US economy grows faster than expected as Trump announces 25% tariffs on India – as it happened

Live, rolling coverage of business, economics and financial markets as world's biggest economy grows at 3% annualised rate in data distorted by trade wars

Britain's clean energy future risks creating winners and losers" if lower-income households are not shielded from the costs added to energy bills to pay for it, the head of the energy regulator has said.

Jonathan Brearley, Ofgem's chief executive, said a systematic approach" to sharing the rising costs of the government's green power ambitions was needed to avoid poorer households facing soaring monthly payments.

The safety of our customers remains our highest priority - this principle has consistently guided our approach, and we have increased our cladding fire safety provision to reflect findings from updated fire risk assessments and investigations in the first half.