Bank of England rate-setter plays down inflation fears; three UK gas firms fined £8m for callout failings– business live Bank of England policymaker plays down inflation risk but says he is ‘pretty concerned’ about the economic outlook
Three gas firms fined £8m by Ofgem for being too slow to attend leaks Watchdog says fines reflect ‘potentially serious risk to the public’ because of missed callout targets
Trump attacks judges who ruled against him on tariffs and praises ‘terrific’ Musk before Doge exit – as it happened President baselessly suggest judges blocked tariffs – a ruling subsequently paused by appeals court – because of ‘hatred’
Trump news at a glance: tariffs reinstated, for now, after rollercoaster of court decisions Appeals court grants temporary stay of ruling that blocked tariffs as president’s allies rail against major blow to signature policy – key US politics stories from Thursday at a glance
Trump wins temporary reprieve as he fights against court block on tariffs US president rails against judges who ruled against him as appeals court grants pause until challenge is heard
Bank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact Andrew Bailey says Brexit was not ‘wrong’ but welcomes the UK’s efforts to reset relations with the bloc
Federal Reserve issues rare statement asserting independence amid Trump pressure Central bank emphasizes nonpartisan role in brief memo after chair Jerome Powell meets with US president
Michael O’Leary to get €100m bonus under deal to keep him at Ryanair Payout is criticised as ‘morally questionable’ and an inefficient way of sharing company wealth
BA and Pizza Express among companies that failed to pay minimum wage More than 60,000 workers have received back pay worth £7.4m from 518 employers after HMRC investigations
UK’s shift on car sales rules may lead to higher emissions, says statutory adviser Up to 500,000 more plug-in hybrids could be sold because of government flexibility on the zero-emission mandate
Trump tariffs derailed by law firm that received money from his richest backers Previous backers of libertarian Liberty Justice Center include billionaires Robert Mercer and Richard Uihlein
Virgin Media O2 mobile users’ locations exposed for two years in security flaw Most precise tracking was in cities, where mobile masts cover areas as small as 100 square metres
Sidi Ould Tah named African Development Bank president Mauritanian economist who led Arab Bank for Economic Development in Africa will succeed Akinwunmi Adesina
Team Keir latch on to lifeline thrown by Nige the narcissist Starmer throws down the speechlet after Farage strays off-piste with ‘Truss-style’ economic plans
‘Trump always chickens out’: Taco jibe ruffles president’s feathers Wall Street is increasingly betting that Trump will blink first in the tariffs stand-off