Crumbs! Biscuit museum’s Jaffa Cake display reignites old debate

Manufacturer sends pun-packed letter asking for exhibit to be removed, saying the clue to item’s status is in the name

US adds 147,000 jobs in June, surpassing expectations amid Trump trade war

Economists anticipated drop, but 8,000 new positions were added in June compared with May, with unemployment rate down to 4.1%

Reeves’s fearsome challenge: to balance backbenchers and bond markets

While the chancellor may have lost credibility among restive MPs, market moves suggest investors support her

Pound and UK bonds recovering after Starmer backs Reeves; US economy adds 147,000 jobs in June – business live

Rolling coverage of the latest economic and financial news, as economists predict that Wednesday’s sell-off has strengthened Reeves’s position

UK government bond markets rally after Starmer backs Reeves

Bond yields fall, reversing a sharp rise on Wednesday sparked by speculation over the future of the chancellor

Smaller firms to escape ‘burdensome’ Companies House filing rules

Exemption for businesses with turnover under £10.2m allowing simpler accounts to be submitted will be retained

P&O Ferries boss got pay rise of at least 55% after firing almost 800 workers

Delayed 2023 accounts show Peter Hebblethwaite was paid £683,000 despite public outrage over dismissals

Australia’s privacy watchdog warns ‘vishing’ on the rise as Qantas strengthens security after cyber-attack

Airline has not indicated whether customers will be compensated after the social engineering attack on a third-party system

EU closing in on ‘framework’ trade deal with US to avoid Trump’s 50% tariffs

Diplomats and officials say bloc willing to accept 10% tariffs, but talks may go down to wire before Wednesday deadline

UK rail regulator rejects Virgin’s bid for west coast mainline route

ORR rebuffs bids from three companies and says additional services would increase risk of delays and cancellations

‘It’s harsh. It’s mean, brutal’: Trump bill to cause most harm to America’s poorest

President embraces Robin-Hood-in-reverse policies to benefit wealthiest and hurt those earning under $50,000

Currys boss urges government not to raise taxes on retailers

Alex Baldock says prices would increase further, as chain posts 37% rise in profits

In an age of failing economies and a populist backlash, I’ll tell you what we need – Marxism

The corporations would asset-strip our brains, but we can take back control, says economist and former finance minister Yanis Varoufakis

Nearly 1,000 Britons will keep shorter working week after trial

All 17 businesses in six-month pilot to continue with either four-day week or nine-day fortnight

Capital gains for the rich and persistent gender pay gaps: what we can learn from the ATO’s annual tax statistics

Data shows negative gearing remains the favourite of high-income earners, while most Australians’ super balances fall short of what is needed for a ‘comfortable retirement’