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The BP drama will fade: boards are allowed to ditch the chair

Rather than a continuation of the company’s recent issues, isn’t this an example of the board doing what it is supposed to do?

Lego launches Pokémon ‘smart’ bricks equipped for interactive battles

Tie-up between blockbuster toy brands offers hi-tech play sets that will allow fans to ‘feel like the trainer’

Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happened

Rolling coverage of the latest economic and financial news

Zero-hours contracts: ministers’ detailed plans for UK ban criticised by firms and unions

Government says it would prefer workers to be guaranteed between eight and 20 hours a week based on regular hours

There are thousands of dirty old drill sites in Colorado. The state gave oil firms a $1bn pass

Investigation reveals regulator let firms off the hook on cleanup bonds despite backlog that will take decades to clear

Google owner Alphabet to sell $80bn in stock to fund AI spending spree

Markets take note as world’s biggest equity fundraiser bids to garner more money than the three biggest-ever IPOs combined

Democrats oppose Trump officials’ effort to include crypto in 401(k) plans

Change backed by labor department would expose workers to greater financial risk, letter shared with Guardian says

BP backs Amanda Blanc to lead search for new chair despite investor concerns

Senior independent director to handle process again after Albert Manifold’s shock departure last week

London tube strike causes huge disruption, with many services hit

About half of London Underground drivers take action on Tuesday, with second strike scheduled for Thursday

Orbán’s oligarchs on edge as Hungary poised to launch wealth tax

New PM Péter Magyar calls policy a sign of ‘social justice’ after years of political loyalty being rewarded with economic opportunity

Despite what the UK right will tell you, appeasing bond markets has actually led to instability

Austerity has benefitted bond traders but impoverished UK society and led to the rise of populism. Is it right that we carry on adhering to their interests, asks Guardian columnist Andy Beckett

UK’s growing green economy worth more than £100bn a year, research finds

Net zero industry accounts for more than a million jobs and benefits whole country, according to CBI Economics

Sadiq Khan vows to overrule residents’ group’s objections to Soho bars and restaurants

London mayor says Soho Society’s decision to challenge all new licensing applications is ‘bad’ for city

Mandelson lobbied hard for advisory firm after Labour victory, papers show

Emails and WhatsApp messages reveal exchanges with ministers when he was president of Global Counsel

CBS News veterans urge Paramount CEO to ‘uphold editorial independence’ at 60 Minutes

Dozens of former news staffers press David Ellison to commit to fair coverage in wake of major firings on the show

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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
  • UK households have paid extra £13,961 on bills since 2021 amid soaring inflation, TUC says
  • The global economy is muddling through against the odds. But a storm is coming
  • Unemployment in Australia reaches 4.7%, its highest in nearly five years
  • ‘Like, really, really shocked’: why are so many people riffing on this sheep’s sex appeal?
  • 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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