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British Steel: more questions than answers on the future

Hard decisions over a possible sale and future subsidies loom now full nationalisation is on the cards

UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

Bond yields creep higher on concerns about potential for political instability and rising inflation

Full nationalisation of British Steel expected in king’s speech

Officials reportedly drafting legislation likely to safeguard Britain’s last blast furnaces and save thousands of jobs

From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success

The group’s latest triumph won over the Department for Business and Trade, now it is eyeing private care providers and supermarkets

Defence sovereignty: Europe races to build the low-cost weapons of future

With Trump wavering on Nato and war in Ukraine, Europe is scrambling to spend billions on weapons such as drones

UK borrowing costs fall and pound rises after Starmer says he will stay as PM

Bond yields drop as market fears ease that Labour leader will be replaced by a more leftwing rival

Airline emissions in Europe top pre-Covid levels despite pledge to decarbonise

Promises to cut emissions and use more fuel-efficient planes fail to stop rise, with Ryanair’s carbon footprint 50% up on 2019

Our cities are choked by cars – here’s how experts would fix them

Turning parking bays into green spaces and prioritising cyclists may be the fastest routes to improving urban life

BP plans to sell shares in flagship carbon projects as it pulls back from green agenda

Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR says

Trainline says Middle East tensions hitting European rail bookings

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year

Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows

Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costs

Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter

Rachel Reeves and Scott Bessent argued in person about Iran war, sources say

UK chancellor said to have told US treasury secretary she did not like his tone during meeting in Washington in April

New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998

Inflation fears fuelled by Iran war and renewed uncertainty over Starmer’s leadership prompt bond sell-off

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