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UK minister defends changes to student loans as criticism mounts

Lucy Rigby tells MPs heavily subsidised system gives the government the right to alter terms of existing agreements

For those shedding a tear over house prices falling, these numbers may change your mind

An average home would cost $595,500 now if prices were the same relative to income as before John Howard turned the market into an investor casino

The business secretary is overselling UK state investment activism

Peter Kyle exaggerates role of British Business Bank and National Wealth Fund in nurturing firms

US inflation hits 4.2% in May as Trump’s Middle East conflict drives up prices – as it happened

US inflation hits a three-year high in May

WH Smith raises £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as falling US airport traffic due to Middle East conflict hits trading

Weight-loss drug users save more than £400 a year on food as take-up triples

New research suggests GLP-1 users are buying fewer snacks and treats such as crisps and chocolate

UK poised to ease steel tariffs as manufacturers warn of costs

Exemptions being considered after March announcement of measures to support domestic steel production

China’s BYD aims to be world’s biggest car firm within five years

EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in Europe

Pub chain Fuller’s hopes for bumper summer of World Cup and staycations

Company says it has strong bookings for England matches and has spruced up gardens for domestic holidaymakers

We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way

Our roadmap has been shaped by experts across the world. We call on political leaders at all levels to use it, says Olivier De Schutter and others

Nike charges World Cup fans the most for replica shirts after price surge

England supporters face paying inflation-busting £95 for an adult shirt as the tournament begins in the US

More than half of clean energy schemes needed for Labour’s 2030 target offered grid connection

The 700 projects include wind and solar farms, battery storage, gas and hydro plans

Households could save £200 on energy bills in plan to break link between gas and electricity prices, says thinktank

Government plan to de-link gas and electricity prices aims to reduce bills for consumers after global surge in prices

Global brands ‘likely’ using mineral that funds rebels accused of atrocities in DRC, investigation finds

Amazon and Sony among firms that may have sourced coltan, used in phones, from supply chains controlled by the M23 rebels, says Global Witness

US stadium and hotel workers threaten strikes ‘to make things fair’ during World Cup

Low wages and fears of ICE crackdowns have set workers on edge of strike as thousands set to arrive during World Cup

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  • ‘Slug sleuth’ farmers in England help develop prediction tool to cut back on pesticide use
  • Burnham must be upfront about tax or risk spooking the bond markets
  • Prediction markets surge in US as public health advocates call for support to combat gambling
  • Condemned to plutocracy? The relentless rise of US inequality
  • Suppliers unable to chase fees after film producer’s 50 companies are struck off
  • How Europe’s EV makers shrank their product to challenge the bloated SUVs
  • Petrol prices in Australia are now lower than before the Iran war began. Is the oil crisis over and what happens next?
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  • How do people in the US describe customer service in 2026? ‘Debilitating, depressing, enraging. Ugh’
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  • Kidney cancer rates near Pfas factory in Lancashire a ‘major source of concern’
  • What could US-Iran peace deal mean for UK household costs?
  • Hormuz disruption will continue until 80 mines blocking route are cleared
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  • Datacenters driving US clean energy growth while still threatening climate
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