Wall Street swings in and out of red as turmoil from US president’s assault on world trade enters second week

• Business live – latest updates
• Nils Pratley: How do you price the risk of ‘economic nuclear winter’? The market hasn’t a clue

Extreme volatility plagued global stock markets on Monday, with Wall Street swinging in and out of the red as Donald Trump defied stark warnings that his global trade assault will wreak widespread economic damage, comparing new US tariffs to medicine.

A renewed sell-off began in Asia, before hitting European equities and reaching the US. It was briefly reversed amid hopes of a reprieve, only for Trump to threaten China with more steep tariffs, intensifying pressure on the market.

Exclusive: Richard Harpin pauses donations in move insiders say will result in closure of party’s northern HQ

• UK politics live – latest updates

One of the Conservatives’ biggest donors has stopped funding the party in a move insiders believe will result in the closure of its northern HQ, the Guardian can reveal.

Richard Harpin, the founder of the home repairs business HomeServe, has ended his donations to the Conservatives, according to two Tory sources.

Ministers and more than 70 MPs attended photo call with Yuan Yang and Abtisam Mohamed whose travel ban was called unacceptable

Cabinet ministers and more than 70 parliamentarians staged a show of solidarity with two MPs who were detained and barred from entry to Israel in what was the first time British MPs had been banned from the country.

The health secretary, Wes Streeting, and the chief secretary to the Treasury, Darren Jones, joined the photocall in Westminster Hall on Monday with the MPs, along with Hamish Falconer and housing minister Rushanara Ali. It was organised by the Rochdale MP Paul Waugh.

Scott Chilton leaves post at Hampshire and Isle of Wight Constabulary with immediate effect after notice from IOPC

The chief constable of Hampshire and Isle of Wight Constabulary has retired with immediate effect, on the same day he was given notice he was under investigation for two alleged workplace relationships.

The Independent Office for Police Conduct (IOPC) said it had notified Scott Chilton on Monday morning that he was under investigation for potential gross misconduct over a relationship from before he became chief constable and another after taking the force’s top job.

Judges reject Home Office’s attempt to withhold from public details of case concerning access of Apple users’ data

The UK has lost an attempt to keep details of a legal battle with Apple away from the public.

The investigatory powers tribunal, which investigates whether the domestic intelligence services have acted unlawfully, on Monday rejected a bid by the Home Office to withhold from the public the “bare details” of the case.

Peter Brooks, 61, broke into Graeme Perks’ house, doused the floor in petrol and stabbed him in January 2021

A surgeon has been convicted of the attempted murder of a fellow doctor, after he broke into his house, doused the ground floor in petrol and stabbed his victim, whom he wanted “out of the way”.

The plastic surgeon Jonathan Peter Brooks, 61, known as Peter, was convicted of two counts of attempted murder, attempted arson with intent to endanger life and possession of a knife in a public place after the attack on his former colleague Graeme Perks in the early hours of 14 January 2021.

Asylum seekers detained at Manston in Kent say they were kept in unsanitary tents during infectious disease outbreak

At least 250 people who were detained at Manston asylum centre during a period when it was dangerously overcrowded and grappling with outbreaks of infectious diseases are suing the government for unlawful detention and other breaches of their rights.

They include a woman who had a miscarriage, a child whose age was recorded as five years older than he was, classifying him as an adult, and a teenager who was a victim of torture and trafficking.

• Charge refers to alleged incident after Manchester derby
• Man to appear at the city’s magistrates court on 14 July

A man has been charged with assault for allegedly slapping Jack Grealish at Old Trafford at the end of the goalless derby between Manchester United and Manchester City on Sunday.

Grealish, who entered as a 74th-minute replacement, is thought to have been near the tunnel at the Stretford End when the man is alleged to have struck the City forward.

Ashley Daniels accused of giving more work to engineering firm after gifts that also included £2,000 boxing tickets

A senior manager at the Hinkley nuclear power plant accepted bribes such as an £11,000 quad bike to funnel extra work to a British engineering firm, an employment tribunal has heard.

Ashley Daniels was investigated by Hinkley’s owner, EDF, after he was given gifts such as £2,000 hospitality tickets for a boxing match and a refill for his Montblanc fountain pen, the tribunal in Bristol heard.

Debbie Harry and Chris Stein, founding members of the new wave hitmakers, pay tribute to their late bandmate

Clem Burke, the drummer whose backbeats powered Blondie to huge chart success across several decades, has died aged 70.

Burke’s bandmates Debbie Harry and Chris Stein said he had died after “a private battle with cancer”, in a tribute posted to Instagram.