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

Can you be on a six-figure income and still be considered poor?

A viral essay has caused outrage in the US with its argument that the poverty line for a family of four is now $136,500. But is this so wrong, asks Arwa Mahdawi

Chop and change: pork is ‘new beef’ for money-saving Britons, report finds

As beef price inflation soars to 27%, customers are turning to cheaper pork alternatives, Waitrose says

Tesla privately warned UK that weakening EV rules would hit sales

Elon Musk-owned electric carmaker also called for support for the secondhand market, documents reveal

Fear of facing the future has British politics stuck in the past

Keir Starmer and Rachel Reeves claim to be dealing with the world as it is, but seem to yearn for a world that has disappeared, says the Guardian columnist Rafael Behr

Australian economy crawls back into growth mode thanks to datacentre boom and household spending uptick

Analysts say national accounts figures show how far the economy has come, with annual GDP growth hitting 2.1% compared to 0.8% this time last year

Nike, Superdry and Lacoste ads banned in UK over ‘misleading’ green claims

Advertising watchdog says all three firms misled shoppers by using term ‘sustainable’ in paid-for Google adverts

Key aide to Nigel Farage was frontman for Premier League billionaire’s betting syndicate, lawsuit claims

Exclusive: George Cottrell ‘gave control’ of gambling accounts to syndicate headed by Tony Bloom, the owner of Brighton & Hove Albion FC

Production of French-German fighter jet threatened by rivalries, chief executive says

Relations between French company Dassault and the German unit of Airbus are reportedly ‘very strained’