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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’

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  • French bond sell-off ‘reminiscent of the euro crisis’ as Paris proposes cuts and tax rises – business live
  • Would a gambling tax rise in the budget really shut shops and cost jobs?
  • UK airlines to be banned from charging parents to sit with children
  • Labour figures uneasy about Healey’s ‘underpowered’ approach to budget
  • US borrowing costs hit 24-year high as global bond sell-off intensifies
  • Britain in talks with European allies over release of emergency diesel stockpiles amid Trump pressure
  • Bond sell-off: US government borrowing costs hit highest since 2002, as UK 30-year bond yield hits 6% – as it happened
  • Crude oil exports from strait of Hormuz largely return to pre-war levels
  • Naomi Campbell wins legal challenge over charity trustee ban
  • Peta claimed victory when fashion stopped using fur – so why are they back hijacking catwalks?
  • Travelodge guests are still at risk, finds review launched after sexual assault
  • Bedford rail crash: train sped up after red light warning, say investigators
  • Ukraine persists with Russian oil refinery strikes in defiance of Trump
  • Should cockpits stay locked from the inside? Flydubai stabbing raises flight security questions
  • UK bookmakers that warned of rogue casinos profited from offshore gambling
  • I went to America’s largest gathering of astrologers. It was a battle over how to read the stars
  • Tech in cars can be used to snoop on you, Dutch spy chiefs warn
  • Britain’s scaffolding should be a source of national pride – instead we’re struggling to recruit workers
  • Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’
  • UK house price growth halves amid rising mortgage interest rates
  • Billions of dollars, none of it taxed: ATO reveals the tech giants paying zero income tax
  • The zero-bills home: how one family is beating the energy price hikes
  • Healey urged to offer energy support in budget as bills rise 4%
  • Rightwing economic myths could derail Burnham’s project – to destroy them, look to Keynes
  • Property prices are plunging in almost every capital city across Australia – see how your suburb rates
  • Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
  • Government must stop dithering over energy bill support for the vulnerable
  • New UK gas and oil projects are a ‘no-brainer’, says EDF boss
  • Economic growth in UK and US revised higher; diesel on brink of £2 a litre for first time – as it happened
  • Energy bills: what to do as prices head for £2,000 a year, from switching deals to insulating

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