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Crispin Odey: I can’t remember telling female employee ‘I could attack you now’

Hedge fund tycoon faces questions in court over sexual harassment allegations that have left his career in tatters

Reeves slips into yoga voice to try to soothe fears over costs of Trump’s war

The chancellor was meant to set out her contingency plans but it was an announcement without any announcements in it

Delta suspends special service perk for Congress members amid DHS funding battle

Airline CEOs have urged Congress to restore funding to the TSA as lengthy security lines plague US airports

UK defence firms ‘bleeding cash’ as delayed spending plan leaves industry in ‘paralysis’

Industry groups say delay to defence investment plan (DIP) leaves UK lagging behind in global race for funding

Green energy boss backs more North Sea oil and gas production from existing sites

GB Energy’s Jürgen Maier says production could bring economic benefits and give supply chains ‘time to transition’ to renewables

Energy price shock and interest rate rises could cause ‘pronounced’ UK recession, economist warns – as it happened

Morgan Stanley warns that UK could fall into a recession at the turn of the year, if energy prices remain high and Bank of England hikes interest rates

What levers could Rachel Reeves pull to help with rising prices?

What the chancellor could do to counter the economic impacts of Iran war, from stopping price gouging to cancelling fuel duty rises

Rachel Reeves rules out universal support on energy bills

Chancellor says package offered by Liz Truss’s government was unaffordable and any future help will be targeted

TSA workers try to survive second shutdown and ICE influx: ‘We need to be paid’

Workers are ‘in the middle of chaos from political games’ as Senate Republicans try to negotiate with Democrats to reopen DHS

Seven charts that reveal how unprepared Australia was for the fuel crisis

Disruptions to Middle East oil shipments have rippled along the world’s longest supply chain through Asia – and there’s no knowing when the pressure will ease

Albanese government could increase ethanol level in fuel as farmers warn about food prices

Treasurer admits the end of the war ‘can’t come soon enough’ for Australia as small miners scale back operations

UK manufacturers hit by sharpest rise in cost inflation since Black Wednesday in 1992

PMI figure reveals impact on economy of rise in oil prices driven by Iran war

Revolut warns it risks backlash over support for energy-intensive AI and crypto

Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month

Estée Lauder in talks on merger with Jean Paul Gaultier owner Puig

Combination of US and Spanish companies would create $40bn fashion and beauty group

UK vets face crackdown over fees as pet owners ‘left in the dark’ on bills

Prescription fees to be capped at £21 and practices must publish price lists, watchdog says

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  • Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live
  • ABC sues Trump’s media regulator over demand for TV license renewals
  • UK risks running out of gas by 2030s, ministers told
  • Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman
  • Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade
  • ‘Picky bits’ on the menu as British shoppers snap up picnic food in heatwave
  • UK pay growth slows as job vacancies hit five-year low
  • Sports Direct owner Mike Ashley tightens hold on Hugo Boss
  • Student bank accounts: don’t be swayed by the freebies, freshers told
  • Half of homes in Great Britain taking longer to sell than last year amid mortgage volatility
  • At least 109 BHP workers sexually harassed colleagues in a single year, mining company says
  • Top economists urge Burnham to sign UK up to UN initiative on global inequality
  • Ministers drop plan to relax affordable housing rules after negative response
  • Virgin Trains a step closer to running services to Europe in blow to Eurostar
  • European farmers face ‘unprecedented crisis’ after successive heatwaves
  • US gas prices reach highest ever recorded for August amid stalled talks with Iran
  • China’s economy showing signs that slowdown may be extending
  • Leading economies’ borrowing costs hit highest since 2008 crisis
  • Alarm raised over ‘privacy dilemma’ of facial recognition technology at Coles and Woolworths
  • Government borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened
  • UK government ‘irresponsible’ for not publishing emergency drought plans
  • Sainsbury’s store pauses AI scanning after false shoplifting accusation
  • JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks
  • Thom Yorke, Romy and Brian Eno among 200 musicians urging PM to reject new North Sea drilling
  • Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month
  • Are Microsoft’s AI plans being held back by a shortage of chips?
  • Summer jobs bounce back in UK thanks to busy calendar of sport and music
  • Water companies in England and Wales explore ‘surge pricing’ during drought
  • Interest rate dilemma for central banks as inflation rises but growth slows
  • ‘I see the incredible promise’: on set of an AI film shoot as new studios embrace controversial tech

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