Spain’s floods force some UK sellers to buy oranges from southern hemisphere
British suppliers source from South Africa and South America as Spanish farmers struggle to harvest and ship
Scott Bessent: billionaire hedge-fund manager who is ‘all in’ for Trump
The 62-year-old treasury nominee has spent his career in finance, and made a big bet on Trump winning the election
Trump’s picks of loyalists for financial posts ensures his economic agenda is unimpeded
Howard Lutnick and Scott Bessent, commerce and treasury nominees respectively, are sure to ignore economist’s warnings and follow Trump’s lead
Trump picks hedge-fund investor Scott Bessent for treasury secretary
Job is one of most powerful in Washington with huge influence over US economy and financial markets
Electric shock: carmakers battle strict UK electric car rules as big fines loom
As Ford announced cutting 800 UK jobs it said rules forcing companies to sell more EVs each year are ‘unworkable’
UK private sector is contracting as firms give ‘thumbs down’ to the budget, hitting pound – as it happened
Rolling coverage of the latest economic and financial news
Hats off to Jaguar’s ‘inclusive’ new branding: now people of all backgrounds won’t buy its cars
In the aftermath of Trump’s victory, the ad already looks like a period piece. But aside from that – I mean, seriously? says Guardian columnist Marina Hyde
Milan’s Via Monte Napoleone becomes world’s most expensive shopping street
Rental growth and euro’s strength against dollar help a European street to top of list for first time in 34 years
Spain fines budget airlines including Ryanair total of €179m
Operators say they will appeal against what Ryanair calls ‘illegal and baseless fines’ by consumer ministry
Budget blamed for first contraction in private sector for a year
Fall in activity in November pinned on chancellor’s tax rises as official figures also show drop in October retail sales
Bitcoin rises after SEC chair says he is to step down when Trump is inaugurated
Gary Gensler, a critic of the crypto industry, will leave the US financial regulator on 20 January
UAE urges countries to honour fossil fuels vow amid Cop29 impasse
Petrostate’s rebuke comes as Saudi Arabia and allies try to derail transition promise made at climate talks last year
Average annual energy bill to rise to £1,738 in Great Britain from January
Increase in energy price cap by Ofgem follows 10% rise for current quarter, heaping more pressure on households
Brighton council threw man’s belongings in skip after he died, says brother
Case shows gap in protections for deceased tenants’ families, with authorities’ property access policies varying
The fierce reaction to Australia’s new Future Fund mandate is a throwback to a bygone era
Peter Costello and John Howard should note that sovereign wealth funds now typically consider national policy objectives in their decisions