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Virgin Galactic completes first commercial flight into space

Flight is milestone for space tourism venture founded by British billionaire Richard Branson, after years of setbacks

UK to gain first lithium mine in Cornwall in boost to electric car industry

British Lithium in joint venture with French mining company Imerys, aiming to extract 20,000 tonnes

UBS ‘preparing to cut more than half of inherited Credit Suisse workforce’

Between 30,000 and 35,000 staff likely to leave combined group this year, according to report

Corporate profits drove up prices last year, says ECB president

Christine Lagarde says without a shift in corporate behaviour, interest rates will need to stay higher for longer

Brexit ‘cliff edge’ poses threat to UK electric car production, warns industry chief

Head of SMMT raises concerns over tightening of trade rules from January on vehicles exported from UK to EU

He’s the world’s richest man. So why do we hear so little from Bernard Arnault?

France does not expect much in the way of philanthropy from its low-profile billionaire class. Perhaps it should, says Alexander Hurst of Sciences Po

Billionaires ‘disappointed’ after superyachts banned from Naples port

Yacht belonging to world’s second-richest man, Bernard Arnault, falls victim to new size restrictions at Italian city’s Mergellina port

It’s Brexit that cranks up inflation. Don’t just blame the Bank

Policymakers are too quick to slow the economy and risk recession when the solution is to rejoin the EU

Eni to buy oil and gas company Neptune Energy in $5bn deal

Italian company’s subsidiary, Vår Energi, will acquire Neptune’s Norwegian business for $2.3bn

Adieu Mickey Mouse: Eurostar’s shrinking ambitions seven years on from the Brexit vote

When the Channel Tunnel first opened there were visions of seamless pan-European travel from the UK. Now the Disneyland Paris route has been axed and the Amsterdam route delayed, what went wrong?

Why is inflation in the UK worse than in other major economies?

While the rate has fallen from its October peak of 11.1%, the figure for May remains stubbornly high

Ukraine lacks capacity to process huge sums in aid, official admits

Largest amount of money Kyiv previously worked with was $6bn a year in 2014, Mustafa Nayyem says

Mortgage cost rises: how other countries compare with the UK

Borrowers are protected from shocks by long-term loans in US and paternalistic approach in Europe

UK supermarket supplier’s chickens given antibiotics critical for humans

Investigation of meat sourced by Polish firm that sells frozen poultry to Lidl, Asda and Iceland raises superbug concerns

Firefighters rescue passengers from stricken train in latest Deutsche Bahn mishap

German national rail service blames malfunctioning and delays on lack of investment and staff shortages

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  • London to Chicago BA flight declares emergency after dropping 28,000 feet
  • The Guardian view on Tory economics: Britain’s future needs more than Thatcher’s past
  • Tory plan to cut energy efficiency rule for builders will cost new home owners £1,000 a year, says thinktank – as it happened
  • BT’s purchase of TalkTalk is cosy – but probably politically sensible
  • Sainsbury’s and Morrisons ‘held talks this year’ on multibillion-pound merger
  • Sainsbury’s and Morrisons held talks over potential multi-billion-pound merger, reports say – as it happened
  • Average five-year fixed mortgage rate hits 6% for first time in three years
  • UK reviewing whether to impose tariffs on Chinese car imports to align with EU
  • Euro falls to 17-month low against dollar amid French debt fears
  • Lidl GB’s sales soar by over 10%, helped by price cuts and Deluxe range
  • BT to buy broadband supplier TalkTalk in £400m rescue deal, saving 900 jobs
  • Trump’s recent statements on the economy are even more bonkers than usual
  • Coach services could be cut due to record diesel prices, UK operators warn
  • Holiday cottage company insisted on a death certificate to amend our break
  • From hotel suites to virtual reality, museums turn to licensing deals as costs rise
  • ‘I didn’t know what to do’: collapse of providers of high-end digs leaves students in shock
  • British government ‘complacent about food as a national security matter’
  • Strikes by North Sea oil workers could ‘severely disrupt’ UK fuel supplies
  • Retailers are making returns harder. A carpet seller taught me why that’s a mistake
  • Republicans say they hate communists. So why do they like Donald Trump?
  • A cargo ship, 20 crew, and a huge stash of cocaine: the seafarer imprisoned for smuggling – on no evidence
  • Burnham’s plans for social care and its workers are admirable but changes must come quickly
  • MS Now connects ‘blue dots’ at Texas fan event: ‘I always feel hope when I watch them’
  • ‘The violence is off the scale’: staff and passengers at risk as assaults on trains in Great Britain soar to record high
  • Costa’s coffee shops return to profit with iced drinks and matcha on the menu
  • Ministers explore how to stop regional leaders misusing planned new spending powers
  • UK car industry faces ‘difficult trade-off’ between Chinese and EU markets
  • Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession
  • Burnham must remember: more regulation is not the best way to improve public services
  • Tories plan to extend cuts beyond £47bn previously pledged, leak reveals

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