US drugmaker Merck scraps £1bn London research centre and cuts 125 science jobs

New blow to UK’s key life science sector as industry body says country is losing ground on investment and research

Rachel Reeves tells private equity bosses she plans to shut down more regulators

Chancellor stopped short of saying which regulators were in government’s crosshairs

Key figures from No 10 and No 11 appointed to group include Torsten Bell, new economic adviser Minouche Shafik and comms chief Tim Allan

Rain Newton-Smith tells chancellor ‘the time for tinkering is over’ and revisit promise not to raise taxes on working people

‘Hard-working’ business secretary opens his tenure with delicate trade missions to Washington and Beijing

Deputy leader tells firms considering bidding for contracts to ‘not bother’ as party would spend on what ‘country needs more’

The failed status quo and the OBR are holding us back from investing in ways that will transform the UK for the better, says Labour MP Louise Haigh

The MP said police should be focusing on people who are members of the group, not those who ‘recklessly express support’ for it

Former chancellor is now partner at Robey Warshaw but is expected to move to part-time role, report says

Former science secretary promoted in reshuffle to continue UK efforts to revitalise trade relationship with Beijing

Industrialist and philanthropist who served as deputy speaker of the House of Lords for two years

Action will bring services to early finish on Sunday and close underground entirely for four days from Monday

As workers feel the pressure and more people tune in to Reform, Starmer risks losing union members’ support, Graham says

Older people would save anyway if state support was more limited, and overhaul of council tax would net billions more

Hollywood actor helps out at the Swan at Enford in Wiltshire as he and his neighbours fight to save their local