US drugmaker Merck scraps £1bn London research centre and cuts 125 science jobs New blow to UK’s key life science sector as industry body says country is losing ground on investment and research
Camra cancels Britain’s biggest beer festival next year amid ‘budget shortfalls’ Great British Beer Festival called off as real ale enthusiasts’ group reports rising costs and stagnant membership
Primark owner’s boss warns Reeves not to give consumer sentiment ‘another great whack’ in budget George Weston, CEO at ABF, also said food price inflation had peaked and would now start to ease
Trump asks EU to impose tariffs of up to 100% on India and China In effort to end Russia’s war in Ukraine, US president proposes tariffs targeting Putin allies and trade partners
US job seekers: what is it like to be looking for work right now? We’d like to hear from US job seekers how their search for a new position has been going, as well as from employees who decided to stay put, and why
Rachel Reeves tells private equity bosses she plans to shut down more regulators Chancellor stopped short of saying which regulators were in government’s crosshairs
Trump reportedly asks EU to levy 100% tariffs on India and China; Ozempic maker Novo to cut 9,000 jobs – as it happened US president wants to up pressure on Russia to end war in Ukraine
Wegovy maker Novo Nordisk to cut 9,000 jobs amid increased competition Danish manufacturer of weight-loss and diabetes drugs under pressure from US rival Eli Lilly
LNER urges customers to be vigilant after passenger details accessed in cyber-attack Data breach at third-party supplier involves contact details and some information about previous journeys
Jaguar Land Rover says cyber-attack has affected ‘some data’ Carmaker has informed relevant regulators and ‘will contact anyone as appropriate’ as investigation progresses
Starmer tightens grip on economic policy by strengthening autumn ‘budget board’ Key figures from No 10 and No 11 appointed to group include Torsten Bell, new economic adviser Minouche Shafik and comms chief Tim Allan
Housebuilder Vistry’s profits more than halve amid economic uncertainty Fall to £40.9m in first six months of year pushes share price down, with order book lower than year ago
What do you call Elon Musk’s trillion-dollar pay deal? Obscene Tesla’s board is dangling a gargantuan payout in front of its chief. Is it a manipulative ploy or a desperate stunt?
UK contactless payments could go above £100 or become unlimited Financial watchdog says proposals to allow providers to set own limits would be more convenient for shoppers
Vodafone launches fourth inquiry into franchising division amid £120m lawsuit Telecoms firm understood to have offered settlements to some franchisees outside high court claim as fresh inquiry begins