Backlash builds as Trump administration’s prosecutors target head of US central bank

British ministers aim to secure foreign investment at the World Economic Forum

Levies to be applied immediately by US could affect nations such as China and India

Shadow chancellor Mel Stride will also propose reforms to OBR aimed at ‘fully capturing’ impact of tax cuts on growth

Central bank chair could stay on board beyond this year in effort to protect central bank’s independence

Joint statement accuses Trump administration of behaving as if US is an emerging market ‘with weak institutions’

Richard Knighton warns MPs of budget shortfall and the need for difficult decisions

Deal with Apple fuels investor optimism over Big Tech group’s competitiveness with OpenAI’s ChatGPT

Matt Benchener to replace Richard Flint as boss of UK’s biggest ‘DIY’ investment site

Equity stake in Atlantic Alumina Co is part of drive to counter Chinese dominance of critical metal supply chains

Simon Carter to step down from FTSE 100 property group to head P3 Logistics

Former deputy national security adviser in Donald Trump’s first term served on tech company’s board last year

Federal Reserve chair says the probe relating to a $2.5bn renovation of HQ is a ‘pretext’ to rein in central bank’s independence

Iranians have suffered years of inflation, devaluation and stuttering growth

A criminal investigation of Jay Powell is the latest in the reworking of the world’s most important financial institution

Conflict over Greenland could destroy the transatlantic alliance, requiring a new European security treaty to replace it

White House’s demand for limit on what issuers can charge rattles investors

Former Conservative chancellor is latest figure to join Nigel Farage’s populist party

Its wealthy suburbs are a draw for those seeking proximity to the Trump administration’s decision makers

Promise by technology secretary comes after media regulator threatens X AI chatbot with ban or multimillion-pound fine

Wall Street stocks also fall after US prosecutors launch criminal investigation into chair Jay Powell

Plus the employment/growth puzzle

Data from selection of companies and start-ups suggests limited success in hiring from embattled auto sector

Upcoming regional elections have reignited debate about CDU’s policy of excluding AfD