UK parents fear young will be worse off for first time in a century, ex-minister warns

The number of young people in the UK not working or in education has risen closer to a million, figures show, as a government adviser warned that for the first time in a century parents do not think their children will have a better life than them.The Office for National Statistics (ONS) said the number of people aged 16 to 24 who were not in education, employment or training (Neet) rose to 957,000 in the final three months of last year, equating to 12.8% of this age group.The figure was up from 946,000 in July to September, but down by 14,000 from a year earlier. The number of young women classed as Neet rose by 13,000 while the number of young men fell by 2,000

World Economic Forum CEO quits after Epstein links examined; Ineos Quattro earnings fall – as it happened

The president and CEO of the World Economic Forum, Børge Brende, is stepping down, after the forum launched an independent investigation into his relationship with Jeffrey Epstein.Brende, a former Norwegian Minister of Foreign Affairs, has announced he is stepping down from WEF to avoid “distractions”.In a statement just released, Brende says:double quotation markAfter careful consideration, I have decided to step down as President and CEO of the World Economic Forum. My time here, spanning 8½ years, has been profoundly rewarding.We have seen a record number of partners join us, and we have had a very successful Annual Meeting in Davos behind us, where we engaged with governmental leaders from all over the world like never before

Tell us: how are your finances looking ahead of the spring forecast?

Next Tuesday the chancellor, Rachel Reeves, will update the country on the state of the economy when the spring forecast is delivered to parliament.The government is not expected to make major announcements on taxes and spending but will include the latest forecasts for growth, details of the UK’s financial position and hint at the changes we might expect in future.We would like to hear from you. How are you feeling about your finances right now and has anything improved or worsened over the past year?You can tell us about your financial situation using this form.Please include as much detail as possible

Rolls-Royce boss pushes for UK taxpayer support for new jet engine

The chief executive of Rolls-Royce has pressed ministers for taxpayer support for a new jet engine, on a day the company also announced record profits and promised to give up to £9bn back to shareholders.The £3bn engine project, designed to power smaller commercial planes, would allow Rolls-Royce to re-enter the lucrative short-haul flights market.Tufan Erginbilgiç said on Thursday: “Not supporting it would be a sort of strange thing to do,” given Labour had named advanced manufacturing as a priority in its industrial strategy, released last summer.Rolls-Royce has already spent more than £1bn on the project, while it has reportedly asked the UK government to initially provide between £100m and £200m to develop and test the UltraFan 30 engine.Erginbilgiç said: “There are all sorts of numbers out there

WPP to sell assets and cut jobs in radical shake-up to counter AI threat

The beleaguered UK advertising group WPP has announced a radical restructure to counter the threat posed by the growth of artificial intelligence, including plans to sell assets and job cuts.Aiming to be “a simpler, lower-cost, AI-enabled business”, the London-based company laid out plans to achieve £500m of annual savings by 2028, at a cost of £400m over two years.Cindy Rose, the chief executive who took over last summer, said the company was “unveiling a bold plan for a simpler, more integrated WPP that’s fit for the future and built to win”. It has struggled to stem a growing exodus of clients and is racing to match the AI and data capabilities of rivals, amid fears that AI will allow customers to bring more marketing functions in-house.Rose said WPP had identified several assets that it wanted to shed, without naming them

Ocado to cut 1,000 jobs in £150m cost-saving drive

Ocado is to cut 1,000 jobs as the retail technology business attempts to slash £150m in costs through a substantial restructuring programme.The company confirmed that about 5% of its global workforce will be affected. About two-thirds of the jobs are expected to go from the UK, where the company is based in Hatfield, Hertfordshire. About half the jobs going are in technology, with the rest made up of support staff.The business, which provides technology for robotic warehouses for supermarket chains, said it plans to scale back research and development, helping it cut about £150m in technology and support costs in 2026

Qantas unveils major changes to frequent flyer program and a bumper $1.46bn profit

Qantas is overhauling its frequent flyer program to entice members to climb its vaunted membership tiers, in changes designed to prevent customers from switching to rival schemes.The reforms, described by the airline as the “biggest changes to status in program history”, have been unveiled during a hugely profitable period for Qantas, with revenue rising across its domestic, international and loyalty scheme businesses.On Thursday, Qantas announced planned changes to the loyalty scheme to allow members to roll over some of their status credits - the currency used to determine membership tiers - helping people reach or maintain high levels such as gold and platinum.This differs from the previous system of unused credits resetting to zero at the end of a holder’s membership year.However, the amount of credits needed to keep status levels is increasing, according to analysis from comparison site Finder

Lawyers for US cancer sufferers challenge Bayer’s $7.25bn Roundup settlement deal

A group of 14 law firms representing nearly 20,000 plaintiffs is seeking to intervene in Bayer’s proposed class-action settlement of Roundup litigation, citing concerns that the deal will not be fair to cancer sufferers.The group filed both a motion to intervene and a motion for an extension of time for court preliminary approval of the deal in St Louis city circuit court in Missouri late on 24 February.The law firms say the deal appears “unprecedented” and raises multiple “red flags”.“It is hard to escape the impression that the proposed settlement would give Monsanto everything it desires – a near-complete release of liability for Monsanto and its parent company, Bayer AG – while giving inadequate consideration to many putative class members, who would surrender their substantive rights in exchange for settlement offers that may never result in payment,” the law firms state in their motion.Bayer and a different group of plaintiffs’ lawyers filed the settlement proposal with the court on 17 February, with a provision to seek preliminary court approval within a 15-day period

Public health advocates say more transparency needed in debate over illicit tobacco as industry links questioned

A former Australian Border Force officer who has positioned himself before government inquiries as Australia’s “foremost law enforcement expert” on illicit tobacco also advises nicotine industry-linked organisations – leading public health advocates to argue that more transparency is needed.Rohan Pike, who spent more than two decades in law enforcement and now runs a consultancy, has become a prominent media commentator on the illicit tobacco trade, promoting policies that align with those supported by the tobacco industry.Those positions include opposing further excise increases on cigarettes and pushing for the legalisation of nicotine pouches.In May he was appointed as an illicit-trade adviser to the Global Institute for Novel Nicotine Products (Ginn), a UK-based trade association representing manufacturers of alternative nicotine products, including pouches and “heat not burn” nicotine products. Pike said he does not receive funding or payment from Ginn

France’s Engie strikes deal to buy UK Power Networks for £10.5bn

A French utility has agreed to buy the owner of the electricity cables and power lines across London, the south-east and the east of England in a deal worth £10.5bn.Paris-headquartered Engie said on Wednesday that it had struck a deal to buy UK Power Networks (UKPN) in a “major milestone” for the company’s ambition to become the “best energy transition utility”.Engie will buy the electricity network operator, which operates about 192,000km of power lines serving 8.5 million customers across London and southern and eastern England, from a Hong Kong-based conglomerate founded by billionaire business magnate Li Ka-shing, which has owned UKPN for the past 15 years

Drastic Dave goes vague at Diageo | Nils Pratley

Diageo’s once high-flying share price was already back at 2012 levels. Now the dividend is there too. Sir Dave Lewis has cut it in half, chopping as drastically as the market feared he would.But that doesn’t quite explain Wednesday’s 13% fall in the shares. Rather, that was down to two factors

John Lewis scraps £500m deal to build 1,000 rental homes

The John Lewis Partnership is pulling out of a £500m deal to build almost 1,000 residential rental homes for rent in Bromley, Reading and West Ealing amid a “cautious property market”.The retailer, which owns Waitrose supermarkets and John Lewis department stores, blamed a “fundamental shift in the economic conditions”, which it said had made it difficult for its financial partner, Aberdeen, to raise funds for the venture, first launched in 2020.Aberdeen said its difficulties with fundraising “reflect the realities of the environment” and a “challenging UK market” between 2022 and 2025.A spokesperson said the investment firm still planned to increase its presence in UK homes through existing partnerships.“We have high conviction in build-to-rent in the UK and globally,” they said

Doom Bar maker Sharp’s Brewery in Cornwall to be closed by US owner

The Cornish brewery that makes Doom Bar ale is to be closed by its US owner, throwing the popular beer brand’s future into doubt and putting about 200 jobs at risk.The drinks company Molson Coors said it plans to shut Sharp’s Brewery in Rock, along with its national call centre in Wales, saying it was “no longer financially sustainable”.The Chicago-based company, which bought Sharp’s 15 years ago, said it was planning to close the site by the end of this year but it “remains committed” to Sharp’s beer brands.Sharp was founded in 1994, and most its sales come from Doom Bar, which is among the bestselling cask ales in the UK, and was named after a notoriously dangerous sandbank in Cornwall’s Camel estuary. Sharp’s also makes Atlantic and Twin Coast pale ales

Table for one: is eating lunch at work on your own a bad thing?

Name: The lonely lunch.Age: Recent, but growing.Appearance: Très misérable.Why are you talking French to me? Have you gone all pretentious? I am talking French to you because this is a French problem.It is? Oui

How to use on-the-turn milk to make an Italian classic – recipe

According to the Sustainable Food Trust, “the milk from 40,000 cows (300,000 tonnes) is tipped down the kitchen sink each year – a real slap in the face for the farmer”. Even though some supermarkets have now swapped use-by for best-before dates on their milk, those dates can still be confusing, so always do the sniff test before binning it: even if it’s a little sour, you can still cook with it.The Food Standards Agency advises that food with a best-before date can usually be tested using sensory cues such as the sniff test. And what better way to use up spent or sour milk than maiale al latte, or milk-braised pork, for which pork is slowly braised in milk and flavoured with a few aromatics until tender. The milk splits and forms large curds that thicken and caramelise the sauce, so creating a creamy rich dressing for the meat

Nadiya Hussain on food, faith and finding her voice: ‘I get paid less than the white version of me’

In a food world where the trend is for protein and weight-loss injections and sugar is the supervillain, Nadiya’s Quick Comforts seems somewhat contrary. There are golden syrup dumplings. There is a chapter devoted to deep frying, with cheese balls and ingenious deep-fried cannelloni.“If I could write an entire book on deep frying, I absolutely would,” says Hussain with a laugh. “This is how I cook, this is how I eat, this is how I show love to my family

Should you sanitise your strawberries? Experts on the right way to wash fruit and vegetables

You know the cost-of-living crisis is biting when videos of influencers unpacking their grocery “hauls” are viral on TikTok. Chewing through millions of views, fruit and vegetables are aesthetically plopped into a sink filled with water, piece by piece. “Sanitising” products are then added, ranging from the fizz of baking soda and vinegar to specialised vegetable soaps (“Amazon link in my bio!”). There are even expensive electronic purifiers, which shake, shimmy and bubble away in the basin, supposedly removing any nasties.But is ASMR deep-cleaning your fresh produce really necessary? And is it all too late for those of us who can barely remember to rinse our pears?For Queensland’s Rebecca Scurr, who shares what it’s like to “sell fruit for a living” to her 26,000 TikTok followers, fruit-washing videos make her “cringe so much”

Do you really need to chill cookie dough? | Kitchen Aide

Does chilling cookie dough really make for a better result?Emily, by email “It all depends on what kind of cookie it is,” says Guardian baker Helen Goh. “Let’s say it’s a cookie that you need to stamp out – the dough needs to be firm enough to roll it, but not so firm that you can’t.” That said, the question of whether to fridge or not to fridge is probably most prevalent in the chocolate chip cookie sphere. “There’s a perceived wisdom that chilling helps the dough develop the flavour and caramelisation,” Goh says, “but, to be honest, it also makes the dough a little easier to roll and ensures it bakes evenly, which is worth far more than that slight improvement in flavour.”Recommended chilling times vary from 30 minutes to overnight, although Goh finds the latter results in a “cakey” cookie: “I’m a real Goldilocks, so I like crisp at the edges with a chewy centre

José Pizarro’s recipe for roast carrot, saffron and chickpea stew with spinach

This is everyday cooking, the kind that comes naturally in winter. Carrots are always around and often forgotten, but they give a lot when you treat them properly. The saffron brings warmth and colour, and always makes me think of home. February can feel quiet and grey, and this stew suits that mood. It is comforting without being heavy, made for evenings when you want something ready on the stove and bread on the table, eaten calmly and enjoyed without any fuss

Rise of the ‘daycap’: is this the end of late-night drinking?

Forget nightcaps – an afternoon tipple is the new way to squeeze socialising into your evening, while still getting to bed on time. A great idea or a recipe for disaster?Name: The daycap.Age: As old as fermentation, and impatience.Appearance: Nothing new, under the sun.It’s not a hat, then

Supermarket hot cross bun taste test: Choice gives top score to a chocolate bun

Some might be scandalised by the idea of a hot cross bun containing anything other than fruit. But in the annual taste test of supermarket hot cross buns, consumer advocacy group Choice has awarded one of its highest-ever scores to a less than traditional product.This year Choice tested 15 buns from Coles, Woolworths, IGA, Aldi and Bakers Delight, including traditional fruit, chocolate and gluten-free varieties.Woolworths Bakery Chocolate Hot Cross Buns Made With Cadbury Milk Chocolate Chips, which cost 73c a bun, received an overall score of 95%, taking out first place in the chocolate bun category. That is one of the highest scores in Choice’s 10-year history of hot cross bun taste tests

‘Tinderbox’ UK may be one shock away from food riots, experts say

One shock could spark social unrest and even food riots in the UK, according to dozens of the country’s top food experts, because chronic issues have left the food system a “tinderbox”.The group first identified a series of issues that are making access to food vulnerable in the UK, including the climate crisis, low incomes, poor farming policy and fragile just-in-time supply chains. These have left the UK dangerously exposed, the researchers said.They then analysed the shocks that could tip this vulnerable system into a full-blown food crisis, with major extreme weather events, cyber-attacks or international conflicts ranked top. These shocks would hit supply chains and push up food prices, which could lead to increased social tension and hidden market sales of unsafe food and, in the worst-case scenario, civil unrest or riots

Georgina Hayden’s quick and easy recipe for roast butternut squash, halloumi and avocado tacos | Quick and easy

Taco night has become a weekly occasion in our house – something all ages and palates can get on board with. We like to switch up the protein depending on the season and our cravings, but this is our current vegetarian favourite. It’s not traditional by any means, but a wonderful way to get a rainbow of veg into our diets. The cubes of halloumi are joyful when roasted, as are the pops of toasted spiced pumpkin seeds. You could even drizzle them with a little honey for the last couple of minutes of cooking, leaning into a salty-spicy-sweet finish

Nadiya Hussain’s recipes for chicken half-moons and rice paper tteokbokki

I use a lot of rice paper and always have plenty at home, because it can be used in a wide variety of ways. It’s delicious fried, as are most things! These half-moons are filled with an aromatic chicken mince, while tteokbokki is a Korean dish of chewy rice tubes that are often cooked in a stew. They are not always easy to find, but I love them, so I make my own.Prep 5 min Cook 20 min Makes 12134g pack rice paper spring roll wrappers 3 tbsp oil 6 garlic cloves, peeled and finely chopped 3 tbsp gochujang paste 2 tbsp soy sauceTo serve Sesame oil Spring onions, trimmed and thinly sliced Sesame seedsDunk each sheet of rice paper in a lipped plate or shallow bowl of cold water, submerging them until soft. Roll each one into a log, then cut in half and set aside