Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges
Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR says
Shivon Zilis, mother of four of Elon Musk’s children, testifies in OpenAI trial
Zilis, an executive at Musk’s brain implant startup Neuralink, served on OpenAI’s board from 2020 to 2023
Uncertainty looms as last oil tanker from Middle East arrives in California
With gas more than $6 in state, delivery of about 2m barrels is last planned shipment to pass through strait of Hormuz
Keep quiet ‘so we don’t go to jail’: the Israelis charged with bribery after suspicious bets placed on Iran strikes
Authorities allege that Omer Ziv and an unnamed air force major used classified information to bet on the timing of military operations on Polymarket
New York real estate titan likens the phrase ‘tax the rich’ to racial slurs
Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5m
Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal
US president says war will end if Tehran agrees to deal, but that ‘bombing starts’ again if it does not
Trainline says Middle East tensions hitting European rail bookings
Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year
Norwegian government attacked over decision to reopen North Sea gasfields
Approval for exploration in 70 new areas prompts fierce backlash from fossil fuel opponents
In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality
If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us
Oil and gas prices fall sharply, driven by hopes of strait of Hormuz reopening – as it happened
Iran’s Islamic Revolutionary Guard Corps navy has announced the strait of Hormuz could reopen following the end of ‘threats from aggressors’
Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk
Modella Capital, which rebranded shops as TG Jones, unveils radical restructuring plan, including rent holidays
Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows
Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costs
JD Wetherspoon issues third profit warning this year as costs climb
Chair Tim Martin says pub chain could miss expectations, in latest sign UK hospitality sector buckling under higher bills
Cut borrowing costs for poorer countries to free up $900bn for development – report
G77 nations spend $8tn a year servicing debts, but analysis shows how comprehensive relief could benefit social spending
Nine dollars for a Starbucks is an ‘affordable luxury’? CEOs need to wake up and smell the coffee
The head honcho thinks splurging nearly $10 on a beverage during a cost-of-living crisis is fine for a ‘special experience’. It’s time to offer my own valuable advice, writes Arwa Mahdawi