Starmer has little choice but to bind himself closer to his chancellor

Ditching Rachel Reeves would put spotlight back on real context for decision to drop idea of breaching manifesto

NHS to pay 25% more for innovative drugs after UK–US zero-tariff deal

Agreement could cost NHS an extra £3bn a year, industry sources estimate

Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believe

Richard Hughes says he is stepping down in order to restore confidence in organisation

Rolling coverage of the latest economic and financial news

Avanti service was to have been axed from mid-December but would have still run because of needs out of Euston

Investigation finds organisation’s leadership over many years was to blame for error, and similar breach happened earlier this year

Banks accused of ‘organisational deficiencies’ relating to scam that crashed Mozambique economy nearly a decade ago

Shares in French manufacturer tumble as second problem comes to light after weekend of flight disruption

TotalEnergies scheme became lightning rod for terror in region and was accused of violating human rights

Trump promised to cut consumers’ energy costs within his first year in office but gas price is up 4% on average

PM says he is ‘very supportive’ of spending watchdog but breach was a ‘massive discourtesy’ to parliament

Malls are popular with zoomers, but they show less brand loyalty and are happy to settle for ‘dupes’ over the real thing

Consultancy’s move to embrace artificial intelligence follows Disney’s use of the term ‘imagineers’

Company failed to protect thousands of people switching from analogue to digital landline, Ofcom rules