Saba’s invitation to a mystery tour gets a thumbs-down at Herald. Good The other six trusts being pursued by the New York hedge fund will be encouraged by the high shareholder turnout
Davos day two: Spain’s PM warns tech billionaires threaten democracy; Jamie Dimon says ‘get over’ Trump tariffs – as it happened Rolling coverage of the second day of the World Economic Forum in Davos, as Pedro Sanchez blasts social media owners for harming democratic systems
‘Weather bomb’ causes fall in UK wholesale energy prices Gusts of up to 80mph may bring disruption but also a surge in cheap wind power after days of near-zero output
UK borrowing jumps unexpectedly, adding to pressure on Rachel Reeves Increase to £17.8bn is well above City forecasts and is highest December figure for four years
Rachel Reeves denies Labour hindering consumer interests in car loans scandal Chancellor under pressure from lenders and lobbyists that say huge compensation bill could harm motor finance market
Reeves says growth eclipses net zero as Heathrow runway decision looms Chancellor hints in Davos she intends to reaffirm backing of airport expansion despite climate concerns
Salzburg loses exclusive claim to famous Mozart chocolates Austria’s souvenir Mozartkugeln will no longer be made in composer’s home city after factory bankruptcy
Keir Starmer urged to push for Ukraine to get $300bn of frozen Russian assets Financier turned activist Bill Browder says Russia will make gains that spark refugee crisis if US military support dries up
Adele blighted sale of former West Sussex home by calling it ‘scary’, says vendor Adele rented Grade II-listed house for six months and is named in planning document as owner says he can’t find buyer
Misleading fear campaigns may kill Labor’s superannuation changes. But here are the real numbers Increasing the tax rate on superannuation balances above $3m would affect less than 1% of the population – and yet it is still unlikely to pass
Nick Clegg defends Meta’s removal of Facebook and Instagram factcheckers Executive tells WEF in Davos the sites will still have ‘the industry’s most sophisticated community standards’
Fast-food chains claim raising the minimum wage ‘hurts everyone’. California workers disagree After the state hourly minimum wage increased to $20 in April, CEOs warned of price rises and job cuts – yet staff say ‘that’s a lie’
Trump threatens 10% tariff on China and considers EU levy Yuan and Chinese stocks fall despite suggestion of lower tariff than president mentioned during campaign
World’s addiction to fossil fuels is ‘Frankenstein’s monster’, says UN chief António Guterres issues warning at Davos, days after Donald Trump pulled US out of Paris climate agreement
UK to review visas to entice more AI and science workers, says Reeves Chancellor says she ‘absolutely’ supports wealth creation at World Economic Forum in Davos