Loan ‘irregularities’ led to collapse of Prax Lindsey oil refinery
Administrator was appointed after parent company State Oil given new information about £783m loan
Frank Strang obituary
Entrepreneur who overcame the odds to realise his vision of a spaceport in the Shetland Islands
Ministers line up plan to run Liberty Steel’s South Yorkshire plants in administration
Court is shown proposal to secure operations of SSUK, which employs 1,450 people
Trump calls on Federal Reserve governor Lisa Cook to resign, renewing attack on central bank
Ally of the president has accused the first Black woman to sit on the central bank’s board of mortgage fraud
Airbus workers vote to strike for 10 days next month in pay dispute
Unite says stoppages at Broughton and Filton factories could disrupt production of wings and delay deliveries
FTSE 100 hits record high; ministers prepare special administration for Yorkshire steel plants – as it happened
UK inflation accelerates more than expected to 3.8%, highest since early 2024
‘Past mistakes must be avoided’: anxiety as Labour eyes public-private funding for NHS
Decision on neighbourhood health centres expected in autumn but approach divides policy experts
Target CEO steps down as company faces weak sales and customer boycott
Brian Cornell to be replaced next year as retailer navigates boycott over its scaling back of DEI initiatives
CrossCountry passengers face strike disruption on bank holiday weekend
RMT action over pay and conditions means no services on Saturday and reduced rail timetable on Monday
Rail fares in England on path to rise by 5.8% next year on back of inflation data
Concern among passengers as index reading that dictates regulated ticket prices comes in higher than forecast
AI doom, nature laws and solving the housing problem: five takeaways from day two of economic reform roundtable
Jim Chalmers says ‘a useful consensus’ is emerging in several key reform areas
Hate your job? How to have more fun at work – from ‘thin-slicing’ your joy to expressing your personality
Forget productivity! Author and consultant Bree Groff believes the true sign of a successful workplace is how much fun the employees are having. Is this the answer to post-Covid burnout and disengagement?
Reeves considering tax on high-value homes to help plug hole in finances
Reported plans could raise up to £40bn while preserving pledge not to raise income tax, VAT or national insurance
UK inflation rises by more than expected to 3.8% amid higher food prices
Fuel and air fares also pushed up annual July rate, making interest rate cuts less likely this year
Wednesday briefing: Is Rachel Reeves about to overhaul the dreaded council tax?
In today’s newsletter: The local tax remains based on property values from 1991. Now, with services stretched, ministers face the near-impossible task of rewriting the rules