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Alan Milburn to review rise in youth minimum wage

Exclusive: Blair-era minister echoes concerns about young people being priced out of jobs, in intervention likely to dismay Labour MPs

Why is Truth Social owner Trump Media merging with a fusion energy firm?

What we know about the deal with TAE Technologies so far – from why it is happening to what fusion energy is

FTSE 100 closes near record high as Santa Rally builds, despite weak retail sales – as it happened

Rolling coverage of the latest economic and financial news

Independent businesses: have your online sales been affected by the rise of AI?

We’d like to hear from independent retailers about how changes to online searches has affected them. We’d also like to find out from customers about how easy it is to track down independent retailers

Former Yodel owner probably forged mother’s signature in takeover bid, judge rules

‘Extraordinary’ high court ruling covers Jacob Corlett’s attempt to seize back control of parcel delivery firm

UK politics: ‘Not clear’ who was behind FCDO hack, says minister, amid reports of China link – as it happened

Chris Bryant confirms October cyber-attack as the Sun names Storm 1849, a Chinese hacker group, as being responsible

WH Smith tries to recover bonuses from ex-bosses as watchdog investigates accounting error

Retailer targets £7m in bonuses as FCA examines scandal in North American arm

Sony collars Snoopy in £340m deal to take control of Peanuts franchise

Japanese conglomerate raises to 80% its stake in firm that owns the intellectual property created by Charles Schulz

Rail accident investigators issue warning over sensors on landslide monitors

Inquiry into recent Avanti West Coast train derailment in Cumbria finds sensors may not work if landslips happen quickly

TikTok signs Trump-backed deal to avoid US ban

Joint venture will take over part of app’s US operations, including data protection, algorithm security and content moderation

UK contactless card limit of £100 to be scrapped from 19 March

Under changes revealed by regulator, banks and card providers encouraged to set their own maximums

Retail sales unexpectedly fall in Great Britain in run-up to Christmas

Shoppers held back on Black Friday spending in November and budget uncertainty hit consumer confidence

UK borrowed more than expected in November amid pre-budget pressure

ONS figures show public sector net borrowing was £11.7bn – £1.9bn less than in same month last year

Young people will suffer most from UK’s ageing population, Lords say

House of Lords report says tools such as raising pension age and increasing immigration will not be adequate

UK’s roads and airports brace for busiest Christmas getaway on record

Transport groups warn of unprecedented congestion as commuters, shoppers and holidaymakers travel at once

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  • ‘Penchant for bling’: can Sports Direct’s Mike Ashley take a bigger slice of luxury retail?
  • Diamonds for sale: lab-grown gem auctions are all over TikTok right now, but some aren’t happy about it
  • ‘It brings me joy’: how young people are making CDs cool again
  • Unions worry Labour’s plan for zero-hours contracts may break manifesto pledge
  • Hook, hold, harvest and hide: Meta’s alleged strategy laid out in first week of landmark trial
  • I’m known as The Black Farmer because there are so few of us in the UK. It’s one of the ways farming must change
  • ‘The worst part is the guilt’: the owners who fear dog food caused pets’ eye problems
  • Premium bonds: more chance of win as NS&I ups prize fund rate again
  • Home comforts: can remote work be better for the environment?
  • Quarter of branded baby foods in UK still have too much sugar, analysis finds
  • What does Tyson’s shutdown of two US beef plants mean for grocery costs?
  • JD Vance reportedly mocks Carney for trying to ‘out-tough’ Trump on trade
  • Neutrogena responds to criticism over how brand deal with Hayden Panettiere ended
  • Gold and bitcoin surge after US bond market selloff; UK economy on ‘firmer footing’ – as it happened
  • Airbus bows to remote working demands after series of strikes
  • Jamie and Jools Oliver pay themselves £1.5m dividend as profits almost halve
  • Are you a Gen Z entrepreneur who has started your own business? We’d like to hear from you
  • Retail sales in Great Britain fall despite heatwave increasing food and drink demand
  • Cut cost of loans for solar panels on UK homes, ministers urged
  • UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget
  • Back on track: can Burnham fix the north’s woeful rail services?
  • Michael Cohen, ex-fixer for Trump who once testified against him, hosts president on his radio show – as it happened
  • Fashion tech founder sentenced to prison for $300m fraud scheme
  • Man arrested over Nord Stream bombing was consultant on film about it starring Sean Penn
  • Mark Zuckerberg buys 440-acre Strancally castle estate in Ireland
  • Reform’s new economic adviser has called for end of pensioners’ triple lock
  • JD Sports boss is still struggling to turn up the heat on a tepid trainer market
  • Why is the Trump administration causing turmoil in the bond markets?
  • Specsavers pays £12m dividend to parent company after jump in earnings
  • ‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending

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