Steeper than expected drop comes amid signs of weakness in the job market

European foreign ministers set to meet Iranian counterpart for talks in Geneva on Friday

There is a position between the old Republican guard and budget fairyland

Shadow of intelligence debacle two decades ago hangs over Donald Trump as he considers joining Israeli attacks

Hubris and miscalculation blew apart Tehran’s decades-old deterrence doctrine as Israel’s appetite for risk grew

It’s not just tech’s algorithms that skew how we see the world

Corporate treasuries now hold more than 3% of the world’s biggest cryptocurrency, a stash worth $87bn

Rise comes despite cut in base rates by Bank of England

British broadcaster makes first move to clamp down on alleged infringement of copyright by tech groups

First high-level face-to-face diplomacy with Tehran since attacks began

Saudi Arabia, UAE and other states in region fear becoming targets for retaliation if US strikes Iran

Vicky Foxcroft’s move could presage wider rebellion over changes to disability benefits

Ottawa takes anti-dumping measures on non-US shipments as it looks to protect jobs

The boss’s transformation shocked liberals at Meta, but his closest allies say this is who he was all along

Capital’s lead in output per hour over other UK regions shrank between 2019-2023

Serious social issues, perceived and real, will not be fixed by supercharging racial grievance

Even Russia’s allies send lower-ranking officials and executives to St Petersburg — except Indonesia’s president

US president will decide whether to join Israeli attack ‘within two weeks’

Redinel Korfuzi and his sister both convicted of insider dealing and money laundering

At this point, a weakened Tehran might accept a face-saving deal and sanctions relief to avert a US attack

Smaller companies account for almost two-thirds of uncollected revenue

Foray into financial services could include introducing credit or debit card, CEO Linda Yaccarino says

Decision follows data showing UK inflation remains stubbornly above target

Tehran could target US troops, disrupt oil supplies or carry out cyber attacks or terrorism, warn former Washington officials

Bondholders’ rescue plan for utility hinges on waivers from regulations and fines, documents show

Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking

Maxim Reshetnikov says persistent inflation and central bank’s hawkish policy contribute to slowdown

Move by Lloyds Banking Group-owned pension provider comes as government pushes for more investment in British companies

For now, citizens’ disillusionment with the Islamic republic is superseded by anger towards Israel

Talks with British officials come as US looks to build ‘Golden Dome’ missile shield

Consumer group warns people have more rights buying a toaster than a new house

Cooling of interest from wealthy international buyers, say estate agents

White House says Trump to decide whether to involve the US in Israel’s attacks on Iran “within the next two weeks”

Chinese, Indian and south-east Asian institutions climb the annual list

Chancellor aims to improve government’s relationship with high-growth companies

Former adviser’s comments reflect backlash from president’s Maga base

International investors’ stockpiles of US government debt fell slightly in April

Contest for Spanish-owned UK high street bank was expected to be hotly contested

President hints at action within days as US readies forces capable of striking underground Fordow nuclear facility

Ministers in emergency meeting discuss working with American forces if Tehran threatens UK assets in the region