Reeves to say cuts to City red tape will bring trickle-down benefits to households

Chancellor to announce raft of deregulation changes as City regulators move to pare back transparency rules

Hot weather lifts UK spending as fans and sports gear add to sales

Retail body says sales up by 3.1% year on year in June after drop in May, but Barclays finds shoppers are cautious

Retailer marks 265th anniversary by choosing children’s favourite toys since its founding

Grant offering up to 10% off may benefit some cheaper Chinese models but leave Tesla fans paying full price

UK’s energy system operator forecasts emissions a third over target by 2035, in second official warning in a month

Energy secretary says it is not clear if opposition have any net zero policy

EU trade commissioner says ‘we want to use ‘every minute until 1 August to find a negotiated solution’

Ministers to consider mutualisation as an option in first big review of the organisation in 15 years

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.

Boss of Affinity Water, which serves 3.9 million customers in London and south-east, receives £1.6m

‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey

Restrictions to come into effect in Gloucestershire, Oxfordshire, Berkshire and Wiltshire from 22 July

Ice raids have caused workers to lose hours and income, and forced them into hiding at home, according to interviews

Chain reports £147m loss last year as business rates blamed for accelerating closures

And Three failed to make any of the right connections over a reported fraud