Brent crude tops $70 per barrel on Iran concern; gold and silver tumble from record highs – as it happened Rolling coverage of the latest economic and financial news, as metal prices continue to soar
Rate-rigging convictions of five bankers referred to UK appeals court Referral comes after supreme court overturned convictions of two other traders, Tom Hayes and Carlo Palombo
European boss of Post Office IT scandal firm Fujitsu to step down Paul Patterson, who represented firm at Horizon inquiry, will become non-executive chair of UK business
Lloyds boss warns bankers must ‘reskill themselves’ to survive AI boom Charlie Nunn says banks will be hiring staff with different skill sets as customer experience will ‘radically change’
EU proposals for free extra cabin bags on planes ‘lunatic idea’, says easyJet Giving passengers right to additional carry-on baggage would be ‘terrible for the consumer’, warns airline’s CEO
Xi-Starmer meeting: Chinese leader tells PM he hopes both countries can ‘rise above differences’ China agrees visa waiver for British citizens as countries sign agreements on closer economic cooperation
‘My kids buy me food’: civil service pensioners offered emergency loans as nearly 90,000 face delays Government to lend up to £10,000 to worst-affected new retirees as minister admits there is ‘unacceptable’ backlog
Households in England and Wales must splash out more as water bills to rise by 5.4% Average bills to go up again in April, with Ofwat approving record spending plans amid outrage over sewage spills
Ocado says Canadian partner closing robotic warehouse in latest setback Shares in Ocado fall almost 10% after revealing Sobeys will close Calgary site that uses UK group’s delivery technology
Doom loop of decline: how struggling high streets fuel far-right sympathies in UK Retail accounts for 5% of the UK economy – but its visibility gives it an outsize influence on public perception
Farage attack on high street Turkish barber shops is dog-whistle racism, minister says Miatta Fahnbulleh accuses Reform leader of ‘politics of grievance’ while having no plan to fix UK high streets
Santander to close further 44 branches as it gears up for £2.6bn takeover of TSB Closure of one in eight sites puts almost 300 branch-based workers’ jobs at risk
Universal basic income could be used to soften hit from AI job losses in UK, minister says Lord Stockwood says people in government ‘definitely’ talking about idea as technology disrupts industries
The post-US world is already taking shape – look at the massive EU-India trade deal The ‘mother of all deals’ is as much about the tariff-heavy geopolitics of the Trump era as it is about bilateral trade, says Asian studies professor Ravinder Kaur
US robotaxis undergo training for London’s quirks before planned rollout this year Waymo cars have been earning their stripes by getting used to zebra crossings while awaiting a government green light