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US stock markets fall amid Iran strikes and potential higher interest rates

Dow down 1.09%, or 500 points, as S&P 500 sees a small loss and tech-heavy Nasdaq rises slightly

City watchdog attacks consumer group in £9.1bn car loan payout battle

FCA clashes with Consumer Voice, alleging lack of transparency and conflict of interest

Oil prices rise sharply after Iran launches attacks on tankers near strait of Hormuz

Brent crude benchmark rose to more than $80 a barrel, its steepest increase since ceasefire began

UK Treasury yet to do due diligence on finding extra money for defence

How to hit the 3.5% of GDP spending promise made to Nato would be a matter for the next prime minister, MPs told

Can’t catch the train, can’t use Eftpos, can’t charge your car: how Telstra’s outage wreaked havoc across Australia

Trains, mobile phones, triple-zero calls and even EVs – if it communicates, Telstra bricked it

Oil prices jump over 5% after Trump suggests ceasefire with Iran has ended following fresh US strikes – as it happened

Brent crude spikes to a daily high of $79.26, gas prices rise, stock markets slide and government bond yields surge on inflation and rate hike fears

Bank of England governor says he is ‘able to spot’ lobbying after Farage crypto meeting

Exclusive: Andrew Bailey says no policy changes were made as a result of pressure from crypto tycoon-backed Reform leader UK politics live – latest updates

Britain’s markets attracting generation of highly educated entrepreneurs

Nearly a quarter of market traders now hold master’s degree, PhD or medical doctorate, research shows

The Hill is capitalizing on reader interest in the second Trump administration

The Washington-based publication is announcing plans for a new digital subscription product called the Hill Insider

IMF upgrades UK growth forecast as fears over impact of Iran war diminish

July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7

German car industry warns of job collapse unless ‘bold decisions’ made to address Chinese threat

VW to propose 100,000 job losses to board and says car plants could be put under foreign ownership to save jobs

Virgin Media fined record £28m for stopping customers cancelling contracts

Ofcom levies largest-ever consumer protection fine after finding firm deliberately mishandled millions of phone calls

Housebuilder Vistry warns of losses amid heavy discounting on unsold homes

Group blames expected £30m loss in first half of year on weakening market and lower consumer confidence

Severn Trent spared Ofwat fine after ‘serious’ waterwaste and sewage failures

Regulator found ‘unacceptable’ breaches in water company’s handling of drainage and sewage network

Trump’s policy mayhem is making even the Maga faithful consider walking away

Even voters who identify as foot soldiers of his political army are increasingly willing to blame Trump for their economic troubles

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  • US long-term borrowing costs hit 25-year high; weakening of UK’s EV sales targets criticised – business live
  • How England’s brutal summer heat is affecting farm animals and crops
  • Andy Burnham moves to cut new EV sales targets
  • As online dating goes into ‘salvage mode’, can AI solve all its problems?
  • US firms that kept DEI policies despite ‘go woke, go broke’ threats thrived
  • Ryanair window that passenger was partly sucked out of was broken by engine debris, report finds
  • 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

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