Subsidies for Rolls-Royce might seem a bit rich, but they are inevitable | Nils Pratley

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Liverpool’s wage bill increased by £42m to £428m in the year ending 31 May 2025, when a Premier League title triumph in Arne Slot’s debut season as head coach and a return to the Champions League increased revenue to a record £703m. The club’s wages-to-revenue ratio stood at a healthy 61%. It was the biggest wage bill in the division, ahead of Manchester City on £408m, and included bonuses for the record-equalling title triumph.

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This week it became clear just how badly Pakistan had miscalculated how it could rely on the Taliban, as Islamabad unleashed airstrikes in Afghanistan and troops from both countries fought each other on the border.

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