FCA is ‘incompetent at best, dishonest at worst’, claim MPs and peers Financial watchdog needs a radical shake-up after scandals and failures, says all-party group’s report
Labour poised to announce £100m levy on gambling companies Money to be used to fund education and treatment of gambling harms in plans to be unveiled as soon as this week
‘Business cash cow has been milked,’ CBI chair tells ministers Rupert Soames urged government to water down workers’ rights plans after a budget ‘tough on business’
Is it time for another general election? I mean, it’s been four months The sense that anything you don’t like can be cancelled is gaining ground everywhere, as Starmer finds out
Ireland prices corporation tax loss from Trump policies at €10bn Figure costed for three multinationals repatriating to US after nomination for commerce secretary hits out at Ireland’s tax regime
Barclays’ retreat over regulator’s Qatari finding is a cop-out Bank still does not accept FCA finding that payments of £322m to Qatari entities should have been disclosed
‘We had no alternative’: Reeves defends her budget to the CBI Chancellor tells business leaders she stands by tax rises and points to Labour’s pro-growth policies
UK politics: Badenoch refuses to commit to reversing rise in employers’ national insurance in speech at CBI – as it happened Tory leader says she will not ‘comment on every bit of micro-policy’
Inheritance tax on farms should be delayed to avoid unfairness, says thinktank IFS suggests making gifts of land before a certain date tax-free so that elderly farmers would not be caught out
Cop29 deal fails to consider inflation so is not tripling of target, economists say Experts say financial movements mean poor nations will in effect get billions less in value from £300bn pledge
Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – as it happened Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretary
Macy’s says single employee was responsible for hiding up to $154m in expenses Largest US department store chain delays release of quarterly earnings report to investigate ‘erroneous accounting entries’
Trump tariff on China could lower global inflation, says UK economist Bank of England’s Swati Dhingra says threatened 60% tariff could lead exporters to cut prices elsewhere
What’s in store for returning Asda boss Allan Leighton? The ex-CEO turned the troubled supermarket around once before. Now he faces a new battle, from sorting retail basics to rebooting IT
Barclays fined £40m for ‘reckless’ failures in 2008 Qatari fundraising Bank’s shares rise as it disputes FCA finding it should have disclosed more about deal during financial crisis