White House seeks inspection of Fed building as Trump piles pressure on Powell US president has suggested the central bank mismanaged funds for renovations at the Federal Reserve headquarters
‘Worse than Covid’: hospitality bosses blame Reeves’ budget for UK downturn With data suggesting the sector has been hit hardest, some employers can’t afford to recruit summer worker
From landfill to luxury: how a designer uses scraps from Hermès and Chanel to make leather goods Hyer Goods sells bags, wallets and other products made from high-end deadstocks – leftover fabrics that might otherwise end up in landfills
David Boyle obituary Political economist and author who promoted ideas such as time banks and community sharing
HS2 subcontractor’s role on £100m ‘bat tunnel’ terminated after claims of inflated pay rates Contractor BAM ends Danny Sullivan Group’s involvement following investigation into ‘compliance issues’
Number of city rail commuters in England and Wales passes pre-Covid levels Two million passengers took weekday trains into cities last autumn, the highest number since records began
How Trump’s anti-immigrant policies could collapse the US food industry – visualized The president is threatening to deport essential farm workers, grocery clerks and food delivery drivers. But without them, shelves could go empty and prices could soar
M&S reinstates Sparks loyalty scheme after cyber-attack Retailer also offers staff a brief ‘thank you’ discount as it starts to recover from the hack on its IT systems over Easter
UK payrolls down by 178,000 over last year; Bundesbank chief defends central bank independence after Trump’s attacks on Powell – as it happened UK company payrolls have fallen steadily in recent months, pushing unemployment rate to four-year high
‘It feels cool to be a cog in change’: how doughnut economics is reshaping a Swedish town A casual mention of Kate Raworth’s theory has grown into the basis for decision making in Tomelilla
Southern Water nearly doubles CEO pay to £1.4m despite bonus ban Lawrence Gosden’s award comes amid high levels of corporate debt, serious sewage leaks and recent hosepipe ban
Jaguar Land Rover to axe 500 UK management jobs as Trump tariffs fallout dents sales British carmaker to offer voluntary redundancy to managers after 15.1% sales drop in three months to June
Anger over Santander charging for business accounts it said would be ‘free for ever’ Exclusive: Thousands of small business owners face charges of £9.99 a month from October despite previous written guarantee
London-Berlin trains on the drawing board for UK-German rail taskforce Chance of direct services reignites hopes for better rail links across Europe as Stamer and Merz pledge to sign bilateral treaty
UK unemployment rises and wage growth slows as jobs market ‘weakens’ ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%