Labour must stop believing things because they are politically helpful and engage with the world as it really is

Deal comes as Google parent steps up AI borrowing rush with $15bn sale of dollar bonds

Report into leaks by Office for Budget Responsibility set to raise fresh questions about fiscal watchdog’s processes

Anas Sarwar’s intervention deepens crisis facing UK prime minister

Files released by US justice department showed former prince shared information with child sex offender

His presidency may eventually be seen as an aberration rather than a permanent shift

Prime minister says she feels ‘heavy responsibility’ to strengthen country

Tim Allan resigns as Mandelson scandal intensifies

They were only ever superficially interested in policies that convinced voters, rather than in governing seriously

Long stocks, short yen, chillax

Media tycoon and pro-democracy campaigner was convicted in December on charges of foreign collusion

Investors fear political turmoil following period of relative calm in UK markets

Why foreigners keep pouring money into America

Strategic initiatives by Santander, Intesa Sanpaolo and Société Générale show how things are changing

Immigration lawyers say top-level corporate figures and tech leaders among those barred from visiting America

Regulator seeks to tackle ‘drastic under-reporting’ of market liquidity

The unravelling of transatlantic ties has shocked a country that had an emotional attachment to the relationship

Prime minister will command government with biggest majority in decades

Security services to launch advisory scheme for threatened academics in wake of Sheffield Hallam row

Labour MPs and officials warn that the Peter Mandelson scandal could yet claim prime minister’s job

Tehran faces growing pressure over its brutal crackdown on recent unrest as talks with US are set to continue

Executives face choice between cutting returns to shareholders, raiding reserves or tapping the markets

Peter Mandelson’s protégé quits as Keir Starmer seeks to appease angry Labour MPs and stay in Number 10

Kevin Warsh won’t be able to fix the Fed without a responsible Congress and president