Global stocks rise and oil price slips amid hopes of US-Iran peace deal – as it happened

Rolling coverage of the latest economic and financial news

London tube strikes to go ahead on Tuesday and Thursday, RMT says

Two 24-hour stoppages by drivers to take place next week as part of action over proposals for four-day week

The Netherlands has the lowest rate of young people not in education, employment or training in the EU

UK’s third biggest supermarket will use tech of online grocer, which already provides support for M&S and Morrisons

Santiago Campos says he felt obligated to criticize the network’s direction, which ‘stains legacy of Mike Wallace’

OurCoop criticised by members after withholding annual profit-share payment despite soaring executive pay

Exclusive: IPPR thinktank calls for new measures to boost employees’ influence at ‘pivotal moment’ in history

Whether first-time buyers, in between homes or refixing, people tell of impact of higher mortgage rates on housing

Yates says ‘we have let ourselves down’ when dealing with allegations of client information being misused

Ex-New York Times journalist Nick Bilton to replace Tanya Simon as executive producer of the Sunday newsmagazine

Treasury secretary says banknote would celebrate US’s 250th anniversary but Democrats vow to block move in Congress

Alan Milburn’s landmark report says unemployment among young costs UK £125bn a year and warns of ‘lost generation’

London authority’s new Tory-led administration delivers significant blow to Labour’s flagship housebuilding scheme

Water company blames increased demand in extreme heat, but customers want answers about lack of storage reservoirs

Concerns among leaders in bloc that surge in imports could lead to decline similar to that of US rust belt towns