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

Office for National Statistics has ‘deep-seated’ problems and needs an overhaul

Devereux Review on the UK’s main statistics body also says a revision of past figures may be required

Bank of England governor warns of slowdown in the UK jobs market; review finds failings at ONS – as it happened

Andrew Bailey says slack appearing in labour market, after Keir Starmer tells businesses they have made a ‘huge difference’

Growing signs of slowdown in UK jobs market, says Bank of England governor

Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decision

Chinese exports to UK rise as firms seek to avoid US tariffs

Data shows 16.1% jump as Bank of England suggests influx of cheaper goods could bear down on inflation

Post-Brexit Britain ‘too focused’ on major trade deals, ministers say

New strategy to focus on ‘more agile’ modest agreements, as opposed to wide-ranging deals

British Business Bank back in the spotlight with £10bn UK growth mandate

Louis Taylor, CEO of state-owned lender, targets investment in eight key UK sectors as he prepares defence at Covid inquiry

Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

Bank governor wades into row over Reeves’ focus on fiscal rule forecasts

Andrew Bailey says OBR projections – which the chancellor uses to calculate headroom – shouldn’t be ‘over-interpreted’

Bank of England governor Andrew Bailey warns Trump trade wars are creating unpredictability; UK restricts steel imports – as it happened

Bailey says the BoE doesn’t know how trade wars will play out, as UK brings in new restrictions on steel imports

As Starmer unveils his 10-year plan, here’s my advice: don’t fall into the Joe Biden trap

The ex-president spent billions reforming the US economy for the long term – but the Democrats lost. Labour must learn that prices in the here and now matter too, says the IPPR’s Sam Alvis

Goldman Sachs warns Brent crude could hit $100 per barrel if strait of Hormuz is disrupted; oil dips as Trump demands lower prices – as it happened

Rolling coverage of the latest economic and financial news

US strikes on Iran could damage global growth, says IMF chief

Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz

UK industrial strategy: the key points – and what’s missing?

Plan to drive growth in eight sectors through measures such as trade support and cutting energy prices