It’s tough at the top – but which business leader has the most at stake in 2025?

From post and planes to TV, phones and retail chains – and even a central bank – here are the chiefs facing the most testing of times

Wholesale gas price hits highest level in 14 months after Russian supplies stop

Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021

Ukraine president hails ‘one of Moscow’s biggest defeats’ as deal’s end brings power cuts in breakaway Moldovan region

Exports to cease on New Year’s Day as Europe faces cold snap and higher than usual fall in reserves since September

Analysts argue 2024 is minor blip and that lobbying for relaxation of rules could harm industry in long term

Unpredictable change will sweep through America, while old problems, from war to inflation, are likely to afflict other countries

Economists say EU countries hardest hit by 2010s debt crisis now in stronger position than France and Germany

Treasury minister denies claims by Bangladesh that she helped broker corrupt deal with Russia to build nuclear plant

British Chambers of Commerce asks for policy ‘reset’ after poll finds companies want greater flexibility

Chancellor’s visit to EU meeting looks for smoother trade to improve growth but youth mobility scheme remains sticking point

Workers in family-run businesses earn less on average and have fewer opportunities to progress into senior jobs

The Labour party’s determination to stick to Brexit simply condemns the UK to fight a lone hand against the far-right forces ranged against it

Germany’s chancellor backs auto industry as Volkswagen considers unprecedented plant closures

President-elect reignites fears of a trade war as he says bloc must make up its ‘tremendous deficit’ with US

Northern Ireland secretary hails rescue deal reached with Spanish state-owned company that secures all four shipyards