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Nick Clegg takes role at London-based venture capitalists Hiro Capital

Former deputy prime minister, who left Meta this year, to be joined by Facebook-owner’s chief AI scientist

Reeves criticises budget leaks and says income tax decision taken ‘in partnership’ with PM

Chancellor defends budget but tells MPs there were ‘too many leaks’ and that and much of them were inaccurate

Bank of England expects budget will cut inflation by up to half a percentage point

In a boost for Rachel Reeves, deputy governor says analysis shows chancellor’s policies will lower annual rate next year

Davey claims ‘historic victory’ for Lib Dems after tokenistic vote in favour of customs union with EU – as it happened

The vote will have no practical impact, despite Davey’s ‘historic’ claim

Badenoch announces Tory review of which conditions qualify for benefits

‘Age of diagnosis’ of ‘low-level mental health issues’ such as ADHD making system too costly, Conservative leader says

‘Bring it on!’: growing support in England for four-day week in schools

Why proposals for a shorter working week are winning over teachers and parents – despite the logistical headaches

Extracting hangovers from beer: inside Budweiser owner’s ‘nolo’ brewery in south Wales

AB InBev unveils its ‘de-alcoholisation’ annex at Magor site as demand for once ‘lousy’ low- or no-alcohol beer rises

Local authorities in England and Wales warn finances at ‘breaking point’

More councils expected to fall into bankruptcy in near future as they face nervous wait over government funding

‘Zombie’ electricity projects in Britain face axe to ease quicker grid connections

Backlog delaying ‘shovel-ready’ ventures will be cleared with aim of building virtually zero-carbon power system by 2030

Keir Starmer to make Iceland boss Richard Walker a Labour peer

Appointment marks a rapid political transformation for a former Tory donor and potential candidate for MP

Forcing UK banks to support credit unions would help keep loan sharks at bay

High street banks dodged a windfall tax – now they should invest in growth of local lenders

Friday briefing: After ​constant leak​s and ​a resignation​, is the OBR ​still ​fit for ​purpose?

In today’s newsletter: ​Critics say the OBR’s growing influence has outpaced its accountability​, raising questions about whether it serves the public, the Treasury, or the markets

Explaining UK debt with biscuits: Labour MPs get the hang of viral content

Gordon McKee, whose explainer has racked up 3m views, leads way as party tries to harness power of social media

Rachel Reeves will not be investigated over pre-budget briefing, FCA says

Regulator leaves door open for follow-up as it rejects calls for formal inquiry into claims against Treasury officials

Crypto investor gives £9m to Reform UK as donations exceed those to Tories

Christopher Harborne’s record gift revealed in Electoral Commission figures prompts renewed calls for cap on political donations

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  • New Bradford railway station will ‘transform travel across the north’
  • North Sea strikes could severely disrupt UK fuel supplies, union warns
  • ‘Concerning issues’ found at GB power grid by inquiry into cover-up claims
  • France hit by debt sell-off as violent protests unnerve investors
  • Bank of England said to be reviewing Barclays’ handling of private credit loans
  • Violent street protests in France and Italy trigger stock and bond sell-off and send euro lower – as it happened
  • The Canary news website announces closure after ‘vicious campaign against us’
  • AI firm Anthropic to commit 5% of shares to fund for ‘public good’
  • HelloFresh workers claim physical abuse and denied bathroom breaks in class-action suit
  • China’s economy grows faster than forecast after AI boom boosts exports
  • More than half of UK first-time buyers paying more for mortgage than they did for rent
  • UK government promises disabled air passengers better safeguards
  • The housing crisis is now global. It shows just how undemocratic our nations have become
  • Profit warnings from UK-listed firms at highest level in two years as Iran war drives up costs
  • Electricity costs put UK steelmakers in worst position in three years against EU rivals
  • Microsoft pulls out of AI datacentre project in Essex over power supply concerns
  • Small business owners are doing OK – but will that help Trump overcome his low approval ratings?
  • World leaders must wise up to threat of cyber-attacks or rogue fridges will be least of their worries
  • World Bank says ‘small AI’ could transform developing countries
  • More peas, please! 17 delicious ways to devour Britain’s most brilliant vegetable
  • Condé Nast’s UK profits drop by more than a third as sale of Vogue publisher ruled out
  • Heat pumps and insulation would cut UK living costs more than new oilfields, study suggests
  • Intensifying drone attacks on ships in Black Sea bring war ever closer to Nato shores
  • Why Britain should reject the lure of cheap – and scary – Chinese AI
  • Bank of England governor walks out of IMF summit in protest against Russia
  • US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds
  • ‘Countries are defying gravity’: how much longer can global economy resist chaos?
  • Stinky business: south London bike shop hit by ‘unbearable’ stench from Thames Water sewer
  • Plan to make firms pay more to train older workers than youth apprentices in England
  • Healey backs pro-growth case for Heathrow third runway after Burnham ducks issue

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