Narrow Bank of England vote puts end of interest rate-cutting cycle in sight

Another reduction expected next year but monetary policy committee is deeply divided over inflation prospects

Leeds £2.5bn tram scheme delayed to late 2030s after government review

Business case must be submitted for mass transit system with lines connecting Leeds and Bradford before work continues

Longest federal government shutdown meant data was only collected for second half of November

Corvex says Premier Inn owner should rethink strategy as company braces for business rate changes next year

Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close

Learning Resources is suing the administration, claiming the president’s tariffs are illegal – and millions of dollars are on the line

Locals band together in David v Goliath fight against facility they say would jack up bills, increase pollution and destroy area’s character

US hedge fund Elliott thought to prefer IPO in London over New York, which could be welcome boost to UK stock market

O’Neill, who has led Woodside Energy since 2021, will be oil and gas company’s first female chief executive

Exclusive: Health select committee chair says UK government’s ‘naive belief’ Trump is a good faith actor ‘could cost UK taxpayer billions’

Brendan Carr’s declaration raises concerns amid Trump efforts to exert greater control over independent agencies

Though minister had said ZEV mandate review would be completed ‘quickly as we can’, government confirms it won’t be published until 2027

Argument for ensuring ethylene production at Grangemouth is strong, yet policymaking on deindustrialisation is disjointed

Daniel Chu, company’s founder, charged with directing multiple executives since 2018 to defraud investors

The US president wants a blockade of oil tankers under sanctions to stop them entering and leaving Venezuela