Ineos to cut a fifth of Hull jobs, blaming ‘dirt-cheap’ imports from China Company says more roles will be at risk unless UK government supports tariffs to protect industry
France is in crisis but bond markets leave other governments at risk of meltdown too Investors rattled by resignation of French PM but country is not alone in trying to grapple with political maths
Tories say people denied benefits in UK can return to home countries Mel Stride outlines plans to slash £47bn a year from public spending, including £23bn welfare cut
Politics drives markets: euro and Paris stock market slide amid French political crisis; Japanese stocks surge after Takaichi’s victory– business live Rolling coverage of the latest economic and financial news, as France’s prime minister resigns unexpectedly
Small US college towns reel amid Trump immigration crackdown: ‘They need international students’ From Ohio to Florida, the US government’s clampdown on students from abroad threatens rural universities and local businesses
‘I’m fearful people will die’: Pennsylvania reckons with impact of Trump cuts In Johnstown, thousands live in poverty – and voters went for Trump. How are people feeling as his devastating cuts take hold?
Rachel Reeves urged to break manifesto pledges to avoid ‘pasty tax’ budget Labour colleagues advise chancellor against string of small money-raising measures, as OBR presents forecast
US ‘flying blind’ at critical moment for economy, experts warn, with no jobs data amid shutdown Data was collected for closely-watched jobs report before shutdown, but Trump officials so far defy calls to publish it
UK business growth hits five-month low amid budget uncertainty and weak demand – as it happened Rolling coverage of the latest economic and financial news
Trump looks to Nixon’s playbook – good for him, bad for the economy? History suggests that bullying the Fed for political gain can have serious consequences for the rest of us
Disillusionomics: the US economy isn’t serving gen Z My generation is struggling for stability in a system that no longer feels fit for purpose. It’s time to take that seriously
Rachel Reeves could raise £45bn in taxes and keep promises, report says Chancellor has ways to cover UK deficit without breaching spirit of Labour manifesto, Morgan Stanley claims
Senior Tories dismayed at Badenoch’s ‘catastrophic’ vow to repeal Climate Change Act Theresa May, Alok Sharma, business and church leaders say plan would harm UK and not even Margaret Thatcher would have countenanced it
Government shutdown leaves federal workers ‘on edge’ as Trump eyes more job cuts Employees wonder if the shutdown will leave them out of work temporarily or set stage for permanent termination
Economists relieved as White House withdraws controversial pick to lead Bureau of Labor Statistics Donald Trump wanted EJ Antoni to head agency, but critics said he was too partisan and ‘exceedingly unqualified’