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Exclusive: Work and pensions secretary signals possible reform to welfare as ministers await key reviewsLabour must stop “simply writing a cheque” for health and disability benefit claimants and will provide more job support instead, the work and pensions secretary has said.Pat McFadden said the government was preparing to launch a renewed effort at welfare reform with a focus on encouraging more people with health conditions to get into work and off benefits. Continue reading...

Brent crude jumps 3.4% and European markets drop, with airlines including Ryanair among hardest hitBusiness live – latest updatesOil prices jumped and stocks fell after the US launched a fresh wave of attacks against Iran amid an escalating standoff over the strait or Hormuz.Brent crude, the international benchmark for oil prices, rose 3.4% to $78.59 a barrel on the renewed hostilities in the Middle East. It had been trading at $72.48 before the outbreak of the war in February, and hit

Timing of Devon switchoff ‘could not be worse’, says board, as members face an estimated £2m in lost revenue Britain’s biggest community solar project has been forced to shut for the duration of its first summer by the government’s energy system operator to avoid overloading the local grid with renewable energy.The north Devon solar farm was ordered to shut weeks before record high temperatures across Europe led to power supply warnings, due to concerns that the large amount of rooftop