UK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live
UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade deal
My renewal quote for Co-op home insurance has almost tripled to £1,353
After previously paying £518, quote comes as shock to loyal customer who has made no claims in many years
Sanctioned Russia and Belarusian wood being smuggled into UK, study suggests
‘Chemical fingerprint’ shows 46% of wood samples certified as sustainable did not come from labelled country of origin
Government pauses plans to ease slot machine rules across Great Britain
Fast-growing AGC sector ‘frustrated’ by decision to shelve relaxation of ‘80/20’ regulations
Elon Musk to pull back in Doge role starting May amid 71% dip in Tesla profits
CEO to pare back White House work to one to two days weekly as analysts say role has caused branding crisis
Trump says he has no plans to fire Fed chief Jerome Powell after calling him a ‘major loser’
President says tariffs on China could be lowered days after lashing out over bank’s reluctance to cut interest rates
Gold climbs above $3,500 for first time as Wall Street rallies after slide
Dollar also recovers after Monday’s sell-off prompted by Donald Trump’s attack on Federal Reserve chair
Reeves flies to US to push Trump to sign trade agreement
Chancellor hopes to persuade Trump to cut tariffs on Britain’s exports
The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollars
Editorial: The US president’s economic agenda collides with fragile financial systems, triggering market fears, investor flight and developing nation chaos
UK manufacturers to cut jobs ‘within weeks unless ministers can strike trade deal’
Bosses from automotive, manufacturing and energy warned MPs about effect of Trump tariffs
British Steel halts redundancy plans after government rescue
Union welcomes announcement company is closing consultation on laying off up to 2,700 Scunthorpe workers
Even Trump must know that firing the chair of the Fed would be self-defeating
Jerome Powell is a soft target for the president amid economic instability. But getting rid of him would only invite more chaos
IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened
Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity
Ofcom closes technical loophole used by criminals to intercept mobile calls and texts
Regulator acts on leasing of ‘global title’ numbers after industry efforts to tackle problem were ineffective
Walgreens agrees to pay US up to $350m for illegally filling opioid prescriptions
Drugstore chain settles with DoJ over claims it dispensed millions of unlawful prescriptions for more than a decade