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

Sales fall in third quarter after ‘totally self-inflicted’ IT issues stop stock getting to stores

Kyiv’s choices are between bad now and worse later

Process will struggle to complete before surcharge is introduced in 2028

Ukraine’s bondholders are betting they can avoid taking further losses to fund the war effort

Discussions fail after Britain refuses to pay billions of euros in fees

Helsing, Stark and Arx invest in UK factories

Estate agents say ‘bunching’ practice likely to pick up pace ahead of start of surcharge in April 2028

Move reduces impact on older voters of this week’s decision to freeze thresholds

Chicago-based exchange hit by fault at data centre, stopping futures trading in equities, bonds and commodities