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New antibiotics hailed as ‘turning point’ in treating drug-resistant gonorrhoea

First new treatments for sexually transmitted disease in decades approved by US Food and Drug Administration as number of cases worldwide surge to 82m

Nissan begins production of new electric car in Sunderland

Launch of third generation of Leaf follows investment of more than £450m into model, including £300m direct to UK

UK and South Korea sign new trade deal aimed at cars, salmon and Guinness

Government says arrangement will bring in extra £400m on top of more than £15bn of existing annual trade with Korea

US puts £31bn tech ‘prosperity deal’ with Britain on ice

Pledge to invest billions in UK paused, with Washington citing lack of progress on trade barriers across pond

Morrisons becomes first UK supermarket to delay net zero targets

Britain’s fifth-biggest grocer postpones goal by 15 years to 2050, saying revised plan will now cover entire supply chain

UK politics: Polanski claims Green support surging in London as five Labour councillors defect in Brent – as it happened

Party leader says Labour ‘has abandoned any sense of progressive politics’

The big quarrels over the workers’ rights bill have barely started

Many critical details have been deliberately left to be resolved in secondary legislation – including the introduction of guaranteed hours contracts

Rishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself

Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds

UK mortgage shake-up: people on variable incomes could have more payment flexibility

Some potential first-time buyer groups ‘could be better served’, regulator says in review

UK house prices tipped to rise by up to 4% in 2026 as affordability improves – as it happened

Rolling coverage of the latest economic and financial news

Business groups urge Tory peers to stop blocking Labour’s workers’ rights bill

Six of Britain’s biggest employer groups fear compromise deal brokered with bosses and union leaders is at risk

Brighton’s struggling independent stores: ‘The nation of shopkeepers will go on the dole’

City’s small shops are reaching tipping point amid higher business rates, staff costs and big chains eager to move in

Chances of EU trucking industry hitting zero emissions targets are dire, says industry body

Only 10,000 out of economic bloc’s 6m trucks are electric and are more likely to be operating on short routes

AA on road to potential £5bn sale or flotation, while RAC aims for London listing

AA sounds out buyers, while owners of fellow roadside assistance provider prefer IPO of similar value

Russia seeks $230bn in damages from Euroclear over seized assets

Kremlin aims to fire warning shot against EU’s plan to use €90bn of frozen funds to give loan to Ukraine

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