Trump claims EU is not offering a fair trade deal; Reeves pitches UK as ‘oasis of stability’; oil climbs as shares fall – as it happened
Rolling coverage of the latest economic and financial news
Reeves considers softening inheritance tax changes amid non-dom backlash
Chancellor is keen to mollify wealthy global investors and attract foreign investment into the UK
‘Vital’ that British steel gets Trump tariff deal after UK-US trade pact, say unions
Starmer should secure deal as soon as possible to exempt UK steel from US levies, says Community union
FTSE 100 closes near record high, and oil price falls, on reports Iran seeks talks with Israel – as it happened
Rolling coverage of the latest economic and financial news
Trump’s ‘revenge tax’ could threaten foreign investment into US, analysts say
Concerns raised that section 899 could backfire and also undermine dollar’s safe haven status
Policymakers who think AI can help rescue flagging UK economy should take heed
Healthy scepticism is needed because flaw is that large language models remain prone to casually making things up
Reeves braced for OBR forecasts to blow £20bn hole in tax and spending plans
Downgrades by Treasury watchdog could force chancellor to raise taxes or cut spending at budget to meet fiscal rules
Letting banks loose is back on the agenda as UK politicians chase growth at any cost
Labour has helped get ball rolling by lifting the bankers’ bonus cap but we have seen before how this play ends
There hasn’t been a ‘big chancellor’ since Osborne: IFS chief gives final mark
As he steps down after 14 years, Paul Johnson says politicians and voters refuse to accept economic tradeoffs
Daylight saving shapes how we spend, socialise and travel, NSW data reveals
Exclusive: As the shortest day of the year draws near, government study shows how earlier sunsets curb economic activity and public transport trips
Does Labour’s spending review signal a return to austerity?
Rachel Reeves is increasing overall budgets after deep Tory cuts, but some departments face bigger spending cuts than others
Demob-happy IFS director tears into Rachel Reeves’s spending review
Blistering analysis by outgoing chief concludes chancellor likely to end up ‘gnat’s whisker’ away from tax rises
Dollar slides to three-year low while FTSE 100 hits record high
Investors turn away from weakening US economy and erratic policy after Trump repeats tariff threats
UK’s FTSE 100 share index hits record closing high despite economy shrinking in April – as it happened
UK economy shrank by 0.3% in April, biggest fall since October 2023, as trade with the US slumped.. but FTSE 100 ends at new record close
UK politics: Reeves only a ‘gnat’s whisker’ from having to raise taxes in autumn, says IFS – as it happened
Institute for Fiscal Studies says Treasury figures for projected efficiency savings are not credible