Bank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact

Andrew Bailey says Brexit was not ‘wrong’ but welcomes the UK’s efforts to reset relations with the bloc

Michael O’Leary to get €100m bonus under deal to keep him at Ryanair

Payout is criticised as ‘morally questionable’ and an inefficient way of sharing company wealth

Wall Street up in early trading after US president commends bloc for calling to ‘quickly establish meeting dates’

Registrations for new vehicles in April drop to half 2024 figure despite a broader rise in battery electric cars

Fast-food chain’s plan on back of booming fried chicken market includes opening 500 new restaurants

Braunschweig court gives two former executives prison sentences for roles in emissions test-cheating scandal

European leaders call for ‘lowest possible’ border taxes after levies postponed from 1 June to 9 July

Airlines including Ryanair and easyJet have been accused of ‘exploiting consumers’ and ignoring a ruling over charges

Threat of 50% tariffs postponed until 9 July so both sides can ‘reach a good deal’ after pressure from European leaders

‘Much-loved’ Dinorwig hydroelectric energy storage site in Wales has a vital role to play in keeping the lights on

Maroš Šefčovič’s remarks come after pace of talks prompted Trump to propose 50% tariff on goods from bloc

President says EU imports to US will be subject to levy from 1 June as markets slump in reaction to ‘major escalation’

New trade deal with EU could make 41 border control posts built after Brexit redundant

Exclusive: £25m hi-tech facility at terminal had been called ‘white elephant’ even before latest EU deal scrapping some health and veterinary checks

EU trawlers to get 12 years’ access to UK waters, but some in Devon are hopeful about lower costs and less paperwork