Trump’s 10% tariff on most UK goods ‘here to stay’, says Lord Mandelson British ambassador to US believes universal levy unlikely to change but there is ‘scope’ for negotiations in some sectors
Starmer and Reeves promised honesty about public finances. Can they stay the course? Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loom
Thousands of BBC jobs at risk as broadcaster considers major outsourcing drive Exclusive: BBC understood to be speaking to US tech giants as it desperately seeks cost savings
Fall in UK GDP puts focus back on expectations of tax rises in autumn budget Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recovering
Zonal pricing is dead. Now Miliband should be less absolutist on his 2030 goals The imperative ought to be to bear down on costs for consumers, starting with a more pragmatic approach to generation targets
UK government abandons energy ‘zonal pricing’ plan Proposal to vary electricity charges in England, Wales and Scotland based on supply and demand dropped in favour of ‘fair and affordable’ single price
Last orders: Pubs in Britain will close at rate of one a day in 2025, trade body warns The British Beer and Pub Association calls for help to cut pub costs with 378 pubs in England, Scotland and Wales likely to call time this year
As much as £5bn needed to revive UK’s struggling high streets, study finds Business rates cuts not enough as people in poorer areas simply ‘don’t have money to spend’, says Centre for Cities
Labour MPs alarmed by rise in sponsored events arranged by party Invitations for receptions sent from parliamentary office include ads for housebuilders and public affairs firms
Bank of England rolls out looser mortgage rules to help first-time buyers Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder
HS2 already billions over budget with work ‘just over halfway done’, says rail boss Total overspend on high-speed rail could be as high as 100%, Mark Wild, who runs the project, told MPs
Prax Lindsey oil refinery owners urged to ‘do decent thing’ for workers UK government writes to husband and wife team amid concerns finding buyer for insolvent plant will be difficult
Looser bonus rules and tax breaks needed to save London stock market, says CBI Industry lobby group draws up 20-point plan to stop London ‘drifting into irrelevance’
London’s stock exchange needs a shot in the arm from the Treasury A marketing campaign is all very well but if the LSE’s fortunes are to turn, the real oomph needs to come from the chancellor
ASA cracks down on online pharmacies advertising weight loss injections Watchdog releases nine new rulings setting clear precedents for online selling