Tories look at ways to cut UK inheritance tax
Conservative leader Kemi Badenoch says the levy mainly caught ‘home-owning middle-class families’ instead of the super wealthy
US tech stocks fall after big AI groups call for slowdown
Memory-chip makers and Nvidia slide on Wall Street as warnings combine with backdrop of rising oil prices and higher borrowing costs
Ten-year Treasury yield hits 5% for first time since 2023
World’s most widely watched financial marker moves towards levels not seen in decades as inflation shock from Iran war lingers
Nigel Farage refuses to say if Reform UK’s £72mn gifts would comply with new cap
Under Labour’s proposed rules, overseas donors would be prevented from giving more than £100,000 a year, retrospective to March 25
Unions demand softening of UK immigration reforms
Proposals will ‘punish’ low-paid migrants doing essential work in public services and create a new staffing crisis in social care, says motion passed at TUC
Why delaying an AI doomsday would benefit investors too
A slowdown would reduce the enormous amounts of cash being lavished on training new models
Trump claims Russia and Ukraine have agreed energy truce
Kyiv was caught off guard by the US president’s announcement after previous attempts to halt strikes on power plants and refineries failed
Time for a pause on cutting-edge AI
The most advanced models are starting to escape human control
Germany tells Andrea Orcel to keep Commerzbank’s Frankfurt HQ after takeover
Finance minister Lars Klingbeil wants safeguards for the bank’s 40,000 employees and its role in financing the Mittelstand
Oil hits $109 after Saudi Arabia closes vital export pipeline
Riyadh pulls out of regional talks to de-escalate hostilities over Strait of Hormuz in wake of drone attack last week
We won’t solve young people’s worklessness without listening to them
High-quality vocational options must be designed for all children and not as plan B for those who struggle academically
France in ‘astonishing’ push to lift EU sanctions on Russian oligarch
Paris replicates Viktor Orbán’s tactics in bid to free French nationals from Azerbaijan
UK government to take over insolvent steelmaker
Norwegian firm Blastr had been in talks to acquire Speciality Steel UK, once part of Sanjeev Gupta’s metals empire
Britain’s assisted dying debate was hobbled by a lack of candour
Legislation defeated in parliament last week was so narrowly defined as to be unworkable
Syrians take to the streets over fuel price rise
Sharp increases by government to cost of diesel and petrol spark nationwide protests
Tilda Swinton makes a triumphant return to the stage in Man to Man
Revisiting a part she first played almost 40 years ago at London’s Royal Court, the actor is riveting as a woman enduring Germany’s chaotic 20th century
Steve Bannon and Bernie Sanders unite in AI safety call
Rightwing activist and leftwing senator join forces to demand stronger regulation of the technology
Brain implant lets paralysed patients speak via digital avatar
New neurotechnology could eventually help people who have lost speech faculties due to stroke or brain conditions
Sacked top civil servant given £860,000 pay-off approved by Starmer
Settlement for Chris Wormald far exceeded standard contractual entitlements, former PM was told
America’s superheroes moved to Britain, but will they stay?
The UK has been a major beneficiary of Hollywood shifting movie production overseas
Stoltenberg reneges on Munich Security Conference top job plan
Former Nato secretary-general to ‘co-chair’ German foreign policy and defence forum while remaining in Norway
Despite high-end holiday boom, Club Med investors have a lot to unpack
Resort operator plans to offer more premium all-inclusive breaks but it is a tough business in a highly competitive market
How much should lenders charge hyperscalers?
Pricing equity punters’ collective histrionics in a credit context
Crispin Odey loses appeal against industry ban
Hedge fund founder’s fine reduced to £1.5mn but verdict is blow to attempts to repair his reputation after allegations of sexual harassment and assault