Expected move by chancellor Rachel Reeves next week faces strong pushback from businesses

Reeves and colleagues aim to reassure investors, business leaders and MPs they are laying the foundations for prosperity

Latest Ukraine peace plan presented by the US would be a capitulation to Moscow

The diplomatic rift between Beijing and Tokyo is also a test of Washington’s appetite for engagement with the region

Shumeet Banerji said to be unhappy about Tim Davie’s exit and the board’s response to corporation’s latest crisis

Laws don’t work — transparency and technology are the answer

The event saw a shift away from showy pledges to tackling the real world complexities of cutting emissions

Revenue errors in retailer’s accounts prompt latest scrutiny of Big Four accounting firm’s audits

Brussels blindsided by US plan for joint investment funds with Moscow and Kyiv

Shares have soared almost 40% this year over strong demand for weight-loss and diabetes drugs

Draft agreement has shocked Europe and is unlikely to satisfy Kyiv or Moscow

Donald Trump wants Kyiv to agree to US-Russian peace plan by Thursday

Ofgem nudges up price cap after Labour election pledge to bring down household bills

António Guterres notes talks could fail as a result of negotiating tactics

Proposed deal would limit size of Ukrainian forces and calls on Kyiv to withdraw troops from eastern Donetsk

Slowdown in private sector activity adds to signs of fragility in economy before Reeves’ tax rises next week

John Williams says there is ‘room for a further adjustment’ in borrowing costs

Plus, the (late) jobs report

Link is latest revelation in a years-long probe into Smart and TGR, which move money for criminals and sanctioned individuals

The reputation of one of America’s leading economists is in tatters since the emergence of emails to Jeffrey Epstein

The UK’s experiment in eating the rich while shrinking the state has left everyone worse off

Meeting marks the first in-person meeting between the US president and New York City’s mayor-elect

Today’s eye-popping valuations are based on the assumption that LLMs are the only game in town

US officials told organisers that President’s attendance in January depended on programme