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GSK invests £400m to move research centre to Cambridge as Burnham praises ‘vote of confidence’ in UK – as it happened

Rolling coverage of the latest economic and financial news

Qantas plane flies for more than 24 hours in record-breaking flight

The A350 landed in Toulouse 24 hours and 24 minutes after leaving Melbourne as airline plans direct London service

Banks charged mortgage holders $55m in extra interest after offset account errors, Asic finds

Australian banks ‘not getting the basics right’, regulator says after review of more than 200,000 home loans

Ex-FCC officials warn agency sending ‘chilling message’ with ABC license review

Ex-officials ask FCC to reject petitions to deny renewal of broadcast licenses for eight stations owned by ABC

GSK to cut jobs amid £1.9bn cost-cutting plan and bid for faster drug development

Pharmaceuticals company is investing £400m in UK life sciences and moving scientists to new Cambridge R&D site

Marmite and Dove owner Unilever warns of price rises due to growing costs

Consumer goods group reports strong sales growth, owing in part to World Cup marketing campaigns

ICE-linked security firm reports UK revenue slump after asylum contract ends

MTC provided security at heavily criticised Manston centre in Kent – and could now make £500m managing arrivals at site

Burnham urged to increase tax on banks as Barclays’ profits soar

TUC says lender ‘can easily afford to pay more tax’ as it increases half-year bonus pool by nearly 30%

Blow to NHS as Royal Mail raises prices for bulk users by a third

Average 25% increase for letters such as marketing, bills and medical appointment notices from 5 October

Burnham is taking a bold risk by busting the big lie of politics – that change is impossible

Unequal capitalist societies survive on the premise that certain things are inevitable. Admit that these are political choices, and who knows what voters will demand, asks Guardian columnist Frances Ryan

Cottage pie and glass of red, anyone? Britons shun salad despite heat in ‘reverse comfort eating’

Nostalgic foods like toad-in-the-hole also in demand at Waitrose as people pivot towards familiarity amid climatic and political upheaval

Train drivers in Great Britain consider strike action over lack of toilets

Unions say basic needs still not being met a year after regulator told operators to improve facilities

Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall

Cracker Barrel CEO to step down after overseeing logo backlash last year

Julie Masino faced criticism as restaurant chain was called ‘woke’ and ‘soulless’ after unveiling modernized logo

Private equity finds soft takeover targets in London – yet again

Offer for DCC Energy leaves total of completed or agreed deals within FTSE 100 this year at five, but has Westminster noticed?

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  • US long-term borrowing costs rise to 25-year high, as inflation fears hit bond sale – business live
  • Engine parts shattered Ryanair window that passenger was partly sucked out of, report says
  • Tougher crops and beaver dams: how UK farmers are tackling drought
  • Searches for UK homes with air conditioning more than double
  • BAE Systems to pay $36m penalty after 104 violations of US arms export rules
  • Water customers are not a ‘blank cheque’, Burnham tells suppliers
  • Energy nationalism and interconnectors: the next power threat?
  • Ukraine ‘offering Russia deal to halt attacks on civilian ships in Black Sea’
  • Edinburgh international film festival showcases a Scottish industry in rude health
  • Sports Direct owner Mike Ashley buys Harvey Nichols
  • Jack Crabtree obituary
  • Tesla paid Elon Musk 2.5m times more as CEO than its average worker in 2025
  • Is Australia’s buy now, pay later boom at an end?
  • Polls open in Clacton, where Farage spent more than £10,000 in byelection against Count Binface – as it happened
  • Andy Burnham ‘angry’ over water company bill increases; Sports Direct owner buys Harvey Nichols – as it happened
  • UK economy shows surprising resilience – but that may not last
  • South Korean airport becomes busiest in world for global traffic amid Iran war
  • UK economic growth slows down as Iran war pushes up energy prices
  • Australia’s largest aluminium smelter to run on renewables by 2033 after Rio Tinto strikes $2.5bn taxpayer bailout deal
  • India fuels worldwide jump in planned coal production
  • Telstra CEO gets $700,000 pay rise to $6.8m despite Australia-wide outage
  • Greenland forces Trump-linked US oil firm to delay drilling
  • The Guardian view on Japan’s yen: Trump wants to keep the easy-money machine running
  • Trump sued over $100,000-a-month early-access offer to Truth Social posts
  • Zhu Rongji obituary
  • Great Britain braced to pay millions for backup electricity during solar eclipse
  • Isn’t it amazing what a policy that actually tackles the cause of outrageous house prices can do?
  • US credit card debt climbs to $1.26tn, nearing last year’s record high
  • Canadian airline WestJet agrees to settle flight attendants’ sexual harassment class action
  • Global energy watchdog warns oil stockpiles ‘rapidly depleting’ – as it happened

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