UK interest rate predictions fall as US and Iran agree two-week ceasefire
Markets now forecast one rate rise this year, down from two on Tuesday, although mortgage rates may not fall quickly
Wednesday briefing: Has the sacking of a shop worker highlighted our unease around how crime is tackled?
In today’s newsletter: A Waitrose worker’s dismissal after confronting a shoplifter has become a flashpoint in a wider debate over rising retail crime
New Zealand asks US to send fuel tankers to Pacific to alleviate pressure caused by Iran war
After meeting with Marco Rubio, foreign minister Winston Peters says he made sure US understands ‘significant economic impacts on New Zealand and Pacific’
World held hostage by reliance on fossil fuels, Christiana Figueres warns – and climate health impacts are ‘mother of all injustices’
Former UN climate chief to co-chair Lancet Commission examining how sea-level rise is reshaping health, wellbeing and inequality
Oil and gas crisis from Iran war worse than 1973, 1979 and 2022 together, says IEA
Oil prices swing and stock markets tense on approach to Trump’s deadline for Iran to reopen strait of Hormuz
Universal Music, home to Taylor Swift and Drake, receives €55bn takeover offer
Bill Ackman’s Pershing Square claims world’s biggest music company has suffered because of delay of US listing
Oil back above $110 in volatile markets as Trump deadline looms for Iran to reopen strait – as it happened
IMF head warns Middle East war will lead to higher inflation and slower global growth while IEA director says oil and gas crisis ‘more serious than the ones in 1973, 1979 and 2022 together’
BP shareholders advised to vote against chair over climate resolution exclusion
Glass Lewis says blocking of proposal to share company’s longer-term strategy at AGM raises transparency issues
Hedge fund borrowing exposes emerging markets to greater Iran war risk, says IMF
Analysis shows developing economies more likely to experience higher interest rates and currency shocks
Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation
Elon Musk’s aerospace to AI company will host summer event to try to convince buyers it is worth $2tn
JP Morgan reaches agreement with City airport for Canary Wharf’s tallest tower
Bank to submit planning application shortly, after securing deal on 265m-high London Docklands building
Iceland chain offers job to man sacked by Waitrose after confronting shoplifter
Iceland’s chair Richard Walker says Walker Smith is ‘welcome to a job with us’ as public fundraiser hits £7,500
My mother has been overpaid her civil service pension and ordered to repay it
Through no fault of their own, she faces repaying £100 a month until she is 93 or face legal action
UK City firms report fastest turnaround in fortunes in 30 years
CBI figures showing surprise jump in financial sector’s growth will be welcome news for Rachel Reeves
Want to know capitalism’s endgame? Just look at private equity – it has captured our everyday lives
These companies now own everything from nurseries to care homes, squeezing vital services for profit while we foot the bill, says Hettie O’Brien, author of The Asset Class: How Private Equity Turned Capitalism Against Itself