Global carmaker shares rise on tariff exemption hopes; British Steel to get furnace supplies today – business live

Markets cheered by Donald Trump’s latest (potential) climbdown on tariffs; JD Vance sees good chance that US and UK will strike ‘great agreement’ on trade

Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%

JD Vance says US hopeful of ‘great’ trade deal with UK

Vice-president says Donald Trump ‘loves’ the UK and there is good chance of reaching mutually beneficial agreement

A train from the UK to Italy? We’ve heard that one before, but I’m on board

It’s a lot easier to tease new cross-Channel rail services than it is to actually start running trains. I’m crossing my fingers anyway, says author Jonn Elledge

The rise of the digital fishmonger: how Covid helped customers buy fresh from the boat

Britain’s traditional retailers were in decline for years. Then the pandemic changed how we buy food and boosted the fishing industry

UK business confidence falls to lowest level in over two years, survey shows

Accountants’ institute says first quarter of 2025 was ‘harrowing’ for companies amid tax rises and US tariffs

Trump administration freezes $2.3bn in funds after Harvard defies demands – as it happened

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‘Silicon Six’ accused of avoiding almost $278bn in US corporation taxes over 10 years

Analysis finds Amazon, Meta, Alphabet, Netflix, Apple and Microsoft averaged 18.8%, compared with 29.7% US average

‘Welcome green shoots’: warm March weather gives 1.1% lift to UK retail sales

Spring sunshine boosted spending on gardening, DIY and food products, but households are still ‘prudently budgeting’ as bills rise

UK’s oldest Indian restaurant faces closure in dispute with crown estate

Owner of Michelin-starred Veeraswamy, London, heads to high court to object to ‘heartless’ plans to upgrade building

‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally

Chinese customs official says trade has diversified away from US in recent years and plays up ‘vast domestic market’

The Guardian view on taking back control of steel: in state hands, but far from sorted

Britain’s steel story demands strategy, not just nostalgia – and a future that’s fair for all

The Guardian view on Friedrich Merz’s grand coalition: gambling on a new centre ground

Editorial: The deal signed last week between the centre-right CDU and centre-left SPD paves the way for vital investment in Europe’s biggest economy

Goldman Sachs boss says chances of US recession have increased after Trump tariffs

David Solomon warns that escalating trade war poses ‘material risks’ for US and global growth

Topgolf founders raise $34m to turn pool hi-tech as activity bars boom

Steve and Dave Jolliffe plan to open first Poolhouse in London next year