The hope (and hype) is as powerful as ever but it is hard to see where the needed revenues will come from

Brussels has warned German chancellor not to expect UK-style carve-out for car sector in EU deal with Donald Trump

Figures are latest to show distortion to trade caused by US president’s ‘liberation day’ trade levies

Preliminary assessments indicate Tehran was able to move much of its stockpile

How users treat a product in the real world can diverge wildly from what the designers intended

Central bank governor highlights lower labour demand and ‘significant decline’ in wage growth

Former Centrica chief thinks UK oil major will need painful restructuring if it is to avoid being taken over

Judge says former Barclays chief did not fully disclose relationship with convicted sex offender but trims £1.8mn fine

Official data fuels concerns over Labour’s ambition to attract foreign capital to Britain

Retreat on welfare cuts would be an irrecoverable blow to the UK prime minister’s authority

Supreme leader’s comments come amid conflicting accounts of the damage to country’s nuclear facilities

With peaceful norms fading, a new weapon has made conflict cheaper and easier 

Board of Deputies of British Jews says signatories to the letter had breached the body’s code of conduct

US president brands case against Israeli leader a ‘witch-hunt’ in latest intervention in a foreign judicial process

Downing Street promises softer approach as PM tries to fend off uprising by more than 120 Labour MPs over ‘brutal’ cuts

Owner of Vivergo plant says it has started a wind-down consultation in case rescue talks fail

Populist party is already taking credit for a Home Office contractor’s pause in asylum placements

Oil major says no talks have taken place between the companies over a tie-up

US dollar fell after report that Donald Trump could name nominee to succeed Jay Powell as soon as this summer

Investors have exited funds at fastest rate since 2020 at height of Covid pandemic

The climate shocks that could trigger wider market turmoil

Keep an eye on the yen and other areas of consensus as temperatures rise

Far-right motion relating to pandemic scandal threatens to derail European Commission president’s second-term agenda

Satellite images show misfires in Jewish state and damage to Iranian nuclear sites as foes emerge from conflict

Hg’s €19bn software group provisionally selects UK over Amsterdam for listing next year

US president says Democrats have crossed a line with 33-year-old’s victory in New York mayoral primary

Chief of staff to UK prime minister argues government needs to head off Nigel Farage by leaning to the right

Chip designer claws back market losses from Donald Trump’s trade war and DeepSeek breakthrough

Pledge to raise defence spending to 5% of GDP would unleash hundreds of billions of euros

Financiers plot to back a moderate after leftwing candidate clinches Democratic candidacy

Chief executive Wael Sawan has been focused on improving Shell’s financial performance and share buybacks

Trade minister Douglas Alexander says policy will also involve strengthening anti-dumping defences amid Trump’s tariff war

Parent company boss Gustavo Pimenta set to replace the former Anglo American chief executive

Trump should champion diplomatic efforts if he wants peace to endure

US president says Ukraine head is ‘very nice’ after their sideline chat at Nato summit, but is dismayed at Russian leader for not ending war

CSG, which supplies ammunition to Ukraine, capitalises on rush of enthusiasm for industry with €1.8bn bond deal

Dutch arms of Deloitte, PwC and EY pay total of $8.5mn after ‘hundreds’ of staff shared answers on internal tests

Shares in express parcel operator fall sharply amid uncertainty over demand outlook

A 10-year plan to raise productivity and growth depends on tackling vested interests and unleashing investment

Thirty-two allies ‘reaffirm our ironclad commitment to collective defence’ at summit in The Hague