The Treasury’s supermarket food price cap wheeze was bananas Retailers such as M&S need not worry – the UK is not in a state of emergency and competition is clearly working
UK strikes £3.7bn trade deal with six Gulf states Keir Starmer describes the agreement, worth double original estimates, as a ‘huge win’ for British businesses
James Murdoch to acquire half of Vox Media in deal reportedly worth $300m Deal is the biggest acquisition for Murdoch since family resolved dispute over future control of media holdings
Rachel Reeves to protect ‘critical’ clean energy projects from legal challenges Chancellor’s planning shake-up in England and Wales would ‘reduce exposure from judicial review on all but human rights grounds’
Death, taxes and scare campaigns: here’s the truth about Labor’s budget changes Conservative media is stoking unfounded fears on reform. If Albanese wants an easy win, he should prioritise a popular tax on gas exports
Google DeepMind in talks with UK unions amid staff concern over US and Israel’s AI use Exclusive: Google DeepMind agrees to Acas talks after workers sign petitions about governments’ use of AI for defence and intelligence
UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – as it happened Food inflation slows to 3%, led by meat and chocolate; prices of computer game downloads drop sharply; economists say benign inflation data reduces chances of June rate hike
US employers spend more than $1.5bn a year to fight labor unions, report finds Critics say employers spend money hiring union-avoidance consultants and lawyers while not investing in workers
UK delays some sanctions on Russian oil and gas amid Middle East conflict ‘Short-term’ measures on import of jet fuel and diesel, and shipping of LNG, aimed to help tackle soaring prices
More than £52m reserved for social housing at risk after collapse of investment firms Exclusive: 3,500 social homes could switch to private sector after companies run by Heylo Housing group go into administration
George Soros group pledges $300m to US economic security and civil liberties Billionaire philanthropist’s Open Society Foundations has worked to advance justice and human rights around world
EU agrees to implement US trade deal struck last summer MEPs had twice frozen ratification process in protest at Trump’s threats to increase tariffs and take control of Greenland
Call for food price caps ‘completely preposterous’, says M&S boss Stuart Machin argues government should reduce tax and regulatory burden on supermarkets instead
Germany urged to stop admiring Beijing and wake up to ‘China Shock 2.0’ ‘China has already eaten much of German industry’s lunch and is preparing to start on dinner,’ thinktank says
UK inflation slows to 2.8% as energy price cap softens impact of rising fuel costs Lower than expected April annual rate a lift for Rachel Reeves as impact of Iran war yet to fully hit households