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Trump has tapped a new Federal Reserve chair. Has he finally found his yes-man?

Trump nominated Kevin Warsh, an ex-Fed governor, for the role as the White House continues to attack Jerome Powell

Alarm raised over Chinese CCTV cameras guarding ‘symbol of democracy’ Magna Carta

Campaigners criticise use of ‘vulnerable’ devices at Salisbury Cathedral and Parthenon despite their removal from sensitive UK government sites

UK new car buyers drive a bargain as average discount nears £6,000

Motorists benefit as industry offers deals of up to 18% off to attract buyers for petrol, diesel and electric models

French MPs demand explanation over tech firm’s contract to help ICE in US

Revelation that subsidiary of Capgemini is to help trace and expel migrants in US provokes outrage in France

Chalmers rejects opposition claims Labor is fuelling inflation, and says he is ‘impatient for reform’

Australian treasurer ‘open’ to tax reform and says the government wants to tackle intergenerational inequity

New type of Bordeaux wine to gain official status as result of climate pressure

Exclusive: Formal validation for claret reflects hotter conditions, falling consumption and shift towards chillable reds

One in seven food delivery businesses in England are ‘dark kitchens’, study shows

University researchers say growth of the hidden fast food industry may pose risks to public health

Trump nominates Federal Reserve critic Kevin Warsh as its next chair

Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank

FSA confirms presence of toxin in some Nestlé SMA baby formula products

Nestlé has already recalled several batches due to concerns they may trigger nausea and vomiting

Chinese car firm Chery to open European base in Liverpool

Launch of R&D centre could pave way for deal for UK’s Jaguar Land Rover to build cars for Omoda and Jaecoo owner

Wall Street opens lower after Trump nominates Kevin Warsh as next Fed chair – as it happened

Rolling coverage of the latest economic and financial news

Trump says ‘very dangerous’ for UK to do business with China, after Starmer hails progress in Beijing

US president warns against closer ties with China during British PM’s trip to secure lower tariffs and better market access

A resignation and call to conscience at company owned by Maga billionaires

Uline employee says she can no longer work for people who helped ‘America descend into fascism’

On Polymarket, ‘privileged’ users made millions betting on war strikes and diplomatic strategy. What did they know beforehand?

The prediction market’s disciples and CEO believe its an unbiased way of knowing the future. But experts warn users could reshape the world to win big

Venezuela approves bill to open oil sector to foreign investment after US pressure

Law will give private companies more control but experts unsure whether changes go far enough for US

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  • Travelodge boss resigns following criticism of handling of assaults; rising consumer confidence gives Burnham ‘golden opportunity’ – business live
  • Travelodge boss quits amid fallout over hotel chain’s security failings
  • Oxfam ‘can’t guarantee future’ of charity shops as it also reviews warehouse business
  • US gross national debt tops $40tn for first time
  • Can Andy Burnham rewire the ‘Treasury brain’ to boost growth?
  • All power to the UK competition watchdog’s war on ‘drip pricing’
  • Is the US actually too chicken to take on China for trade?
  • Jaecoo owner Chery takes ‘next step’ in UK push with R&D centre
  • Australia’s drop in real wages is a disaster. But the profits of major corporations are doing just fine
  • US treasury doubles debt buyback to steady bond market amid inflation fears
  • Lewes derailment: images show track defect before incident on hottest day
  • British energy bills forecast to hit three-year high this winter
  • US Treasury bond yields tumble after Scott Bessent steps in to calm market – as it happened
  • Ukrainian diver arrested in Croatia over Nord Stream pipeline bombings
  • Rising inflation underlines scale of Andy Burnham’s cost of living challenge
  • Trainline, Virgin Atlantic and Red Driving School investigated over hidden fees
  • Dog food recalled in UK after reports of pets losing their sight
  • Revealed: FCC chair Brendan Carr’s close coordination with White House and rightwing media
  • Virgin Australia apologises to disability advocate removed from flight over wheelchair motor
  • Shares in humanoid robot firm Unitree surge 600% on Chinese stock market debut
  • UK inflation rises to 2.9% as Iran war drives up energy bills
  • UK relies on heat-stressed countries for fruit and veg it could grow itself – report
  • Trump pauses Canada tariffs threat, and hints at revival of Keystone XL pipeline
  • ‘Can’t enjoy your pint’: Wetherspoons customers welcome ban on loud phones
  • Ministers are waking up to Britain’s gas supply risks. It’s time for decisions
  • Philip Pullman and Maggie O’Farrell among authors urging Burnham to cut business rates on bookshops
  • Alex Ungar obituary
  • Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – as it happened
  • ‘A feudal relationship’: Stonegate Pub Partners under scrutiny after complaints of tenant mistreatment
  • Ikea to take on eBay and Vinted with UK online secondhand site

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