Brent crude hits $116 a barrel as Trump threatens to ‘blow up’ Iran’s oilwells and export hub Investors nervous over escalation of Middle East conflict as US president says he wants to ‘take the oil in Iran’
Apple subsidiary fined by UK government over Moscow sanctions breach Apple Distribution International, based in Ireland, made payments worth £690,000 to a Russian streaming service
Mounjaro maker wants NHS drug price rises in return for more investment in UK US firm Eli Lilly, which is also pushing for end to rebate scheme, optimistic about talks with ministers
How could US forcibly reopen strait of Hormuz and what are the risks? US ground troops have arrived in Middle East but military options to open strait risk strong retaliation from Iran
Glasgow arts hub tenants condemn ‘unsustainable’ rent rises by landlord City Property, which manages buildings for council, accused of ‘coercive and unfair’ increases and issuing eviction notices
UK savers told to act now before Easter Sunday cash Isa deadline Interest rates as high as 4.45% and a steep cut in next year’s allowance fuel forecast of last-minute rush
Pessimism takes root in UK as shoppers struggle to afford essentials Millions are dipping into savings or borrowing to get by as the Iran war drives up prices, survey shows
Who are the Houthis – explained in 30 seconds Yemeni militant group is ally of Iran and has previously caused huge disruption to global trade through attacks on Red Sea shipping
Big retailers say UK jobs at risk from guaranteed hours reforms More than half of roles could be hit and young shop workers in particular could lose out, trade body warns
Millions of boomer small business owners will soon retire. Will their companies just disappear? It’s likely, but it also could be a boon for a new generation of entrepreneurs willing to take over established operations
One in five UK hospitality businesses fear collapse as costs surge Exclusive: Pubs, restaurants and hotels warn of mounting pressure days before rates rises and higher wage bills take effect
Oil on track for record monthly surge as Iran war disrupts markets Brent crude jumps 51% since start of March and gold suffers fifth-largest monthly fall in 50 years
War in Iran erodes the chancellor’s headroom and exposes the UK’s fragility Rachel Reeves boasts of the £23bn she has built up against her fiscal rules but now she – or any future steward of the economy – has little space to manoeuvre
HBO Max pins hopes on Friends and Harry Potter to win UK streaming war Warner Bros-owned brand’s late arrival to British TV prompts deals for viewers as battle for subscribers heats up
First sugar-free Easter on UK TV as chocolate ads are pushed past 9pm Ban on junk food adverts has cut advertising spend and prompted a debate over the policy’s impact