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Reddit shares priced at $34 in largest IPO by social media company in years

Platform to make its debut on New York stock exchange on Thursday with a market value of $6.4bn

First it was Facebook, then Twitter. Is Reddit about to become rubbish too?

Reddit’s IPO is worrying for users – big money has a nasty habit of ruining our favourite sites, says digital culture journalist Hussein Kesvani

UK politics: Jeremy Hunt hints at October election – as it happened

Chancellor says date would allow a spending review to be carried out in time for next April

UK watchdogs say they will take action against ‘threatening’ debt collectors

Joint letter from regulators targets finance and utility sectors for volume and tone of correspondence to vulnerable customers

UAE-backed Telegraph takeover group weighs up selling stake as ban looms

Potential move by RedBird IMI follows UK government plan to ban foreign state ownership of newspapers

Telegraph takeover: UK plans law to stop foreign ownership of newspapers

New legislation could thwart planned £600m purchase of media group by UAE-backed consortium

Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretary

Reddit aiming for $6.5bn valuation from New York flotation

Company plans to raise up to $748m from sale of 22m shares, some of which have been set aside for users

Profits may be down but the digital signal is improving at ITV – finally

Traditional ad revenue is suffering – but, crucially, streaming service ITVX is starting to deliver income

ITV profits plunge by 60% amid brutal advertising downturn

Slump in ad revenue outweighs record income from studio business

Mirror publisher Reach cuts sum set aside for phone-hacking payouts

High court case has clarified time limit for cases, as group reports fall in profits amid advertising slump

Hit shows such as Mr Bates could bring a dramatic improvement in ITV’s fortunes

With results due this week in a sinking ad market, the show was a timely reminder of what broadcast TV can do

ITV sells stake in Britbox International to BBC Studios for £255m

Commercial broadcaster’s sell-off will help fund share buyback and expansion of ITVX

Virgin Media O2 clients hit with 8.8% price rises or crippling exit fees

Increase is biggest hike in percentage terms of any major broadband or mobile firm this year

BuzzFeed plans to lay off 16% of employees after selling Complex

Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructure

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  • London mayor to override opposition to outdoor dining in Soho next summer
  • Pause HS2 reset until you are confident it can be delivered, NAO tells ministers
  • Andy Burnham to pledge ‘good growth in every postcode’ in devolution plan
  • Sky makes £2bn spending pledge as it prepares takeover of ITV broadcasting arm
  • Sir Geoffrey Whalen obituary
  • ‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity
  • Nurseries, vets and shops: the sectors where private equity plays a big role
  • ‘Treating children like cattle’: what happens when private equity takes over a UK care home?
  • Lucy Powell agrees Ed Miliband would be ‘good’ as Andy Burnham’s chancellor
  • Feeling bored and disconnected from your job? You may be facing workplace ‘rust-out’
  • Ministers urged to curb energy costs as Great British homes face 13% bill surge
  • ‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
  • Spirit airlines is dead and a bus travel boom looks likely – but will Greyhounds ever be cool again?
  • Ed Miliband as chancellor would benefit every part of the UK – and the bond markets
  • When it comes to taxing the super rich, there’s no need to reinvent the wheel
  • Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’
  • Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy
  • Will Andy Burnham ‘go big’ in expanding the role of the state?
  • Lost your crypto access code? Be wary, there‘s a scam for that too
  • Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them
  • Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have been done?
  • The AI bubble has further to run despite the looming crash
  • Trump threatens 100% tariff on European countries that impose digital tax
  • Here’s what to do if your StubHub World Cup resale ticket is canceled
  • Parents booking air-conditioned hotels to keep babies safe in UK heatwave
  • Reporter urges US supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says

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