The steel tycoon, the UK’s seventh-richest person, is considering departing as new rules remove the means to avoid paying British tax on income earned abroad

Steel magnate Lakshmi Mittal is considering leaving the UK in response to the Labour government’s decision to abolish the “non-dom” tax regime, making him one of the wealthiest business figures to potentially relocate, the Financial Times reported. Mittal, who has been based in the UK for nearly 30 years, has told associates that his likely departure is driven by the government’s move to end tax exemptions for certain foreign income and gains,…

Charles has cancelled engagements on Friday on doctors’ orders following a short observation in hospital after cancer treatment side effects.

Charles has cancelled engagements on Friday on doctors’ orders following a short observation in hospital after cancer treatment side effects.

Chancellor criticised over decision to stick with £9.9bn surplus

Rising costs and global uncertainty may force chancellor to turn to pensioners and wealthier taxpayers

Chancellor ‘may come back for more’ after higher borrowing costs wipe out headroom

The latest US tariffs to hit British exports – this time, our car industry – will hurt, at a time when manufacturing as a whole is struggling, says James Moore. It will also erect unnecessary trade barriers with our allies in the European Union

Chancellor, who took family member to see Sabrina Carpenter at O2, says she understands public perceptions about politicians’ freebies

Critics said her future as chancellor is under threat as a result of errors she has made since taking charge of the economy last year

Chancellor says UK not planning retaliatory tariffs on US ‘at the moment’

Labour was gambling on growth, but with stubbornly gloomy forecasts can they cut their way out of an economic hole? Peter Walker reports