The gilt market will hover over any Labour leadership contest The Iran war is the bigger story – but the bond market is primed to deliver a kick if extreme positions arise from a formal race
GB News should lose its licence, says ex-Sky News editor Adam Boulton Veteran broadcaster accuses channel of ‘clear violations’ of Ofcom’s due impartiality rules
Australian retailers on notice over ‘fake discounts’ as Coles braces for record fine after landmark court ruling Supermarket share price falls after ‘Down Down’ discounts ruled to be misleading as Woolworths defends similar case
Labor’s budget will benefit the young – but does little to woo voters drawn to One Nation Jim Chalmers’ budget tips the scales in favour of younger and less well-off households – but it’s middle-class gen X that are turning to the rightwing party
Reeves seizes on surprise UK growth as evidence Labour leadership must stay Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran war
Jaguar Land Rover annual profit falls 99% after US tariffs and cyber-attack take toll Britain’s largest carmaker says sales also hit by competition in China as it publishes financial results
Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – as it happened Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026
Rachel Reeves suggests if it ain’t broke, don’t fix it – as fight to keep her job goes on The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battle
Burberry’s £2,000 Cotswolds handbag hits ‘a sweet spot’ with Americans Zeal for ‘the Hamptons of England’ has rubbed off on sales, with luxury British fashion brand back to a full-year profit
Hedge fund proposes £1bn buyout of UK’s biggest private hospital operator Shares in Spire Healthcare jump after approach from Toscafund, founded by City figure known as ‘the Rottweiler’
Privately educated CEOs seen as ‘safer bet’ by investors, study finds Privilege being mistaken for competence as study reveals no evidence to suggest companies run by state-educated peers underperform
War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up? Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soared
‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh Impact of disruption from Iran war may be felt into 2027 even if strait of Hormuz reopens, says aviation body boss
Coles put commercial interests above its customers – and was caught red-handed Reputation of Australia’s big supermarkets takes another hit as federal court finds Coles misled shoppers by promoting fake discounts
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous