French Socialist party to fight for wealth tax as it seeks to capitalise on crisis Party has promised to stand back as weakened prime minister prepares for crucial no-confidence vote
Plug-in hybrids pollute almost as much as petrol cars, report finds Analysis of 800,000 European cars found real-world pollution from plug-in hybrids nearly five times greater than lab tests
Adani denies claims it sold ‘below-market coal’ leading to Queensland missing out on hundreds of millions in royalties Adani has strongly rejected the Australia Institute’s findings, including that customers paid an average of $102 a tonne in 2022-23
Judge temporarily blocks firings by Trump administration during shutdown Judge says White House office of management and budget took advantage of government shutdown in firing workers
Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget Chancellor hints at rises and calls out past ‘scaremongering’ over VAT on private schools and changes to non-doms
Energy bills likely to rise by 20% in next four years, says Britain’s biggest supplier MPs told that even if wholesale prices plummet, consumers face higher bills owing to costs of government policies
Starmer only read China spy witness statements this morning, No 10 says, as Cleverly accuses PM of misquoting him – as it happened PM says he intends to publish statements in full and blames previous government for failure of the case
English councils to remain poorer than in 2010 despite funding rise, says report Exclusive: Impact of austerity cannot be undone by end of parliament despite above-inflation funding, analysis finds
UK government borrowing costs fall as Reeves hints at tax rises – as it happened Rolling coverage of the latest economic and financial news
Competition regulator barking up the right tree on vets’ opaque pricing Consumers and corporates should welcome CMA proposals to overhaul regulations unchanged since the 1960s
The IMF reckons the global economy remains ‘in flux’, but the Trump effect is real – and Australians aren’t fooled Even as the government and investors try to treat the Trump situation as ‘normal’, the US has never been less attractive to Australian holidaymakers
Shein warns on Trump tariff uncertainty after profits slip Fast-fashion retailer records 20% growth in sales and fees to $37bn but big hit is expected from US changes to import tax rules
Global government debt on course to hit 100% of GDP by 2029, IMF warns Ratio would be highest since aftermath of second world war, with UK among G20 countries forecast to peak above
Banker bonuses to be paid faster after UK regulators loosen rules Bank of England and Financial Conduct Authority reduce deferral period from eight years to four
Royal Mail fined £21m by Ofcom for missing delivery targets Communications regulator finds ‘millions of important letters are arriving late’ and ‘persistent failures’