Plan to ban ‘private equity sharks’ from social care dropped, Wes Streeting says Exclusive: Ex-minister accuses Labour of ‘overcautiousness’ and says his proposal was cut from manifesto
Weather more important to sales than World Cup, says Tesco as growth slows Strong sales of canned cocktails and Irn-Bru help retailer beat forecasts – and sunshine made people spend
Dubai property sales have fallen ‘off a cliff’ since start of Middle East war Sellers of luxury villas have wiped tens of millions of pounds off asking prices, with sales down 19% in May from the previous month
Rejoining customs union would not fix damage caused by Brexit, research finds Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market
NHS patients face worst drug shortages on record, say pharmacists and GPs Supply problems pose risk to health, with common painkillers, epilepsy medication and HRT affected
Qantas delays nonstop flights from Sydney to London – again Problematic history of airline’s Project Sunrise continues, with scheduled start date pushed back to October 2027
Federal Reserve holds rates steady but signals possible hike before year’s end Open markets committee says ‘economic activity is expanding at a solid pace’ in first meeting under new chair Kevin Warsh
The bleak view that unemployment needs to rise shows the RBA acts firstly in the interests of companies, not workers The Reserve Bank governor has made clear the cash rate has been increased not to reduce inflation but to make it harder to bargain for higher wages
Legislation proposed to stop lawsuits used to silence journalists and whistleblowers Private members’ bills to crack down on use of Slapps are likely to attract cross-party support
UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – as it happened Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese
Jaguar Land Rover to make more hybrid cars in US sales push Drive to appeal to wealthy Americans is part of pivot away from previously announced all-electric strategy
AO boss blames Labour as it shifts UK call centre roles abroad About 150 jobs have already been lost in Bolton as the retailer reports 145% rise in profits and hands £20m to shareholders
Real estate event in London ‘advertised sale of land in illegal Israeli settlements’ Pamphlets from event featured projects in West Bank and East Jerusalem despite previous denials by organisers
Lululemon apologises after Japanese drum row at Great Wall yoga event Online uproar follows Canadian brand’s use of taiko drum at sponsored festival held to celebrate Chinese culture
Surprisingly benign UK inflation data signals a softer Iran war hit than feared Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc