakeem leads Bangladesh, and his leadership will be crucial as the team navigates the tournament across Zimbabwe and Namibia.

Hakeem and his deputy, Jawad Abrar, who have amassed over 1,000 youth ODI runs since the 2024 edition, will lead the batting. Kalam Siddiqui, who amassed 857 runs during the same period, added more firepower.

Bangladesh also has a strong bowling attack, with pacers Iqbal Hossain and Al Fahad likely to enjoy the pace-friendly conditions in Zimbabwe.

The duo are the highest wicket-takers since the last U-19 World Cup, claiming 45 and 43 wickets, respectively, while left-arm spinner Samoun Basir also impressed with 29 wickets at an economy rate of under four.

Team (from):

India:

AYUSH Mathre (C), RS Ambarish, Kanishk Chauhan, D. Dipesh, Mohammad Enan, Aaron George, Abhiyan Kundu, Kishan Kumar Singh, Bihan Malhotra, Udhav Mohan, Henil Patel, Khilan A.

Patel, Harvansh Singh, Vaibhav Suryavanshi, and Vedanta Trivedi are also part of the team.

Bangladesh:

Azizul Hakim Tamim (captain), Jawad Abrar, Samiun Basir Ratul, Sheikh Parvez Jiban, Rizan Hossain, Shaharia Al Amin, Shadin Islam, Md Abdullah, Farid Hasan Faisal, Kalam Siddiqui Allen, Rifat Baig,

Saad Islam Rajin, Al Fahad, Shahriar Iqbal, and Shahriar Ahmed. Reserve: Abdur Rahim, Debashis Sarkar Dewa, Rafi Uzzaman Rafi, Farhan Shahriar, Farzan Ahmed Alif, Sanjid Mazumder, Md Sabuj.



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Mother Sues TikTok After Son’s Death

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Mother Sues TikTok After Son’s Death

A mother, who is among a group of British parents suing TikTok following the deaths of five children, described the US hearing as “extremely painful.”

Ellen Roome, 49, from Gloucestershire, is campaigning after her 14-year-old son Jules Sweeney died at home in Cheltenham in 2022.

She had gone to Delaware to attend the hearing of the case filed by the Social Media Victims Law Center against TikTok and its parent company, ByteDance.

British parents take TikTok to court

The case alleges that Jules, Isaac Kenaven (13), Archie Battersby (12), Noah Gibson (11), and Maia Walsh (13) died. They died while attempting an online challenge.

Bereaved parents believe their children watched the challenge on TikTok – although they have no proof. TikTok says the data related to what their children were watching has likely been removed under data privacy rules.

Parents are suing TikTok in the US.

Parents are suing TikTok in the US for wrongful death, a process that could let them know what happened to their children if that data can be recovered.

Ms Roome wrote on Facebook, “Today we had our TikTok hearing.

“We now have to wait for the judge to decide whether the case is dismissed or whether we are allowed to proceed to the discovery phase.

“It was incredibly difficult to sit through the hearing. The language was cold, technical and legalistic. For the court, it’s about motions and procedures. For us, it’s about our children. Our dead children.”

She added, “Listening to lawyers arguing abstract points while the reality of our loss sat quietly behind every word was deeply painful. This is our lived experience, our grief and our determination to uncover the truth and protect other children.

“No matter the outcome, we showed up. We spoke up for our kids. And we will keep moving forward. Thank you to everyone who continues to support us.”

Photo: Alain Roome
image:
Photo: Alain Roome

Ms Roome sold her finance business, which she had run for 18 years, to campaign for Jules’ Law, which gives parents the right to access their deceased child’s data without a court order.

She is also pushing for sweeping changes to social media to improve the safety of children online.

Speaking previously about internet safety, he said, “It’s not about banning the internet. It’s about preventing addiction to platforms by design, harming children, and, at worst, avoiding responsibility.

“Children deserve protection. Parents deserve answers. And tech companies need to be held accountable.”

“We’re here to ensure that other kids are safe.”

Since her son’s death, Ms Room has been trying to obtain data from TikTok and ByteDance that she believes could provide explanations about what happened.

TikTok whistleblowers highlight security concerns

All five parents believe their children died while attempting a dangerous stunt called the Blackout Challenge.

For almost decades, it has been banned on mainstream social media apps, including TikTok.

TikTok has applied to dismiss the case, saying UK residents are suing US entities that do not operate or provide the social media firm’s services in the UK.

It states that established US law, such as the First Amendment, prevents liability for third-party content on TikTok.

A TikTok spokesperson said, “Our deepest sympathies go out to these families. We strictly prohibit content that promotes or encourages dangerous behaviour.”

“We remove 99% of users who break these rules before they are even reported to us by using robust detection systems and dedicated enforcement teams to proactively identify and remove this content.”

“As a company, we comply with the UK’s strict data protection laws.”



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EU and Mercosur block sign major trade deal, rejecting ‘tariffs’ and ‘isolation’

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EU and Mercosur block sign major trade deal, rejecting ‘tariffs’ and ‘isolation’
EU and Mercosur block sign major trade deal, rejecting 'tariffs' and 'isolation'

Asuncion: South American and European Union officials signed a major trade deal on Saturday, which they welcomed as a powerful message at a time of tariff threats, global uncertainty and protectionism.

The agreement between the 27-nation European Union and Mercosur ‘s members Brazil, Argentina, Uruguay and Paraguay creates one of the world’s largest free trade areas after 25 years of difficult negotiations.

It was given a new impetus amid the widespread use of tariffs and trade threats by the administration of US President Donald Trump, which has prompted countries to scramble for new partnerships.

Trump on Saturday threatened to impose tariffs of up to 25 per cent on several European countries unless he regains control of the Danish territory Greenland.

We choose fair trade instead of tariffs; we choose productive long-term partnerships instead of isolation.”

EU chief Ursula von der Leyen said at the signing ceremony in Asuncion, Paraguay. Paraguayan President Santiago Peña also praised the treaty as “a clear signal in favour of international trade” in “a tension-filled global landscape.”

The European Council head, Antonio Costa, said the deal was contrary to “the use of trade as a geopolitical weapon.”

And Brazilian Foreign Minister Mauro Vieira said the deal was “a major challenge for a world plagued by unpredictability, protectionism, and coercion.”

Brazilian President Luiz Inácio Lula da Silva – the key architect of the agreement – ​​could not attend the ceremony due to scheduling conflicts and met von der Leyen in Rio de Janeiro on Friday.

where he praised it as a victory for multilateralism. In Paraguay, leaders said the treaty would bring jobs, prosperity and opportunities to people on both sides of the Atlantic.

The EU and Mercosur account for 30 per cent of global GDP.

‘It’s not fair.’ Together, the EU and Mercosur account for 30 per cent of global GDP and more than 700 million consumers.

The treaty eliminates tariffs on more than 90 percent of bilateral trade, but it still needs approval from the EU Parliament and ratification by each Mercosur nation.

It is expected to be implemented by the end of 2026. The deal will boost European exports of cars, wine and cheese.

while making it easier for South American beef, poultry, sugar, rice, honey and soy to enter Europe.

This has angered European farmers, who have turned tractors around in cities such as Paris, Brussels and Warsaw, fearing an influx of cheap goods produced with low standards and banned pesticides.

“We have good quality Irish beef and good standards, and in South American countries, they don’t have the same standards.”

aid farmer Trisha Chatterton, 50, at a protest in Ireland earlier this month. “

This is not fair,” said Louis, a 24-year-old cattle farmer from Belgium who took part in the December protests, which turned ugly as protesters set fire to piles of tyres and threw potatoes at police.

Major power Germany, as well as Spain and the Nordic countries, strongly supports the deal, eager to boost exports as Europe grapples with Chinese competition and a tariff-happy administration in the White House.

Even in South America, some people are cautious about the treaty’s impact.

Trade and investment researcher Luciana Ghiotto told AFP that Argentina estimates the demise of the local automotive industry could lead to the loss of 200,000 jobs.

To address these concerns, the European Commission announced a crisis fund and safeguard measures that would allow for the suspension of preferential tariffs in the event of a harmful increase in imports.

However, Argentina’s libertarian President Javier Milei warned against quotas and protections, which would “significantly reduce the economic impact of the agreement and go against

its essential purpose.” According to EU estimates, European exports to Mercosur are expected to increase by 39 percent.

while Mercosur exports to the EU may increase by 17 per cent. By 2040, the agreement is projected to boost EU GDP by 77.6 billion euros and Mercosur GDP by 9.4 billion euros.



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A measure that can tell us a lot about the state of the UK economy

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A measure that can tell us a lot about the state of the UK economy

ywAAAAAAQABAAACAUwAOw==Reuters People walk with shopping bags on Oxford Street during the Boxing Day sales in London.reuters

Shoppers on Oxford Street during Boxing Day sales

The new year signifies a fresh start.

The latest monthly figures on the economy do not confirm a gear change and also do not support the worst doomsayers claiming decline and recession. While the outlook is neither dire nor optimistic, the start of a new year presents a chance for a fresh approach to policy, a renewed sense of assurance, and most importantly, a renewed enthusiasm for the economy.

explain a lot about both states.

There is a chart that can explain a lot about both the state and prospects of the UK economy. And it could also tell a lot about Britain’s political direction.

The subject is consumer confidence. These are long-running surveys that essentially put the country in a state of economic psychiatry. How do you feel about the economy’s prospects? Are you likely to purchase a large appliance? How is your personal financial situation?

The questions asked consistently for five decades have a solid data source—it’s the measurement now called the GfK Consumer Confidence Barometer.

I’ve been reporting on this metric for half the time of its existence. It’s an imperfect science but the basic idea of ​​arriving at a pure confidence number is to subtract the optimism score from the pessimism score.

The patterns were then interesting and consistent. It was important for a prophet to convey this to those in power. “This economy is stupid,” remember.

But has there been any significant change in the water? This chart is quite extraordinary and a version of it has been circulated at the top of the government.

A brief description is in order.

This chart breaks down the headline net confidence numbers by age group.

By and large they moved together; they were “correlated”.

Young people’s starting point is usually sunnier, but as they age, this becomes less so – no big surprise – and people of all ages react to events similarly.

Over the last decade, you’ve seen a correlated decline in consumer confidence across all age groups in response to the post-Brexit voting era and the impact of the pandemic.

We clearly see the impact of the Russia-Ukraine war and the extraordinary rise in energy prices.

An intriguing point is how disastrous the Liz Truss mini-budget in 2022 was for all age groups. This led to a 45-day decline in confidence in both government and economic prospects.

And all those lines will continue to run together until 2024.

But what will happen at the end of 2024? Deviation. big time.

Consumer confidence among those under 50 has soared, and confidence among those under 30 has reached the highest level not seen since Brexit.

But look at the two red lines below. The confidence of consumers over 50 and over 60 is falling towards Truss-era levels.

How can it be that people over 50, and especially pensioners, are going through another decline in economic confidence, and yet the young adult population is far more positive?

Well, the dotted line is the 2024 general elections. And while correlation does not imply causation, this age-related break does occur.

Votes are affecting the vibe.

A possible explanation of political economy is this – the flow of causality from the economic sense to the political sense has been reversed.

Where how you felt about your finances affected how you voted, now how you voted affects how you feel about your finances and the country’s economic outlook.

Young people on the liberal left, by and large, are now happier after enduring a series of crises so far this decade and with a government they largely voted for in 2024.

The elderly, who predominantly voted Conservative and Reform, are unhappy and disaffected. He believes that the country has deteriorated even further than usual.

One possible factor is the tone set by social media and the emotional doom-scrolling and anger magnets embedded in their algorithms. Is this demographic seeing a Mad Max-style dystopia presented on their social media feeds and responding with this negative attitude?

There is also some evidence demonstrating political influence on the sense of economic confidence of respondents to a consumer sentiment survey in the US. In the transition between the Donald Trump and Joe Biden administrations in late 2020, Democrat respondents’ economic confidence rose from 67 to 96, while Republicans’ fell from 100 to 59.

The Biden administration then lamented what staffers called “vibesation”—a subsequent feeling of economic malaise not actually reflected in good economic numbers.

evaluate double-edged sword

This encompasses other economic factors.

This surge in the confidence of the youth came at a time when the Bank of England started cutting interest rates. Rate cuts are good for young home seekers and job seekers but bad for older savers.

Even if this picture is correct, it will have significant economic consequences.

This may help explain the UK’s high and near double-digit savings rate. This looks like a pandemic-style deviation. Old Britain is sitting on its savings, depressed about the country and the economy, refusing to spend its money and shrinking GDP, even though wage growth for workers remains on average higher than the rate of inflation.

The findings from this chart also reflect well in the early financial results we receive from businesses.

Many retail results beat the disappointment. Some of the owners who complain most about the National Insurance increase are the ones basically reporting healthy sales and profits after paying tax.

Pub chain Mitchells & Butlers “traded very strongly over the festive season, with a like-for-like growth of 7.7%.” Fullers had “an excellent five-week Christmas and New Year’s season across all parts of the property,” up 8% on an already strong festive period last year.

Obviously challenges remain in the level of price growth. But a conscious effort by the government to limit regulated price increases for rail and water is keeping inflation below the 2% target.

There will be more rate cuts gradually, and previous cuts will also impact the domestic sector.

The government may initiate a mortgage price war to boost the housing market following months of budget uncertainty.

The government hopes to put an end to the tumultuous year of 2025 by encouraging a surge in investment through recent announcements regarding Heathrow and a new northern train line.

So there is a platform for averting destruction. Could the politically charged perceptions of economic confidence put a halt to all that?

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Rolls-Royce ‘Turbo Hurricane’ gets multimillion-pound annual pay raise, money news

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Rolls-Royce ‘Turbo Hurricane’ gets multimillion-pound annual pay raise, money news



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Rolls-Royce Holdings will give its chief executive a multimillion-pound annual pay rise, even though he is close to one of Britain’s most lucrative public company payouts ever after overseeing the industrial manufacturing group’s spectacular revival.

The board of Rolls-Royce has consulted with major shareholders over an overhaul of its remuneration policy, Sky News has learnt.

The proposals, which have been backed by top investors, would see Tufan Erginbilgic’s annual bonus entitlement increase by two times to three times his base salary of around £1.2m.

The revised plan will see their long-term incentive award double from a maximum of 375% of salary to 750% – making it one of the richest award programmes offered by an FTSE-100 company.

Under the plans, Mr. Erginbilgic’s total package, including salary, annual bonus, and LTIP award, will increase to a maximum of more than £13 million.

Mr Erginbilgic, who joins Rolls-Royce in early 2023, has led a stellar recovery for the company, which was struggling for survival after the COVID pandemic brought global aviation to a near halt.

He described the company, which supplies engines to the world’s leading airlines and is playing a key role in the development of small modular reactors as a source of new nuclear energy, as “a burning platform” and said it had been poorly managed.

City sources said this weekend that the recent announcement of a leadership change at BP, where Mr Erginbilgic worked, had highlighted to the Rolls-Royce board the risks of losing him to another blue-chip corporate job.

However, paradoxically, Mr Erginbilgic is likely to earn much less under the new salary policy than under the existing salary policy.

This is a function of the scale of the stock awards he was given when he joined Rolls-Royce while its share price was in a recession.

He was given 8.3 million shares – worth £7.5 million at the time and now worth around £107 million.

Last year, Mr Erginbilgic earned £4.1 million, while the previous year’s figure of £13.6 million was boosted by a lump sum award of £7.5 million to compensate for money he forfeited after leaving his previous employer, investment firm Global Infrastructure Partners.

A Rolls-Royce spokesperson said, “The step-change in Rolls-Royce’s performance, combined with the competitive pressure in the external environment for world-class talent, requires a review of our remuneration policy.

The Remuneration Committee is undertaking this review with the full support of the Rolls-Royce Board.

“This is a proactive measure initiated by the Remuneration Committee with the full support of the Rolls-Royce Board.

“We plan to submit a revised remuneration policy for shareholder approval at the 2026 AGM.”

Rolls-Royce’s valuation has increased more than 12-fold since Mr Erginbilgic took charge, with shares standing at just 93.2p the day before he joined the company.

On Friday, the stock closed at 1285.5p, giving Britain’s proudest industrial name a market capitalisation of £108bn.

The scale of its transformation will be underlined in its annual results next month, when it has guided analysts to expect an operating profit of between £3.1bn and £3.2bn and free cash flow of more than £3bn.

Rolls-Royce’s annual report in March will provide full details of the new remuneration policy.

However, the company is understood to have viewed the proposals prepared by Lord Gadhia, the Conservative peer who chairs Rolls-Royce’s remuneration committee, with the broad support of its major shareholders.

“As a top ten shareholder of Rolls-Royce, we are supportive of the change in remuneration policy,” said Stephen Eness, head of global equities at Invesco.

“We struggle to think of more successful corporate transformations and the resulting value creation.

Our ultimate investors, the shareholders, have greatly profited from this value creation, and we believe that management deserves recognition for it.

“We have seen many examples of excessive pay for poor performance; this is just the opposite.”

This weekend, Rolls-Royce declined to comment on the details of its new remuneration policy.



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In search of the largest shark ever caught, named ‘Claimant’, the tracker reveals the secrets of the ‘fin meth’ mafia and the shark itself.

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In search of the largest shark ever caught, named ‘Claimant’, the tracker reveals the secrets of the ‘fin meth’ mafia and the shark itself.

The largest great white shark ever recorded in the Atlantic has returned to the shores of Florida to serve up “love bites” with a belly full of seals.

Chris Fisher, founder of the research group OCEARCH, has been tracking “Contender” since capturing the 14-foot, 1,652-pound behemoth exactly one year ago on Jan. 17, 2025.

Contender is the largest male white shark ever caught in the Atlantic Credit: Instagram/@OCEARCH
He has traveled to the remote Gulf of St. Lawrence, one of the farthest northern pinnacles Credit: OCEARCH

Fisher hopes that by tracking these apex predators, he will unlock all the secrets of the ocean so that “your great-grandchildren can eat fish sandwiches”.

The adventurer has had quite an exciting journey since he started tagging poachers in 2012, even with ties to Hong Kong’s “shark fin Mafia.”.

During an Africa campaign in 2014, OCEARCH inadvertently exposed a criminal poaching operation.

Fisher said, “We tagged over three dozen white sharks there. We were able to see that the shark fin mafia was poaching the sharks.

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“White sharks were disappearing in South Africa.

“next As you know, our great white sharks begin their migration east to Mozambique.

“And then one of them is killed and the tag is thrown on the ground in a village.”

More surprisingly, a team scientist discovered that the poaching scheme went beyond the shores of Africa when he was sent to retrieve the tags.

“They said the finning mafia was giving them gear and boats to be able to catch these big sharks.”

“So they killed the shark, brought it in, ate it and sent the fins to Hong Kong.

The most disturbing part was that they said they don’t get paid for the fins, but they get raw crystal meth material.

“They said, ‘We sell it to our community, and that’s how we monetize the Finns.'”

Fisher has to work not only against evil shark hunters but also to “undo what Jaws did” to people’s perceptions of the animals.

He believes that the shark research community has finally got Steven Spielberg back by helping younger generations understand the value of sharks through science.

“People over the age of 50 were influenced by Jaws. However, for today’s youth, Jaws no longer feels like a genuine film.”

Fisher explains that before this research began, the lack of data had created fear among people.

Before our work, shark incidents were the only stories because there was no data.

“And then you would just have one story and it would be about one incident. There were no additional stories until the next incident occurred.

OCEARCH has caught and tagged 100 marine animals Credit: OCEARCH
Chris Fischer launched the nonprofit group in 2012 Credit: OCEARCH
OCEARCH has a live tracker on its website where you can follow a range of marine life Credit: OCEARCH

“Now, stories about these sharks go around the world all the time.

“We are basically floating all the time, everywhere, and 99% of the time nothing happens to these animals.”

But white sharks have a fear factor that helps control ocean populations.

“They’re system managers. Fischer explained that white sharks are apex predators, similar to lions and wolves.

“They keep the system thriving and they take it to maximum abundance just by their presence.….

“If the white sharks aren’t there, all those seals eat four times more than they should every day and they destroy our fisheries.

“Where the lion is moving, there is game in abundance. If the lion is not moving, you have a problem with the system.”

For Fisher, Contender’s return to Florida is an opportunity to open up shark research wider.

As a fully mature male of approximately 30 years of age, it is hoped that the claimant will help achieve OCEARCH’s mission of uncovering the world’s first known mating site.

Their migration maps show that mature male white sharks follow a simple annual rhythm.

Fisher describes sharks like Breton as ‘systems managers’ Credit: SWNS
Scientific understanding of animals will help reduce fear Credit: OCEARCH

In the summer and autumn, the fearsome predators head north and feed on the seals, gaining weight so they can survive the coming months.

In the winter, they move south to warmer waters, where researchers believe mating takes place out of sight of humans.

Fisher explained: “Mating is violent. The male has to bite the female to gain control. It’s a high-risk activity.”

Once mating is successful, Fisher and his researchers believe that larger females move away from the coast to conceive in relative safety while avoiding the attention of males.

“They just want to eat food, be left alone and live a low-risk lifestyle.

“Next May or June, they will travel to their ‘shark nursery’ – New York and Jersey Bite – to abandon their puppies.

Tracking mature animals like Contender allows researchers to watch this process in real time, which was impossible a decade ago.

Capturing and tagging a shark of Contender’s size is a carefully choreographed operation.

Elite fishermen then trap the animal and transport it safely to the research vessel, keeping stress to a minimum.

All sharks are caught while causing as little stress as possible to the animals. Credit: OCEARCH
OCEARCH uses specialized fishermen to transport sharks Credit: OCEARCH

Fisher said, “The idea is to get these animals to the scientist with as low a stress level as possible. Zero stress is perfection.”

The shark is lifted into a custom cradle while scientists race through more than two dozen research studies.

This is where the team uses “learnt helplessness”.

Fisher describes it as “like a baby does when you swaddle him and then he gives up and stops crying. It’s learnt helplessness.”

“It’s the same thing with sharks. So if they believe they can get away, they’ll continue to try.

“But if they believe they can’t, they’ll give up. So what we do is like teaching a dog how to heel.”

Blood samples are taken, measurements are recorded and tags are secured within 15 minutes before the shark is released back into the ocean unharmed.

Fischer knew right away that the claimant was “extraordinary.”

He said, “When you find a shark like this, you go ‘wow’, this is a particularly unique shark.

A team of scientists works quickly to measure and tag the animal Credit: OSarch/Chris Ross
They finish all their work in just 15 minutes before releasing it Credit: OCEARCH

“We knew immediately that Contender was special, but getting to this point required massive investment and years of pioneering work.

“It cost us two and a half million dollars to tag the first five animals in 2012.

“However, after tracking those five animals for a few years, we used the next two and a half million dollars to tag 27 more.”

Fisher also emphasises the importance of humans monitoring these sharks to ensure food security.

When the powerful whites patrol the colonies to seal them off, they exercise control over the population.

Without them, seals eat more fish than the ecosystem can carry, causing young fish in the ocean to die out before they reach maturity.

“They are the protectors of our fish,” Fisher explained.

Their mere presence alters behaviour in the food chain, allowing reefs, fisheries and coastal ecosystems to recover and thrive.

This management approach has led to a major ecological change in the United States.

“Now in the United States, we are in the midst of a spectacular return to abundance.”

Many boats are engaged in catching sharks Credit: Robert Snow 2018
It cost $2.5 million to catch and tag the first five sharks Credit: OCEARCH

“There are more fish and life on our East and West Coasts now than there have been in the last 50 years,” Fisher says.

He attributes this to aggressive management and science-driven policy.

“Fortunately in the United States, we had a major turning point in 1994… wherein the state of Florida, the public voted for a constitutional amendment to ban inshore gillnets.

“And here we are, 30 years later. And now every species of fish in Florida is out of the overfished category. Not a single one.”

That’s why Fisher believes shark conservation is an absolute environmental necessity.

He said, “If you can’t manage apex predators, you can’t manage the system. And if you can’t manage the system, you can’t feed your people.”

looking towards the future He hopes to export this success to the rest of the world.

“We now have a playbook. We know how to bring the ocean back. Any country in the world that wants to manage its ocean can now use our playbook to do so.

“It took years of science and trying different policies. And now we have a playbook that we know works.

“We want to share it around the world.”

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The issue with store-bought honey and what to look for on the label: financial news

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The issue with store-bought honey and what to look for on the label: financial news

Whether used as a natural sweetener in cooking, as a home remedy for sore throats or simply for dipping your pancakes in, honey is a staple item in cupboards across the country.

But what’s the best part? What do you look for on a label? And can you find excellent honey in the supermarket?

Read all the latest money news

In the first part of our new monthly series on buying products like a pro, we’ve got answers from top experts.

The issue at hand pertains to supermarket honey.

David Wagstaff, a commercial beekeeper and founder of More Bees Please, told Money Blog that the primary issues with supermarket honey were adulteration, a lack of transparency, and heavy processing.

A large portion of cheap supermarket honey is blended from imports, he said, often vaguely labelled as “a mixture of EU and non-EU honey”.

“Several tests indicate that such honey may be diluted with cheap sugar syrup (such as corn or rice syrup) or misrepresented as pure honey,” he said.

Industrial honey is often pasteurised and filtered for clarity and longer shelf life, Wagstaffe said. This process can remove the pollen, enzymes, and antioxidants present in raw, unprocessed honey.

Could a £3 supermarket product labelled as honey not actually be proper honey?

“Yes, that could happen,” Wagstaffe said.

“A £3 supermarket jar labelled ‘honey’ is legally allowed to be sold, but it is often very different from what most people imagine as real, natural honey.

“A £3 jar is typically priced that way because it is mass-produced, globally sourced and processed for sustainability – not because it is raw, local, or single-sourced.”

Photo: iStock
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Photo: iStock

What should you look for on the label?

Dr Gino Jabbar, president of the Honey Guild of the United Kingdom, told Money Blog that consumers should always start by looking at the country of origin.

“Check whether it is from the same country or a mix of multiple regions,” he said.

Single-origin honey is generally more expensive than blends from multiple regions but is less likely to be adulterated.

“Look at the manufacturer’s description and any information on fragrance and beekeeping style, and make an informed choice,” says Dr Jabbar.

“Although a high price does not guarantee that the honey is genuine, the higher the price, the less likely the product is to be affected by global honey fraud.”

Is anything changing?

Honey is expensive to produce, its supply is limited and the price is low, meaning retail shelves are filled with cheaper alternatives.

Dr Jabbar says the British public is “completely ignorant” of these facts and the “wonderful taste and variety” of real honey, meaning high-quality alternatives may never reach shelves.

“A lack of honey education and honey culture in the UK remains the main reason for the high demand for low-cost honey. Unless customers demand the right to pay a higher price for honey, retailers will not risk stocking high-quality honey varieties, fearing it will not sell.”

Experts Say: Buy Local

“100% yes,” says David Wagstaffe, a commercial beekeeper and founder of More Bees Please, in an interview with Money.

“When you buy from a beekeeper or a local shop, you can often find out where the honey came from – right down to the location of the hive and the floral source.

“Independent tests have shown that honey from dedicated beekeepers is more likely to be genuine than many supermarket products.

“Buying local supports sustainable, bee-friendly practices and helps maintain healthy colonies in your area, which benefits widespread plant pollination.”

Not only is the recommended way to buy honey directly from the manufacturer, but Dr Jabbar suggests buying in bulk for a year’s supply at once.

“Honey is a limited resource with a flavour profile unique to that batch, season and terroir. Possible places to look are producers’ own websites, farmers’ markets, and retailers that stock UK and quality overseas products.”

English, honey.

Honey is imported into Britain from around the world but is also produced throughout the country – the colour, texture and aroma vary dramatically depending on the flowers the bees eat.

For example, honey made from borage fields in Essex is very thin, pale yellow with a mild flavour.

In contrast, ling heather honey, produced in wooded areas such as the Yorkshire moors and Scotland, is thick and amber in colour with a rich flavour.

Photo: iStock
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Photo: iStock

Why is Manuka so sought after/expensive?

Manuka honey is a special type of honey produced by bees that pollinate the manuka bush, a plant native to New Zealand.

It is often sold as having health benefits due to its methylglyoxal content, which gives it specific antimicrobial properties.

Maureen Conker is a professional honey taster and world-renowned expert on Manuka honey.

He told Money Blog that the limited supply of manuka bushes and the remote nature of the places where it can be produced are driving up the price, as well as strict extraction practices.

“Medicinal-grade Manuka is extracted and processed in sophisticated hospital-standard extraction plants with double doors, sanitiser and disinfectant foot baths and full sterile clothing,” she explains.

“It is temperature controlled in secure facilities with high-tech extraction and packaging equipment.”

Buyers should look for UMF certification, which means the producer is licensed by the Unique Manuka Factor Honey Association.

Photo: iStock
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Photo: iStock

Can you tell if honey is off just by looking?

Honey generally doesn’t expire, says Dr Jabbar, but its aroma, active nutritional compounds and enzyme activity will diminish over time, so he says it’s best to consume it before the stated best-by date for maximum enjoyment.

He says that some people consider the crystallisation of honey to be a problem, whereas it is not.

“All honey is naturally crystallised. In fact, some people prefer the texture of crystallised honey compared to liquid honey. This change may be unexpected, but it is natural and does not affect the quality of the honey.”

Dr Jabbar says that indirectly heating the honey to about 35°C for a few hours will return the honey to its liquid state.

Photo: iStock
image:
Photo: iStock

What about organic vs non-organic?

Organic honey is produced using criteria set for organic beekeeping practices, and the producer is licensed by an authorised organic body.

Importantly, organic honey does not equate to a better-tasting or higher-aromatic-quality product, only that the honey is less likely to have the presence of foreign chemicals in it.

This means that most consumers will not even recognise organic honey, but those who want to support food produced under organic principles may choose to buy it.

Nevertheless, as Wagstaffe points out, it is incredibly difficult to prove that honey is 100% organic:

“It is almost impossible for a beekeeper to guarantee that every flower the bees visit within a three- to five-mile radius is organic. Because of this, many ethical beekeepers choose not to label their honey as organic.”

He adds, “I would encourage people to look for raw, natural, single-source honey from a trusted producer rather than focusing solely on the ‘organic’ label.”

I purchased honey; how should I store it?

Now that you’ve bought your honey, how do you store it?

Dr Jabbar says that honey should not be exposed to air for long periods of time, and if taken out from the original jar, it should be properly stored in an airtight container.

“Once used, close the lid and store the jar. Since honey is hygroscopic, it absorbs moisture from the air, and thus its water content increases, which weakens the preservative properties of the honey.”

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