Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffs

AI firms are ‘scraping the value’ from UK’s £125bn creative industries, says Channel 4 boss

Government plan over copyright-protected work would put industries in ‘dangerous position’, Alex Mahon tells MPs

Wild co-founders ‘land £100m’ from sale of natural deodorant maker

Childhood friends sell upmarket brand to Unilever, the maker of Marmite, Dove soap and Lynx deodorant

Scraps review – posh frocks and meal deals in a class comedy

Daisy Kennedy and Mia Macleod tussle with capitalism, class cliches and the cost of living crisis in this smart two-hander

‘Please leave feedback’: how constant online reviews are changing our brains – and our lives

We live under mutual surveillance, asked to leave public ratings for every purchase, meal, taxi ride or hair appointment. What is it doing to us?

UK food inflation increases as shoppers buy Easter eggs early

Lidl and Ocado grow strongly, but Asda loses market share despite recent reset, Kantar figures show

Average person will be 40% poorer if world warms by 4C, new research shows

Experts say previous economic models underestimated impact of global heating – as well as likely ‘cascading supply chain disruptions’

UK house prices stagnant in March as London struggles

Capital records lowest annual price growth in the country as Northern Ireland races ahead, Nationwide finds

Large majority of Europeans support retaliatory tariffs against US, poll finds

Survey shows between 56% and 79% across seven countries in favour if Trump introduces ‘Liberation Day’ levies

Millions of Britons brace for across-the-board bill rises in ‘awful April’

Ministers urged to act as energy, water, car tax, TV licences and a string of other increases squeeze households

‘It’s relentless’: Britons react to April bill rises amid Labour’s benefit cuts

Increases in council tax, energy and water come less than week after Rachel Reeves revealed raft of cuts to welfare

Trump joined by Kid Rock as he signs order to crack down on ticket scalpers

President backs ‘commonsense reforms’ to stop soaring resale prices as singer urges Congress to pass legislation

Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears

President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade war

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