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Ukraine fails to reach deal with investors to restructure $2.6bn of debt

Planning bill would allow builders to ‘pay cash to trash’ nature, say UK experts
Exclusive: plan to let firms sidestep environmental laws by paying into nature levy would add cost and delay, says letter to MPs
Leading economists, former government advisers and ecologists are calling for a key section of the government’s planning bill to be changed because it creates a “licence to kill nature”.
Sir Partha Dasgupta, professor emeritus of economics at the University of Cambridge, ecology professor Sir John Lawton and Dr Tom Tew, a former chief scientist of Natural England, are among the signatories to a letter to MPs which warns them to ignore government slogans and false rhetoric about nature and wildlife being a block to growth.

Revolut profits surge above £1bn on crypto trading boom

Thursday briefing: Rachel Reeves heads to Washington in pursuit of a trade deal – will she get one?
In today’s newsletter: The chancellor faces a pivotal moment in the US as she navigates high-stakes negotiations with the Trump administration
Good morning. I’m Annie Kelly, I’ll be bringing you First Edition alongside Archie for the next few weeks.
It’s probably fair to say the annual spring meeting of the International Monetary Fund (IMF) has not traditionally been an event high on drama. Not so this year, as Rachel Reeves and her fellow finance ministers from around the globe have been blown into Washington DC on the chilly winds of global economic chaos caused by Donald Trump’s “America First” economic policies, pithily described in a recent Guardian leader as “part oligarchic enrichment scheme, part mobster shakedown”.
Ukraine | At least nine people have been killed and more than 60 wounded in a “massive” missile attack on Kyiv, according to Ukraine’s state emergency service. It is among the deadliest attacks on the capital of the three-year war.
Labour | Keir Starmer is under pressure from more than 60 Labour MPs to allow thousands of young Europeans to live and work in the UK, a move seen as key to unlocking a more ambitious trade reset with Brussels.
Health | Adults with severe peanut allergies can be desensitised by daily exposure, according to the first clinical trial of its kind. After being given steadily increasing doses of peanut flour over a period of months, two-thirds of the trial participants were able to eat the equivalent of five peanuts without reacting.
NHS | NHS staff are so tired they are dying in car crashes and posing a major threat to patients, the service’s safety watchdog will warn on Thursday. Fatigue among frontline personnel causing them to make mistakes is a “significant” risk to patients, according to the Health Services Safety Investigation Body (HSSIB).
Music | Oasis fans have collectively lost more than £2m to scams since tickets for its reunion tour went on sale last year, a major bank has estimated. Lloyds Banking Group based the calculation on the volume of fraud reports made by its own customers. Oasis fans make up more than half (56%) of all reported concert ticket scams so far this year, losing £436 on average.
