UK borrowing costs hit highest level since 2008 as economic hit from war mounts
Ten-year gilt yield jumps to 5% as fears over inflation shock intensify
Russia offered to curb its support for Iran if US halted aid to Ukraine
US rejected deal on intelligence-sharing proposed by Vladimir Putin’s envoy last week
IRA victims withdraw civil case against Gerry Adams
Three survivors feared huge legal bill after judge questioned whether the case amounted to an ‘abuse of process’
A bet on Bill Ackman’s new listing is complex
The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles
Stockpickers: Essentra, Wickes, Trustpilot
Our experts discuss which companies to buy, sell or hold this week
Directors’ Deals: IAG insiders divest ahead of war-induced sell-off
Airline group’s shares have fallen by a quarter since the attack on Iran
Iran war will scar the global economy
Scenarios that markets and policymakers hoped to avoid are now materialising
Why Wall Street is scouting college sports stars
Banks have realised the potential from tapping in to tomorrow’s elite - and by definition wealthy - athletes
‘Raúlito’ Rodríguez Castro, the Cuban scion leading talks with the US
As Trump increases pressure on the island, the grandson of Raúl Castro is fronting its negotiations
How the oil shock might spread
Measures undertaken by vulnerable economies may be only the start of things to come
Rivals launch mocking ads to capitalise on Hargreaves fee backlash
The UK’s largest investment site more than tripled maximum annual charges on a range of products
Investors start to bet on US interest rate rises amid inflation fears
Traders price in almost 50% chance of higher borrowing costs by October, in potential blow to Trump’s calls for cuts
Retail investors aren’t crazy for Farage and Kwarteng’s bitcoin business
Unpopular
Strait talking
A big week in central bank decisions saw relatively pointed communications from the Bank of England
Bank of England’s hawkish rhetoric jars with peers and jolts markets
Language analysis shows a sharp shift in tone from the UK central bank this week
Hedge fund Pharo sues landlord over ‘intolerable’ building works noise
Macro specialist brings lawsuit against UAE-backed landlord over disturbance at London headquarters
The UK’s meningitis outbreak and the grim legacy of Covid
What the Chemistry Club cases tell us about lessons unlearnt from the pandemic
Centerview to face trial over star banker’s pay dispute
David Handler, a technology dealmaker, wins reversal from Delaware Supreme Court
Energy Source Forum: Powering up the energy workforce
With the demand for energy growing rapidly and the complexity of the sector increasing, the need for workers will not abate
Rayner leads Labour revolt on immigration plans in new test for Starmer
Dozens of backbenchers have endorsed the former deputy PM’s criticism of the government’s ‘un-British’ plans
Donald Trump urges narrow AI regulation amid fierce Maga backlash
White House tries to block state-level laws but faces pressure to offer a federal rule book for the controversial technology
New rises in UK mortgage rates ‘very likely’ amid inflation fears
Lenders rapidly reprice fixed-rate deals, with yet more rises expected
The best books of the week
From Rana Dasgupta on empire to the directors who changed the movies — plus new stories by Colm Tóibín, Mossad’s mystique and a myth-busting guide to recessions
A prosperous Britain means facing up to trade-offs
Yes, yes, and yes again to reform of our appalling planning system — but politicians require help to make hard choices