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’