Virgin Trains a step closer to running services to Europe in blow to Eurostar
Operator granted UK track access for as many as 20 daily return trains to Paris, Brussels and Amsterdam from 2030
European farmers face ‘unprecedented crisis’ after successive heatwaves
Vegetable and grain growers call for urgent action, warning of ‘catastrophic’ harvests due to continent-wide drought
US gas prices reach highest ever recorded for August amid stalled talks with Iran
Energy prices have been high since the US-Israel war with Iran began and the strait of Hormuz was blocked
China’s economy showing signs that slowdown may be extending
Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates ever
Leading economies’ borrowing costs hit highest since 2008 crisis
Concern over impact of Iran war pushes up government bond yields in US, UK, France, Germany and Japan
Alarm raised over ‘privacy dilemma’ of facial recognition technology at Coles and Woolworths
Supermarkets say they are exploring ways to keep people safe, but experts claim the tech is ‘normalising surveillance’
Government borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened
British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reports
UK government ‘irresponsible’ for not publishing emergency drought plans
Campaigners demand greater transparency into water companies’ plans not made public due to ‘security reasons’
Sainsbury’s store pauses AI scanning after false shoplifting accusation
Supermarket chain says ‘human error’, not its Facewatch technology, to blame for ejecting a customer
JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks
Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in City
Thom Yorke, Romy and Brian Eno among 200 musicians urging PM to reject new North Sea drilling
Robert Smith, Olly Alexander and Paris Paloma also among signatories to letter saying exploitation of Rosebank and Jackdaw fields defies climate reality
Are Microsoft’s AI plans being held back by a shortage of chips?
Guardian investigation finds apparent discrepancy between what tech company has said about its AI capacity – and the number of advanced chips it has in operation
Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month
Fierce competition in some areas of London means landlord purchasers are making successful lowball offers
Summer jobs bounce back in UK thanks to busy calendar of sport and music
Industry tracker finds ‘exceptionally warm weather’ has helped boost job listings in hospitality and tourism sector
Water companies in England and Wales explore ‘surge pricing’ during drought
Suppliers could factor water scarcity into charges as part of Ofwat proposal to reduce consumption