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Despite what the UK right will tell you, appeasing bond markets has actually led to instability

Austerity has benefitted bond traders but impoverished UK society and led to the rise of populism. Is it right that we carry on adhering to their interests, asks Guardian columnist Andy Beckett

UK’s growing green economy worth more than £100bn a year, research finds

Net zero industry accounts for more than a million jobs and benefits whole country, according to CBI Economics

Sadiq Khan vows to overrule residents’ group’s objections to Soho bars and restaurants

London mayor says Soho Society’s decision to challenge all new licensing applications is ‘bad’ for city

Mandelson lobbied hard for advisory firm after Labour victory, papers show

Emails and WhatsApp messages reveal exchanges with ministers when he was president of Global Counsel

CBS News veterans urge Paramount CEO to ‘uphold editorial independence’ at 60 Minutes

Dozens of former news staffers press David Ellison to commit to fair coverage in wake of major firings on the show

Anthropic confidentially files for initial public offering on US stock market

Financial stakes of the AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year

EasyJet is an obvious takeover target, but US approach may not be a flyer

Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the works

‘Utter disaster’: Alan Bates attacks schemes compensating post office operators

Government should not be involved in providing redress to victims of Horizon IT scandal, campaigner tells MPs

60 Minutes correspondent Scott Pelley accuses Bari Weiss of ‘murdering’ show

Pelley reportedly rebuked CBS ousting show’s executive producer, executive editor and two top correspondents

Ex-Federal Reserve chair Jerome Powell sounds alarm over political interference

Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fire

Oil price rises to $97 a barrel as ‘Iran stops exchanging messages with US’ – as it happened

British house prices fell 0.6% in May, leaving them 1.7% higher than a year earlier, Nationwide reports

UK house prices fall for first time this year amid rising mortgage rates

Nationwide finds typical price was £278,024 in May, as Savills says Iran war has ‘fundamentally changed’ outlook

Wise investigated in Belgium over money-laundering control concerns

International money transfer service’s shares tumble as it confirms discussions with prosecutor’s office

‘Catastrophic for creative industries’: Brexit barriers shut UK actors out of EU jobs

Casting shifts to EU talent as paperwork delays and visa limits make hiring British crews less viable

Reeves examines using private sector funds to speed building of new towns

Chancellor in talks with banks and investment funds about public-private partnerships to build infrastructure

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  • Alan Greenspan, longtime head of the US federal reserve, dies aged 100
  • Markets steady as prime minister Keir Starmer resigns; ex-Fed chair Alan Greenspan dies at 100 – business live
  • ‘Every time you turn around, there’s a new price increase’: US small-business optimism plummets
  • US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected
  • Job scams are growing and getting tougher to spot: ‘That’s the reality of this hell job market’
  • Cracks are showing in Trump’s white, blue-collar base
  • Babcock says Brexit and Covid beset Royal Navy contract as profits plunge
  • 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

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