Trump’s focus on race backfires as voters punish economic failings The Maga base rallied on inflation and racial grievances, but stressing race over the economy is costing the US president
Energy price cap in Great Britain expected to fall in January – but higher bills loom Cap on dual-fuel bills forecast to decrease by £22 to the equivalent of £1,733 a year for a typical household
Crest Nicholson plans job cuts and warns on profits, blaming budget uncertainty Housebuilder’s autumn selling season was wiped out by speculation about new property taxes, says analyst
Eight firms under investigation in crackdown on additional online fees Competition watchdog examines StubHub, Viagogo, AA Driving School and BSM Driving School and others
Don’t blindly trust everything AI tools say, warns Alphabet boss Sundar Pichai says artificial intelligence models are ‘prone to some errors’ and warns of impact if AI bubble bursts
More than 300 big agriculture lobbyists have taken part in Cop30, investigation finds Lobbyists representing industry responsible for a quarter to a third of global emissions participated in key talks at the UN climate summit
UK consumers warned over AI chatbots giving inaccurate financial advice Which? study of ChatGPT, Copilot and others uncovers incorrect and misleading tips on investments, tax and insurance
UK bank and building society customer protection limit to rise to £120,000 Increase of more than 40% from current figure of £85,000 will give more cover if financial firm goes bust
Lawyers for Fed governor accuse Trump administration of ‘cherry-picking’ facts in fraud case Lisa Cook’s lawyer details defense against accusations she misrepresented residences to get better mortgage rate
Japan and Switzerland’s economies contract as US tariffs hit exports; Alphabet shares jump after Warren Buffett reveals stake – as it happened Rolling coverage of the latest economic and financial news
Reselling tickets for profit to be outlawed in UK government crackdown Touts, and ordinary consumers, will no longer be able to charge anything more than price at which they bought ticket
UK officials ‘working day and night’ to resolve NHS drug pricing row’ Patrick Vallance says government trying to rebuild relations with pharma industry as he outlines life sciences ambition
GWR train fitted with F1 tech for two-month superfast wifi trial Tryout of system, which switches between signals from 5G masts to low Earth-orbit satellites, could lead to wider rollout
‘Making films is who I am’: Tom Cruise gets lifetime achievement Oscar The Hollywood star – who had been nominated for multiple Oscars but never previously won – was honoured at the Academy’s annual Governors awards, along with Dolly Parton, Wynn Thomas and Debbie Allen
TotalEnergies buys €5.1bn stake in Czech tycoon’s power plants business Daniel Křetínský to become a major shareholder in French oil firm as part of deal creating 50/50 joint venture