Reinstate windfall tax on banks after surge in profits, TUC urges
Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter
Rubio insists US is ‘very fortunate’ as Iran war pushes gas price near $4.50
US secretary of state says US is better off than other countries hit by disruption in oil supplies
Lawsuit claims New York Times didn’t promote white male editor because of race or sex
US Equal Employment Opportunity Commission files suit claiming newspaper passed over employee due to ‘diversity aspirations’
Two million airline seats cut amid soaring jet fuel prices
Rescheduling in May could be followed by summer cancellations as Middle East war continues to disrupt fuel supplies
Stock markets are wobbling, but £10bn cash bids at fat premiums can still happen
A Swedish firm’s pursuit of the product testing company Intertek suggests investors’ price expectations are yet to be shifted by the Iran war
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UK 30-year borrowing costs hit highest since 1998 amid oil price surge and political uncertainty – as it happened
Long-term UK borrowing costs hit 28-year high on expectations of higher inflation, and speculation that local elections could prompt leadership challenge
UK homebuyers face worst mortgage affordability since 2008, data shows
‘Least affordable’ areas mainly in London commuter belt, UK Finance finds, with data not taking Iran war into account
World ‘unprepared’ for next pandemic as countries fail to agree on sharing information, tests and vaccines
Finalisation of pact governing global response to disease outbreaks delayed as talks on how to share benefits stall
Rachel Reeves and Scott Bessent argued in person about Iran war, sources say
UK chancellor said to have told US treasury secretary she did not like his tone during meeting in Washington in April
HSBC profits fall amid $400m fraud-related charge and Iran war
London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflict
New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998
Inflation fears fuelled by Iran war and renewed uncertainty over Starmer’s leadership prompt bond sell-off
UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’
BEV sales jumped nearly 60% in April, taking total electric car registrations to more than 2m, says SMMT
Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault
In sobering comments, the RBA governor forecasts economic malaise due to the global fuel shock. Not recession but higher prices, lower growth and wages that don’t keep pace with inflation
Vodafone to take full control of UK mobile operator in £4.3bn deal
Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolio