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Starmer battles for Downing Street future amid Mandelson vetting scandal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will battle for his Downing Street future on Monday as he seeks to explain to MPs how Lord Peter Mandelson became UK ambassador to the US despite failing security vetting. The prime…
Tech billionaires seem to be doom prepping. Should we be worried?
Zoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
Airbnb fined £56m by Spain for advertising unlicensed properties
The Spanish government has fined property rentals giant Airbnb €64m (£56m) for advertising unlicensed apartments. It also said that some of the properties advertised in the popular tourist destination were banned from being rented. The fine means that Airbnb has to withdraw the adverts promoting unlicensed properties. Although the Consumer Affairs Ministry said the fine…
Trump unveils deals to lower US weight-loss drug prices
Danielle KayeBusiness reporter Reuters Zepbound, Eli Lilly’s weight-loss drug, and Wegovy, made by Novo Nordisk US President Donald Trump has announced deals that aim to lower the cost of popular weight-loss drugs, as pharmaceutical prices take centre stage in his administration’s messaging around affordability. Speaking alongside drug executives at the White House, Trump unveiled agreements…
DPD drivers take action in row over payments
Delivery firm DPD could face disruption to its services after some of its drivers began three days of action in a dispute over payments. The drivers involved are refusing to work for three days after DPD said it was cutting the amount it pays for deliveries of small parcels by 65p. One driver told the…
