Fall

• FTSE 250 फर्म्स Paragon और OSB Group (Kent Reliance और Precise Mortgages के मालिक) लंदन स्टॉक एक्सचेंज पर गिरे • Rachel Reeves ईरान युद्ध के प्रभावों को सीमित करने के लिए किराया फ्रीज करने पर विचार कर रही हैं • Business live – नवीनतम अपडेट

Exclusive: Sources say chancellor is examining exceptional measures to protect household budgetsRachel Reeves is considering imposing a one-year rent freeze on private sector homes amid growing alarm in government about the impact of the Iran war on voters’ budgets.Landlords in England would be banned from raising rents for a limited period of time under the proposals, which are being debated within government as part of a major cost of living package to be launched in the coming weeks. Continue reading...

• The Conference Board Consumer Confidence Index declined to 98.3 in April 2026, down 4.2 points from March, marking the steepest monthly drop since July 2025 as Americans express renewed concern about inflation and job security. • Consumers' expectations for future economic conditions weakened notably, with the forward-looking component falling 6.8 points as respondents cited concerns about rising prices for groceries, gasoline, and housing costs. • The decline suggests potential headwinds for Q2 consumer spending and retail sales, pressuring guidance from discretionary retailers and restaurant operators ahead of earnings season.

The king faces possibly his most important ever speech and a thin-skinned president, in the shadow of the Sussexes and the Epstein scandal. What could go wrong?On his high-stakes four-day state visit to the US, King Charles will have to walk a diplomatic tightrope as the guest of an erratic Donald Trump against the backdrop of Iran and security concerns after Saturday night’s shooting at the White House correspondents’ dinner.Many challenges lie ahead as he takes up his UK government-decreed task to “reaffirm and renew” bilateral ties amid a worsening “special relationship” on the 250th anniversary of American independence. Continue reading...

President says incident, in which Secret Service agent was saved by bulletproof vest, was ‘totally shocking to me’White House correspondents’ dinner shooting – follow liveDonald Trump said on Saturday night he initially thought that the sound of a gunman charging a security checkpoint at the White House Correspondents’ Association dinner was a tray falling, in his first remarks about what was going through his mind as the incident unfolded.“Actually, it was totally shocking to me, and that never changes,” Trump said, appearing to refer to the assassination attempt against him at a rally in Butler, Pennsylvania, and a second incident on his golf course in Florida during the 2024 presidential campaign. Continue reading...

Sarah Breeden predicts ‘adjustment’ due to elevated risk including private credit and highly valued AI stocksBusiness live – latest updatesRecord-high global stock markets do not reflect the risks in the global economy, and will fall back, a deputy governor at the Bank of England has warned.Sarah Breeden, deputy governor for financial stability at the Bank, fears that macroeconomic risks are not fully priced into equity markets. Continue reading...

State’s strict gun policies heralded as data shows 35% reduction in homicides between 2022 and 2024California officials are touting a historic three-year decrease in homicides and gun violence that has led to the state’s lowest number of killings on record.The number of homicides in California decreased by 35% between 2022 and 2024, with 2,304 deaths reported in 2022 and 1,768 in 2024, according data from the US Centers for Disease Control and Prevention. The dip in homicides was most pronounced for teenage and young adult Black and Latino males, who have historically faced the highest risk of being killed or injured by gunshot wounds. Suicides, the most common type of gun deaths, also fell to record lows, according to the report. Continue reading...

Exclusive: Brussels seeks to stall awarding of contract to firm fronted by US president’s lawyer in letter seen by GuardianThe EU risks a confrontation with Donald Trump after it sought to stall the awarding of a lucrative Balkans pipeline contract to a company fronted by his personal lawyer, documents seen by the Guardian show.Brussels has clashed with Trump over trade, Ukraine and military spending, but the intervention in the Southern Interconnection pipeline project appears to mark the first time it has challenged a commercial venture by those close to the president. Continue reading...

• Victor Wembanyama of the San Antonio Spurs sustained a concussion on a hard fall during the second quarter of Game 2 playoff loss to the Portland Trail Blazers on Tuesday night, played only 12 minutes before exiting. • Spurs lost 106-103, evening the first-round series at 1-1; coach Mitch Johnson confirmed Wembanyama is in protocol and out for the game, emphasizing proper steps will be taken. • The incident occurred with 8:57 left in the second quarter while driving to the basket defended by Jrue Holiday, landing chin-first and briefly appearing knocked out.

Use of the illicit drug has plummeted in recent years among gen Zers, compared with their parents’ generationEver since cocaine first emerged as a popular party drug via the shores of Miami in the early 1970s, use of the stimulant has been inextricably entwined with the very essence of capitalist excess and what it is to be American: brash, bombastic and brazen.The wide-scale use of cocaine in the US has left a trail of destruction in its wake, largely thanks to the illegal nature of the trade and the resultant US government policy of a “war on drugs”. Continue reading...

ONS data for three months to February is not expected to alter Bank of England’s decision on interest ratesUnemployment in the UK unexpectedly fell in the three months to February, according to official figures – but the fallout from the conflict in the Middle East is expected to cause a rise in job cuts.The Office for National Statistics (ONS) said that the rate of unemployment was 4.9% in the three months to February. This compares with 5.2% in the three months to January, a rate that economists had expected to also see in February. Continue reading...

• The average 30-year fixed-rate conforming mortgage rate in the US dropped to 6.230%, down 2 basis points from the prior day and 5 basis points from a week ago. • 15-year fixed-rate mortgages averaged 5.535%, declining 5 basis points daily and 2 basis points weekly, per Optimal Blue data reflecting loans locked as of April 16. • Jumbo 30-year rates fell to 6.528% (down 3 basis points weekly), FHA to 6.060% (down 1), VA to 5.833% (down 5), and USDA to 5.863% (down 10 basis points).

FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended periodBusiness live – latest updatesOil prices rose sharply and European stock markets fell on Monday, after the US seizure of an Iranian vessel hit hopes for a peace deal.Brent crude, the international benchmark for oil prices, rose by as much as 5% on Monday to $95.50 (£70.75) a barrel. Continue reading...

Americans having less kids plus an ageing population could be a recipe for disaster that further erodes social stabilityRemember environmentalist Paul Ehrlich’s 1960s-vintage prediction about how overpopulation would deplete the Earth’s resources and condemn millions to starvation? His Malthusian condemnation of humanity’s voracious appetite has kept a grip on the debate over the future of the planet, even scaring the young out of having children.Ehrlich was wrong. Yet as we have come around to the thought that overpopulation won’t kill us all, we are being walloped by another demographic emergency: we are not having too many kids, we are having too few. This problem is real. Continue reading...

• The Pittsburgh Penguins suffered a loss to the Philadelphia Flyers in Game 1 of their playoff series, with forward Evgeni Malkin calling for a reset. • Malkin emphasized the need for the team to regroup and improve their performance heading into subsequent games. • The playoff matchup sets up a critical series between the two historic NHL franchises competing for Eastern Conference advancement.

Filings suggest manufacturers’ lending arms have massively underestimated bill from FCA’s £9.1bn redress schemeCarmakers are under pressure to drum up £3bn to cover payouts for motor finance scandal victims after failing to adequately prepare for a UK-wide compensation scheme that is due to begin this summer.Company filings show the lending arms of big vehicle manufacturers including Ford, BMW, Stellantis and Volkswagen may have massively underestimated the final costs of the financial regulator’s £9.1bn redress scheme. Continue reading...

Chancellor aims to curb rising household bills as she consults on reforms to weaken link between gas and electricity pricesRachel Reeves is poised to raise the government’s windfall tax on low-carbon electricity generators to help to limit UK household energy bills, the Guardian understands.The chancellor is ready to hike the levy introduced in 2022 to target the excess profits made by the owners of older renewable energy and nuclear plants as electricity market prices soared after Russia’s full-scale invasion of Ukraine. Continue reading...

Brent crude drops and gas prices slide amid hopes Donald Trump will succeed in reaching deal with TehranOil and gas prices tumbled by almost 10% on Friday after Iran said the strait of Hormuz would open to commercial shipping, potentially clearing the way for tankers holding millions of barrels of oil and gas to reach the global market.Iran’s foreign minister said that vessels would be free to transit the strait of Hormuz for the duration of the 10-day ceasefire between Israel and Lebanon struck on Thursday. Continue reading...

UK’s biggest supermarket voices caution for year ahead despite annual profits rising 8.5% to £2.4bnBusiness live – latest updatesTesco has warned that profits could fall back in the year ahead amid “increased uncertainty caused by the conflict in the Middle East”.The warning came after the UK’s biggest supermarket hit its highest share of the market in a decade. Continue reading...

Several shots – including flu and Covid – lost their CDC recommendations under overhauls from the White HouseSeveral shots lost their recommendation from the US Centers for Disease Control and Prevention (CDC) after a judge’s stay against changes wrought by the Trump administration – which may affect access to the shots in some states. And no new vaccine recommendations may be made as long as the vaccines committee is halted.Access to existing vaccines – and the future development of new vaccines – has been increasingly called into question under the second Trump administration, as the now-halted Advisory Committee on Immunization Practices (ACIP) made controversial recommendations and health officials made unilateral changes to routine vaccines, with long-term and global implications. Continue reading...

Former Treasury secretary says a tax rate was ‘socially optimal’ in submission to a new parliamentary inquiryFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe former Treasury secretary Ken Henry says “self-serving” claims from gas giants about the risks of a windfall profits and export taxes should be ignored by the Albanese government as it weighs up the intervention ahead of next month’s federal budget.In a submission to a new parliamentary inquiry examining the gas taxation regime, Henry made the case for a 100% windfall profit tax as he rejected the assertion that any changes would heighten perceptions of Australia as a sovereign risk and freeze investment in new projects. Continue reading...

Massachusetts liberal arts college laments ‘heartbreaking reality’ and says financial pressures to blameA Massachusetts liberal arts college is set to close permanently due to low enrollment and financial problems.The board of trustees of Hampshire College, a small liberal arts school in Amherst founded in 1965, pointed to “financial pressures” that have been “compounded by shifting external factors”. Continue reading...

• Finance ministers and central bank governors gathered in Washington for IMF and World Bank Spring Meetings are confronting an unprecedented global energy shock caused by the Iran war and Strait of Hormuz closure, according to IMF Managing Director Kristalina Georgieva. • Georgieva warned that "there will be no neat and clean return to the status quo ante," indicating long-term economic impacts regardless of ceasefire outcomes or efforts to reopen shipping routes. • The energy crisis is already affecting hundreds of millions of people globally, with decisions made at the meetings regarding resource allocation and emergency funding expected to have tangible impacts on livelihoods in the coming weeks.

• Alec Baldwin, 68, admitted the 2021 Rust shooting that killed cinematographer Halyna Hutchins has changed his career outlook, stating he no longer wants to work. • In July 2024, a Santa Fe judge dismissed his involuntary manslaughter case due to prosecution withholding evidence; the incident injured director Joel Souza. • Baldwin's comments reflect ongoing trauma from the New Mexico set tragedy where assistant director Dave Halls called the gun a 'cold gun.'

Last year’s drop may reflect rising unemployment and improved right to request flexible working, experts sayThe number of workers in Great Britain taking their bosses to employment tribunals over remote working fell last year for the first time since Covid hit, with a tightening labour market making some more reluctant to leave roles despite return-to-office mandates.There were 54 employment tribunals decided in England, Scotland and Wales in 2025 that cited remote working, according to an analysis of records by the HR consultants Hamilton Nash: down 13% compared with 2024. Continue reading...

• The average interest rate for a 30-year, fixed-rate conforming mortgage declined to 6.289%, down 7 basis points from the previous day, according to Optimal Blue mortgage data. • The 15-year fixed-rate mortgage averaged 5.653%, down 5 basis points, while jumbo 30-year rates fell 10 basis points to 6.502% and VA loans dropped 11 basis points to 5.889%. • Mortgage applications declined 0.8% for the week ending April 3, with the Mortgage Bankers Association citing higher rates and economic uncertainty as headwinds.

• The U.S. Chamber of Commerce released its Q1 2026 Small Business Index on April 7, 2026, showing the index declined to 67.0 from 68.4 in the previous quarter, though it remains above the 62.3 score from a year ago. • Inflation reclaimed the top concern among small business owners at 53%, up from 45% last quarter, marking 17 consecutive quarters as the dominant worry; hiring and investment plans are cooling as economic confidence softens. • Cash flow comfort among small business owners has declined, with only 20% reporting being "very comfortable" compared to 31% in Q3 2025, though 72% overall maintain comfort levels; manufacturing firms lead at 81% comfort while retail and professional services lag at 69-70%.

Exclusive: Trips on Sydney’s key thoroughfares have fallen by thousands per day, according to government dataGet our breaking news email, free app or daily news podcastRoad traffic is falling on Australia’s east coast as fuel prices bite, with most key Sydney highways recording 20% fewer weekend trips.The number of trips recorded on Sydney’s key thoroughfares has fallen by thousands of trips a day, according to New South Wales government data shared exclusively with Guardian Australia. Continue reading...