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MPs urge UK government to halt contract giving Palantir FCA data access

Awarding US spy-tech company deal involving sensitive financial data is ‘huge error of judgment’, Liberal Democrats say

AI boom risks widening wealth divide, says BlackRock’s Larry Fink

CEO of asset manager says only a few firms and investors may reap rewards from growth in the technology

Leonid Radvinsky, owner of OnlyFans, dies aged 43

Ukrainian-American billionaire who owned subscription service for adult content died of cancer, the company says

EasyJet bookings fall because of Iran war as boss warns of air fare rises

Airline has hedged much of fuel into 2027, avoiding soaring prices, but costs likely to hit passengers by end of summer

Starmer says ‘every lever’ will be explored to ease rising costs of living from Iran conflict

PM will chair Cobra meeting with key ministers and Bank of England on Monday, as experts warn of economic shock

Idris Elba-backed firm Huel bought by Danone in €1bn deal

Co-founder Julian Hearn and actor likely to get big payday after takeover by French group

Australia’s generation Alpha faces $185k bill over lifetime without urgent action on climate crisis, report finds

Global heating consistent with current projections would cost average millennial $130,000 and $165,000 for gen Z, according to Deloitte modelling

UK mortgage interest rates expected to rise despite Trump’s Iran pause

Bank of England likely to make two quarter-point increases amid sustained rise in inflation, investors believe

Workers who fall for ‘corporate bullshit’ may be worse at their jobs, study finds

New study finds that employees impressed by corporate speak may be least equipped to make effective decisions

World’s broadcasters urge EU to tighten rules for big tech in smart TV battle

Google, Amazon, Apple and Samsung control operating systems, allowing them to act as gatekeepers, letter claims

Crossbench MPs pressure Labor over gas export tax – as it happened

This blog is now closed

Iran war energy crisis equal to 70s twin oil shocks and fallout from Ukraine war, says IEA chief

Fatih Birol says effect on energy markets of Iran bombings and closure of Hormuz strait not initially understood by world leaders

HS2 firm says new steel tariffs will ‘exacerbate’ cost pressures for UK construction industry

Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete prices

‘You can feel it’: South Yorkshire revival gathers pace as new industries move in

From steel to screen, podcasts to defence, Sheffield’s economy is diversifying amid a wave of new investment

Starmer adviser urges ministers to look at profits cap for energy and petrol firms

PM’s ‘cost of living champion’ calls for consideration of temporary measure to prevent profiteering from Iran war

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  • ‘A feudal relationship’: Stonegate Pub Partners under scrutiny after complaints of tenant mistreatment
  • Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live
  • Ikea to take on eBay and Vinted with UK online secondhand site
  • 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

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