Germany’s Friedrich Merz agrees spending deal with Greens
Deal paves way for the flagship defence and infrastructure package to be adopted by parliament next week
Rayner and Cooper criticised cuts in ‘tense’ UK cabinet meeting
‘Large minority’ of ministers protested about planned spending reductions in their own departments
Gold hits $3,000 for first time on global growth fears
Precious metal has benefited amid steep sell-off in Wall Street stocks and concern over trade wars
UK economy unexpectedly contracted 0.1% in January
Figure marks setback for chancellor Rachel Reeves ahead of high-stakes Spring Statement
Deutsche Bank reviews Canary Wharf presence
Exit or reduction in floorspace would mark latest retreat from docklands office district
Tariffs on goods may be a prelude to tariffs on money
Capital inflows could be the Trump administration’s next target
