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Reeves claims Gatwick second runway ‘will mean cheaper holidays’; Trump’s $100,000 H-1B visa fee expected to hurt US growth – as it happened

Rolling coverage of the latest economic and financial news, as Green Party’s Zack Polanski says signing off second runway at Gatwick “is a disaster”

UK considers visa fee cuts for highly skilled as Trump hikes US charges

Starmer’s ‘global talent taskforce’ examines plans to make it easier for foreign academics and digital experts to relocate to UK

Insolvent UK recruiter acquired by previous owner who took millions out

Premier Group Recruitment went into administration with debts of £2.9m – including £647,000 owed in tax

Flight delays continue across Europe after weekend cyber-attack

Software provider Collins Aerospace completing updates after Heathrow, Brussels and Berlin hit by problems

Scams, silence, rejection: US job seekers describe ‘depressing’ work prospects

Qualified candidates struggle in a sluggish market due to Trump tariffs, AI screening and vanishing entry-level roles

Trump’s $100,000 H-1B visa fee could hurt US growth, economists warn

Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly India

‘I’ve made £2,000 from facepainting’: the rise of the junior entrepreneur

Children as young as seven are looking beyond pocket money or a Saturday job to run lucrative side hustles

Vodafone franchisees warned of ‘massive impact’ of commission cuts on mental health

Small business owners told telecoms group of stress four years before 62 launched £120m high court claim

UK startup Wayve begins testing self-driving tech in Nissan cars on Tokyo’s streets

London-based AI pioneer in talks to receive $500m investment from Nvidia as it funds its expansion in the US, Germany and Japan

More Britons view AI as economic risk than opportunity, Tony Blair thinktank finds

TBI says poll data threatens Keir Starmer’s ambition for UK to become artificial intelligence ‘superpower’

Disruption continues at Heathrow, Brussels and Berlin airports after cyber-attack

Zaventem asks airlines to cancel half of Monday departures, while most of Heathrow flights expected to operate

Wealth tax would be deadly for French economy, says Europe’s richest man

LVMH owner Bernard Arnault, who could take €1bn hit, says proposed 2% levy ‘aims to destroy liberal economy’

Why Trump’s attacks on the Fed’s independence are so dangerous

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire

Labour cosies up to US tech firms with little thought of downsides

Economic benefits of generative AI, which may take time to show, put ahead of impact of datacentres on energy and water

Optus admits process not followed after it missed at least five warnings of triple zero outage

Albanese government under pressure to ensure stiff penalties are imposed as emergency management minister blasts telco as “absolutely disgraceful”

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  • Canada announces up to 50% retaliatory tariffs on hundreds of US goods including steel, fish, cheese and paper – live
  • Burnham mulls insolvency law shake-up to help bring utilities under public control
  • ‘They make life much easier’: AI-powered shopping trolleys go on trial in Lancashire
  • Canada announces retaliatory tariffs on wide range of US goods
  • VW workers boo boss as he urges them to ‘pull together’ amid job cuts
  • New York business group sues Mamdani over city-owned grocery stores plan
  • Gold hits highest level in three months as traders worry about US inflation and bond market jitters – as it happened
  • Lego sales jump 21% to nearly £5bn, helped by World Cup and F1 ranges
  • Meta goes on trial as Silicon Valley faces a growing backlash
  • ‘The day I disclose, my career is over’: the journalist facing an $800 daily fine to keep her sources secret
  • US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns
  • From Scotland, I look at England’s water privatisation disaster. I wish you had done what we did
  • Year of after-school care now costs £2,800 a child in parts of UK
  • Heatwave health risks threaten insurer earnings, rating agency S&P warns
  • Gold price hits three-month high amid fears over Iran war and Trump economy
  • ‘Small changes can make a big difference’: how getting farmers, fishers and beavers together could save a Cornish river
  • Woolworths’ Ooshies craze causes Coles sales slump with parents shopping at rival supermarket to collect toys
  • Going with the grain: how restoring biodiversity led one farmer back to heritage wheat
  • ‘Petty grievances’ and an alleged troublemaker: unsealed Murdoch court documents give rare glimpse into bitter succession battle
  • Climate damage would obliterate any economic benefits of new North Sea fields, analysis shows
  • Washington Post ordered to reinstate opinion writer fired over Charlie Kirk posts
  • Target apologizes for ‘offensive’ Halloween costume after backlash
  • Trump announces new 50% tariff on Canadian cars, trucks and steel
  • Households in Great Britain ‘could owe energy suppliers £7bn by end of year’
  • Iran’s rial falls to record low as Scott Bessent warns of ‘economic D-day’ – as it happened
  • Netflix, Disney+ and Amazon price rises in western Europe ‘highest in world’
  • Thames Water creditors accused of ‘shuffling chairs on Titanic’ with plan for new board
  • Up to £464m ‘moved through more than 3,000 UK high street shell companies’
  • How growing up in ‘Chemical Valley’ inspired lawyer to sue industry she used to work for
  • Iran vows to retaliate against countries that cooperate with fresh US sanctions

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