Trump’s tariffs have hurt tea exports to the US, says Fortnum & Mason boss

Tom Athron says stricter rules on country of origin and end of ‘de minimis’ exemptions are up and sales down

Labour must rethink growth strategy to curb rise of far right, says top economist

Former Bank chief economist Andy Haldane says left-behind communities need investment to stem populist tide

Weaker growth outlook would set chancellor on course to break her fiscal rules without significant action in budget

Manufacturers say new rules on passing on assets threaten investment and future survival of businesses

“Pensioners will be rejoicing at the prospect of an inflation-busting rise to the state pension from April next year,” says analyst

An inflation-busting rise in payments is likely to reignite debate about the system introduced in 2011

Increase will put further pressure on Rachel Reeves as ONS figures show pay growth slowing and job losses rising

Firms are reluctant to hire and unemployment is rising, as inflation dulls the impact of higher wages

Senate votes 48-47 to confirm Stephen Miran as Fed governor but court rules Cook may remain in place

Chancellor hosting Downing Street talks with Treasury secretary, which are aimed at securing more US investment

The US and China have reached a framework deal on short-video app TikTok at talks in Madrid today, US treasury secretary Scott Bessent has said

Slowing growth in factory output and retail sales prompts calls for fresh economic stimulus

Discount supermarket’s UK boss says potential budget measures may weigh on consumer spending decisions

Agreements include plan to build 12 reactors in Hartlepool with Centrica, creating 2,500 jobs, and fast-tracking UK and US safety checks

Greatest damage from heat, drought and flooding done in Cyprus, Greece, Malta and Bulgaria