Wealthy Britons avoiding more tax than previously thought, spending watchdog says

NAO says tax gap for rich individuals may be much more than £1.9bn and urges ministers to redouble efforts

Delay farmer inheritance tax changes ‘to allow for better formulation’, say MPs

Report says proposals ‘threaten to affect most vulnerable’, who would be helped by more time to seek advice

Ministers to block Thames Water paying bosses bonuses out of emergency loan

Exclusive: Firm close to insolvency says using £3bn loan to pay ‘substantial’ bonuses is vital to retain senior managers

UK asking other countries to host ‘return hubs’ for refused asylum seekers, Starmer confirms – as it happened

PM on trip to announce increased cooperation against people smugglers alongside Albania’s prime minister, Edi Rama

GDP rise and a less scary outlook offer Rachel Reeves some rare cheer

After two sickly quarters, upbeat growth data and UK trade deal with US paint brighter picture

UK economy defies gloomy warnings to grow 0.7% in first quarter of year

GDP rise follows stronger levels of business investment as firms rushed to beat Donald Trump’s tariffs

London dominates England’s social mobility league with top 20 places

Sutton Trust’s ‘opportunity index’ measured six factors including children on free school meals passing GCSEs in maths and English

Labour’s open door to big tech leaves critics crying foul

Promises of tech-driven growth give big US firms access to Downing Street that leaves rivals in the cold

Minister accused of being too close to big tech after rise in meetings

Exclusive: Technology secretary Peter Kyle had 28 meetings with people in or close to tech sector in six months

‘Significant doubt’ revealed over Bank of London’s ability to keep operating

Auditors question if Peter Mandelson-linked firm can raise adequate funding after news of regulator’s investigation

China issues warning to UK over terms of US trade deal

UK accused of aligning with US in move that could compel firms to exclude Chinese products from supply chains

Keir Starmer is caught in yet another trap of his own making

The prime minister’s immigration approach follows a now-familiar pattern: letting fear of a difficult argument get in the way of policy that might work, says Guardian columnist Rafael Behr

Thames Water finances were ‘hair raising’, chair tells MPs

Adrian Montague also said some bosses in line for payouts of ‘50% of salary, very substantial bonuses’

Chlorinated chicken and hormone-fed beef not crucial to UK trade deal, US suggests

US agriculture secretary says country is moving away from both methods of production, illegal in UK and EU