Fiscal watchdog’s letter ‘set out the facts’ about the evolution of its forecasts in the run-up to the Budget

The real losers from Rachel Reeves’ financial statement were not the wealthy, but those on the way to wealth

Czech-born author of witty, cerebral plays was also an award-winning screenwriter

Tie-up marks new level of co-operation between Moscow and Beijing’s military industrial complexes

Announcement comes after military build-up by US forces in region

Rachel Reeves has steered the gilt market to a less skittish place with the Budget

Nicolás Maduro has overcome numerous attempts to oust him

Campaign will check housing and public buildings for safety, Beijing says

Marketing boss says Prime generated €6mn in fare discounts, costing the airline ‘more money than it generates’

The buffer Reeves built into her plans is admirable, but no guarantee of avoiding the nasty dilemmas to come

Rachel Reeves included a measure to limit an inheritance tax charge cited by wealthy as reason for leaving country

The Booker Prize would not have gone to David Szalay’s ‘Flesh’ a few years ago

Bankers are expecting easing of leverage ratio as part of forthcoming review

The ambitious US army secretary has been thrust into the spotlight of Moscow-Kyiv negotiations

Steven Wood pushes for board overhaul after giving up hope of constructive relations with controlling Hayek family

Nobel-winning economist Daron Acemoglu on Zohran Mamdani’s rise, the problem with cultural politics — and the case for pro-worker AI

Update to address potential problems caused by solar radiation could affect 6,000 aircraft

President’s departing aide centralised decision-making in a way no other official had done in Ukraine

The introduction of a so-called mansion tax in this year’s Budget is likely to depress prices in some parts of the capital even further

Office for Budget Responsibility says forecasts for public finances were rosier than chancellor suggested

It’s a fraught and familiar time as banks select their new managing directors

Beware of restricting it to tackle England’s huge backlog of criminal cases

Resignation of chief of staff and negotiator Andriy Yermak adds to trouble for beleaguered Ukrainian president

Reeves’ Budget shows she’s serious about spending other people’s money — but not about growth or jobs