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