The main takeaways from Elon Musk’s plans for $1.75tn SpaceX flotation

Prospectus for tycoon’s sprawling empire reveals his plan to keep control – and ambition to colonise Mars

Britain’s politicians need to worry less about the bond markets – and more about the Bank of England

A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative change, says academic Daniela Gabor

Blind UK pop producer to take legal action over alleged lack of support at work after surgery

Disability rights campaigner Robin Millar reveals he is taking owners of music business he founded to a tribunal

UK service sector activity slumps in one of sharpest declines for a decade

Firms hit by ‘perfect storm’ of uncertainty about Labour leadership and impact of Iran war

EasyJet summer holiday bookings down on last year amid Iran war uncertainty

Airline, which took £25m hit on jet fuel in March, says passengers are waiting later to book trips

Wes Streeting calls for equal tax on income and capital gains in Labour leadership pitch

MP says current system is unfair and his idea would result in a ‘wealth tax that works’

Australia’s unemployment rate jumps to 4.5% with markets slashing chance of more interest rate hikes

Surprise rise in jobless rate will give Reserve Bank more reason to delay another interest rate hike at June meeting

Schools are ‘pipeline’ to joblessness for many people, says ex-Labour adviser

Ban social media and reform education to tackle scandal of young people not in work or study, says Peter Hyman

‘Aramco is selling our sweat and blood’: workers in World Cup sponsor’s supply chain faced safety risks, report finds

FairSquare report claims migrant workers injured in Saudi Arabia received no compensation, including one who says his legs were crushed

‘Give every item a long life’: Vinted boss on how the site is moving beyond fashion

Having shaken up UK clothes retail, the secondhand marketplace is pushing into phones and cameras – and even books

Manchester shows biggest fall in inner-city deprivation in boost for Burnham

City made outsized contribution to falling levels of deprivation between 2010 and 2025, thinktank finds

SpaceX reveals plan for $1.75tn stock market debut that could make Musk a trillionaire

Elon Musk’s rocket and satellite operations company, with extensive contracts with US, to go public next month

Nvidia’s revenue blows past Wall Street expectations as AI boom accelerates

Many analysts view company’s financial performance as a broader referendum on AI buildout

Reeves to promise free summer bus rides for children and food tariff cuts in living costs package

Chancellor launches ‘Great British summer savings scheme’ after Keir Starmer postpones fuel duty increase Planned fuel duty rise to be scrapped, says Keir Starmer

Starbucks does not recycle plastic cups it claims are ‘widely recyclable’, report says

Watchdog group glued trackers to 53 of the chain’s cups across nine states and found none ended up at a recycling facility