Discussions come as bank’s new boss pushes through cost-cutting drive

Temporary order restricts efforts of billionaire’s Department of Government Efficiency to infiltrate multitrillion dollar system

Departure of Abby Thomas comes during review of customer redress system in financial services sector

China’s rise has made the fracturing of the global order into competing power blocs inevitable

Revised economic estimates represent blow to Labour but buoy stock market and gilts

Keir Starmer’s style is too decorous to be seen as insurgent but that’s what the political moment calls for

US president’s plan to expel Gazans may embolden Israeli ultranationalists bent on annexing West Bank

President says plan to take over and resettle Palestinians elsewhere ‘in the region’ won’t require American troops

Top US diplomat echoes Donald Trump and Elon Musk in condemning promotion of ‘solidarity’ and ‘sustainability’

Over 80% to be exempted by reforms aimed at cutting red tape and boosting productivity

Registrations in Germany fall 59% amid consumer backlash against Elon Musk’s political activism

Bank of England reduces interest rate to 4.5% and halves 2025 growth forecast

Investigation examines how French IT group Atos used Moscow office for sensitive European computer project

All political careers may end in failure, but the UK’s new ambassador to Washington, Peter Mandelson, isn’t done yet

Global investors had time to prepare for Donald Trump’s tariffs but swift market reversals are keeping them on edge

The flaws of the UK’s competition regulator can be corrected without government interference

As the president threatens a trade war, follow the latest data on imports, exports and trade balances

Data adds to fears that climate change is accelerating, as La Niña phenomenon fails to cool global temperatures

Suntory boss expects to sell less in Europe, Canada and Mexico as a result of US president’s protectionist trade policies

Changes will pave the way for construction of a new generation of small modular reactors

Republican party divided amid uproar over US president’s plan to take over enclave

Deal will allow lenders to exit one of the toughest merger-finance transactions in recent years

Danish company attempts to recover from botched US expansion and restore struggling share price

Austan Goolsbee warns it is ‘dangerous’ to overlook potential supply shocks triggered by trade war

PM backs development of the Jackdaw and Rosebank projects, despite some Labour MPs’ concerns

Proposals underline the US president’s irresponsible approach to foreign policy

Israeli prime minister makes most explicit comments suggesting he will not seek a lasting truce

Hedge fund manager suggested healthcare group could be inflating its profits

Prime minister fends off his first no-confidence ballot and pushes through spending plans

Nigel Farage criticises the decision as ‘collusion to stave off the threat’ posed by his party

US president’s proposal to expel millions of Palestinians follows years of interventions favouring the Israeli rightwing

Brussels to examine whether Chinese-founded fashion group that is targeting London listing is selling illegal goods

Ride-hailing group’s weaker forecast comes after record fourth quarter

The tariff row is further indication that he is quick to quarrel but also quick to settle

US president says reports of plans to ‘blow Iran into smithereens’ are ‘greatly exaggerated’

Postal group struggles to respond to Trump’s decision to put levies on lower-priced goods

US president’s outlandish idea has dramatically raised stakes and would create another catastrophe for Palestinians

Countries ranging from Germany to Saudi Arabia reject displacement of Palestinians

Norwegian group to increase fossil fuel production and halve spending on green energy

Trump ally Elon Musk has said aid agency will be dismantled