UK fuel retailers accused of ‘ripping off’ motorists at the pumps; markets shrug off latest Trump tariffs – as it happened
Rolling coverage of the latest economic and financial news
Treasury ‘putting the squeeze’ on OBR over Labour growth plans amid tensions over downgrade
Rachel Reeves may have to find up to £30bn in tax rises or spending cuts if forecaster revisits expectations
Andy Burnham alarms investors with call to end UK dependence on foreign lenders
Approach would risk fresh bond market crisis, say investors, amid speculation Greater Manchester mayor is seeking Westminster return
The next big financial crisis may be brewing. Warning signs are already there
The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higher, says Guardian columnist Larry Elliott
Jerome Powell dismisses Trump’s criticism of ‘political’ Fed as ‘cheap shot’
Amid battle over independence, Fed chair pushes back against claim that central bank lets politics drive decisions
Unsold goods pile up at US factories as growth slows; JLR shutdown hits UK manufacturing – as it happened
Jaguar Land Rover’s disruption following a cyber-attack is hurting manufacturing, while OECD releases latest economic outlook
UK to suffer highest inflation in G7 this year, says OECD
International body warns British rate will be higher than that in US, despite effects of Trump tariffs
Trump’s Fed pick doubles down on calls to aggressively cut interest rates
Stephen Miran says rates should be below 3% by end of year and dismisses fears of US president’s tariffs stoking inflation
UK considers visa fee cuts for highly skilled as Trump hikes US charges
Starmer’s ‘global talent taskforce’ examines plans to make it easier for foreign academics and digital experts to relocate to UK
Scams, silence, rejection: US job seekers describe ‘depressing’ work prospects
Qualified candidates struggle in a sluggish market due to Trump tariffs, AI screening and vanishing entry-level roles
Trump’s $100,000 H-1B visa fee could hurt US growth, economists warn
Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly India
More Britons view AI as economic risk than opportunity, Tony Blair thinktank finds
TBI says poll data threatens Keir Starmer’s ambition for UK to become artificial intelligence ‘superpower’
Wealth tax would be deadly for French economy, says Europe’s richest man
LVMH owner Bernard Arnault, who could take €1bn hit, says proposed 2% levy ‘aims to destroy liberal economy’
Labour cosies up to US tech firms with little thought of downsides
Economic benefits of generative AI, which may take time to show, put ahead of impact of datacentres on energy and water