There hasn’t been a ‘big chancellor’ since Osborne: IFS chief gives final mark

As he steps down after 14 years, Paul Johnson says politicians and voters refuse to accept economic tradeoffs

Impose unlimited fines on unsafe-cladding firms, report says

Exclusive: Thinktank calls for stronger penalties for corporate negligence in England, including directorship and public-contract bans

M&S ‘praying for sun’ but full recovery from cyber-attack unlikely this summer

Shoppers report low availability as retailer prioritises clothing in partial resumption of online services

Is the ocean ‘having a moment’? This was the UN summit where the world woke up to the decline of the seas

A slew of global leaders met in the south of France to discuss the future of the oceans. There was ‘momentum’ and ‘enthusiasm’, but there were critical voices too

Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran

Brent crude hits highest level since April while airline shares slide amid escalation of conflict in Middle East

Oil surges after Israel’s attack on Iran, risking ‘stagflationary shock’ – as it happened

Rolling coverage of the latest economic and financial news

Boeing experts and UK and US aviation officials join Air India crash investigation

Unexplained descent of Boeing 787 before deadly crash has cast fresh shadows over US aircraft manufacturer

Tui says ‘overtourism’ is fault of short-term let companies not hotel industry

Travel operator hits back at Airbnb’s claim that it is being made a ‘scapegoat’ for problems in some holiday hotspots

‘Transformative’: the UK lab working on a way to halt genetic type of dementia

AviadoBio’s breakthrough therapy hopes to stop progress of FTD, which is usually diagnosed in people under 65

P&O Ferries hires tiny four-person accounting firm to replace KPMG

Move raises questions over governance of ferry company and ‘auditor independence’ of accounting firm

Credit Suisse was ‘warned’ about Greensill three years before firm collapsed

Anonymous messages questioned judgment of senior managers in dealing with Greensill, says Swiss regulator

Does Labour’s spending review signal a return to austerity?

Rachel Reeves is increasing overall budgets after deep Tory cuts, but some departments face bigger spending cuts than others

Demob-happy IFS director tears into Rachel Reeves’s spending review

Blistering analysis by outgoing chief concludes chancellor likely to end up ‘gnat’s whisker’ away from tax rises

Dollar slides to three-year low while FTSE 100 hits record high

Investors turn away from weakening US economy and erratic policy after Trump repeats tariff threats

First crash of Boeing’s 787 model comes weeks after $1.1bn 737 Max payout

Air India tragedy comes after Boeing agreed US justice department payment to avoid prosecution over 2018 and 2019 crashes