Business
Germany bans phone-in sick notes: workers must see a doctor on day one
German employees will be required to visit a doctor in person and obtain a sick note on the first day of illness, under tough new rules unveiled by Chancellor Friedrich Merz as part of a sweeping package to revive the country’s stagnant economy.
The measure scraps the current system, under which workers could secure a certificate over the phone and did not need one at all until their third day off. It is a marked contrast with Britain, where employees can self-certify for a full seven days before a fit note is required.
“The number of sick days is too high,” Merz told journalists. “We are creating a set of tools that will enable those involved, both employees and companies, to correct this. We know this is a tough decision. But we can no longer afford the competitive disadvantage caused by prolonged absences from work.”
Germans take an average of roughly 15 working days of sick leave a year, according to figures from the Federal Statistical Office, lower than France and most Nordic countries but well above Sweden, the Netherlands, Denmark, Poland and Italy. By comparison, the latest Office for National Statistics data shows around 149 million working days were lost to sickness or injury in the UK last year, some 2 per cent of all working hours, or just over four days per worker. British absence rates have nonetheless been climbing, with UK sick days recently hitting a 15-year high, driven in large part by mental health conditions.
While employers’ groups welcomed the German move, it has infuriated the country’s powerful trade unions. Frank Werneke, head of the services union Verdi, accused Merz of fostering “a culture of distrust of employees”.
Doctors are equally unimpressed, warning the requirement will overwhelm general practice with appointments that serve no clinical purpose. “Our practices would be flooded with patients who don’t need in-person care and would be better off in bed,” said the German Association of Family Physicians, which branded the measure “an absolute catastrophe”.
The sick note crackdown forms part of a broader reform programme negotiated between Merz’s centre-right Christian Democratic Union and its coalition partner, the centre-left Social Democrats. Alongside a promised bonfire of red tape, the retirement age could rise gradually from 67 to as high as 70 in the coming decades, while tax cuts for lower and middle earners will be funded by higher rates on incomes above €250,000 (£215,000).
For UK business owners watching from across the Channel, the episode is a reminder that absence management remains a live policy battleground, and that handling staff sickness fairly and lawfully is as much about trust and process as it is about cost. It also underlines how seriously Germany’s slowdown is being taken in Berlin: sluggish growth in Europe’s largest economy is one of the factors expected to shape the continent’s economic pecking order through 2040.
Carsten Brzeski, an economist at Dutch bank ING, said the reforms were overdue but should not be oversold. “It may have taken longer than many hoped, but Germany’s long-awaited summer of reforms has finally arrived,” he said. “It is not a package that will morph a stagnating economy into a booming economy overnight. But it is a package that could create the preconditions, the framework, for future growth.”
Business
Amazon Leo satellite broadband set for UK launch in 2026
Amazon has passed the milestone it needed to switch on its long-awaited Leo satellite broadband service, deploying enough satellites to begin initial coverage later this year, with the UK confirmed among the first wave of markets.
The breakthrough came in the early hours of 2 July, when a United Launch Alliance Atlas V rocket lifted 29 satellites into orbit from Cape Canaveral, the final Atlas V mission in Amazon’s launch programme. The flight took the constellation to 396 spacecraft, tying the record for the heaviest payload the veteran rocket has ever carried.
Chris Weber, vice president of Amazon’s Leo business, said the constellation was now large enough “to support continuous service across initial latitudes”. He added: “Still lots of work ahead, including raising all these new satellites to their assigned altitude, but we’ve completed enough launches for initial service this year, and future missions just add coverage and capacity.”
For Jeff Bezos’s answer to Elon Musk’s Starlink, the announcement marks the end of a lengthy and at times fraught deployment phase. Amazon, which rebranded the project from Kuiper to Leo last year, holds FCC authorisation for a constellation of around 3,236 satellites and had faced a regulatory deadline to orbit half of them by mid-2026, though the US regulator has since shown flexibility on timing, according to CNBC.
What it means for UK businesses
An enterprise and government preview has been under way since late 2025, but the consumer rollout is targeted for mid-to-late 2026 in priority markets including the UK, US, Canada, France and Germany. Britain’s early place in the queue owes much to Ofcom approval already being in place, though coverage will initially be limited to certain latitudes and broaden as more satellites launch. Full availability could stretch into 2027 depending on the pace of deployment.
The service is designed to deliver speeds from 25Mbps up to 400Mbps and beyond, with gigabit-capable terminals using advanced phased-array antennas, and latency low enough for video calls and streaming. Beyond fixed home broadband, particularly for rural and underserved parts of the UK, Amazon is targeting portable connections, in-flight Wi-Fi through partnerships such as its JetBlue deal, and enterprise and government applications. Customer terminals are in testing, and would-be users can join the waitlist at leo.amazon.com.
An uphill battle against Starlink
Amazon enters the market a long way behind. Starlink has thousands of satellites in orbit, millions of customers worldwide and a growing UK footprint, having recently undercut BT with £35-a-month broadband and secured new Ofcom spectrum licences to expand capacity at its British ground stations.
Even so, the arrival of a deep-pocketed second player should be welcome news for the estimated hundreds of thousands of UK premises still beyond the reach of full-fibre networks. Competition on price, hardware and service quality has been conspicuously absent from the satellite broadband market to date, and Amazon’s entry, backed by its logistics, retail and AWS cloud infrastructure, is the first credible challenge to Starlink’s dominance.
For rural firms weighing up connectivity options, the sensible play is to watch how the initial rollout performs. Timelines in the satellite business have a habit of slipping, but for the first time the UK is months, not years, away from a genuine two-horse race in the sky.
Business
Paul Pelosi faces hit-and-run charge after striking parked vehicle in California, media reports say

Paul Pelosi faces hit-and-run charge after striking parked vehicle in California, media reports say
Business
Dell announces $250 investment for millions of children through Trump Accounts
Siebert Financial CIO Mark Malek breaks down the benefits of ‘Trump Accounts’ on ‘The Claman Countdown.’
In an Independence Day announcement, tech billionaire Michael Dell and his wife Susan unveiled a “public-private partnership” aimed at giving millions of young Americans a direct financial stake in the nation’s economy.
The Dell Technologies CEO took to X on Saturday to announce they are giving $250 each to the first 25 million qualifying American children who sign up for “Trump Accounts.”
“This makes every child a shareholder in the greatest prosperity-creating engine the world has ever known — American capitalism,” Dell wrote in an X post. “Through this public-private partnership, we’re giving the next generation a real stake in our economy and a path to the American Dream: education, a first home, starting a business, and building lasting wealth.”

The Trump Accounts app will feature eight exclusive financial literacy modules. (U.S. Department of the Treasury / Fox News)
WHITE HOUSE UNVEILS TRUMP ACCOUNTS MOBILE APP AHEAD OF JULY 4 ROLLOUT
The announcement coincides with the official Fourth of July launch of Trump Accounts, a provision of new tax legislation designed to give young Americans a financial head start.
Under the program, which was announced one year ago, every U.S. citizen born between Jan. 1, 2025, and Dec. 31, 2028, is eligible to receive a $1,000 government-provided baseline investment upon enrollment.
Parents can register their children for the program when filing their taxes, acting as sole custodians of the account until the child turns 18.

FILE – President Donald Trump speaks during the Trump Accounts Launch Summit in Washington, D.C., in January. (Valerie Plesch/Bloomberg via Getty Images / Getty Images)
HOW TO KNOW IF YOUR CHILD QUALIFIES FOR A TRUMP ACCOUNT: ‘A FINANCIAL STAKE IN THE FUTURE’
While no personal contributions are required, parents have the option to deposit up to $5,000 per year, which is then invested directly in American companies in the stock market.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DELL | DELL TECHNOLOGIES INC. | 394.32 | -30.93 | -7.27% |
President Donald Trump projected the program will put $3 to $4 trillion of wealth into the hands of young Americans over the next 15 years.
“Decades from now, I believe that Trump Accounts will be remembered as one of the most transformative policy innovations of all time,” Trump said during the program’s announcement.

FILE – Sen. Ted Cruz, R-Texas, speaks during an announcement with Dell Technologies CEO Michael Dell and his wife, Susan, and President Donald Trump about “Trump Accounts” at the White House in 2025. (Andrew Caballero-Reynolds/ AFP/Getty Images / Getty Images)
Dell, who had previously pledged more than $6 billion to the program, said the initiative “unites us all in hope and optimism for every child’s future.”
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The combined launch of the government initiative and the Dells’ private contribution has drawn widespread praise, with Sen. Ted Cruz, R-Texas, lauding the effort on Saturday as “an extraordinary birthday gift to celebrate the greatest nation in the history of the world.”
Business
Death toll from Venezuela quakes rises to 2,954

Death toll from Venezuela quakes rises to 2,954
Business
Ukraine’s Zelenskiy says he spoke to Trump, calls for ’American resolve’ to help end war

Ukraine’s Zelenskiy says he spoke to Trump, calls for ’American resolve’ to help end war
Business
Goldman revises its USD/JPY forecasts. Here are the new targets

Goldman revises its USD/JPY forecasts. Here are the new targets
Business
Masked Patriot Front white nationalists stage July 4 march through DC

Masked Patriot Front white nationalists stage July 4 march through DC
Business
US VP Vance says Britain has been failed by leaders, hopes next PM delivers change

US VP Vance says Britain has been failed by leaders, hopes next PM delivers change
Business
Eating champion Joey Chestnut defends title but blames heat for lower hot-dog tally

Eating champion Joey Chestnut defends title but blames heat for lower hot-dog tally
Business
Lili Turns Idle Cash Into Up to 4% APY for Small Businesses

Lili Turns Idle Cash Into Up to 4% APY for Small Businesses
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