BBC set to cut hundreds of millions of pounds in latest restructuring plan
Director-general Tim Davie tells staff broadcaster aims to trim about a tenth of costs over three years
‘Seismic’ battle for Manchester seat looks set to determine Starmer’s fate
Labour is expected to lose votes in Gorton and Denton by-election to Greens on the left and Reform on the right
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Belgian police raid European Commission over sale of properties
Investigation concerns potential irregularities in the sale of real estate assets in 2024
Commercial real estate shares fall in latest sell-off driven by AI fears
Shares in Savills drop as investors focus on sectors deemed vulnerable to disruption
BAT warns of job cuts as it plans to ‘simplify’ and boost productivity
Maker of Lucky Strike and Dunhill cigarettes said profits hit £11.3bn last year
CIA releases new video in bid to lure Chinese military officers to spy for US
US intelligence agency seeks to tap into frustration over extensive purges at People’s Liberation Army
Zelenskyy hits out after Olympics bar Ukrainian racer
Vladyslav Heraskevych wanted to wear helmet honouring compatriots killed in war during skeleton event
Pina Bausch: Sweet Mambo — sublime moments awash in a stream of running gags
The 2008 work returns to Sadler’s Wells with seven veterans from the original cast — and too many recycled ideas
Israel charges two over Polymarket bets on classified military operations
Civilian and reservist charged with security offences, bribery and obstructing justice after ‘red line’ crossed with online gambling
US businesses and consumers pay 90% of tariff costs, NY Fed says
Central bank’s research undercuts Donald Trump’s claims that foreign companies will pay for levies
Trump hails unexpectedly strong jobs data, despite troubling backdrop
Also in today’s newsletter, US attorney-general Pam Bondi faces wrath of Congress over Jeffrey Epstein files
The exorbitant privilege of the US brain gain is fading
In India, domestic tech entrepreneurs are outperforming those who return home after a stint in Silicon Valley
Google’s AI worlds won’t vanquish the video game
It takes more than an app to come up with an innovative gameplay loop
The decision to sell Schroders is wrenching but inevitable
History might be repeating itself after the sale of investment banks to bigger US rivals
Are CEOs under more pressure than ever? You asked, Anjli Raval answered
Ratcliffe ‘sorry’ for offending ‘some people’ with immigration remarks
Ineos founder has come under pressure to apologise for claim the UK was being ‘colonised’
What has AI done to illustrators?
Disruption has led some to pull back while others are changing the type of work they produce
The Disappearing Act by Maria Stepanova — from the belly of the beast
A celebrated Russian author in exile turns to fiction to navigate the physical and psychological fallout of one’s home country waging war against its neighbour
EU must avoid ‘war’ with member states over deregulation, Belgian PM warns
Bart De Wever says European Commission should not get ‘all the blame’ ahead of leaders’ summit
Brussels breached EU law over €10bn for Hungary, court adviser says
Legal opinion finds fault with Commission’s 2023 decision to grant access to frozen funds ahead of key summit on Ukraine
Starmer faces backlash over ousting of Britain’s top civil servant
Cabinet secretary Chris Wormald’s exit follows resignations of prime minister’s chief of staff and communications director
SFO drops case against London Mining over disclosure software issues
Collapse of bribery prosecution exposes wider disclosure failings at fraud agency
Hot property: five homes for sale in Bavaria
From an Alpine farm in the Nagelfluhkette Nature Park to a modern home in Munich 10 minutes’ walk from the historic Englischer Garten