Oxford Street will be pedestrianised as soon as possible, says London mayor Sadiq Khan says regeneration plans for central London shopping street have received ‘overwhelming support’
Trump says UK is protected from tariffs ‘because I like them’ as trade deal is signed off UK aerospace sector will face no tariffs from the US while auto industry lowered to 10% from 25%
Nationwide draws up bonus plan that could give CEO £7m payday Building society criticised for proposal that will be voted on next month but says it is prioritising member value
Metro Bank sobers up and attracts a suitor A lift in share price shows the market expects a deal, but Metro v 2.0 doesn’t need to jump at a takeover at any price
FTSE 100 closes near record high, and oil price falls, on reports Iran seeks talks with Israel – as it happened Rolling coverage of the latest economic and financial news
Iran and Israel crisis: what does it mean for the price of oil? Banks and forecasters say price trajectory will depend on how far the military and humanitarian crisis escalates
MI6 has appointed its first female leader. What took it so long? From politics to business, the determination to exclude women is purely emotional – a fact that remains as unspoken as it is obvious, writes Zoe Williams
Middle East crisis risks igniting inflation. Here are the markets to watch out for in Australia Interest rate cuts still likely, experts say, but oil and gold prices are up and the share market is likely to remain volatile
Air India plane crash: investigators to examine pilots’ voice recordings Second black box from flight AI171 was found on Sunday, days after disaster in which at least 279 people died
Israeli stands at Paris airshow shut down ‘by order of French government’ Four booths hidden from view, prompting fury from Israel’s defence ministry and visiting US Republicans
British Steel’s Chinese owners weigh attempt to recover millions in debts Jingye Group thought to have engaged PwC as advisers after government took over UK company’s operations
Metro Bank shares surge on talk of private equity takeover Potential uncertainty for customers and staff as Shawbrook owner Poll Street Capital sounds out bank’s bosses
UK petrol prices poised to rise as Israel-Iran conflict pushes up cost of oil Brent crude falls by 3.4% late on Monday amid reports of potential talks to end the hostilities
Jaguar Land Rover warns that Trump tariffs will hit profits Shares in parent company Tata Motors fall as JLR says it will reallocate vehicles to ‘accessible markets’
Bank unveils green loans plan to unlock trillions for climate finance IADB’s proposals involve lenders using public money to buy up renewable energy loans in poor countries