‘Nothing off the table’ as Rachel Reeves considers ‘targeted support’ over energy costs Chancellor does not rule out ditching planned fuel duty rise but tells MPs it is too early to gauge if consumers need extra help
Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis More than 500 lending products pulled in biggest single upheaval since Liz Truss’s mini-budget in 2022
Roman Abramovich’s Chelsea FC sale cash may be under investigation as ‘proceeds of crime’ Documents filed at Companies House over 2022 deal could complicate row with UK over how money will be used
Wednesday briefing: From missing billions to nonexistent datacentres, inside Britain’s AI drive In today’s newsletter: Enormous investments in artificial intelligence promised to transform Labour’s growth problems. The reality is much murkier
Why Iran’s vital Kharg Island oil hub is still untouched by US-Israel bombers While some argue for destroying the terminal through which 90% of Iran’s oil exports flow, others caution of a global market ‘tailspin’
Reaching net zero by 2050 ‘cheaper for UK than one fossil fuel crisis’ Climate change committee finds move to renewable energy would also bring health, economic and security benefits
Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon Saudi Arabian state oil firm calls crisis by far the biggest but company can reroute 70% of exports via its east-west pipeline
UK junk food ad ban so diluted it may be largely ineffective, experts say Exclusive: Report suggests only 1% of annual spend on food and drink adverts will be affected after industry lobbying
Time for UK regulators to act against Saba Capital’s siege tactics The FCA should bring in new rules to protect investment trusts from overaggressive activist investors trying to take control
Middle East crisis could push UK inflation back up to 3%, says OBR Government’s economic watchdog believes pressure on energy prices could push rate close to 3% by end of 2026
How are EU and member states reacting to energy crisis triggered by Iran war? Prospect of Trump easing US sanctions on Russian oil is a nightmare for the bloc as nations work out how to respond
Pipeline of new drugs to fight superbugs is ‘worryingly thin’, experts warn UK’s GSK is leading the way in research but AstraZeneca is not involved in the area, report finds
London tube drivers to strike across 12 days in spring, says RMT Union opposed to London Underground pushing ahead with four-day week plan
Lammy defends jury reforms against claims they will worsen racial bias in legal system – as it happened Justice secretary says changes designed to reduce courts backlog will benefit remand rates