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Patagonia sues drag queen Pattie Gonia for trademark infringement

Outdoor clothing company is suing US environmentalist drag performer for $1 plus legal fees, claiming ‘we wish we didn’t have to do this’

Number of young people out of work or training in UK could hit 1.25m by early 2030s

Urgent action needed to avoid ‘lost generation’, says report by former Labour health secretary Alan Milburn

Trump administration has paid $20bn in tariff refunds, with $65bn more to come

Refunds came after the supreme court ruled Trump overstepped his authority in enacting sweeping tariffs

Why is Ferrari facing such a backlash to its first electric car?

The Italian marque has broken with the past with its four-door, €550,000 Luce and traditionalists are furious

60 Minutes journalist accuses CBS News of penalizing her after contract not renewed

Sharyn Alfonsi confirms contract expiration after decrying network over ‘the spread of corporate meddling’ last month

Manchester United take £22m hit from sacking of Ruben Amorim

On-pitch performance and cost-cutting help to halve pre-tax losses to £18m in the first nine months of the year

Australians with disabilities copped the biggest cuts in the budget. Yet conservative media’s heart bleeds only for the wealthy

The reaction to the budget has revealed Australia’s warped priorities, with the appalling inequality in dental care among the issues actively ignored

Oil price drops as Iran state media releases detail of draft peace deal with US – as it happened

Rolling coverage of the latest economic and financial news

UK heatwave triggers price rises for hot tubs and air conditioning units

Of 11 seasonal items in Guardian price comparison, six hit highest price in last three months, with some nearly doubling in price in last week

Tony Blair is strong on diagnosis, deluded on prescription: Britain’s ills can’t be fixed by him

The former PM’s essay rightly calls for a coherent economic plan, but then sets too much store by AI – and a worldview stuck in the past, says Guardian columnist Larry Elliott

Samsung memory chip staff in line for £310,000 bonuses after AI profit-sharing deal

Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club

Energy price cap in Great Britain to rise by 13% from July

Average gas and electricity bill to jump to £1,862 a year from July until end of September, in part because of Iran war

Flying Tiger snapped up by Modella Capital amid fears for its future

UK private equity investor with reputation for hard-nosed restructuring says it is backing existing management

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’

Lidl overtakes Morrisons to become fifth largest supermarket in Great Britain

German-owned discounter’s sales rise 8.8% year on year as households seek ways to keep bills down

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  • Burnham urged to crack down on gig economy firms to protect 4m workers
  • A positive new report raises the question: was Reeves undermined by dodgy data?
  • University spinout to launch water quality app for UK and US waters
  • New UK cost of living crisis looms with soaring energy bills forecast to lift inflation
  • From tourism to power generation and productivity, Europe feels economic cost of heatwaves
  • Delivery drivers will get minimum wage in Australia’s ‘world-first’ deal. Is it fair – and will Uber Eats cost more?
  • ‘Strategic change and grasping nettles’: where now for John Lewis as boss exits?
  • UK’s biggest EV battery gigafactory shelves expansion as Jaguar Land Rover talks stall
  • Donald Trump doesn’t just love billionaires, he loves multimillionaires too
  • ‘I don’t even drink whisky’: Scotland reels in visitors as much of Europe swelters
  • Secondhand booksellers in UK and Ireland suspect AI firms behind ‘strange’ bulk orders
  • ‘A tax on being thin’: only high earners make overall savings on food bills from weight-loss drugs
  • Burnham criticised for EV and North Sea approach amid climate crisis
  • US long-term borrowing costs hit 25-year high; weakening of UK’s EV sales targets criticised – as it happened
  • Thames Water plans to restart desalination plant – after drought has ended
  • Milk, wine, salad: how your food will be affected by the summer of heat
  • BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
  • As online dating goes into ‘salvage mode’, can AI solve all its problems?
  • US firms that kept DEI policies despite ‘go woke, go broke’ threats thrived
  • Ryanair window that passenger was partly sucked out of was broken by engine debris, report finds
  • Tougher crops and beaver dams: how UK farmers are tackling drought
  • Searches for UK homes with air conditioning more than double
  • BAE Systems to pay $36m penalty after 104 violations of US arms export rules
  • Water customers are not a ‘blank cheque’, Burnham tells suppliers
  • Energy nationalism and interconnectors: the next power threat?
  • Ukraine ‘offering Russia deal to halt attacks on civilian ships in Black Sea’
  • Edinburgh international film festival showcases a Scottish industry in rude health
  • Sports Direct owner Mike Ashley buys Harvey Nichols
  • Jack Crabtree obituary
  • Tesla paid Elon Musk 2.5m times more as CEO than its average worker in 2025

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