Shetland councillors back plans to build tunnels to link some of largest islands
Financing options to be investigated for first two subsea projects that would link Mainland with Yell and Unst
US treasury secretary warns oil and gas companies to lower prices: ‘We’re watching’
Scott Bessent says he ‘encourages them to be good actors’ after Trump ranted about prices not dropping fast enough
UK disposable incomes squeezed by price rises and tax changes
ONS confirms 0.6% GDP growth in first quarter, with services, production and construction sectors expanding
EU halves duty-free steel quota but UK and other partners given better rate
Thirteen countries with a free trade agreement with Brussels have their quota reduced by just one-third
Telegraph’s £575m takeover by German group completed
Acquisition by Axel Springer ends three years of uncertainty over ownership of 171-year-old titles
Nigel Farage received £270,000 from gold marketer he promotes
Reform UK leader’s Direct Bullion payment is double his fee from 2025
UK government ‘minded to intervene’ in Paramount’s takeover of Warner Bros Discovery – as it happened
Lisa Nandy, Secretary of State for Culture, cites need for sufficient plurality of views in news media
UK watchdog plans to break Apple and Google’s ‘effective duopoly’ on mobile app stores
CMA says developers should be able to steer users away from app stores for payments to increase competition
Trains disrupted on UK’s busiest intercity line as cows wander on to tracks
London to Manchester among routes affected after cows blocked west coast mainline for more than three hours
Number of billionaires globally soars by 13% amid AI shares boom
Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS finds
Hospitality VAT cut: can it help the sector and at what cost to UK taxpayer?
Drop to 10% for pubs and eateries would be in line with most of Europe, but critics say it favours multinationals
UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery
Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and competition
UK housebuilders face class action suit over alleged collusion to inflate prices
Law firms seek up to £4.5bn on behalf of 700,000 buyers of new-build homes
Doubt that Elon Musk ‘earned’ his trillion? Rightwing media says you’re in an ‘impotent envy cult’
The lovefest from Musk’s conservative fans completely overlooks the unscrupulous tactics behind his immense wealth
Sainsbury’s chief says grocery inflation not as bad as feared so far
Supermarket has lifted sales with Aldi price match, and has benefited from hot weather and World Cup matches