Few surprises as chancellor uses low-key speech blaming ‘global economic storms’ for stoking energy prices and cost of living crisis

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John Healey raised taxes on banks and landlords to fund a £100 winter handout for 20 million families as official forecasts made clear there is no end in sight for the cost of living crisis.

In his first budget, the chancellor blamed “global economic storms” for the grim outlook, as the war in Iran drives up oil and gas prices.

Passengers describe carriages full of seriously injured people after crash that has claimed at least 68 lives

• At least 68 killed in Toledo train crash – full report

Josimar Medina woke a little before 9am on Wednesday to find himself airborne and hurtling through his carriage on the fast train from Madrid to Seville.

“I remember flying through the air and looking for my girlfriend, who was also shooting through the air,” said Medina, a 37-year-old tourist from the northern Peruvian city of Chiclayo.

Passengers describe carriages full of seriously injured people after crash that has claimed at least 68 lives

• At least 68 killed in Toledo train crash – full report

Josimar Medina woke a little before 9am on Wednesday to find himself airborne and hurtling through his carriage on the fast train from Madrid to Seville.

“I remember flying through the air and looking for my girlfriend, who was also shooting through the air,” said Medina, a 37-year-old tourist from the northern Peruvian city of Chiclayo.

The luxury MV Odyssey ship slated for a years-long voyage around the world suspends operations amid high fuel prices

A luxury cruise ship that had embarked on a years-long voyage around the world was forced to suspend its operations and leave passengers stranded in Cambodia because of high fuel prices.

The ship, known as the MV Odyssey, had been carrying 203 passengers, mostly Americans, along with 156 crew members, Cambodian officials told the Associated Press. The ship has a 650-passenger capacity.

A passenger has recounted the moment two trains carrying more than 550 passengers in total collided in Spain. Volunteers attended the scene of the collision, distributing water and organising cars to take victims from the site.

The two high-speed trains were travelling in the same direction on the line from the Spanish capital, Madrid, to Seville in the south-west of the country, colliding in Toledo province on Wednesday morning

• Spain train crash - latest updates

Questions were raised before Toledo crash over rail safety in a country where train travel has surged by 40%

Spain’s high-speed rail network, the most extensive in Europe and the second largest in the world after China, has long been a point of pride in the country. But Wednesday’s deadly crash – the second in nine months – has recast the spotlight on questions about safety.

Officials said at least 68 people were killed on Wednesday morning after a high-speed train slammed into another that had stopped on the tracks, leading to the derailment of several carriages. The two trains were believed to be carrying 544 passengers.

Questions were raised before Toledo crash over rail safety in a country where train travel has surged by 40%

Spain’s high-speed rail network, the most extensive in Europe and the second largest in the world after China, has long been a point of pride in the country. But Wednesday’s deadly crash – the second in nine months – has recast the spotlight on questions about safety.

Officials said at least 68 people were killed on Wednesday morning after a high-speed train slammed into another that had stopped on the tracks, leading to the derailment of several carriages. The two trains were believed to be carrying 544 passengers.

Two high-speed trains collided in the province of Toledo in Spain on Wednesday morning. At least 30 of the 544 passengers on the two trains died and 80 were injured. The number of casualties is expected to rise

• Spain train crash - latest updates

At least 30 people have died and many more are feared injured after two high-speed trains collided in Toledo province in central Spain. Guardia Civil aerial footage showed a derailed train with at least one carriage remaining on an elevated section of track. It comes nine months after a collision between high-speed trains belonging to the same operators on the same line, in which 46 people were killed.

Spain’s state rail infrastructure authority said services between Madrid and the southern region of Andalucía had been suspended 'following a rear-end collision between two trains' on Wednesday morning

• Spain train crash – latest updates

• Spain train crash: at least 30 dead after collision in Toledo province

High-speed service travelling from Madrid to Seville ran into back of another, knocking two carriages off track

The Spanish prime minister has declared three days of mourning after at least 68 people were killed and dozens more injured in a collision between two high-speed trains that officials suggested was caused by an “inexplicable” error at the central command centre.

The trains, one from Spain’s state-owned Renfe and the other from the private rail company Iryo, were travelling on Wednesday morning in the same direction on the line that stretches from the Spanish capital, Madrid, to the southern region of Andalusia. After the Iryo train came to a halt, the other slammed into its rear, knocking several carriages off the track near the town of Urda.

High-speed service travelling from Madrid to Seville ran into back of another, knocking two carriages off track

• Spain train crash – latest updates

The Spanish prime minister has declared three days of mourning after at least 68 people were killed and dozens more injured in a collision between two high-speed trains in central Spain.

The trains were travelling in the same direction on the line that stretches from the Spanish capital, Madrid, to Seville on Wednesday when one of the trains ran into the tail of the other that had stopped, knocking several carriages off the track.