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Taylor Swift, Charli xcx and Springsteen among live music acts who gave UK £10bn lift in 2024

Report says concerts attracted record 23.5m fans, leading to unprecedented spend across British economy

White House says Canadian PM ‘caved’ to Trump demand to scrap tech tax

Trump officials hail U-turn as Mark Carney says decision to rescind digital services tax means revival of trade talks

UK economic growth confirmed at 0.7% in first quarter; Lincolnshire oil refinery calls in administrators –as it happened

UK-US trade deal kicks in today, lowering tariffs for British carmakers and aerospace sector

UK government wants investigation after Lindsey oil refinery owner falls into administration

Concerns over conduct of bosses at Lincolnshire site, with ministers saying workers had been ‘badly let down’

UK households hit by squeeze on living standards despite fastest growth in G7

ONS confirms GDP growth at 0.7% between January and March but households saving less of disposable income

Number of new UK entry-level jobs has dived since ChatGPT launch – research

Vacancies for graduate jobs, apprenticeships, internships and junior jobs with no degree requirement have dropped 32%, Adzuna finds

Rachel Reeves must rethink how tax and spend decisions are made after welfare U-turn

Binary rules and twice-yearly OBR forecasts have turned chancellor’s moves into grim spectator sport

‘It breaks my heart’: how a refinery closure is hitting jobs and politics

In the second in a series, the Guardian looks at how Grangemouth struggles as Reform UK hopes to win votes

The global south needs more than tinkering at a conference: debt forgiveness is the only fair way

Next week, a UN summit in Seville will discuss the future of financing the world’s poorer nations. It should first concede that the old methods have failed

Starmer still faces Labour anger over risk of ‘two-tier’ disability benefits

Rebel MPs will try to lay new amendment on Monday giving colleagues a chance to delay bill despite No 10 concessions

Reeves expected to freeze income tax thresholds to raise funds after welfare U-turn

Government’s concessions over welfare cuts leave chancellor with a growing hole in her budget

Wall Street hits record high on trade deal hopes; UK car exports to US halve due to tariffs – as it happened

Rolling coverage of the latest economic and financial news

Rising poverty in conflict zones ‘causes a billion people to go hungry’

In first assessment since pandemic in 2020, World Bank urges other countries to step up support

EU ready for trade deal with US but ‘all options on the table’, says von der Leyen

European Commission president says EU will ‘defend the European interest as needed’ as Trump threatens 50% steel tariffs

People dying early of cancer costs UK economy £10.3bn a year, study finds

Cancer Research UK says this is more than any other health condition and 350,000 years of productivity are lost

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  • Heathrow expects fall in passengers and profits this year because of Iran war
  • UK food and drink exports fall as US tariffs and Brexit trade friction bites – business live
  • Too hot for work: why extreme heat is a threat to Europe’s productivity
  • Crown estate makes more than £1bn profit for third year running
  • US media regulator Brendan Carr accuses Disney of ‘misinformation’ on investigations
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
  • Burnham could become PM on 17 July based on Labour leadership contest timetable – as it happened
  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened
  • Unison chief endorses Ed Miliband for chancellor in a Burnham government
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
  • Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
  • Reform UK plan to target EU nationals based in Britain ‘absolutely outrageous’
  • Great Britain’s grid operator pays £10m for extra power to avoid supply crunch tonight
  • Reeves backs Burnham to be PM despite reports she may be offered lesser role
  • UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
  • Rome airports threaten to suspend new EU passport system to avoid summer ‘disaster’
  • The great tinification: how Britain fell in love with canned cocktails
  • Elizabeth Warren says ‘tsunami of anger’ could prompt reversal of Trump-era mega mergers
  • EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
  • Fortescue class action: female workers claim sexual harassment at remote mine sites
  • It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs
  • 1 July changes: minimum wage rises, payday super, parental leave tweaks and everything else coming for 2026–27
  • Elon Musk loses trillionaire status as SpaceX and Tesla stock drops
  • Exploit last North Sea oil and gas or risk mass job losses, Andy Burnham urged
  • Another FTSE firm is under attack from a US raider. Demand top dollar
  • Bedford crash occurred after train passed red signal, investigators believe
  • Former WH Smith’s small suppliers to lose at least half of debts in rescue plan

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