‘A test of our values’: Starmer to call for whole-society response to rising antisemitism


HSBC profits fall amid $400m fraud-related charge and Iran war
HSBC has taken a $1.3bn (£961m) hit to profits, fuelled by the fallout from the US-Israel war on Iran and fraud in the troubled private credit sector.The London-headquartered bank said profits fell 4% in the first three months of the year, dropping $100m to $9.4bn, compared with the same period in 2025. Revenue increased 6% to $18

‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?
Who calls the shots on the bin collections in Sunderland, potholes in Hackney, or schools in Cardiff is not normally of interest to City traders in the multitrillion-pound sovereign bond market.But for those dealing in UK government debt, Thursday’s local and devolved government elections are significantly more important than usual, amid speculation that a dire showing for Keir Starmer’s Labour party could topple him as prime minister.“Usually local elections should not be a market relevant event, but this has indeed become one,” said Sanjay Raja, the chief UK economist at Deutsche Bank.“Mainly as the repercussions, not just from a leadership challenge, but also any changes to fiscal policy and any pressure on fiscal rules the chancellor had signed up to. That is what the market is really signed up to

Vine video-sharing app is back – and battling AI slop
As a pioneer of the short-form video format, Vine has been credited as one of the most influential – if short-lived – social media platforms.The app, which allowed users to record a looping six seconds of video, boomed in popularity after its launch in 2013, spawning a plethora of viral comedy sketches and internet memes. It hit 100 million monthly active users at its peak and helped launch the careers of influencers such as Logan Paul.It was snapped up by Twitter – now X – soon after its creation, but closed in 2017 after the platform failed to make the sums add up.Jack Dorsey, Twitter’s co-founder, is now backing an attempt to bring back a revamped version of the much-loved platform with a new philosophy: to be the short-form video app offering “freedom from AI slop”

GameStop makes $55.5bn takeover offer for eBay
US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board.GameStop, which has quietly accumulated a 5% stake in eBay, said it was willing to pay $125 a share, split 50-50 between cash and stock.It is an ambitious move by the games company, which catapulted to fame during the meme-stock craze of 2021 but is worth far less than its takeover target. GameStop had a market valuation of roughly $12bn on Friday before its bid, while eBay – originally launched as a side hobby by its founder Pierre Omidyar in 1995 – is worth about $46bn

‘He’s too young to retire’: Cam Smith and Australian golf ponder life without LIV’s riches
He was Australian golf’s shining light, a likeable everyman whose career has found the rough. Now, Cameron Smith “may be rethinking” his decision to stick with LIV Golf, according to the head of the PGA of Australia, after Saudi Arabian investors withdrew funding from the upstart tour.The entire Australian golf sector is wrestling with what a future without LIV – or with a fiscally restrained LIV-lite – might look like, as the South Australia government pushes on with spending $45m for an upgrade to a course still scheduled to host a LIV tournament from 2028.Australia’s golfing institutions are immune to any collapse of LIV, yet the links within the sport run deep. As the body for golf’s professionals, the PGA of Australia wants the best for Smith and his countrymen

Excitement builds in Tasmania as state gets behind Devils ahead of AFL entry | Joe Moore
When the original rules of the game were being written in Melbourne, Tasmanians were playing footy, too. It’s taken 160 years for the state to get its first genuine chance at the elite level, but early signs indicate the Tasmania Football Club is thriving.For now, the Devils are playing in the second-tier VFL competition, but that is only as a two-year pathway to a guaranteed place in the AFL and AFLW.Locals have been voting with their feet. In March, the Devils debuted by selling out their first game at North Hobart Oval

Concierge firm co-founded by queen’s nephew went on ‘ill-timed’ hiring spree before Iran war

Jaguar Land Rover could have shifted production from UK without £380m battery subsidy, officials warned

Shipping firms question safety in strait of Hormuz despite Trump plan

Nigerian refinery accused of sacking union members is key to UK plan to tackle jet fuel shortage

Thousands of Just Eat couriers launch legal action to improve workers’ rights

UK food prices on track to rise by 50% since start of cost of living crisis