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A group of 32 former UK ambassadors and high commissioners has urged the UK government to take action against companies bidding to build an illegal Israeli settlement in the West Bank. The planned E1 settlement, which would involve the construction of 3,400 houses on "Palestinian soil," is part of Israel's "systemic West Bank annexation."The letter, published in the Guardian, calls for a UK trade ban on settlement products and services, as well as "suspending trade concessions with Israel for its breach of the human rights provision in the UK-Israel trade and partnership agreement."The E1 plan, which has been on hold for two decades, poses an "existential threat" to the future of the two-state solution. Critics argue that it would extend the existing Jewish settlement of Ma'ale Adumim towards Jerusalem, further cutting occupied East Jerusalem from the West Bank, and further separating the north and south of the territory.Keir Starmer has stated that the Israeli settlements, including the E1 settlement, are a "flagrant breach of international law" and threaten the viability of a two-state solution. The UK government has recommended that "settlement products are labelled so that consumers are informed."The letter calls for Britain to lead the way in taking action against the Israeli settlement plans. "Britain is ideally fitted, both by that decision and its historic responsibilities in the region, to give a lead to like-minded European and Commonwealth partners," it states.

The World Trade Organization (WTO) has convened a critical meeting in Yaounde, Cameroon, against a backdrop of global economic turmoil and rising protectionism. The organization is facing the threat of a 'disorderly collapse' if it fails to strike a new deal on global trade rules.WTO Director-General Ngozi Okonjo-Iweala warned that the old 'world order' is not returning, following a year of turmoil marked by US President Donald Trump's aggressive trade policies, including sweeping tariffs.“We will not get it back … We must look to the future,” Okonjo-Iweala said, emphasizing the need for a new approach. The global trading system is experiencing the 'worst disruptions in the past 80 years'.The US Trade Representative, Jamieson Greer, defended Trump's policies, stating that they were a 'corrective response' to a trading system that had overseen 'severe and sustained imbalances'. Greer argued that the 'new world order' would involve agreements between smaller groups, rather than waiting for consensus on a 'lowest common denominator'.The US is critical of the WTO's 'most-favoured nation' (MFN) principle, which governs 72 percent of global trade. China, however, defended the system, warning that abandoning MFN would open a 'Pandora's box'.The European Union signaled its desire to rethink MFN, citing concerns about China. UK Trade Minister Chris Bryant warned of potential fragmentation if no deal is reached on reforms, stating that ministers must 'get this week right' to avoid a 'disorderly collapse of the WTO'.

The UK government has rejected a call from the Offshore Energies UK trade body to boost North Sea oil and gas production, despite warnings that the UK will become increasingly reliant on imports at a time of rising global instability.The industry group has urged the government to take action to slow the decline of the North Sea as a provider of energy, citing concerns that consumers will be left more exposed to global volatility and higher emissions if domestic production is not increased.The warning comes as the war in the Middle East has triggered the biggest oil and gas supply shock in the history of the market, causing UK gas prices to more than double in under a month.A government spokesperson said that issuing new licences to explore new fields cannot guarantee energy security and will not reduce bills, adding that the only way to truly protect against price spikes is to get off the rollercoaster of fossil fuel markets.The decline of the North Sea oil and gas basin means that the UK's reliance on gas imports is likely to increase sharply from about 14% last year to more than a quarter of its gas supply by 2030, and almost half by 2035.David Whitehouse, the chief executive of Offshore Energies UK, argued that energy security means backing homegrown oil and gas alongside renewables, and that a stable new tax regime for the industry is essential to reduce reliance on volatile imports and protect skilled jobs.