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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

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  • Google Cloud outage: problems fixed for ‘most‘ customers, as regulators push for details – as it happened
  • European air fares could rise by as much as 20% in 2027, Ryanair boss predicts
  • Paddy Power owner blames tax rises for plan to shed up to 1,400 jobs
  • Thames Water creditors secure former Labour minister to drive rescue deal
  • All Rivers Spill Their Stories to the Sea review – stirring portrait of fishers driven to eco-activism
  • Billionaire Mukesh Ambani launches India’s biggest-ever IPO
  • Google cloud failure hits millions as UK courts and banks knocked offline
  • Excessive wealth, extreme emissions – and ecocide: what I learned at Europe’s big superyacht show
  • Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms
  • A modest increase in bank taxes is not the end of the world for lenders
  • Healey to reject calls to raise capital gains tax in budget
  • ‘No real sense of appeal’: Vinted sellers complain of unfair account ‘bans’
  • Is this the beginning of the end of the AI stock market boom?
  • Burnham urges officials to come up with more radical options for Thames Water
  • North Sea strikes could severely disrupt UK fuel supplies, union warns
  • ‘Concerning issues’ found at GB power grid by inquiry into cover-up claims
  • France hit by debt sell-off as violent protests unnerve investors
  • Bank of England said to be reviewing Barclays’ handling of private credit loans
  • Violent street protests in France and Italy trigger stock and bond sell-off and send euro lower – as it happened
  • The Canary news website announces closure after ‘vicious campaign against us’
  • AI firm Anthropic to commit 5% of shares to fund for ‘public good’
  • HelloFresh workers claim physical abuse and denied bathroom breaks in class-action suit
  • China’s economy grows faster than forecast after AI boom boosts exports
  • More than half of UK first-time buyers paying more for mortgage than they did for rent
  • UK government promises disabled air passengers better safeguards
  • The housing crisis is now global. It shows just how undemocratic our nations have become
  • Revealed: African island fights offshore gambling network linked to UK family

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