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