World’s largest asset manager drew in almost $700bn from clients in 2025

Moves of US military personnel and aircraft carrier keep region on edge

Some European countries are sending soldiers to the Arctic island after Donald Trump intensified threats to take control

The surprise departure deprives Farage of some Westminster theatre and gives the Tories a chance to reclaim ground

High Court rules watchdog is within its rights to cap cross-border interchange fees

Criticism is most strident challenge to central bank’s decision announced last month

Conservative leader Kemi Badenoch removes former leadership rival as she battles to stem losses to Reform

Democratic history is a timeline of states acting to curb over-mighty figures, from kings to business tycoons

Best year for investment banking since 2021 on busy day of earnings

Brent crude falls more than 3% as oversupply fears return

Rics survey indicates lower interest rates and post-Budget certainty are driving upbeat mood

Figure marks rebound from previous month’s contraction

Cautious stance comes amid Wall St concerns over president’s attack on Federal Reserve

Rising numbers of older people across the continent are straining budgets and making for some difficult political decisions

Business dynamism comes in many different forms

Traders offload Asda’s bonds and loans in a sign that confidence in retailer’s turnaround is weakening

Venezuelan immigrant injured after attempting to flee officers, authorities say

Mayor concerned that capital will be at ‘sharpest edge of change’ given dependence on white-collar jobs

Any action against Tehran could tip regional balance further in Israel’s favour, even as some US interests are put at risk

President declines to rule out military action after Washington evacuated personnel from Qatar command centre

UK prime minister says xAI will restrict image generator as billionaire pledges to follow laws in all markets

Chancellor says a post-Budget retreat could include extension to other hospitality

After retreat on digital ID cards, chancellor indicates climbdown on business rates for pubs is coming soon

American intervention in Iran carries far greater risks than in Venezuela