Starmer and Reeves should prepare UK for wealth tax, say top economists

PM could raise ‘tens of billions’ while positioning Britain as progressive, say Thomas Piketty and others

UK is stuck in a ‘debt doom loop’, says top investor

Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises

‘Climateflation’ could push up UK food prices by more than a third by 2050, report says

Exclusive: Increasingly extreme weather a threat to production and supply chains in Britain and elsewhere

Trump and von der Leyen announce US-EU trade deal

Agreement includes 15% baseline tariff for most EU exports to US after deal reached at Scotland crunch talks

The key to understanding Trump? It’s not what you think

Everything the US president does is for money – and in serving his avarice, he’s managed to triumph over the market

‘The American Dream is a farce’: US readers on the financial stress delaying milestones

Jobs, homes, kids, retirement – some say instability worsened under Trump is forcing them to postpone it all

Time over for banker remorse? Labour must beware relying on the City for economic growth

Financial crisis of 2008 should not be forgotten as reinflation of banking industry could hurt other priority sectors

From Krispy Kreme to GoPro, has meme-stock trading frenzy returned?

Shares in brands such as American Eagle and Wendy’s have surged, harkening back to the GameStop craze of 2021

Reeves should consider ending pension triple lock and charging for NHS treatment, says IMF

Chancellor is advised to give herself more leeway in the next budget before adjusting taxation or spending

A fifth of California homes are investor-owned as state’s affordability crisis deepens – report

New figures show that the Golden state’s rate of investor-owned homes is 19%, with mountain regions up to 83%

The Guardian view on global inequality: the rising tide that leaves most boats behind

Editorial: The world’s assets are piling up in the hands of the few as growth is built on widening gaps. That’s not just unfair – it’s economically unsustainable

European Central Bank leaves interest rates unchanged despite trade war uncertainty – as it happened

Live, rolling coverage of business, economics and financial markets as policy rate left at 2%

European Central Bank keeps interest rates on hold despite sluggish growth

Central bank shuns calls to reduce borrowing costs as higher US tariffs loom

UK firms cutting staff at fastest pace since February as economy struggles

Headcounts being reduced in response to higher taxes and uncertainty over US tariff threats, PMI survey shows

Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%

Charlie Nunn says higher taxation would be inconsistent with chancellor’s drive for growth