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UK households cut back spending at fastest rate in 16 months, Barclays says

Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war fallout

British Steel nationalisation: what went wrong, and what happens now?

Keir Starmer’s plan for full state ownership marks latest chapter in Scunthorpe plant’s troubled history

Iran war oil shortage forces Japan snack giant to use black-and-white packaging

Calbee to switch its brightly coloured packaging to black and white because war has disrupted supply of certain raw materials used in ink

BuzzFeed sold to Byron Allen, who will take over as CEO in $120m deal

Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to come

British Steel: more questions than answers on the future

Hard decisions over a possible sale and future subsidies loom now full nationalisation is on the cards

UK government borrowing costs rise as Starmer ‘fails to reassure bond markets’ – as it happened

Yields on 10- and 30-year British government bonds have risen today, as investors digest possibility of leadership challenge

AI-powered hacking has exploded into industrial-scale threat, Google says

Criminal groups and state-linked actors appear to be using commercial models to refine and scale up attacks

UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

Bond yields creep higher on concerns about potential for political instability and rising inflation

Ofcom to investigate GB News over second airing of Trump interview

Regulator initially declined to investigate but now says it is looking into repeat broadcast from day after first showing

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’

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