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FCC chair denies ABC license review is related to Kimmel controversy

Brendan Carr claims agency’s renewal order is strictly related to investigation into network’s DEI initiatives

If you’re not Thames, the water looks lovely for investors

Share prices of United Utilities and Severn Trent show that investors seem keen to throw capital at the right firms

Bank of England warns ‘higher inflation unavoidable’ after holding interest rates

Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle East

Bank of England leaves interest rates on hold with committee split 8-1; ECB also keeps rates steady – as it happened

Bank warns UK may need to brace for rate hikes later this year as ‘higher inflation is unavoidable’; oil prices retreat after topping $126 a barrel on Reuters report that the US is pressing ahead with plans for an international coalition to open the strait of Hormuz

Could the UAE’s shock exit from Opec cause an oil price war?

A standoff between Gulf oil giants Saudi Arabia and the UAE could cause greater market volatility for years to come

‘My own contribution’: the Ottawa immigrants learning to retrofit homes and fight the climate crisis

A Canadian social enterprise hopes to help solve the urgent need for retrofits and shortage of skilled workers

Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’

Markets spooked as US president appears willing to keep up naval blockade and Iran keeps strait of Hormuz all but shut

Iran supreme leader issues defiant statement on strait of Hormuz

Mojtaba Khamenei says Tehran will eliminate ‘enemy’s abuses of the waterway’ and guard its nuclear and missile programmes

US economic growth rebounds 2% as consumer spending slows amid Iran war

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears

Eurozone inflation soars to 3% as Iran war drives up energy prices

ECB keeps interest rates on hold as growth stumbles and price rises gather pace, up from 2.6% in March and 1.9% in February

Financial Times journalists in dispute with management over plans for office days

FT branch of NUJ say there is not ‘compelling case’ for mandate for editorial staff to be in office four days a week

Why Bank kept interest rates on hold despite message for UK to brace itself for Trumpflation

The reasons are hardly comforting, pointing to the weakness of a battered economy in the face of this latest crisis

Tell us: how will cuts to paid parental leave in the US affect you?

Some companies are scaling back paid parental leave. We would like to hear from people affected by this

‘Historic breakthrough’: Colombia climate talks end with hopes raised for fossil fuel phaseout

Nearly 60 countries back voluntary roadmaps to wean world off coal, oil and gas, at conference prompted by frustration with UN climate summits

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  • Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live
  • UK pay growth slows as Iran war prompts cost of living squeeze
  • Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman
  • Student bank accounts: don’t be swayed by the freebies, freshers told
  • Half of homes in Great Britain taking longer to sell than last year amid mortgage volatility
  • At least 109 BHP workers sexually harassed colleagues in a single year, mining company says
  • Top economists urge Burnham to sign UK up to UN initiative on global inequality
  • Ministers drop plan to relax affordable housing rules after negative response
  • Virgin Trains a step closer to running services to Europe in blow to Eurostar
  • European farmers face ‘unprecedented crisis’ after successive heatwaves
  • US gas prices reach highest ever recorded for August amid stalled talks with Iran
  • China’s economy showing signs that slowdown may be extending
  • Leading economies’ borrowing costs hit highest since 2008 crisis
  • Alarm raised over ‘privacy dilemma’ of facial recognition technology at Coles and Woolworths
  • Government borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened
  • UK government ‘irresponsible’ for not publishing emergency drought plans
  • Sainsbury’s store pauses AI scanning after false shoplifting accusation
  • JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks
  • Thom Yorke, Romy and Brian Eno among 200 musicians urging PM to reject new North Sea drilling
  • Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month
  • Are Microsoft’s AI plans being held back by a shortage of chips?
  • Summer jobs bounce back in UK thanks to busy calendar of sport and music
  • Water companies in England and Wales explore ‘surge pricing’ during drought
  • Interest rate dilemma for central banks as inflation rises but growth slows
  • ‘I see the incredible promise’: on set of an AI film shoot as new studios embrace controversial tech
  • ‘Why did it become personal?’: furore over plans to expand Kent oyster shack
  • Burnham urged to crack down on gig economy firms to protect 4m workers
  • A positive new report raises the question: was Reeves undermined by dodgy data?
  • University spinout to launch water quality app for UK and US waters
  • New UK cost of living crisis looms with soaring energy bills forecast to lift inflation

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