Fiscal drag accounts for two-thirds of those paying the additional rate of income tax

Wealth managers issue warning as worries grow among people in their 20s over the economy and job prospects

A lack of intrepid amateurs might explain stagnant societies

The next bailout is likely to involve inflationary financing of fiscal deficits by central banks

Regional leaders fear proposal to rebuild half of enclave under Israeli control will lead to long-term partition

Both sides must abandon false moral certainties and oversimplified historical narratives if the cycle of violence is to be broken

US president grants relief to fellow rightwing populist after moving to punish Russia over lack of peace deal with Ukraine

Biotech says it opted for revised offer from US pharma company after rival Novo bid raised antitrust concerns

Asset manager’s move to close Impact Opportunities strategy comes amid broader pullback from ESG

Defence secretary announces measures to increase competition for Pentagon contracts

Move would reduce tax benefits from salary sacrifice pension schemes as chancellor aims to fill fiscal hole

Property and other assets are being used as collateral in fast private loans for those who have little cash on hand

Partners called vote to oust chief after controversial incidents rocked Silicon Valley venture capital firm

The history of politicians who go back on their words has lessons for Rachel Reeves as she mulls raising taxes

Increase would be balanced out by national insurance cut, officials say, as Rachel Reeves prepares for Budget

Overnight negotiations between holdout creditors and the car parts company yield a breakthrough over financing terms

One thing is for sure: the opening act of the US president’s second term is over

What are Rachel Reeves’ options?

Nasdaq falls 3% over the five-day period as investors worry about sky-high valuations

A lack of political will has turned the problem of too many out of work into a system that fails everyone

More than 800 journeys axed after government shutdown exacerbates air traffic controllers’ workload

The numerate and money-confident students of today will bring benefits to the UK economy tomorrow

The 94-year-old doyenne of British abstract art on influences from Seurat to Mondrian, her wartime childhood in Cornwall — and ‘the healing power of looking’

Senior City figures have been reassured that accountancy and law firms will not pay full national insurance rate