FTSE 100 share index hits record high; four people arrested over UK cyber-attacks – business live Rolling coverage of the latest economic and financial news, as Royal Mail’s delivery targets are relaxed.
Scottish households urged to cut water use as climate crisis limits supplies Scottish Water boss says average Scot uses 40% more water than people in Yorkshire partly due to mistaken belief water is abundant in Scotland
ITV and Disney to share shows such as The Bear and Love Island in UK ITVX and Disney+ will offer selected programmes at no extra cost in ‘mutually beneficial alliance’
WPP names senior Microsoft boss Cindy Rose as new CEO Tech sector boss chosen to help develop AI and digital offerings and rebuild battered share price
Is there anything more British than an underwhelming boast on a sign? In this era of relentless, irony-free, fact-free braggadocio, I can’t get enough of amusingly bashful self-promotion, writes Adrian Chiles
UK government abandons energy ‘zonal pricing’ plan Proposal to vary electricity charges in England, Wales and Scotland based on supply and demand dropped in favour of ‘fair and affordable’ single price
US shoppers feel the heat of Trump’s trade war: ‘the prices are going up’ At a sweltering New York mall, customers say they’re paying more as tariffs push up costs on goods such as t-shirts
Royal Mail gets go ahead to axe second-class post on Saturdays Deliveries will also alternate on weekdays to reflect changing behaviour of users but critics say regulator has let courier off the hook
Last orders: Pubs in Britain will close at rate of one a day in 2025, trade body warns The British Beer and Pub Association calls for help to cut pub costs with 378 pubs in England, Scotland and Wales likely to call time this year
Trump announces 50% tariff on Brazil, citing a ‘witch-hunt’ against Bolsonaro Latest threats heighten fears that the president’s erratic trade strategy risks exacerbating inflation across the US
As much as £5bn needed to revive UK’s struggling high streets, study finds Business rates cuts not enough as people in poorer areas simply ‘don’t have money to spend’, says Centre for Cities
Labour MPs alarmed by rise in sponsored events arranged by party Invitations for receptions sent from parliamentary office include ads for housebuilders and public affairs firms
People in the US: have you had any issues with canceling a subscription? We would like to hear from people in the US who have had difficulties when trying to cancel a subscription
Bank of England says UK banks can increase riskier mortgage lending; Nvidia becomes first $4tn company – as it happened Rolling coverage of the latest economic and financial news, as BoE recommends banks can issue more high loan-to-income level loans
People in the US: are you delaying major life decisions under Trump’s presidency? We want to hear about what big decisions people might be delaying under the Trump administration and why