BT pension scheme lost £300m on Thames Water stake

Loss came after decision to write off 8.7% equity stake in water company moving closer towards nationalisation

Meta pauses employee tracker for AI training amid privacy concerns

About 1,600 workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen content

Record profits, terrible service: something’s got to give for US consumers

Experts say consolidation and market power have left consumers paying more for less

‘Carspreading’ could lead to extra 400 crash deaths a year by 2040, study finds

Analysis shows cars in Europe have grown longer, taller and wider every year since 2000

UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival

FTSE 100 firm says Prologis all-share proposal turned down as it falls long way short of its own views on value

‘Extremely overwhelmed’: apartment renters face rising tide of fees

Guardian investigation: Renters at apartment buildings operated by industry giant Greystar complain they’re deluged by ‘unfair’ and ‘inflated’ fees. The company denies these claims

Interest rate hikes remain on cards as Australia’s underlying inflation climbs, economists warn

Despite plunging fuel prices, trimmed mean inflation increased from an annual pace of 3.4% to 3.6%

Progressive economists reject Unite leader’s criticism of Ed Miliband

Sharon Graham is urged to withdraw her claim that the energy secretary would cost jobs if he became chancellor

‘Walking a tightrope’: Burnham’s borrowing plans clash with fiscal realities

The man tipped for No 10 could also come under immediate pressure if his chancellor is deemed by bond markets to be too left-wing

Adidas, Uniqlo and Calvin Klein ads in UK banned over ‘recycled’ clothing claims

UK regulator has increased its scrutiny of fashion retailers over potentially misleading environmental statements

Deaths linked to London air pollution have fallen 40%, study estimates

However, Imperial College team also find that pollution has worse health impact than previously understood

Card payments outage hits pubs and shops during England match

Customers report having to use cash at stores such as Tesco and to buy drinks due to outage at payments processor WorldPay

Europe’s heatwave drives electricity prices to new highs as demand soars

Great Britain has paid at least six times the normal price for imported power as millions turn on air conditioning and windfarm output sags

Keir Starmer and Andy Burnham have met away from No 10 to discuss transition – as it happened

Prime minister said to have left Downing Street for secret meeting with his probable successor

Clive Davis obituary

One of the most powerful men in the American recording industry who promoted Whitney Houston, Bruce Springsteen, Janis Joplin and Barry Manilow