EasyJet profits climb as package holidays sell well despite price rises

EasyJet has reported a rise in annual profits as strong demand for its package holidays to destinations including Tenerife and Lanzarote offset more difficult trading for its airline.The owner of Europe’s second-biggest budget airline upgraded its outlook for its holidays division, where it raised prices by an average of 5% to £698 for each break.EasyJet said it had invested in longer leisure and city routes, to Cape Verde, Marrakech, Turkey and Egypt. Its most popular package holiday destinations were Mallorca, Tenerife, Costa Blanca, Dalaman and Lanzarote. Top city breaks included Amsterdam, Paris, Prague, Krakow and Barcelona

FCA makes inquiries into WH Smith accounting error that wiped almost £600m off value

The City watchdog has contacted WH Smith to find out more about its accounting error that wiped almost £600m off the company’s stock market value overnight and led to the departure of its chief executive.The Financial Conduct Authority (FCA) said it had started making inquiries to assess whether the company had breached UK disclosure rules for listed companies, but was yet to launch a formal investigation.“We are aware of the reports and we are engaging with the firm,” a spokesperson said.The newspaper, books and stationery chain cut financial forecasts in August and launched an independent review led by Deloitte after it discovered an accounting blunder at its North American arm.The revelation came just a few months after the chain sold its high street business, which has since been rebranded as TGJones by its new owners

UK bank shares rise after reports of budget tax reprieve

UK bank shares have jumped as investors grow increasingly confident that the industry will be shielded from tax rises in Rachel Reeves’s budget this week.Shares in some of the UK’s largest high street lenders rose more than 2% on Tuesday, after reports that the Treasury had asked the sector to issue supportive statements about the following day’s budget, raising expectations they would be spared a further levy.Lloyds rose by 3.8%, NatWest went up 3.7% and Barclays added 2

Australia is bringing in ‘world first’ minimum pay for food delivery drivers – here’s how it will work

Food delivery companies in Australia have teamed up with the Transport Workers’ Union to set new minimum standards for delivery drivers, including a minimum hourly wage and accident insurance for injuries sustained on the job.In a deal described as a “world first”, the country’s two largest food delivery services, DoorDash and Uber Eats, have submitted a joint application with the Transport Workers’ Union to the Fair Work Commission.The deal still requires approval from the industrial umpire, but here’s what we know so far.The application to the FWC comes after a wide range of workplace reforms was introduced by the Albanese government, which included empowering the industrial umpire to set minimum standards for gig workers.DoorDash, Uber Eats and the TWU have agreed on new protections for delivery drivers after years of talks

‘Replacing the old, stuffy department store’: John Lewis boss on its revamp

You may think the department store has had its day. Debenhams and Beales have left the high street, House of Fraser has closed almost two-thirds of its stores and Fenwick exited its prime London site.Peter Ruis, the managing director of John Lewis, has a different view. After closing 16 stores during the pandemic and shedding thousands of jobs as it fought for survival, he says expansion is now “definitely something we are looking at”. The 161-year-old retailer is spending £800m by 2029 on giving its 36 remaining outlets a reboot

Black Friday discounts fail to offer cheapest prices, Which? research finds

Shoppers holding out for a Black Friday bargain on 28 November may not get the best prices, according to Which? research that found none of the offers on the day were at their lowest level over a 12-month stretch.The consumer group compared prices for 175 home, tech and health appliances across eight retailers, ranging from Amazon to John Lewis. Prices were tracked over a full year, from May 2024 to May 2025, including the 2024 Black Friday period.It found that on the day of Black Friday 2024 none of the items it looked at were at the cheapest price they had been over the surrounding year.Britons are expected to spend £9

Motability scheme to drop BMW and Mercedes as it aims to buy UK-made cars

The Motability scheme to provide disabled drivers with subsidised cars has said it will remove expensive cars such as BMW and Mercedes-Benz and aim to buy more British-built cars.Motability said it hopes that 50% of the vehicles it offers will come from British factories by 2035. The chancellor, Rachel Reeves, said the changes to the scheme would “support thousands of well-paid, skilled jobs”, before the budget on Wednesday.The Motability scheme has provided support for disabled drivers for decades to help with the extra costs caused by mobility issues. It buys cars from manufacturers and leases them to disabled drivers

End the tax break that makes flying cheaper than trains | Letters

Your article (Why are flights in the UK so often cheaper than taking the train?, 19 November) states that “it can still come as a surprise when getting on a plane looks like the money-saving choice compared with taking the train”. I don’t think it comes as a surprise to anyone, given that we’ve all seen eye-watering prices for rail travel and are bombarded with adverts for £20 flights to Nice. We’ve all read the stories of people who flew from one UK city to another via Mallorca or some such location because it was cheaper than getting the train.It does come as a surprise, though, that there’s no tax on aviation fuel. I’m the director of the charity Flight Free UK and I speak to a huge number of people about air travel

European defence company shares fall amid Ukraine peace talk hopes; Novo Nordisk reports Ozempic fails to help with Alzheimer’s – as it happened

European defence company stocks have dropped at the start of trading, and wholesale gas price are down too, after officials from Washington and Kyiv held weekend talks in Geneva over how to end the Ukraine-Russia war.Last night, the US and Ukraine said they had created an “updated and refined peace framework” to end the war with Russia, after a row over an original US-backed document that included many of Moscow’s demands.The US secretary of state, Marco Rubio, said he was “very optimistic” about the progress of the talks in Switzerland.Rubio told reporters:“I think we made a tremendous amount of progress.We’ve really moved forward, so I feel very optimistic that we’re going to get there in a very reasonable period of time, very soon

More than 650 jobs at risk as scrap metals giant files for liquidation

More than 650 workers face the prospect of redundancy after the scrap metals group Unimetals filed for compulsory liquidation.The owners of Unimetals Recycling (UK) filed a winding-up petition for the business on Monday, after failing to find a buyer.The scrap metals industry generates billions of pounds of revenue each year by recycling metals such as steel, aluminium and copper that can be made into new products.The switch to electric arc furnaces that melt down recycled steel has given added hope for the sector’s longer-term prospects.Unimetals was founded in 2023 by Jamie Afnaim and Alec Sellem, two metals traders, according to UK company disclosures

Reeves expected to reveal cut in growth forecasts for next five years in budget

Rachel Reeves is expected to reveal in this week’s budget that the UK’s economic growth forecasts have been downgraded in each of the next five years despite her efforts to boost output.The Office for Budget Responsibility (OBR) has reportedly downgraded its forecast for UK growth in each year to 2030-31 as part of a review undertaken before the budget that will argue a lack of investment under Tory administrations undermined the UK’s potential economic expansion.The chancellor’s efforts to increase growth will be unable to offset annual downgrades by the OBR, Sky News reported, undermining Labour’s chances at the next election in 2029.The Treasury refused to comment on the leak. A spokesperson said: “We know there is more to do

Labour will listen to bosses’ concerns on workers’ rights, says business secretary

The business secretary, Peter Kyle, has opened the door to bosses to influence Labour’s landmark changes to workers’ rights, amid boardroom fears over jobs and growth.In a signal the government could consider watering down the overhaul of employment rights, Kyle told business leaders at the CBI conference in London that he would hold a series of 26 consultations with companies after the bill became law.“When we launch these consultations, please engage with it,” he said. “Make your voice heard and engage with me and my department to make sure we get it right.”With Labour under pressure to reboot the economy before the autumn budget on Wednesday, Kyle committed to ensure that businesses would not “lose” as a result of the changes, which include a ban on zero-hour contracts and day-one protections for workers against unfair dismissal

Chef Skye Gyngell, who pioneered the slow food movement, dies aged 62

Tributes have been paid to the pioneering chef and restaurant proprietor Skye Gyngell, who has died aged 62.The Australian was an early celebrity proponent of using local and seasonal ingredients and built a garden restaurant from scratch, the Petersham Nurseries Cafe in Richmond, south-west London, which went on to win a Michelin star.A statement released by her family and friends read: “We are deeply saddened to share news of Skye Gyngell’s passing on 22 November in London, surrounded by her family and loved ones.“Skye was a culinary visionary who influenced generations of chefs and growers globally to think about food and its connection to the land.“She leaves behind a remarkable legacy and is an inspiration to us all

How to make the perfect butter paneer – recipe | Felicity Cloake's How to make the perfect …

This luxuriantly rich, vegetarian curry – a cousin of butter chicken, which is thought to have been created in the postwar kitchens of Delhi’s Moti Mahal, though by whom is the subject of hot dispute – is, according to chef Vivek Singh, “the most famous and widely interpreted dish in India”. His fellow chef Sanjeev Kapoor describes it as “one of the bestselling dishes in restaurants” there, but here in the UK, though it’s no doubt widely enjoyed, it seems to fly somewhat under the radar on menus, where even the chicken original plays second fiddle to our beloved chicken tikka masala.If you haven’t yet fallen for the crowdpleasing charms of fresh cheese in a mild tomato sauce, consider this a strong suggestion to give it a whirl. Paneer makhni (makhni being the Hindi word for butter, hence also dal makhni), tastes incredibly fancy, but it’s relatively simple and quick to make. Just add bread and a vegetable side to turn it into a full feast

Fluffy and fabulous! 17 ways with marshmallows – from cheesecake to salad to an espresso martini

They come into their own around Thanksgiving in the US, used alongside savoury dishes, as well as in desserts. Now is the time to try them with sweet potatoes, in a strawberry mousse, or even with soupThe connection between marsh mallow the herbaceous perennial, also known as althaea officinalis, and marshmallow the puffy cylindrical sweet, is historic. In the 19th century, the sap of the plant was still a key ingredient of its confectionary namesake, along with sugar and egg whites. But that connection has long been severed: the modern industrial marshmallow is derived from a mixture of sugar, water and gelatine. Its main ingredient is air

The Shaston Arms, London W1: ‘Just because you can do things doesn’t mean you should do them’ – restaurant review | Grace Dent on restaurants

A pub that wants to be an old-school boozer and a cool restaurant both at the same timeWhile perched inside what felt like a repurposed bookshelf at the draughty back end of the Shaston Arms, sitting next to the dumb waiter and waiting for the ping to herald the arrival of my £16 plate of red mullet with squid ink rice, I had time to consider yet again the so-called “pub revival” in cool modern hospitality. Old boozers are reclaimed, reloved and restored, and the great tradition of going down the pub is celebrated. The Devonshire in nearby Piccadilly is, of course, the daddy, the Darth Vader of this trend, winning plaudits, TikTok adoration and celebrity fans aplenty. So it’s no wonder that myriad other hospitality operators have cast an eye over their local neglected fleapit and thought: “Let’s buy some Mr Sheen, give that old hovel a polish and start serving duck à l’orange and flourless chocolate tart. It’s all the rage! Gen Z loves it!”Whether Gen Z really does love anything about the pub experience as it was in the 20th century is debatable, however, because inside these poshed-up spit-and-sawdust boozers, all the phlegm and fag ash has gone – as have the dartboards, pool tables, punch-ups, topless women on KP peanut pub cards and the ever-present bar-fly alcoholic drinking himself yellow while droning on about his marital problems

Goblets of borscht, turkey-shaped madeleines: why Martha Stewart’s fantastical menus are still an inspiration

The celebrations were imminent and the greenhouse ready to accommodate – among the orchids, in unseasonable November warmth – an intimate Hawaiian luau. The table was set with giant clam shells for serving vessels and miniature hibachis for grilling Dungeness crab. Somebody had found a small, pink pineapple and secured it on the watermelon like a brooch. The hostess considered the merits of a hula dancer, but in the end settled on a more succinct spectacle: a 19lb suckling pig, enwreathed with sub-tropical flowers and caparisoned in bronze.It was, and could only ever have been, a Martha Stewart affair

Winter has finally kicked in – it’s time to crack out the casserole dish and get stewing

At the risk of sounding like a British cliche, can we take a moment to discuss the change in the weather? This week’s sudden drop in temperature has our house excited for potential snow (the children are giddy), with everything suddenly feeling a lot more wintry. New coats are on the hooks, thermals are being dug out and a casserole dish filled with some sort of soup, stew or stock seems to be permanently ticking away on the hob. These range from quick, warming weeknight dinners to leisurely, slow-cooked weekend meals.The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link

Helen Goh’s recipe for cranberry, orange and ginger upside-down cake | The sweet spot

Bright, tart cranberries are one of the most vivid flavours of the Thanksgiving table, but they often play a supporting role to turkey and stuffing. Here, however, they take centre stage in a sparkling upside-down cake, and their ruby tones gleam over a tender, orange-scented crumb. The batter is enriched with soured cream, ensuring every bite is a balance of sweet, sharp and soft.A note about the cranberries: if using frozen, do not defrost them first.Prep 10 min Cook 1 hr 15 min, plus cooling Serves 8-10For the cranberry caramel base 60g unsalted butter 100g light brown sugar 1 tbsp fresh orange juice2 tsp finely grated ginger⅛ tsp flaky sea salt250g fresh or frozen cranberriesFor the cake batter150g plain flour 1 tsp baking powder ¼ tsp bicarbonate of soda ¼ tsp fine sea salt 120g unsalted butter, at room temperature, plus extra for greasing150g caster sugar Finely grated zest of 1 orange 2 large eggs 2 tsp vanilla extract 120g full-fat soured creamGrease a 20cm round cake tin (at least 5cm deep, and not springform), then line the base and sides with baking paper

Why nonalcoholic spirits go from strength to strength

It’s time to start thinking about the C word. You might well already have plans to stock up for house guests who are drinking, but what about those who aren’t? It’s a good opportunity to think about how we might jazz up our non-alcoholic offering for friends and family who are trying to drink less, or not drinking booze at all. Sometimes, your friend will just want a Fanta, but I don’t like being the one to offer it to them. We can do better than that.The Guardian’s journalism is independent

Tell us about a recipe that has stood the test of time

Recipes carry stories, and often when they have been passed down from generation to generation, these tales have a chapter added to them each time they are made. Family members concoct elaborate treats and seasoning mixes, which in some cases travel across oceans to end up on our dinner tables.We would like to hear about the recipes that have stood the test of time for you, and never fail to impress. Who first made it for you? Did you stick to the recipe that was passed down or have you improvised? What are the stories you associate with your favourite family recipe?Let us know and we will feature some of the best in Feast.Tell us about the recipe that has been handed down through generations in the form below

Alice Zaslavsky’s recipe for garlic red peppers with a creamy white bean dip, AKA papula

This week, I’ve been putting the finishing touches on an interview I recorded with legendary Australian cheesemaker Richard Thomas, the inventor of an ingredient you may not even realise is Australian: marinated feta, AKA “Persian fetta”. An unexpected stop on a trip to Iran in the 1970s gifted Thomas a chance meeting with a Persian doctor and his breakfast: fresh labneh with soft, still-warm lavash. It was a revelation. On his return, Thomas got to work creating a fresh cheese from goat’s milk (similar to chèvre) and from cow’s milk, marinated and preserved in oil, with an extra “t” to avert confusion with the Greek-style feta, that’s still being utilised by cooks and chefs right across the world.Persian fetta is a shapeshifter, capable of remaining both firm and steadfast when crumbled across the top of a platter or salad, and of yielding to a soft, velvety cream, enhancing all manner of dishes from pasta to pesto to whipped dips and schmears – and, of course, as a topping for that Aussie cafe staple, avocado toast

How to turn hazelnuts into a brilliant flour for cakes – recipe | Waste not

Each recipe in my cookbook Eating for Pleasure, People & Planet includes optional whole food ingredients such as rapadura sugar, emmer wheat and flaxseeds to boost nutrients and flavour, while also keeping things adaptable so you can use up what you already have in the cupboards. Writing a plant-based cookbook taught me new ways to save waste, and confirmed my belief that zero-waste cooking is whole food cooking. Aquafaba (the liquid from a tin of chickpeas or other beans), for example, is a powerful emulsifier that can replace eggs, especially when whisked with ground flaxseeds or chia. It’s a brilliant way of turning what we’d usually pour down the sink into cakes with remarkable lift and texture.When I was writing the dessert chapter of my cookbook, I wanted every recipe to offer new ways of making cakes more nourishing

Fish, cheese or chicken? Ravinder Bhogal’s recipes for warming winter pies

When the temperature takes a nosedive, few things compete with a just-baked pie. Don’t be daunted by social media images of perfect, artistic ones; a pie will taste just as good whether it’s rustically homespun or exactingly decorated and carved. Ultimately, what is more important is the integrity of the ingredients (both the casing and the filling). As pastry or potatoes are such a large part of the equation, invest in the best, and make sure puff pastry is all butter and filo is generously lubricated with melted butter. And, if you’re serving your pie with mash, you want it lump-free, properly seasoned and enriched with butter and cream