Sajid Javid

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British prime minister Boris Johnson’s key adviser Dominic Cummings told reporters: ‘Read Philip Tetlock’s Superforecasting instead of political pundits who don’t know what they are talking about.’ Photograph: David Mirzoeff/PA Wire

Downing Street has come under intense pressure to explain how an adviser who argued that intelligence is linked to race came to work at No 10, amid fr(...)

Rishi Sunak leaves 10 Downing Street on Thursday after being appointed chancellor of the exchequer. Photograph: Will Oliver/EPA

The new British chancellor of the exchequer has arrived in No 11 via public school, Oxford and Goldman Sachs – not an unusual route to one of the high(...)

Britain’s chancellor of the exchequer Sajid Javid (right) and Germany’s minister of Finance Olaf Scholz shake hands as German state secretary for finance Joerg Kukies looks on. Photograph: Olivier Hoslet EPA-EFE

Corporate tax revenues will probably take a €2 billion hit with changes in international taxation that are coming down the road from the Organisation (...)

European shares retreated from recent peaks on Monday as investors paused before launching into a week packed with economic data and the European Central Bank’s first policy meeting of the year.

European shares retreated from recent peaks on Monday as investors paused before launching into a week packed with economic data and the European Cent(...)

Tánaiste Simon Coveney briefs Irish journalists in Brussels on Monday, after a meeting with EU chief Brexit negotiator Michel Barnier. Photograph: John Thys/AFP via Getty Images

Boris Johnson has suffered his first defeat in parliament since last month’s UK general election, with the House of Lords backing an opposition amendm(...)

Toyota has two manufacturing facilities in Britain, a vehicle manufacturing plant in Burnaston, Derbyshire and an engine plant in Deeside, Wales. The UK manufacturing operation employs more than 3,800 workers directly.

Britain’s car and aerospace industries have led criticism of UK government plans to split from European regulations after Brexit, warning it will cos(...)

Ryanair’s Michael O Leary said the UK government’s rescue of Flybe was a badly thought out bailout. Photograph: Collins

Ryanair boss Michael O’Leary has lambasted Britain’s bailout of Flybe, describing it as a breach of competition and state aid laws. In an open letter(...)

The emergency agreement seeks to prevent Flybe becoming the second UK carrier to fail in four months after Thomas Cook went bust in September. Photograph: Chris Ratcliffe/Bloomberg

Flybe’s collapse has been averted after the UK government told the airline it would review air passenger duty. The UK treasury announced on Tuesday t(...)

Boris Johnson’s decision to call a snap election put the UK budget on hold.

UK prime minister Boris Johnson’s freshly re-elected government is seeking to hold its first budget in March, rewriting spending rules as it does so, (...)

Mark Carney, governor of the Bank of England. Photograph: Reuters

The appointment of the next governor of the Bank of England will be pushed back until after the forthcoming election, the Financial Times reported, ci(...)

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