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Court appearance of president’s son this week is latest lurid case to roil US election campaign

President’s son walks out of chamber after barrage of personal attacks from Republicans

Republican efforts to pin the son’s sins on the president have intensified with Trump’s legal woes

Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns

Start-up may struggle to be taken seriously as both a news organisation and an investment fund

OBR says the economy faced serious economic headwinds even after chancellor’s Autumn Statement

Also in this newsletter, Sunak’s private jet trip raises questions over Tory donor access to top MPs

Chancellor shelves plan to cut inheritance tax in Autumn Statement but has more fiscal headroom than expected

Future government would be faced with imposing austerity on some public services to meet key pledges in Autumn Statement

Headroom of £14bn considerably lower than that forecast by independent analysts