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Rolling coverage of the latest economic and financial newsMore on the cost of living: new figures show that UK grocery inflation eased in the four weeks to 12th July to 2.6%, its lowest rate since December 2024.It marks …
Board of UK government contractor recommends deal with private-equity owned rivalBusiness live – latest updatesThe outsourcer Mitie has agreed to a £3.1bn takeover by its private-equity owned rival OCS Group, ending near…
The PM and the new boss at the Treasury face an even trickier task than their predecessors. They need a good plan, and we have oneAlfie Stirling is an economist and director of policy at the Joseph Rowntree FoundationAs …
Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public controlBusiness live – latest updatesThe group of investors pursuing a rescue bid for Thames Water have of…
Vertical Aerospace says government has given £10m backing, taking its total investment in the project to £48mBritish flying taxi startup Vertical Aerospace has said the UK government has expressed interest in buying a mi…
Newly appointed chancellor John Healey says reduction will be funded by cancelling digital ID schemeElectricity bills will be reduced by an average of £45 a year from October, after Andy Burnham announced the government …
Higher taxes on sector could threaten plan for £3bn headquarters in London, says Jamie DimonBusiness live – latest updatesThe boss of JP Morgan, Jamie Dimon, has warned Andy Burnham against raising tax charges on banks, …
Unemployment holds steady at 4.9%, underlining the challenge facing the new prime ministerBusiness live – latest updatesEmployers cut the number of job vacancies in June, according to official figures that highlight the …
Turmoil likely as Trump officials say Canada unfairly discriminated against US autos, alcohol and dairy productsDonald Trump is imposing 50% tariffs on most Canadian goods in response to the country retaliating against p…
Tories, Reform, fossil fuel industry and some in his party lined up against net zero agenda as energy secretary“Whenever the Labour party feels a bit sad,” according to one close observer of the current government, speak…
$81bn merger halted for at least two weeks after US states sued to block deal, saying it would ‘extinguish competition’A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81bn merger for …
Rates may rise, but don’t be too concerned – a small increase is unlikely to change major decisions on investment or hiringWith the appointment of a new Federal Reserve chair, the latest concern is that interest rates wi…
The fear of becoming obsolete is a rising source of anxiety as artificial intelligence emerges in the workplace. Staying strongly connected with others will helpThe modern mind is a column where experts discuss mental he…
Fifa’s orchestration of incompatible or frankly absurd corporate sponsorship suggests the balance may have tipped too farIt’s almost all over. No more hydration breaks, no more obligatory pans of the TV cameras to Hollyw…
Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economyThe scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a person…
