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South East Water’s greatest failure was not contacting customers during winter outages, report finds

Fewer than one in 10 SEW customers satisfied with firm’s handling of supply crisis, which left tens of thousands without water

Lloyds, Halifax and Bank of Scotland apologise as users report app and online banking outage – as it happened

Rolling coverage of the latest economic and financial news

UK government to pay £1.3bn to help fund Universal Studios theme park in Bedfordshire

Chancellor hails deal saying it will create tens of thousands of jobs in the construction, hospitality, creative and technology sectors

Trump threatens tariffs on 60 trading partners including UK and Canada over ‘forced labour’

Proposal for 10-12.5% levies, to also include EU, Taiwan and Australia, would allow US president to skirt court-imposed limits

As the tech mega-IPO race heats up, has OpenAI missed its moment?

With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’

Federal workers experiencing ‘PTSD-like symptoms’ after unlawful firings by Trump administration

In survey of more than 300 fired probationary employees, 95% reported continuing mental health effects

Ovo Energy to pay more than £10m over prepayment meter monitoring failings

Regulator finds inadequate monitoring by firm could have exposed vulnerable customers ‘to clear risk of harm’

UK media websites given power to block Google using their articles in AI search

Watchdog makes ruling on search summaries after publishers complain about drop in click-through traffic and revenue

Jim Chalmers is putting a positive spin on the economy, but is Australia’s outlook grim?

The economy was slowing even before the Middle East conflict and interest rate hikes started to bite, while the boom in datacentres was a rare bright spot

OECD predicts spate of recessions globally if Iran conflict drags into 2027

Policy forum lays out ‘prolonged disruption’ scenario in which world’s GDP falls to 2.1% this year from 3.4% in 2025

Rural UK ‘particularly at risk’ of diesel shortages if Iran war continues

OECD forecast sets out economic risks from conflict, pointing to potential shortfalls to key energy products

Noted swift nesting site destroyed by contractors in peak season

Campaigners say builders’ demolition of nest site highlights weak protection of wildlife from development

‘Quite shocking’: why was a vulnerable customer sent a £8,400 energy bill?

ScottishPower apologises for charging error, as millions face higher costs under revised energy price cap

George Santos reportedly investigated by DoJ over suspicious Kalshi bets

Disgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speech

60 Minutes correspondent Scott Pelley fired by CBS News after clash

Move comes after meeting in which Pelley said network chief Bari Weiss was ‘murdering’ news show

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  • Babcock says Brexit and Covid beset Royal Navy contract as profits plunge
  • Pound and UK bonds holds steady as prime minister Keir Starmer confirms resignation – business live
  • US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected
  • Brexit: how it has hit your wallet at the supermarket and on holiday
  • Gen Z earning more than millennials did at the same age, says thinktank
  • Clearance rates hit six-year low as more than half of Australian homes up for auction fail to sell
  • Lloyds Banking Group to hire 300 tech experts to work on AI
  • UK taxpayers want higher levies on big tech companies, survey shows
  • Burnham ally to unveil ambitious plan to reverse decades of privatisation
  • Australia is publishing books too quickly – and everyone is losing out
  • Readers reply: Is ‘ripen at home’ fruit the supermarkets’ idea of a joke?
  • Trump hails Iran deal but conflict continues to cast long shadow over global economy
  • ‘Slug sleuth’ farmers in England help develop prediction tool to cut back on pesticide use
  • Burnham must be upfront about tax or risk spooking the bond markets
  • Prediction markets surge in US as public health advocates call for support to combat gambling
  • Condemned to plutocracy? The relentless rise of US inequality
  • Suppliers unable to chase fees after film producer’s 50 companies are struck off
  • How Europe’s EV makers shrank their product to challenge the bloated SUVs
  • Petrol prices in Australia are now lower than before the Iran war began. Is the oil crisis over and what happens next?
  • How do people in the US describe customer service in 2026? ‘Debilitating, depressing, enraging. Ugh’
  • JLR at risk of battery supply delays after Somerset factory turmoil
  • Bedtime blues: London ‘killing off nightlife’ as UK city with strictest licensing rules
  • ‘It’s Russian roulette’: alarm as Europe backs critical minerals mines in water-stressed regions
  • Great British summer savings: grab family deals on days out, films and more
  • Boats, bankers and borders: five symbols that sum up Brexit a decade on
  • City investors fear Labour leadership battle could push up UK bond yields, as UK borrowing jumps in May – as it happened
  • Heathrow third runway GDP yield may be 90% less than previous estimates
  • The rise of the luxury barbecue: the UK’s new outdoor cooking obsession
  • Kidney cancer rates near Pfas factory in Lancashire a ‘major source of concern’
  • What could US-Iran peace deal mean for UK household costs?

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