Treasury modelling suggests adding national insurance to tax bills of lawyers and accountants could cost more than it raises

Claim in London High Court sought £36bn in damages for 620,000 alleged victims

Risky to raise revenue via tweaks and novel taxes, especially through rushed changes

Dramatic U-turn ahead of Budget had sparked sell-off in gilts and pound

Investors worry over high valuation of companies

Larry Ellison’s software company falls more than rivals over its borrowing and reliance on OpenAI contracts

A disconnected class is taking shape, but is absent from the headline statistics

Small group of businesses avoided losses on car parts supplier’s collapse by refusing credit or cutting exposure

Litigation over the Mariana disaster in Brazil was overshadowed by tension between Pogust Goodhead and its backer

Asset manager is revamping flagship quant hedge fund to add stockpicking

Growing amount of unreported transactions presents challenge for bullion market traders

Extending the freezes beyond 2028 would raise £8.3bn in 2029-30, estimates Institute for Fiscal Studies

Washington agrees frameworks with Argentina, Ecuador, Guatemala and El Salvador on a range of products

Downing Street’s bizarre war on itself is a symptom of a government whose ideas dissolve on contact with reality

U-turn on measures to raise revenue to fill fiscal hole sparks sell-off in gilt market

Row over impartiality has led to calls for veteran Tory to step down from broadcaster’s board

Public service broadcaster says there is no basis for a defamation claim by the US president

Billionaire who pleaded guilty to insider trading is the latest in a series of amnesties granted by the US president

Carmaker gives no details on pledge, which is in addition to Tokyo’s $550bn commitment in return for lower tariffs

Investor concerns over lofty valuations for artificial intelligence companies hit sentiment

Canadian billionaire Lawrence Stroll discussed a deal with PIF for struggling luxury auto group

For the foreseeable future, the market is facing a shortage of capacity — hardly the conditions that spell imminent disaster

… while pub quiz photographer misses scoop

Hedge fund’s Innsworth arm claims property site overcharges estate agents in £1bn case