The Telstra outage is a stark reminder of the widespread effects of single-system failures The network disruption – which brought trains, traffic lights and Eftpos payments to a halt – raises questions about the resilience of services
Britons to buy 8m mini fans this year – but almost half will end up in landfill Shoppers urged to seek quality products or alternatives as data shows demand surpassing last year’s total
Almost no progress made on UK regional household income divide in 30 years, report finds Despite promises of successive governments, gap between richest and poorest areas consistent since 1997
‘More public control’: what will Burnham do about water and energy? In the fifth of a series on nationalisation, we look at utilities – including the cost of ending private ownership
Revealed: Farage’s £5m gift reported to UK crime agency over money laundering concerns Exclusive: Latest Guardian revelation about gift from cryptocurrency tycoon comes as Reform UK leader forces byelection
EasyJet’s board has surrendered too easily to US bidder The company’s target to hit £1bn profitability is intact. Why isn’t the board putting up a proper fight?
Hundreds of jobs at risk as John Lewis announces closure of in-store services Desks offering gift wrapping and bureau de change stations will be closed at dozens of stores nationwide
Recession off the cards but Australia faces dreary outlook, economists say De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch
M&S invests in fridges that can cope with weather as hot as 45C Retailer admits it struggled in June heatwave and also had to order more ice-cream to keep pace with demand
Bank of England plans to ease capital rules despite AI stability fears Central bank’s financial policy committee members voice concern on trimming big lenders’ financial buffers
UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz – as it happened Rolling coverage of the latest economic and financial news
Burnham urged to ditch ‘dangerous’ UK-US NHS drug deal Exclusive: health groups call on expected next PM to rip up agreement, which analysis suggests could lead to 229,000 excess deaths by 2036
Act soon to change ‘unsustainable’ direction of UK debt, OBR warns Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’
EU rejects suspending biometric border controls despite 20 ‘difficult spots’ Officials admit new post-Brexit EES system is ‘not perfect’, as airports and airlines voice fears over delays
Half of Americans struggle to afford groceries and gas, exclusive poll finds About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris survey for the Guardian