Rafael Henrique | Lightrocket | Getty Images Shares of major vaccine makers dropped on Monday after a key U.S. health official resigned in protest of Health and Human Services Secretary Robert F. Kennedy Jr.’s views on immunization. The departure of Peter Marks, the Food and Drug Administration’s top vaccine regulator, has raised fresh fears about…

MP Taiwo Owatemi’s £900 expense claim for a landlord’s surcharge to let her keep her dog in her London flat has prompted ministers to ask the Commons authorities for a review of allowance rules. The MP, who has a cockapoo called Bella, made her expense claim last August and it was accepted by the Independent…

UK savers would have up to £110,000 of their deposits protected if their bank or building society goes bust under proposals put forward by the Bank of England. The plan, put forward by the central bank on Monday, represents a near-30% hike from the current limit of £85,000, and would mark the first substantial change…

Introduction: World markets on track for biggest monthly loss since 2022 Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Donald Trump’s trade war is alarming the global markets, sending shares sliding in their worst month in over two years. Stock markets across the Asia-Pacific region are…

The UK oil services company John Wood Group has admitted that its financial results need to be restated, after a review found “cultural failings” led to information being withheld from its auditors. The FTSE 250-listed company said the independent review, carried out by Deloitte, also found “inappropriate management pressure” to stick with existing financial reports.…

Richard Branson’s Virgin Group has said there are “no more major hurdles to overcome” before it can begin operating passenger trains through the Channel tunnel after a decision by the rail regulator. The company, owned by the billionaire entrepreneur, made the claim after the Office of Rail and Road (ORR) said some capacity at Eurostar’s…

Thames Water has picked the US investment firm KKR to take a stake in the business, as the embattled water company fights to stave off nationalisation. The UK’s biggest water supplier, which is struggling under a debt pile of close to £20bn, said it had selected KKR as a “preferred partner” as it seeks to…

The boss of Primark has admitted an “error of judgment” and resigned following an allegation made by a woman about his behaviour towards her in a social situation, the retailer’s owner has said. Associated British Foods (ABF) said that Paul Marchant accepted that his actions fell below the standards it expected and had resigned with…

Tesla investors are bracing for evidence of declining global demand this week as the electric carmaker battles headwinds including a consumer backlash against its chief executive, Elon Musk. On 2 April, the US company will release data for first-quarter deliveries – a proxy for sales – that is expected to show a dip on the…

Nearly half of professionals would consider quitting if their employer forced them back to the office on a full-time basis, according to a new poll that suggests strife ahead amid a spate of companies issuing return-to-office mandates. While overall 48% of workers surveyed said they would consider handing in their notice over the requirement for…