US manufacturers hurt by Trump trade war; pound near three-year high against dollar – as it happened Rolling coverage of the latest economic and financial news
Gina Rinehart helped Liberals raise nearly $400,000 at exclusive dinner that led to wrongful dismissal claim Victorian Liberal party embroiled in dispute as Fair Work Commission accepts submission from sacked event organiser
M&S boss’s pay package soared to £7.1m weeks before cyber-attack Stuart Machin received 39% bump for year ending March thanks to sharp rise in performance-linked bonuses
Ex-minister Greg Hands to advise Royal Mail buyer Daniel Křetínský Former Tory MP will work with Czech billionaire’s EP Group in the UK and Germany
Facebook and Instagram owner Meta to enable AI ad creation by end of next year Move sends shock waves through traditional media industry by posing threat to advertising agencies
Drugmaker Indivior to abandon London listing amid exodus of companies Firm behind opioid addiction treatment drugs quits London Stock Exchange after moving primary to US last year
Report casts doubt on Labour’s ability to hit affordable housing target Exclusive: Chancellor urged to increase funding as study suggests government has overestimated its housebuilding figures for England
Former bosses at video games firm Ubisoft on trial in France accused of sexual harassment Allegations against three former executives include bullying and assault as Assassin’s Creed maker faces #MeToo moment
On the right track: the record label reaching out to Cameroon’s street talent Born in Douala prison and hailed for helping young people stay out of trouble, the success of Jail Time Records has persuaded Burkina Faso to let the label branch out there
China accuses US of ‘seriously violating’ trade truce Beijing says it will safeguard its interests after Donald Trump claimed it had ‘totally violated’ agreement
Vodafone vows to invest more than £1bn in a year as it seals Three UK merger Telecoms groups’ £16.5bn tie-up will create largest mobile network in UK with more than 27 million subscribers
Calls for Drax to be forced to fully disclose its biomass sourcing Campaigners say the publication of key KPMG report must be a condition to MPs extending subsidies scheme
High electricity bill taxes holding us back, say industry groups Make UK tells government that prices threaten to derail industrial strategy as Energy UK calls for charges to be ‘rebalanced’
Labour pushes ‘military Keynesianism’ to win support for defence spending Government argues investment creates skilled jobs, but others say spending elsewhere would have more impact
Starling pays out fivefold bonus sum despite FCA fine and Covid loan errors Staff get £24.6m after year in which bank was penalised for ‘shockingly lax’ controls and profits fell 25% to £223m