Half of all UK jobs shed since Labour came to power are among under-25s

Keir Starmer has been warned that Britain’s youth are in danger of becoming a “lost generation” on his watch as it emerged almost half of all jobs shed since Labour came to power are among the under-25s.With the government under fire before the autumn budget, Guardian analysis shows the dramatic leap in UK unemployment to the highest levels since the Covid pandemic is being fuelled by a youth jobs crisis.As many as 46% of the 170,000 jobs lost from company payrolls since June last year are from those under the age of 25 – the equivalent of more than 150 jobs lost per day.David Blunkett, the former Labour education secretary, said that while the government was taking action there was a danger an entire generation of young people would be let down.“I think we’ve got to get our act together

‘I have saved exactly £0’: how soaring costs have hit Britons’ nest eggs and pensions

Andrew, a writer in his mid-30s from Essex, would be considered middle class by most, but his financial setup is precarious.“I have £4k in my savings account, and around £4k in stocks and shares. With a mortgage, childcare fees and other living expenses to cover, our monthly outgoings are always at least £2,800. Our savings would quickly vanish if our household income ceased,” he said.Andrew has managed to save £30,000 into a workplace pension, but feels unable to continue saving at the moment

Zip wires, darts, wild swimming: why shopping centres are trying new ways to bring in customers

There was a time when the most active thing to do at a shopping centre was jostle to the front of the queue at Primark. These days, however, developers are bringing in sport and health-related activities from zip wires to cricket, football, rock climbing and even wild swimming to draw in consumers and use space no longer wanted by retailers.While the trend for competitive socialising, such as crazy golf, darts or bowling is well established and gyms are commonplace in shopping centres, landlords are getting more creative and adventurous in the type of activity they are offering as they battle lacklustre interest in physical shopping.The activities are varied: Toca Social hosts diners watching and playing football in three shopping malls. US group Five Iron, which blends hi-tech golf simulators and coaching with a bar, has signed up for the first of at least 10 UK sites, at Broadgate in central London

About 1m Ford diesel cars sold in UK with defective emissions controls, court told

About a million Ford diesel cars were sold in the UK with serious defects in components supposed to curb toxic exhaust emissions, the high court has been told.The highly polluting vehicles were produced and sold between 2016 and 2018 after Ford’s engineers became aware of the issues, and many were never formally recalled or fixed, lawyers said.The claims came in evidence submitted in the legal action on behalf of 1.6 million diesel vehicle owners against five car manufacturers, including Ford, for allegedly using “defeat devices” to cheat emissions tests for nitrogen oxides (NOx).Parts of the emissions control systems as calibrated by Ford were discovered to become less effective when “poisoned” by sulphur in fuel during driving, the court heard

Australia welcomes Trump’s removal of tariffs on beef and other food imports

The Australian government has welcomed the Trump administration’s removal of tariffs on beef and other agricultural exports to the US.After previously insisting his import duties were not fuelling inflation, the US president, Donald Trump, on Saturday morning Australian time signed an executive order reversing tariffs on food imports, including beef, coffee and bananas.Trump, who is facing pressure over rising consumer prices, conceded in the order that “current domestic demand for certain products, and current domestic capacity to produce certain products” had influenced the decision.Last year, meat was Australia’s second largest export to the US, behind only non-monetary gold. Since Trump’s tariff regime came into effect in April, Australian producers have been charged a 10% export duty on most goods, including beef

Global markets struggle after tech sell-off and fears over Chinese economy

Global markets suffered another day of volatile trading after a tech sell-off that fuelled Wall Street’s worst day in a month and weak economic data from China showed an unprecedented slump in investment.The FTSE 100 fell by 1.1% in London, closing down about 100 points at 9,698, as bellwether banking stocks tumbled. Barclays, Lloyds and NatWest slumped between 2.7% and 3