Advertising giant WPP relegated from FTSE 100 after nearly 30 years Market value of ad group that was once world’s largest plummets from about £24bn in 2017 to £3.1bn
Post Office avoids fine over leak of wrongfully convicted operators’ names ICO reprimands company over accidental publishing of data about people caught up in Horizon IT scandal
EU looks at legally forcing industries to reduce purchases from China Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements
Historic Smithfield and Billingsgate markets find new home in Docklands City of London corporation names Albert Island near City airport in Docklands for meat and fish markets
HSBC has a new chair but the succession process should have been slicker This is the UK’s second-largest listed company, and the European bank most exposed to declining US-China relations
UK using more wood to make electricity than ever, Drax figures show Giant biomass plant reveals burning of wood pellets made 9% of UK’s electricity in July, its largest ever monthly share
Thames Water profits surge on higher bills; Prada buys Versace for $1.4bn – as it happened Rolling coverage of the latest economic and financial news
Design boss behind new Jaguar leaves JLR weeks after change of CEO Gerry McGovern reportedly removed from role of chief creative officer after 20 years with business
Help to cut baby formula costs could save parents up to £500, Starmer says Ministers accept watchdog’s recommendations on how to help people avoid spending more on formula than needed
HSBC appoints interim chair Brendan Nelson to permanent role Questions raised about permanency of 76-year-old’s appointment and ‘leadership stability at critical juncture for bank’
Thames Water faces collapse as crisis talks take ‘longer than expected’ Debt-ridden utility company warns of ‘material uncertainty’ despite seeing profits rise to more than £400m
There are two big drivers of Australia’s economic growth – but shape matters as much as size Income from rooftop solar panels and investment in data centres are helping to power the economy, which leads us to the question: is all growth good?
UK temporary workers: tell us have you received less holiday pay than you are due? We’d like to hear from temporary workers in the UK who have not received their correct holiday pay by their agency
‘The Mamdani effect’: wealthy New Yorkers show renewed interest in Miami’s Billionaire’s Beach Sales spike at the Ritz-Carlton, Four Seasons and Cipriani as luxury buyers weigh moves from Manhattan
Airbus cuts plane delivery target amid A320 fuselage problem Output reduction to ‘around 790’ planes comes after French firm issued recall over software glitch affecting 6,000 jets