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The chair of the competition watchdog has been forced to step down after an intervention by Labour ministers, as they try to send a pro-growth message to businesses gathered at the World Economic Forum meeting in Davos.

The business department confirmed that the Competition and Markets Authority chair, Marcus Bokkerink, …

Volodymyr Zelenskyy has said that “at least 200,000” allied troops would be needed to enforce any peace deal in Ukraine as he urged Europe to “take care of itself” as Donald Trump returns to power in the US.

Speaking at the World Economic Forum in Davos, Zelenskyy said European leaders …

Wall Street bankers say they are at the beginning of “go mode” as they expect Donald Trump’s return to the White House to lead to a boom in the industry.

Trump’s second term is expected to

result in a bonfire of regulations

, including across financial services, with …

The Russian president, Vladimir Putin, held a video call with his Chinese counterpart, Xi Jinping, in a symbolic display of unity just hours after Donald Trump was sworn in as the 47th president of the US.

Speaking from his Novo-Ogaryovo residence outside Moscow, Putin highlighted the close ties between the …

It all started in spring 2019, in a secret office on the seventh floor of JP Morgan’s London headquarters in Canary Wharf. Tucked behind the bustling staff canteen, at the end of a corridor that snaked past the office gym and in-house doctor, future Chase UK chief executive Kuba Fast …

The president of the European Commission, Ursula von der Leyen, has called for a new era of EU integration to sustain growth in the face of a global economy “fracturing along new lines” as Donald Trump enters the White House.

Speaking at the World Economic Forum in Davos while the …

The chancellor, Rachel Reeves, has launched a rare bid to intervene in a supreme court hearing in

the car finance commission scandal

that could reduce the £30bn-plus compensation bill lenders currently face.

Shares in Lloyds and Close Brothers, two of the biggest providers of motor finance, surged …

“Pocket money” toys that actually fit in your pocket have become increasingly popular in the struggling sector as parents seek out cheaper playsets and “

kidults

” collect mini-figurines based on films and TV shows.

In 2024 UK toy sales declined 3.7% to £3.4bn, according to an annual industry …

Donald Trump

was accused of corruption as he returned to the White House days after launching a multibillion-dollar

cryptocurrency

meme coin. Former government ethics officials and presidential experts said the venture amounted to a “shameful” conflict of interest.

The

president and his wife

, …

Britain’s unemployment rate has risen unexpectedly and the number of workers on payrolls has fallen by the most since the height of the pandemic, according to new figures from the Office for National Statistics (ONS).

It estimated that the number of payrolled employees had shrunk by 47,000 in December, the …

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