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Health and safety rules holding UK infrastructure back, says writer of government report

Exclusive: John Fingleton says regulators need to change their attitude to risk to end the country’s economic stagnation

Green biotech firms to open factories at Grangemouth; Oracle shares tumble 15% after results disappoint – as it happened

Rolling coverage of the latest economic and financial news

Evoke considers sale or break-up after budget tax hikes; SpaceX aims for $1.7tn valuation – as it happened

Rolling coverage of the latest economic and financial news…

Reeves criticises budget leaks and says income tax decision taken ‘in partnership’ with PM

Chancellor defends budget but tells MPs there were ‘too many leaks’ and that and much of them were inaccurate

Just 0.001% hold three times the wealth of poorest half of humanity, report finds

Data from World Inequality Report also showed top 10% of income-earners earn more than the other 90%

Rachel Reeves’s test from the bond markets starts now

UK gilt yields may have dropped a bit relative to other major countries, but it’s not at all clear that the fall with continue

Bank of England expects budget will cut inflation by up to half a percentage point

In a boost for Rachel Reeves, deputy governor says analysis shows chancellor’s policies will lower annual rate next year

BoE predicts budget measures will lower inflation, and denies uncertainty caused unusual bond market volatility – as it happened

Rolling coverage of the latest economic and financial news, as Bank of England policymakers testify to MPs on the Treasury committee

Badenoch announces Tory review of which conditions qualify for benefits

‘Age of diagnosis’ of ‘low-level mental health issues’ such as ADHD making system too costly, Conservative leader says

China’s record trade surplus reveals its biggest strength – and hidden weakness

Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign markets

UK households cut spending at fastest pace in almost five years, says Barclays

Bank reports 1.1% drop in card spending despite Black Friday boost for retailers

Paramount Skydance makes $108.4bn bid for Warner Bros Discovery, challenging Netflix’s offer – as it happened

Paramount says its hostile offer “provides superior value, and a more certain and quicker path to completion to WBD shareholders”

Bank of England cutting jobs as part of overhaul after critical Bernanke review

Bank under budget pressure as it responds to former Fed chair’s report into slow response to surging inflation

Divided Fed ponders US interest-rate cut at end of tumultuous year

Markets expect final rate cut amid pressure from Trump as Jay Powell urges central bank to proceed with caution

Bill Kingdom obituary

Other lives: Leader of water supply and sanitation projects for the World Bank

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  • Families hardest hit by energy crisis could be given funds dispensed by councils in England
  • Putin likely to stage another Salisbury-style attack, exiled oil tycoon says
  • Brent crude rises after Trump says he wants to ‘take the oil’ in Iran and Yemeni Houthis launch second attack on Israel – as it happened
  • Brent crude hits $116 a barrel as Trump threatens to ‘blow up’ Iran’s oil wells and export hub
  • FCA to release details of UK car finance scandal compensation scheme
  • Apple subsidiary fined by UK government over Moscow sanctions breach
  • Mounjaro maker wants NHS drug price rises in return for more investment in UK
  • How could US forcibly reopen strait of Hormuz and what are the risks?
  • Glasgow arts hub tenants condemn ‘unsustainable’ rent rises by landlord
  • UK savers told to act now before Easter Sunday cash Isa deadline
  • Pessimism takes root in UK as shoppers struggle to afford essentials
  • Cost of living: how to prepare for the ‘awful April’ shower of bill increases
  • Who are the Houthis – explained in 30 seconds
  • Big retailers say UK jobs at risk from guaranteed hours reforms
  • Millions of boomer small business owners will soon retire. Will their companies just disappear?
  • One in five UK hospitality businesses fear collapse as costs surge
  • Oil on track for record monthly surge as Iran war disrupts markets
  • War in Iran erodes the chancellor’s headroom and exposes the UK’s fragility
  • HBO Max pins hopes on Friends and Harry Potter to win UK streaming war
  • First sugar-free Easter on UK TV as chocolate ads are pushed past 9pm
  • ‘Definitely dodgy’: how to spot a fake vape
  • US treasury department demands retraction of story on increased oversight of Federal Reserve
  • ‘It feels like they’re pulling figures out of the sky’: UK pet owners welcome crackdown on vet fees
  • How EVs could be part of answer to UK’s fuel reserve worries
  • The great care home cash grab: how private equity turned vulnerable elderly people into human ATMs
  • Saving for a pension: why gen Z aren’t all banking on retirement
  • ‘Canadians don’t want to come here any more’: anger over Trump squeezes US border businesses
  • These CEOs want a starring role in our lives – and there’s not much we can do about it
  • Hundreds of North Sea licences granted by Tories ‘produce only 36 days of gas’
  • UK ‘weeks away’ from medicine shortages if Iran war continues, experts say

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