Bank of England says UK banks can increase riskier mortgage lending; Nvidia becomes first $4tn company – as it happened

Rolling coverage of the latest economic and financial news, as BoE recommends banks can issue more high loan-to-income level loans

Bank of England rolls out looser mortgage rules to help first-time buyers

Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder

Copper prices in US hit record high after Trump announces 50% tariff

Latest escalation in trade war is expected to push up costs across key parts of US economy

RBA deputy warns of Brexit-scale impact as Trump threatens 200% tariffs on foreign pharmaceuticals

Global trade tensions linked to unpredictable and expanding US levy regime a ‘substantial concern’, Jim Chalmers says

London’s stock exchange needs a shot in the arm from the Treasury

A marketing campaign is all very well but if the LSE’s fortunes are to turn, the real oomph needs to come from the chancellor

M&S chair reveals two major company hacks have ‘gone unreported’; Germany warns EU is ready to retaliate in US trade war – as it happened

OBR report warns that UK public finances are in a relatively vulnerable position, as Archie Norman updates MPs about cyber-attack

‘Now Brexit is behind us’: what’s at stake as Macron makes state visit to the UK?

Future of £100bn UK-France trade relationship in focus amid attempt to show unity in face of Trump tariffs

UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs

Office for Budget Responsibility warns national debt on course to hit 270% of GDP by 2070 amid volatility

Trump tariffs explained: what’s changed and why have Asian countries been hit so hard?

The shifting timeline of Trump’s tariffs, the most significant US tariff increase in nearly a century, has roiled global markets and caused widespread confusion

Flight of the non-doms: how worried should Labour be about the super-rich leaving the UK?

Reports say wealthy elite are leaving over tax changes – prompting a possible rethink by Rachel Reeves – but hard data is tricky to find

EU leaders race to secure a deal as deadline looms in Trump trade talks

There are just two days of talks left before the US president’s potentially swingeing tariffs are restored

Liz Truss is long gone – but her fiscal meltdown still dictates every step Labour makes

A jittery No 10 now seeks the market’s approval for everything. The result? Cruel cuts and a fear of desperately needed public spending, says economist Max Mosley

The spirit of the G8 ‘make poverty history’ summit of 2005 seems long gone

The 2008 crash, Trump, aid budget cuts and a more fragmented world has made debt relief seem a lost cause but there are murmurs of a renaissance

Here we go again: latest Trump tariff deadline looms amid inflation concerns

US is on the brink of launching a trade assault on dozens of countries as 90-day pause on tariffs is set to end on 9 July

How to balance the UK books: six options open to Rachel Reeves

From spending cuts to tax rises, we rank possible routes to plugging the gap caused by Labour’s welfare climbdown