Wall Street hits record high on trade deal hopes; UK car exports to US halve due to tariffs – as it happened
Rolling coverage of the latest economic and financial news
Barclays and Jes Staley face fresh lawsuit in US over Epstein link
Judge rejects former CEO’s request to dismiss case, paving the way for class action involving chair Nigel Higgins
Superdrug to add 25 stores as demand for weight loss drugs soars
Demand for beauty products by gen Alpha customer base also behind retailer’s expansion after tough times
US reaches deal with China to speed up rare-earth shipments, White House says
China confirms details amid efforts to end trade war but reiterates it will continue to approve export permits
Rising poverty in conflict zones ‘causes a billion people to go hungry’
In first assessment since pandemic in 2020, World Bank urges other countries to step up support
Reeves expected to freeze income tax thresholds to raise fresh funds
Government’s U-turn on welfare cuts leaves chancellor with a growing hole in her budget
Suspend UK from oil oversight body over protests crackdown, say campaign groups
Groups question UK membership of Extractive Industries Transparency Initiative after actions of successive governments
EU retaliation against Trump drug tariffs would be bad idea, says industry
European pharmaceutical body says it would be ‘negative for both sides’ if Brussels hits back on threatened US levies
Period drama: Here We Flo pulls ‘plastic-free’ pledge amid row over green claims
Sustainable period care brand says report from rival Mooncup is flawed and contains inaccuracies
Nike expects Trump tariffs to cost it $1bn
Sportswear company to reduce manufacturing in China to soften the impact of US trade policies
Sky sells German pay-TV business to RTL for €150m
Parent company Comcast had been trying to offload lossmaking Sky Deutschland for a number of years
EU ready for trade deal with US but ‘all options on the table’, says von der Leyen
European Commission president says EU will ‘defend the European interest as needed’ as Trump threatens 50% steel tariffs
Local bus services in England still declining despite investment – report
National Audit Office questions viability of many routes, with half of all operator income from public subsidy
People dying early of cancer costs UK economy £10.3bn a year, study finds
Cancer Research UK says this is more than any other health condition and 350,000 years of productivity are lost
Office for National Statistics has ‘deep-seated’ problems and needs an overhaul
Devereux Review on the UK’s main statistics body also says a revision of past figures may be required