Wall Street recovers from global sell-off as Trump tariffs fuel recession fears – as it happened

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs warn US recession more likely

BA owner’s shares fall as Virgin Atlantic warns of slowdown in US demand

Sir Richard Branson’s airline returns to profitability but says consumer uncertainty is hitting bookings

Sun owner’s losses related to phone-hacking claims top £1.2bn

News Group Newspapers reports a pre-tax loss for the year to 30 June 2024 of £18m, its smallest since 2011

The barbarians are at the gates of the sewage works

Choosing KKR as the preferred bidder for the UK’s biggest water company may not fill Thames Water’s workers with joy

No 10 says it expects UK to be hit by new Trump tariffs as trade deal talks drag on

Downing Street says it ‘reserves right’ to respond to protect national interest when US levies are announced this week

Will bills continue to rise and what does it mean for Labour?

February’s dip in inflation was only a blip – the pain for consumers and the UK economy is poised to continue

Are accusations Australian supermarkets are price-gouging inflated?

The Albanese government pledges to crack down on ‘price-gouging’, but there is no clear definition of what it is – and charging high prices is not illegal

Politicians criticise US efforts to make EU firms reverse diversity initiatives

Officials in France and Belgium hit out at ‘American interference’ amid growing transatlantic tensions

UK savers could have up to £110,000 protected under regulator’s new plan

Rise from current limit of £85,000 would be first big change to protection scheme since 2008 banking crisis

US Bank vice-chair Terry Dolan believed to be on board crashed plane in Minnesota

Authorities still confirming identity of those on board fallen aircraft that crashed in Brooklyn Park on Saturday

Global stock markets fall as new Trump tariffs loom

Threat of deepening trade war on eve of Trump’s ‘Liberation Day’ spooks investors across US, Asia-Pacific and Europe

Thames Water names US private equity group KKR as preferred bidder

KKR expected to acquire stake worth £4bn as UK’s biggest water supplier tries to stave off nationalisation

UK oil firm admits ‘cultural failings’ after it withheld figures from auditors

Shares nosedive at Wood Group after Deloitte review finds ‘inappropriate management pressure’

Primark boss admits ‘error of judgment’ and resigns after woman’s allegation

Paul Marchant accepts behaviour fell below standards expected at owner Associated British Foods

‘Sim farms’, high heels, zombie knives: what scammers buy with the money they steal

A haul of items seized by police reveals the scale and threat of payment fraud – a crime that can have significant emotional impact on victims