Phillip Inman

More than £3bn is due to be spent on the proposed road tunnel between Kent and Essex, which is estimated to have higher costs per mile than HS2

Backed by a mix of private and public finance, Huddersfield and Manchester are among many in the academic sector helping to create jobs and growth

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring

A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequality

Make UK says manufacturers’ feedback shows sector at risk of collapse as it calls on Treasury to take action

Britain's industrial sector is at risk of collapse as thousands of companies warn that they could face bankruptcy within the next year because of high energy prices, according to an industry survey.

Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressures

Unemployment fell and wages increased in April, official figures showed, putting pressure on the Bank of England to raise interest rates despite a peace deal in the Middle East.

The number of UK job vacancies fell to its lowest level for five years as businesses cut back on recruitment, official figures show, despite signs the labour market has been more resilient to the Iran war than feared.

As the price of crude oil falls governments are counting the costs of the war in the Middle East