MIDWEEK UPDATES 

  • 🛒 Asda-owner nears £600 million loss: TDR Capital’s supermarket group saw sales plunge and debt costs soar, resulting in a near £600 million loss last year.
  • 🇺🇸 King invites Donald Trump for full state visit: Buckingham Palace confirmed a second state visit for Trump this September—an unprecedented repeat—after Sir Keir reportedly fast‑tracked the invitation.
  • 🎓 Graduates hit hardest by tough job market and AI: UK university leavers face the most challenging employment conditions since 2018, with job postings down 33% year‑on‑year, and employers increasingly using AI to cut costs.

🛡️ Starmer sends £70 million-worth of missiles to Ukraine: Prime Minister Keir Starmer will send 350 ASRAAM air‑defence missiles to Ukraine, financed by interest on £70 million in frozen Russian assets—a first for UK weapon funding.

🇬🇧 Monday Morning Mood: Global Crisis As Trump Takes US Into Israel War 

Monday’s UK news is focused on the Middle East crisis after Donald Trump took the United States into Israel’s war with Iran on Saturday. 

There’s some coverage of weight loss jabs being available on the NHS and government plans to lower energy costs for businesses (set to be announced later on Monday) – but otherwise it’s all focused on the global crisis and what might happen to America’s allies. PM Keir Starmer has called for calm, asking Iran to not retaliate to the attack.