The Guardian Articles

The former head of the Foreign Office has warned Rachel Reeves not to cut Britain’s international aid spending, amid signs the chancellor is willing to raid the development budget to help pay for higher defence spending.

Simon McDonald, the former lead civil servant at the Foreign Office, said it would …

Airbus has said it aims to make 820 planes this year as the world’s biggest aerospace manufacturer attempts to overcome problems in its supply chain.

The European company said that deliveries would rise by 7% compared with the 766 planes made last year, as it reported an 8% drop in …

The owner of British Gas has reported a slump in its annual profits after the supplier was ousted as Britain’s largest provider of gas and electricity for the first time last year.

The supplier’s parent company,

Centrica

Lloyds Banking Group has been forced to put aside a further £700m for potential compensation over the ballooning car loan commission scandal, in a move that knocked its annual profits by 20%.

The latest provision marks a notable jump in the bank’s estimates for the potential cost of the scandal …

Recent governments have carried out “wilful acts of bastardry” and created intergenerational inequality and environmental destruction that will leave younger voters worse off, the former Treasury secretary Ken Henry has said, urging tweaks to Australia’s tax system to bridge the growing divide.

Henry, who worked under both the Howard and …

British firms are among more than 100 western companies, including the aerospace giant Boeing, which have exported aircraft parts to India that reached Russia, according to customs data.

Analysis suggests products worth more than $50m have passed through intermediaries in India to Russian airlines and other entities over a 21-month …

British Steel should get an extra £200m from the government to support it in keeping the UK’s two remaining blast furnaces open until electric replacements are built, according to a proposal put forward by unions.

Chinese-owned British Steel has said it will replace its polluting blast furnaces at Scunthorpe with …

Good morning. Donald Trump’s view of Vladimir Putin, Xi Jinping and Kim Jong-un:

“The smartest one gets to the top”

Britain’s crumbling public services are bad for business, and spending more taxpayers’ money to fix them is a pro-growth policy, the pensions minister, Torsten Bell, has argued.

Rachel Reeves has been accused by business lobby groups of clobbering the economy with the £25bn

increase

The companies behind Great Britain’s gas pipes and power lines have pocketed a windfall of nearly £4bn from household bills during the energy and cost crisis, according to a report.

The analysis, by Citizens Advice, argued that energy network owners were able to make the “excess profits” over the past …