LT not working in new Outlook

Hello,

I can’t get LT to work in the version of Outlook I’m using. It’s on Windows 11, and the version number is:

Microsoft Outlook-Version: 1.2025.1111.100
Clientversion: 20251114001.20
WebView2-Version: 142.0.3595.94 (Stable)

Apparently I should see an LT icon in the toolbar, but I don’t. And whenever the Outlook window is active, the LT tray icon changes to the paused state (showing a || symbol within the icon):

image

Outlook is activated in the settings:

What could be the problem?