Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election Kevin Warsh says ‘we need to take politics out of monetary policy’ as Elizabeth Warren calls him Trump’s ‘sock puppet’
The Guardian view on the true cost of the Iran war: bombs kill – but so does the economic fallout Editorial: There is growing international concern as the fragile two-week ceasefire reaches its Wednesday deadline. Whatever happens next, the poor will pay
Four key takeaways from Apple’s change of leadership Analysts say net boss John Ternus should diversify tech giant away from iPhones and raise its game in AI
Miliband’s ‘break the link’ plan is not a magic formula for lowering energy bills The government’s plan to de-link gas and electricity prices will have a modest effect – more promising are plans on EVs and heat pumps
Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms Ministers also asked to alter compensation rights and suspend emissions trading scheme amid Middle East war
Shake-up will help UK motorists without driveways to charge EVs Green light likely for law allowing automatic approval for pavement ‘charging gullies’ to help boost EV take-up
Why are UK electricity prices linked to gas – and what does it mean for bills? Government has shaken up the way electricity is priced as British costs are among the highest in the world
Carney names broad team to advise on tense US-Canada trade talks Conservatives and former provincial premiers among those PM names to advisory committee on economic relations
Welsh farmers launch landmark claim against ‘intimidating’ pylon firm About 500 farmers challenge Green Gen Cymru in high court over alleged disregard for landowners and biosecurity
Wage growth hits lowest level since November 2020; Rachel Reeves will not take ‘knee jerk’ action on Iran war – as it happened Rolling coverage of the latest economic and financial news
UK unemployment shows surprise fall to 4.9% as pay growth drops to lowest in five years Bank of England expected to keep interest rates on hold as Iran war casts shadow over labour market
Primark to split from food business despite warning of Iran war impact ABF, which owns Kingsmill, Twinings and Patak’s, to demerge fashion chain to maximise shareholder returns
Royal Mail invests £500m to tackle late deliveries as second-class post cut back Courier promises to meet new delivery targets by next May after being fined last year for poor record
‘Uber for nurses’: gig-work apps lobby to deregulate healthcare, report finds Growing use of AI tech comes at expense of workers’ rights, protections and pay, report warns
Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liability