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Commons health committee also recommends end to junk food advertising on billboards and public transportFast food chains such as KFC should be stopped from opening near schools, and advertising for junk food on billboards and public transport should be banned to help curb obesity, MPs will say today.The Commons health committee will also urge ministers to stop giving in to food industry lobbying and get tough to tackle a problem that costs the UK £74bn a year and causes huge illness.Su

Robust action is needed to protect European industries from unfair competition. The alternative is social strife amid growing insecurityAccording to a recent analysis, China enjoys a surplus in its manufactured goods trade with the European Union that is roughly equivalent to Italy’s national income. That trade disparity, it is estimated, continues to grow by about 30% each year. The stark implication, according to a paper from Centre for European Reform, is that Europe, with Germany i

Oliver Blume tells staff restructuring proposal includes ‘controversial decisions’ but he has broad supportBusiness live – latest updatesThe chief executive of Volkswagen has confirmed plans to cut 50,000 more jobs despite the carmaker’s supervisory board rejecting his plan to shut four factories in Germany.Oliver Blume told staff on Monday that proposals for a sprawling restructuring was “the most comprehensive realignment in the company’s history” and revolved around “12 initiatives,

Weather cycle threatens harvests worldwide, adding to inflation already fuelled by the Iran warEconomists are warning that a “super” El Niño weather cycle this year could cause a severe shock to global food prices lasting into 2028.As the Iran war pushes up world food prices to the highest level in three years, economists said supply chains faced “two shocks at once” stoked by extreme weather linked to global heating. Continue reading...

Rolling coverage of the latest economic and financial newsThe sudden appearance of Apollo on the scene follows multiple rounds of talks between easyJet and Castlelake. EasyJet had told investors earlier this week that it had reached an agreement in principle with the firm at £6.90 per share. Apollo has said today regarding its chunkier offer:EasyJet management’s operational and commercial ambitions can be substantially accelerated via the access to incremental capital and longer-term b

The supermarket’s central Europe stores may be sold as it doubles down on domestic dominance A couple of decades ago, Tesco was going to bestride the globe. Little ol’ UK, plus Ireland, didn’t offer enough room for the country’s biggest supermarket chain to expand, ran a theory that was encouraged from outside by complaints about a “Tescopoly”.“We are on the threshold of becoming one of the few successful international retailers,” declared Sir Terry Leahy, then the chief executive, in

Demonstrations at 18 sites set up as radical transformation plan put to board of Europe’s biggest carmakerVolkswagen’s proposal to slash up to 100,000 jobs and close factories faces a major test on Thursday as formal proposals are put to the supervisory board at Europe’s biggest carmaker, with protests planned at all plants in Germany.IG Metall, the influential staff union, has organised demonstrations involving shop stewards and union council members at 18 sites, including the company

Sony’s announcement spells the end of a whole ecosystem built by superfan collectors – and signals a troubling shift in the industryDon’t get Pushing Buttons delivered to your inbox? Sign up hereSony’s decision last week to quietly announce the end of physical games production for the PlayStation in 2028 is one of the most perfect PR disasters in recent gaming history – and considering what has been happening with Xbox, that’s saying something.First, there was the timing. Sony posted t