Sanctioned Russian and Belarusian wood smuggled into UK, study suggests ‘Chemical fingerprint’ shows 46% of wood samples certified as sustainable did not come from labelled country of origin
Spain unveils €11bn plan to reach long-delayed Nato defence spending target Spanish PM says ‘industrial and technological plan’ will ensure country commits to spending 2% of GDP on defence
Why the UK’s electricity costs are so high – and what can be done about it From nationalising gas plants to boosting renewables, how soaring prices could be tackled
Jim Ratcliffe’s chemicals business under pressure from Trump tariffs, Moody’s warns Rating agency downgrades Ineos Quattro as it says ‘trade barriers’ could affect it for next two years
British food and drink industry call on EU to ‘reset’ trade ties Retailers and food producers offer to help efforts to reduce ‘unnecessary red tape’ costing industry billions of pounds
‘I don’t want to give money to this America’: tourists’ fears of US travel under Trump With US visits down 11.6% in March compared with last year, people share their views and experiences on the US border
Meloni says Trump to visit Rome after Washington talks over tariffs Trump praises Italian PM and accepts invitation that could present chance to meet other European leaders
ECB cuts rates for third time this year as Europe braces for Trump tariffs Quarter-point cut in main rate to 2.25% aims to tackle slowing eurozone growth and impact of US border taxes
Polish parcel locker network InPost buys UK delivery firm Yodel for £106m Deal will create third largest independent delivery business serving online retailers in Britain
Hungary ‘rapidly going in wrong direction’, EU lawmakers warn after visit – as it happened Delegation of European parliament lawmakers raise concerns about ‘number of worrying developments’ concern country’s compliances with EU values
Tariffs more likely to bring UK price cuts than inflation, says WH Smith boss Carl Cowling says there is ‘no logic’ in why there would be inflation as east Asian suppliers seek alternatives to the US
EU mulls plan to let importers break Russian gas contracts without penalties European Commission may reportedly let companies declare force majeure as part of strategy to rid bloc of Russian fossil fuels by 2027
A train from the UK to Italy? We’ve heard that one before, but I’m on board It’s a lot easier to tease new cross-Channel rail services than it is to actually start running trains. I’m crossing my fingers anyway, says author Jonn Elledge
The Guardian view on Friedrich Merz’s grand coalition: gambling on a new centre ground Editorial: The deal signed last week between the centre-right CDU and centre-left SPD paves the way for vital investment in Europe’s biggest economy
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’