Labour to abolish most short prison sentences in England and Wales
Coca-Cola in talks about cut-price £2bn sale of Costa Coffee
Costa Coffee could change hands again after it emerged that Coca-Cola has met potential buyers to discuss a cut-price deal to off-load the chain.The American soft drinks company is said to be working with bankers on a review of Costa, Britain’s biggest coffee chain, that could lead to it being sold.Coca-Cola had high hopes for the Costa brand when it bought it in 2018 from Whitbread, owner of the Premier Inn hotel chain, for £3.9bn. However, the chain has struggled with rising costs, not least the rise in coffee bean prices, and increased high street competition
With tax speculation festering, Rachel Reeves needs to show her hand | Richard Partington
The cruel summer of speculation is here. Barely a day passes without the chancellor, Rachel Reeves, waking to another newspaper headline about possible tax-raising options for her autumn budget.After the bonanza of June’s spending review, Reeves had been warned that uncertainty about the public finances would set tongues wagging. Britain’s economy has far from shot the lights out since, the global backdrop remains fairly bleak, borrowing costs are high, and inflationary pressures are building.This week marks the point at which November becomes the earliest date the chancellor can hold her budget, given the 10 weeks’ notice she must provide the Office for Budget Responsibility (OBR) to prepare its forecasts
Is the AI bubble about to burst – and send the stock market into freefall? | Phillip Inman
There are growing fears of an imminent stock market crash – one that will transform from a dip to a dive when euphoric headlines about the wonders of artificial intelligence begin to wane.Shares in US tech stocks have fallen in recent weeks and the prospect is that a flood of negative numbers will become the norm before the month is out.It could be 2000 all over again, and just like the bursting of the dotcom bubble it may be ugly, with investors junking businesses that once looked good on paper but now resemble a huge liability.Jerome Powell, the Federal Reserve chair, is one of the policymakers tasked with keeping the wolf from the door. Speaking on Friday at the annual Jackson Hole gathering of central bank governors in Wyoming, he tried to calm nerves
Expert rejects Met police claim that study backs bias-free live facial recognition use
The Metropolitan police’s claims that their use of live facial recognition is bias-free are not substantiated by the report they cite to support their case, a leading expert on the technology has said.The Met is planning its biggest and most high profile use of LFR yet this bank holiday weekend at Notting Hill carnival in west London.The Guardian understands it will be deployed at two sites on the approaches to the carnival, with the force insisting on its use despite the Equality and Human Rights Commission saying police use of LFR is unlawful.The new claims come from Prof Pete Fussey, who led the only independent academic review of police use of facial recognition, is a former reviewer of LFR for the Met from 2018-19, and currently advises other forces in the UK and abroad on its use.The Met says it has reformed its use of LFR after a 2023 study it commissioned from the National Physical Laboratory (NPL) and it is now, in effect, bias-free
Tommy Fleetwood vows to strive for more after US win ‘completes story of near misses’
Tommy Fleetwood insisted he is ready to write a fresh chapter of golfing success after ending his wait for a victory in the United States after 11 years.Fleetwood’s three-stroke win at the Tour Championship in Atlanta came in his 164th start on the PGA Tour. While determined to enjoy the moment, the 34-year-old from Southport has no plans to rest on his laurels. Fleetwood had been probed time and again about his series of near misses in the US.“The guys that win the most are in contention so much, they’re up there all the time,” Fleetwood said
Tommy Fleetwood wins Tour Championship to finally break US duck
It was not Patrick Cantlay, Russell Henley, Scottie Scheffler or any other golfer that Tommy Fleetwood had to battle with at the Tour Championship. Instead, the Englishman had to see off the burden of recent history. Fleetwood prevailed, taking his maiden PGA Tour title on his 164th start. Sometimes the good guys win. East Lake delivered one of the most heartwarming tales of the sporting year, a victory for persistence and proof that a relatable golfer can be a triumphant one
Helen Mirren decries condescending attitudes towards couples in their 80s
Women’s groups hail Noel Clarke libel defeat as victory for victims and press freedom
‘New Noel Clarkes will surface’ without change in film and TV, say female witnesses
The Guide #205: In an age of streaming clutter, why not rediscover Britain’s rich documentary past?
Eddington to Deftones: your complete entertainment guide to the week ahead
Notting Hill carnival came ‘very close’ to not happening, says chair in funding appeal