Shoppers splash out on fans and paddling pools as retail sales in Great Britain hot up

May heatwave drives up volume of sales 1.2%, the strongest monthly growth since January, says ONS

Heathrow third runway likely to harm health of millions nearby, official report warns

Expansion could also hit access to housing, education, healthcare, open spaces and transport, analysis says

‘How am I supposed to know if it’s cute on me?’ The strange death of the changing room

A surge in online shopping means more of us are buying without trying – but not all stores want to see the end of the fitting room

KPMG leaked confidential Optus information and surveilled whistleblower’s laptop, inquiry hears

International firm owns up to breach of ethics after staff leaked confidential Optus information while bidding for telco contract

On the trail of the dotcom queen: how Julie Meyer left a pattern of unpaid bills, missing funds and broken dreams in her wake

Investigation: The entrepreneur was once the toast of London’s tech scene, a ‘global leader of tomorrow’ who starred on Dragons’ Den and promised untold riches for the startups she championed. But people she worked with in the last decade, from Malta to Switzerland, describe a very different reality

UK borrows more than expected as impact of Iran war takes toll

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader

MPs urge Fujitsu to make ‘immediate’ payment to Post Office Horizon victims

Liam Byrne, who chairs Commons business committee, says too many operators are still waiting for redress

Burnham brings in top economists before possible leadership run

Labour mayor giving advisory roles to ex-Bank of England economist and others seen as attempt to reassure markets

Another FTSE 100 firm falls to private equity. Where are the new listings?

You can’t complain Intertek’s £10bn takeover happened – the problem is the lack of arrivals in the other direction

Bank of England governor warns UK public to expect higher costs this year

Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on hold

City & Guilds scraps mass redundancies and offshoring UK jobs to Greece

PeopleCert had been planning to cut about 400 jobs in £22m savings drive at training body it bought last year

Fed governor Lisa Cook faced $1.3m in legal and security fees after Trump’s bid to fire her

Cook is at the center of a supreme court case focused on whether Trump’s firing of her from the Fed board was legal

Not so empty nesters: record-high number of US adults under 35 live at home, new data says

Data shows that the increase in at-home living stems from high housing costs rather than labor market conditions

Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision

‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds

Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers