How might Rachel Reeves target lawyers, accountants and doctors in her budget?

Insiders say chancellor is planning a tax raid on partnership structures that could raise £1.9bn

Ministers confirm plans to reduce London’s affordable housing quotas

Developers will qualify for fast-track planning status if they include 20% affordable housing instead of current 35% target

UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits record high – as it happened

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects ahead

Oil firm TotalEnergies made misleading green statements, court rules

French multinational is ordered to remove its website messages about aiming for carbon neutrality

Dozens of Labour MPs warn of chaos for firms over gender recognition advice

Nearly 50 backbenchers write to business secretary over potential costs and legal ‘minefield’ of upcoming guidance

Oil price jumps and FTSE 100 hits new high after Trump puts sanctions on Russian firms

Assets in US belonging to Rosneft and Lukoil frozen as shares in Shell and BP rise by 3%

Donors for Trump’s $300m White House ballroom include Google, Apple and Palantir

Work under way to demolish entire East Wing as president upped cost of new structure from $200m to $300m

Just redo it: inside Nike’s plans to put the swoosh back into its sales

The world’s largest sportswear company was wobbling amid complaints that it had become too safe. Armed with a provocative new slogan, the company reveals the innovations and strategy it hopes will turn its reputation around

Dining out ‘under pressure’ as Britons cut back due to price rises, says YouGov

Survey finds 38% of people are eating out less often than a year ago, with many citing higher prices as main reason

Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales

Economic uncertainty along with possible changes to property tax are deterring buyers, says estate agent

Aerospace groups link up to create European rival to Musk’s SpaceX

Deal between Airbus, Leonardo and Thales will bring together some of continent’s leading manufacturers

Once the AI bubble pops, we’ll all suffer. Could that be better than letting it grow unabated?

The world will be pushed into a recession, but perhaps we can build something more promising from the pieces

Lloyds profits plunge 36% as it feels impact of UK car finance scandal

Bank’s drop in quarterly earnings comes after it put aside further £800m to cover expected wave of driver claims

Thames Water ranked worst supplier in England as firms’ ratings hit record low

Environment Agency rates eight of nine companies as poor and needing improvement

Rachel Reeves is the face of this budget. But the really big decisions are not in Labour’s hands

The UK’s economic policy isn’t decided by politicians, but by the OBR and the Bank of England. This is a system in dire need of a rethink, says Guardian columnist Larry Elliott