Mandelson referred to EU anti-fraud agency over Epstein emails

Shadow chancellor Mel Stride has called for the UK’s financial regulator to investigate “possible market abuse” by people working in the Treasury and Downing Street in the run-up the Budget. The move comes as Chancellor Rachel Reeves denied she misled the public over the state of the country’s finances, after it emerged she and officials…

Sean FarringtonBusiness presenter and Michael Sheils McNameeBusiness reporter Getty Images The head of global theme park giant Merlin Entertainments says its “biggest competition” is people choosing to stay at home on their phones and other devices. Fiona Eastwood says a day out at one of its UK attractions – which include Legoland, Thorpe Park and…

The White House said in a report on Thursday that more than 40 countries have helped China sidestep US tariffs by routing exports through nations that face lower American import duties. The countries named include Canada, India, Mexico, Japan and South Korea, which the White House said had helped China evade tens of billions of…

Tim Armitage, investment strategist at Quilter Cheviot, said the numbers mentioned by Trump were “relatively small”. He said the first tranche equated to approximately 2.25m barrels, and daily US consumption was around 3.8m barrels, “so it won’t make a material difference to pump prices in the US”. “Granted, there are then two more releases to…

Central banks across the world have joined together to declare that they stand in “full solidarity” with the Federal Reserve’s chair after the US launched a criminal investigation into Jerome Powell. The heads of the Bank of England, the European Central Bank and the Bank of Canada are among 11 senior bankers who have signed…

However, at 07:04 Eastern Time (11:04 GMT) on Monday, before US markets opened for the week, the president posted on his Truth Social platform that Washington had held “VERY GOOD AND PRODUCTIVE CONVERSATIONS” with Tehran over a “COMPLETE AND TOTAL RESOLUTION” to hostilities.