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Wealthy parents rush to give children their assets as tougher UK inheritance tax rules loom

Big family enterprises, which previously paid no IHT, will face tax of 20% on value above £1m from April

AstraZeneca pauses £200m investment in Cambridge research site

Decision means none of drugmaker’s much-trumpeted £650m UK investment package is currently proceeding

Pound dips after UK economy doesn’t grow in July; Ocado shares slide 20% amid robotic warehouses demand fears – as it happened

Economy “does feel stuck”, says Treasury spokesperson, after UK GDP is unchanged in July

Barclays boss urges UK ministers to limit public sector pay rises

TUC says CS Venkatakrishnan has ‘brass neck’ calling for curbs when his pay packet has doubled to £10.5m

Workplace safety issues at Georgia’s Hyundai plant may have led to Ice raid

Three people have died in two years at the South Korean Hyundai-LG battery plant in Ellabell

Vegan burgers are losing the US culture war over meat: ‘It’s not our moment’

Once seen as a climate fix, vegan burgers now languish at 1% of the US market amid rising meat culture

TfL invites RMT for further talks as London tube services resume after strike

Services on all underground lines restored after morning rush hour on Friday with some delays

Community groups warn against push to ‘rip up’ UK nuclear industry rules

Joint response by 25 bodies says proposals to speed up approval of new power plants weaken protection for public

Giorgio Armani’s will says his brand should be sold or seek IPO

Late founder instructs heirs to gradually sell stakes with priority given to LVMH, L’Oréal or EssilorLuxottica

UK economy flatlines in July in grim news for Rachel Reeves

Official GDP figures confirm widely expected slowdown after strong expansion in first half of the year

Stagnant GDP shows scale of challenge for Rachel Reeves at autumn budget

Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds

Britain is ‘a terrible place’ to sell medicines, says drug firm executive

Sanofi’s market access chief urges ministers to come up with a roadmap to raise spending on new treatments

Peter Mandelson’s advisory firm cuts ties amid Jeffrey Epstein revelations

Global Counsel, co-founded by the sacked ambassador to the US, is selling off his multimillion-pound stake

UK imposes 100 new sanctions targeting Russia’s revenues and military supplies

Electronics firms and ‘shadow fleet’ carrying oil among targets as UK foreign secretary, Yvette Cooper, travels to Ukraine

Business rates rise would put hundreds of big shops at risk, say UK retailers

Concern for ‘anchor tenants’ as trade body warns that stores could put up prices or cut jobs to protect profits

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  • Qantas may hike fares and expand Jetstar add-on fees as profits dip to four-year low
  • Top of the crops: record heatwaves help deliver bumper UK berry harvest
  • No more UK energy bills support likely before price cap rise
  • Plug-in balcony solar panels to go on sale in UK for first time
  • ‘Work is good for you’: how UK scheme could help tackle youth mental health crisis
  • The London stock market dodged a bullet with Shein
  • What will we get out of the AI boom? The data suggests lots of noisy, energy-hungry datacentres and not much else
  • Pubs, bars and hotels report ‘Burnham bounce’ in optimism but call for further tax relief
  • Meta reaches $16.7bn settlement with US states over social media harms to children – as it happened
  • Bill Gates calls for ‘human-reserved’ jobs in face of AI takeover
  • Wiped out: US faces surging toilet paper prices amid trade war with Canada
  • London rollout of robotaxis delayed amid lack of guidance for firms to follow
  • Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation
  • Labour’s energy bills crisis is getting worse. Political honesty is essential
  • Britons face highest price cap in three years as energy bills rise 4% from October
  • Wednesday briefing: How Canada has turned a trade dispute into a defence of its sovereignty
  • Woolworths posts $1.14bn profit in cost-of-living crisis – but CEO says it’s not thanks to rising shelf prices
  • National lottery faces questions over new boss’s record in gambling industry
  • ‘A mockery’: how offshore tax havens are thwarting the UK’s transparency push
  • Trump endorsement helps boost Darline Graham in South Carolina primary to replace her late brother in US Senate – as it happened
  • Gavin Newsom puts Spanish-style California mansion up for sale for $7.5m
  • Burnham mulls insolvency law shake-up to help bring utilities under public control
  • ‘They make life much easier’: AI-powered shopping trolleys go on trial in Lancashire
  • Canada announces retaliatory tariffs on wide range of US goods
  • VW workers boo boss as he urges them to ‘pull together’ amid job cuts
  • New York business group sues Mamdani over city-owned grocery stores plan
  • Gold hits highest level in three months as traders worry about US inflation and bond market jitters – as it happened
  • Lego sales jump 21% to nearly £5bn, helped by World Cup and F1 ranges
  • Meta goes on trial as Silicon Valley faces a growing backlash
  • ‘The day I disclose, my career is over’: the journalist facing an $800 daily fine to keep her sources secret

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