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‘A step-change’: tech firms battle for undersea dominance with submarine drones

As navies seek to counter submarines and protect cables, startups and big defence companies fight to lead market

‘Mortified’ OBR chair hopes inquiry into budget leak will report next week

Reuters news agency says it obtained document after visiting URL it predicted file would be uploaded to

Budget tax rises may be ‘fiscal fiction’ as pain delayed for election year, IFS warns

Labour MPs welcome scrapping of two-child benefit cap but worry about hefty future tax increases on constituents

Government to ditch day-one unfair dismissal policy from workers’ rights bill

Flagship Labour plan to be replaced with six-month threshold after Peter Kyle vows to not let businesses ‘lose’ under new law

The chancellor’s growth mission is missing in action

Businesses grumble about lack of ambition and urgency as Rachel Reeves continues to shy away from meaningful tax reform

Ministers face calls to explain how £6bn Send funding hole will be paid for

Bridget Phillipson tells MPs that Send costs in England will not fall on core schools funding but on government budget

Starmer says budget did not break manifesto tax pledge – as it happened

PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’

Energy minister says UK must ‘do whatever it takes’ to avoid gas supply crisis

Official advisers urge government to address situation that could mean homes and businesses going without on coldest days

Rachel Reeves’s budget creates tax break for rich former non-doms

Cap on inheritance tax paid by their offshore trusts will only help those worth more than £83m, say experts

‘It was just … meh’: the voters who feel ‘tinkering’ budget let them down

Research group More in Common spoke to former ‘blue wall’ constituents unimpressed by ‘chaotic’ U-turns

Freeze on student loan repayment threshold could leave graduates struggling, NUS warns

Graduates in relatively low-paid jobs earning close to minimum wage will have to repay ‘more, much sooner’

Keir Starmer says Labour ‘kept to our manifesto’ over budget tax rises

PM seeks to rebuff claims government broke its promises while conceding budget ‘asked everybody to contribute’

Analysts back British gambling firm stocks despite tax rises for sector

Paddy Power owner Flutter and other betting and gaming firms say higher online gambling taxes will hit profits hard

Income tax threshold freeze will hit poorer households harder, experts say

Move will have greater impact on living standards of taxpayers in bottom half of income scale, thinktanks say

US banks announce UK expansion projects hours after budget

JP Morgan and Goldman Sachs reveal plans for London and Birmingham as sector is spared tax rises

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  • Burnham tries to calm bond market fears as sell-off threatens crucial first budget
  • The Guardian view on Kemi Badenoch and the economy: a plan stuck in the Tory comfort zone
  • Burnham beware, the bond markets will demand proper answers in the budget
  • UK politics: Andy Burnham pressed on borrowing costs and spending at first PMQs – as it happened
  • Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm
  • Australia’s economy limps along, but the RBA should take a closer look before raising interest rates again
  • We’re purchasing EVs instead of holidaying in Europe – and what else we learned from Australia’s national accounts
  • BP seeks to end years of boardroom turmoil with appointment of new chair
  • Bond market sell-off calms as oil price drops, and Burnham pledges ‘fiscal responsibility’ – as it happened
  • Tim Cook handed $47m package for new role as executive chair of Apple
  • Architect of UK’s AI strategy joins Anthropic amid conflict of interest warning
  • UK government does not know what datacentres are being used for, FoI request shows
  • Taxing the banks: what Europe’s windfall levies brought in as Burnham eyes his next move
  • Trump’s ridiculous bullying of Canada is backfiring
  • Barclays faces complaint over backing for power plant near world’s largest mangrove forest
  • Range Rover launches its first electric vehicle, with starting price of £154,070
  • Ryanair warns air fares in Europe will jump next year if oil price stays high
  • Global bond sell-off intensifies as US-Iran tensions stoke inflation fears
  • Fake 10 Downing Street listing on Booking.com highlights security failures
  • Britain is OK with public ownership, but only by foreign powers. Why?
  • Pentagon official overseeing military AI sold millions worth of stock in AI firm
  • The Guardian view on the global bond shock: Andy Burnham should take note
  • Burnham says Brexit brought ‘decade of low growth’ in first Commons address as prime minister – as it happened
  • Private equity keeps picking off London-listed firms – and Westminster barely notices
  • Mark Carney tells US to ‘start being serious’ amid escalating trade war
  • ‘Not perfectly aligned’ with human values: Anthropic admits security failures behind AI hacking incidents
  • Dyson launches £420 toothbrush that films ‘live cleaning footage’ inside your mouth
  • UK long-term borrowing costs could halve chancellor’s budget headroom
  • Global bond rout deepens as oil prices jump; wheat prices highest since early 2023 – as it happened
  • London Stock Exchange to lose three more firms after takeover offers

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