E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier

Acquisition would result in combined company serving about 9.6 million households if given regulatory approval

Advocates decry Trump’s plan to open 24m acres of federal lands to cattle grazing

Opponents say administration’s plan prioritizes big agriculture at expense of wildlife and protected species

Thinktank calls for ‘double lock’ England private rent cap to ease living costs

Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growth

Democrats are playing with fire in trying to reclaim tax cuts from Republicans

Senator Chris Van Hollen and other Democratic lawmakers are embracing a policy that hardly benefits the middle class

Can you move your pension to dodge inheritance tax? Fraudsters say so

Criminals exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings pots

Oil prices climb after Trump dismisses Iran’s response to peace plan

Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’

US Senate expected to confirm Kevin Warsh as next Federal Reserve chair

Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank

Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout

Airport reports 5% decline but transit passenger business rises as fliers use hub to avoid Middle East airports

UK savings: six traps to avoid when you’re finding a new deal

When fixed-rate accounts hit the end of their term, there are pitfalls to avoid when finding a new home for your cash

UK households bracing for new cost of living crisis, report finds

PwC survey reports fast fall in consumer confidence with people worried about Iran war’s impact on economy and personal finances

‘It’s like we went bankrupt overnight’: poorest Somalis suffer as piles of worthless shillings mount up

Banknotes are now so tattered that even buses refuse to accept them, as a dollarised economy and mobile phone payments push up the cost of essentials

Delayed Great British Railways’ first station to open at Cambridge South in June

Station will be first to be given full GBR branding and will directly link city’s Biomedical Campus to London, Brighton and Stansted airport

Europe should behave more like China does if it wants to survive this age of chaos

Instead of obsessing over rules that have ceased to matter, we must consider giving Beijing a dose of its own medicine, says Mark Leonard of the European Council on Foreign Relations

Full nationalisation of British Steel expected in king’s speech

Officials reportedly drafting legislation likely to safeguard Britain’s last blast furnaces and save thousands of jobs

Mike Ashley admits he was behind video that brought down JD Sports chair

Sports Direct founder says people in his employ recorded footage of Peter Cowgill meeting another retail boss