UK government abandons energy ‘zonal pricing’ plan Plan to split country into pricing zones dropped in favour of ‘fair and affordable’ single national price
FTSE 100 share index hits record high as investors shrug off trade war fears – business live Rolling coverage of the latest economic and financial news, as Royal Mail’s delivery targets are relaxed.
Royal Mail gets go ahead to axe second-class post on Saturdays Deliveries will also alternate on weekdays as Ofcom says ruling reflects changing behaviour of users
Last orders: Pubs in Britain will close at rate of one a day in 2025, trade body warns The British Beer and Pub Association calls for help to cut pub costs with 378 pubs in England, Scotland and Wales likely to call time this year
Trump announces 50% tariff on Brazil, citing a ‘witch-hunt’ against Bolsonaro Latest threats heighten fears that the president’s erratic trade strategy risks exacerbating inflation across the US
As much as £5bn needed to revive UK’s struggling high streets, study finds Business rates cuts not enough as people in poorer areas simply ‘don’t have money to spend’, says Centre for Cities
Labour MPs alarmed by rise in sponsored events arranged by party Invitations for receptions sent from parliamentary office include ads for housebuilders and public affairs firms
People in the US: have you had any issues with canceling a subscription? We would like to hear from people in the US who have had difficulties when trying to cancel a subscription
Bank of England says UK banks can increase riskier mortgage lending; Nvidia becomes first $4tn company – as it happened Rolling coverage of the latest economic and financial news, as BoE recommends banks can issue more high loan-to-income level loans
People in the US: are you delaying major life decisions under Trump’s presidency? We want to hear about what big decisions people might be delaying under the Trump administration and why
Thames Water refuses to claw back bonuses paid using £3bn emergency loan Money was paid out from loan meant to stabilise firm’s finances weeks before it paused retention payments plan
Bank of England rolls out looser mortgage rules to help first-time buyers Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder
HS2 already billions over budget with work ‘just over halfway done’, says rail boss Total overspend on high-speed rail could be as high as 100%, Mark Wild, who runs the project, told MPs
Are BMA calculations that resident doctors need a 29% pay rise credible? The union bases its claims of a real-terms cut on the retail prices index – ditched as a national statistic in 2013
Undocumented builders face unchecked exploitation amid Trump raids: ‘It’s more work, less pay’ In a new series on undocumented workers, construction laborers talk about how fear is fueling wage theft and workplace abuse