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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

Crackdown on tech platforms will go ahead despite US intervention, says No 10

US embassy came out against UK’s proposed under-16 social media ban, which would affect American firms

UK’s biggest retailers urge government to act on youth unemployment

Bosses of M&S, Sainsbury’s and Tesco among those writing to Starmer that the ‘ladder of opportunity’ is wobbling

Former Burberry boss leads rescue mission for Burleigh Pottery

175-year-old Stoke-on-Trent company says Christopher Bailey’s investment will ensure continued production

Chip stocks bouncing back on Wall Street and South Korea; UK investigating Paramount-Warner Bros merger – as it happened

Rolling coverage of the latest economic and financial news, as the AI trade bounces back

Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war

National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the war

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets Authority

Whey protein shortage looms as use of weight-loss drugs fuels global demand

Price of dairy product has risen fivefold after users of GLP-1 medications advised to increase protein consumption

Delays from new EU border system may not ‘stabilise’ for two years, official says

Fears that EES checks requiring personal information and biometrics will cause summer of travel chaos in Europe

Car finance payouts could be delayed by years over legal challenges, says FCA

Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdog

All signs point to Trump pushing AI growth

Also: Anthropic advocates for a ‘pause’ on AI advancement – days after filing to go public on the US stock market

GSK makes biggest ever acquisition with $10.6bn for US cancer drug firm

Nuvalent’s late-stage lung cancer treatments zidesamtinib and neladalkib are expected to launch later this year

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  • Number of cloned number plates on UK roads at record high, data shows
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  • Thames Water asks for £2.4bn more to avoid going bust this year or early 2027
  • People in the US: what is your personal ‘recession indicator’?
  • Cost of balancing Great Britain’s power grid reaches nearly £50m a day
  • Lisa Nandy ‘minded to intervene’ in Sky’s £1.6bn purchase of ITV
  • Cult venue Prince Charles cinema ‘saved’ after lease renewal signed
  • Wall Street drops after jump in US producer inflation; John Healey says UK banks are part of ‘jewel in the crown’ – as it happened
  • Tech market sell-off deepens amid fears over US inflation and AI debt
  • US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account
  • Bad news for Trump ahead of the midterms: it’s still the economy, stupid
  • John Healey vows to give ‘breathing space’ to consumers and businesses in first budget
  • Gen Z wrestle with shame from ordering delivery food: ‘This economy is not for the weak’
  • Key US voters say economy is getting worse ahead of midterms, exclusive poll finds
  • Wallace & Gromit maker Aardman falls short of return to profit
  • ‘I introduce myself to anyone who looks a bit jumpy’: a security guard’s take on anti-shoplifting fixes
  • Poland’s ascent from communist state to top 20 economy reverses the brain drain
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  • Unemployment in Australia reaches 4.7%, its highest in nearly five years
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  • UK hospitality sector to offer up to 100,000 jobs to young people out of work
  • The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’
  • Sir Trevor Phillips urges CBS News colleagues to give critics blunt riposte
  • Done family took £30m dividend from Betfred before warning of job cuts
  • US inflation rose to 3.7% in September in blow to Republicans before midterms
  • ‘Ugly’ jump in US inflation, driven by gasoline prices, in blow to Trump before midterm elections – as it happened
  • English and Welsh water firms could be forced to return £107m via lower bills

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