Less-than-expected figure comes after chancellor Rachel Reeves’ second tax-raising Budget

Swedish investment group seeks foothold in private equity secondaries with acquisition

Gold softens after US president retreats from EU tariff threats

EU leaders to meet as US president drops tariffs and military threat to take Arctic island from Denmark

Middle-power diplomacy of the sort the Canadian PM calls for requires governments to throw off domestic constraints

Dutch group is selling £2bn unit in latest example of M&A in pensions and insurance sector

More than 20% of S&P 500 companies provided security benefits amid mounting threats

Sovereign issuers are curbing sales of long-term bonds amid waning demand from pension funds

The snub is the second time the CEO has been excluded from an event with the president and hints at a deeper rift

A fledgling club of autocrats, strongmen and monarchs is taking shape as the US president tries to recast the global order

US president backs away from new trade war after talks with Nato chief Mark Rutte

Former president along with erstwhile secretary of state could face criminal charges if found guilty

Lib Dem MP claims business secretary Peter Kyle is contradicting himself in comments made earlier this week

Treasury says it will continue to listen to concerns of wider hospitality sector

Outcome of case will have sweeping implications for US central bank independence

Who dares tell the US president the Arctic island he covets is not as big as it seems?

After a rambling speech, Trump announced he would not be imposing tariffs on his allies

We would need to rethink sustainable growth rates and fiscal targets

The most obvious flaw is the abrupt jumps at each band

British prime minister issues strongest rebuke yet over US president’s push to seize island

Even under normal leadership, a status-anxious US would be lashing out

Israel will join countries including UAE, Morocco and Belarus on body that US president wants to adopt UN-like role

Event hosted by Larry Fink descended into uproar after combative remarks by US commerce secretary

Sharp annual decline in most expensive boroughs underscores impact of Budget uncertainty