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’s comments come a day before British, French and German foreign ministers set to meet Iranian counterpart

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For now, citizens’ disillusionment with the Islamic republic is superseded by anger towards Israel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

Press secretary Karoline Leavitt says there is ‘a substantial chance of negotiations with Iran in the near future’

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

Hacked phones, deep-cover agents and miniaturised weapons systems: the covert campaign that preceded Jewish state’s attack

ChatGPT maker’s plans to convert into a for-profit leads software giant to make contingency plans

US president adds that next week will be ‘very big’ in determining course of war between Israel and Islamic republic

Consumer goods group’s new chief tilts portfolio towards health, beauty and personal care

Cuts to UK disability and incapacity benefits expected to save Treasury £4.8bn

Signs of property market weakness come hours ahead of Federal Reserve’s decision on interest rates

Central bank officials split amid concerns over higher inflation as a result of tariffs

Many are staying put in the Iranian capital, despite Israel’s deadly strikes and warnings to evacuate

Mingyang’s plan to build Scottish turbine factory has raised fears about surveillance

Two companies backed by Bill Gates and Sam Altman capitalise on view nuclear energy will be crucial to run data centres

As a decision on involvement looms, some of the president’s most ardent supporters have turned against him

Israel hopes the US would deploy the GBU-57 E/B Massive Ordnance Penetrator, but success would not be guaranteed

Cambridge start-up CMR Surgical has innovative technology but it needs global ambition