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

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

Chancellor explores alternative ways to raise revenue to fill fiscal hole estimated at up to £30bn

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 hits 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

Asset manager famous for bet against US housing market says stock prices are unhinged from fundamentals

New documents reveal fresh details about the sex offender’s powerful connections

Like Gordon Brown’s ‘prudence for a purpose’, this chancellor should prioritise tax reform for transformation

Airline will use funds from US private capital firm to finance cabin upgrades and Starlink WiFi

The outgoing head of the Secret Intelligence Service on the rise of China, why Putin is not interested in talks — and how screen spies aren’t always far from the truth

TfL says changes needed to ensure scheme remains effective at managing traffic

Party will find it easier to push for leadership challenge now it is in power compared with opposition

Energy secretary rules himself out as potential successor to prime minister

Third-quarter figures dragged down by slide in manufacturing

Hundreds of millions of pounds in value wiped off market value of the paper in the past week

Bookings from younger passengers have allowed operators to defy the gloom in the rest of the travel sector