EY fined almost £5m for breaching standards in Thomas Cook audit EY admits to failings in assessment of 2017 and 2018 financial statements of travel firm, which collapsed in 2019
FTSE 100 index surges as Trump’s tariff U-turn sparks market rally – business live China’s 84% retaliatory tariffs on US goods come into effect on Thursday, but there’s relief that Trump has paused levies against most countries
US small business owner says China tariffs endanger her company: ‘I could lose my home’ Beth Benike, whose products are manufactured in China, is ‘terrified’ what Trump trade war will mean for Busy Baby
China says Trump’s trade war ‘will end in failure’ as Beijing tariffs take effect China’s 84% tariffs on US products come into force amid market relief after Trump pauses steep tariffs elsewhere
Tory peer helped secure meeting with minister for Canadian firm he advises Ian Duncan ‘facilitated an introduction’ for Terrestrial Energy, which was seeking government funding
AI avatar generator Synthesia does video footage deal with Shutterstock British startup will license content to train latest model for more ‘human-like performances’ from its avatars
Tesco to cut further £500m in costs to help offset Reeves’s tax rises Supermarket deepens existing measures and forecasts lower profit for year amid price war with rivals
Trump tariff pause brings relief for global stock markets Markets across Asia rise, with signs that trade war may not be as damaging to global economy as feared
Australian stock market surges but investors warned ‘we’re not out of the woods just yet’ Global economy ‘faces enormous risk in weeks and months ahead’ and Wednesday’s bounce may be a ‘cruel bear market’ rally, economist says
There are opportunities for Keir Starmer in Trump’s trade chaos. Here’s how he can seize them From fiscal rules to universities, doors have opened that were shut three months ago. Our future depends on which he chooses, says Guardian columnist Martin Kettle
Green activist group is pausing work after backlash by investors Dutch group Follow This says it will not file any resolutions against oil and gas companies this AGM season
Thursday briefing: Trump puts global tariffs on pause – but hikes them for China In today’s newsletter: White House officials send mixed messages over Trump’s stunning U-turn
Trump’s tariffs may be reduced but their impact will be felt in the UK and beyond We examine potential consequences of US president’s market chaos, which could reach every corner of global finance and economy
Gordon Brown calls for ‘economic coalition of the willing’ to tackle Trump tariffs Former PM says it is also the moment for the UK to go even further in renewing ties with the EU
Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent it In the first of a two-part series, the former prime minister outlines a global response to Donald Trump’s tariffs