Rachel Reeves will not be investigated over pre-budget briefing, FCA says Regulator leaves door open for follow-up as it rejects calls for formal inquiry into claims against Treasury officials
What has gone wrong at Zipcar – and is UK car-sharing market dead? Vehicle hire firms have struggled to succeed in London but other European countries offer examples to follow
Crypto investor gives £9m to Reform UK as donations to party exceed those to Tories Christopher Harborne’s record gift revealed in Electoral Commission figures prompts renewed calls for cap on political donations
Budget uncertainty blamed for plunge in UK construction output, and investor exodus from the stock market – business live Rolling coverage of the latest economic and financial news
UK’s small brewers call for chancellor to think again on business rates Trade group tells Rachel Reeves her property tax changes threaten the survival of community pubs
Water plant that caused Tunbridge Wells supply failure was given risk notice in 2024 Watchdog investigating South East Water contamination issue had previously warned of potential health danger
Record numbers becoming billionaires through inheritance, UBS report finds Swiss bank says bequests made 91 people billionaires, while overall number jumped from 2,682 in 2024 to 9,919 this year
Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials Co-founders’ acquisition of Venture Global shares before key permit granted draws scrutiny as pair deny wrongdoing
‘Tough market conditions’ hit UK half-year retail sales at Frasers Group Owner of Sports Direct chain says consumer confidence ‘very subdued’ with sales at sports division down 5.8%
Households face higher energy bills as £28bn grid upgrade gets go-ahead Plan to improve gas networks and rewire electricity systems across Great Britain likely to add £30 to average annual bill
‘People had forgotten about it’: onboard the 7am Manchester-London train service saved from axe Passengers welcome climbdown and say plan to turn Avanti West Coast service into ‘ghost train’ made no sense
Refinancing is delayed at Thames Water. If Ofwat is playing hard, it should keep going Discussions are ‘taking longer than expected’, which may mean regulator is tearing chunks out of creditors’ proposal
‘I’m rapt!’: meatball chants but no mania as New Zealand assembles for first Ikea store Overnight camping was banned and motorists were told to plan their journey as New Zealand finally joined the flatpack family
Advertising giant WPP relegated from FTSE 100 after nearly 30 years Market value of ad group that was once world’s largest plummets from about £24bn in 2017 to £3.1bn
Post Office avoids fine over leak of wrongfully convicted operators’ names ICO reprimands company over accidental publishing of data about people caught up in Horizon IT scandal