The bleak view that unemployment needs to rise shows the RBA acts firstly in the interests of companies, not workers
For now at least the bank looks to have stopped trying to slow an already slowing economy
Legislation proposed to stop lawsuits used to silence journalists and whistleblowers
Private members’ bills to crack down on use of Slapps are likely to attract cross-party support
UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – as it happened
Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese
Jaguar Land Rover to make more hybrid cars in US sales push
Drive to appeal to wealthy Americans is part of pivot away from previously announced all-electric strategy
AO boss blames Labour as it shifts UK call centre roles abroad
About 150 jobs have already been lost in Bolton as the retailer reports 145% rise in profits and hands £20m to shareholders
Real estate event in London ‘advertised sale of land in illegal Israeli settlements’
Pamphlets from event featured projects in West Bank and East Jerusalem despite previous denials by organisers
Lululemon apologises after Japanese drum row at Great Wall yoga event
Online uproar follows Canadian brand’s use of taiko drum at sponsored festival held to celebrate Chinese culture
Surprisingly benign UK inflation data signals a softer Iran war hit than feared
Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc
UK inflation stays at 2.8% as slowing food prices offset rising transport costs
May’s figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates
‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals
As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toast
Fashion tycoon Bernard Arnault accused of stranglehold over French business press
Arnault’s addition of leading weekly to stable of publications raises concerns about media ownership in France
John Lewis injects £20m into Glasgow city centre store in wider branch reboot
Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department stores
Lib Dems to urge Labour to drop ‘torpor and timidity’ on EU and rejoin single market
Exclusive: Ed Davey to make call ahead of 10th anniversary of Brexit vote, in strengthening of party’s position on EU
Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful, says economist and philosopher Ingrid Robeyns
SpaceX overtakes Amazon to become world’s fifth most valuable company
Elon Musk’s firm briefly reached $2.97tn valuation days after its IPO following purchase of AI coding startup Cursor