UK risks £125bn hit a year from youth unemployment, landmark report says
Posted on Thursday May 28, 2026

Alan Milburn warns of ‘lost generation’ after number of young people not in work or education rises to more than 1m

• ‘A record of failure’: what’s in first part of Milburn report?

• Tell us: we would like to hear from young people in the UK about their job hunting experience

Britain risks a financial hit worth £125bn a year from a worsening crisis in youth worklessness after a rise in the number of young people not in employment or education to more than 1 million.

In a landmark government-backed report, Alan Milburn warned that Britain’s economy and the public finances were losing billions of pounds a year amid the growing risk of a “lost generation” of young people.

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Ministers in talks over shelving carbon tax on fertiliser to curb UK food inflation
Posted on Thursday May 28, 2026

Exclusive: Package of measures discussed with farmers, including pause on duty due to come into effect next year

Ministers are in discussions about suspending a carbon tax on fertilisers, due to come into effect early next year, in an effort to curb food inflation.

The move would be part of a package of measures, including the suspension of import tariffs on a range of foods including bread, biscuits and bananas.

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Burberry boss could earn up to £12.2m under new bonus scheme as company rolls back climate goals
Posted on Thursday May 28, 2026

Company, which paid boss Joshua Schulman £4m in year to March, becomes latest to extend deadline to become carbon neutral

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The boss of Burberry could earn up to £12.2m after the luxury British brand introduced a new bonus scheme, while its annual report also revealed the company has scaled back its climate ambitions.

Joshua Schulman, a former chief executive of the US fashion brand Coach who was hired in July 2024 to help revive Burberry, was paid £4m in the year to March, up from £2.5m for his first nine months in the job.

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Oura launches Ring 5, world’s smallest smart ring, as it heads towards IPO
Posted on Thursday May 28, 2026

Finnish-US startup has sold 5.5m rings worldwide since it was founded in 2013 and is valued at $11bn

Stylish Finnish-American smart ring company Oura may be the darling of wearables, adorning the fingers of celebrities and sportspeople, but it is not resting on its laurels as it heads towards an IPO later this year. This week it launched the world’s smallest smart ring, the Ring 5, its latest evolution of the device that defined a whole category.

The Ring 5 is 40% smaller and with longer battery life than the highly popular Ring 4. It also promises to squeeze the health-tracking features of a smartwatch into a less techy piece of jewellery just 2.28mm thick, focused on sleep, stress, readiness and heart health.

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‘Hidden datacentre tax’ costing Irish households millions, report says
Posted on Thursday May 28, 2026

Datacentres used 22% of country’s electricity last year, pushing up household bills, study suggests

Energy demand by datacentres in Ireland has added hundreds of euros to household electricity bills in a pattern that could be replicated across Europe, according to a report.

Ireland’s growing number of datacentres last year used 22% of the country’s electricity, more than all urban homes combined, according to the Central Statistics Office. The equivalent figure in the US and UK is 6%.

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‘This isn’t freedom’: anger, anxiety and tears as Iran’s internet flickers back
Posted on Thursday May 28, 2026

After 88 days of near-total blackout, first reactions to the return of partial connectivity were not celebratory

After 88 days of near-total internet blackout in Iran, long-delayed messages, images and poems flooded phones and social media feeds at about 5pm on Tuesday, when still-limited connectivity flickered back to life.

The first reactions, however, were not celebratory. Many new posts were threaded with scepticism, anxiety and anger.

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French Open 2026: Sinner stunned by Cerúndolo, Tiafoe in action and Gauff to come: day five updates – live
Posted on Thursday May 28, 2026

Updates from the fifth day’s play at Roland Garros
Top seed Sinner crashes out in second round | Mail Dom

Back with Kouame, he’s up advantage, takes control of the next rally, and a deep backhand incites Vallejo to net on the forehand! The 17-year-old takes the first set 6-3, with two breaks, and Lenglen is jumping!

Kouame holds for 5-3, then makes 30-40 and set point; Vallejo saves it well, serving out wide then putting away a shoulder-high volley. But he’s soon down advantage, Kouame missing his backhand down the line to restore deuce, but Vallejo shanks his forehand so back round we go. Meantime, Jovic outlasts Navarro in a protracted game on 14, taking her sixth break point to leads 6-0 2-0. She’s taking an experienced top-10 talent to the absolute cleaners.

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Who really controls the Williams F1 team? A bitter legal battle has put this question centre stage
Posted on Thursday May 28, 2026

Special report: Allegations of sexism, racism and expenses fiddling are flying in US courts, drawing in leading figures in motor racing and some famous names in music. But the precise role of Peter de Putron, a Jersey-based billionaire, is one of the most intriguing subjects

On the track, the Williams Formula One team are attempting to revive former glories through their talented driving team of Alex Albon and Carlos Sainz and the team principal, James Vowles.

Away from the track, the team and their parent company, Dorilton, are embroiled in a messy dispute with a former executive, Claudia Schwarz, who was dismissed in 2022. In court filings she alleges she was fired after raising concerns about sexism towards her and racism, with claims drawing in Lewis Hamilton’s foundation and the artists Wyclef Jean and Shaggy. The ultimate ownership of the Williams team is also questioned by the former executive, who makes a hotly contested claim that the team are controlled by Peter de Putron, a billionaire based in Jersey with close links to the Conservative party.

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