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Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war

National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the war

Car finance payouts could be delayed by years over legal challenges, says FCA

Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdog

Push to regulate bailiffs in England and Wales too slow, warns supervisory body

A year after government pledge to regulate sector, ECB criticises ‘lack of visible progress’ and ‘no clear plan’

UK companies opting to hire temporary workers over permanent staff, recruitment firms say

Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitment

Aviva detects record £230m in bogus insurance claims as use of AI rises

Insurer found 18,400 suspect claims last year with some scammers using AI to fake accident scenes and documents

Cloned sites: the shopping scams that lead ChatGPT to fake stores

Buyers are ripped off after assuming online stores were genuine because they are recommended by an AI tool

Personal loans booming as cost of living drives Australians to borrow record amounts

National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March

SpaceX IPO: how can I buy shares, and what are the risks?

Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsides

‘I’m down to one option’: bank customers left frustrated by latest closures

Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street services

Mamdani’s consumer watchdog takes on ‘epidemic of corporate lawbreaking’

New York City’s new commissioner of consumer and worker protection is launching an “aggressive” campaign to fight junk fees and deceptive practices

UK house prices fall for third successive month amid Iran war uncertainty

Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender Halifax

UK shoppers return to high street as warm weather brings respite from shadow of war

British Retail Consortium figures show footfall rose in May, with consumer confidence improving after spending squeeze

‘Happiness is not just about GDP’: ambitious plan or utopia?

Some will question its credibility – but the alternative future to the one imagined in the Global Justice Report is far more bleak

City & Guilds faces legal and industrial action over plans to cut hundreds of jobs

New crisis at former vocational charity involves alleged withholding of data and breaching redundancy laws

Lloyds customers unable to make payments due to IT glitch

Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland apps

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  • Oil prices rise after fresh US strikes on Iran and return of sanctions on Tehran – business live
  • Virgin Media fined record £28m for stopping customers cancelling contracts
  • UK housebuilders have far too much power. Now a £4.5bn lawsuit could change that for good
  • The Telstra outage is a stark reminder of the widespread effects of single system failures
  • Britons to buy 8m mini fans this year – but almost half will end up in landfill
  • Almost no progress made on UK regional household income divide in 30 years, report finds
  • ‘More public control’: what will Burnham do about water and energy?
  • Telstra outage: Telco apologises for major time-keeping issue that hit mobiles, trains and triple-zero calls
  • Revealed: Farage’s £5m gift reported to UK crime agency over money laundering concerns
  • EasyJet’s board has surrendered too easily to US bidder
  • Hundreds of jobs at risk as John Lewis announces closure of in-store services
  • Recession off the cards but Australia faces dreary outlook, economists say
  • M&S invests in fridges that can cope with weather as hot as 45C
  • Bank of England plans to ease capital rules despite AI stability fears
  • UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz – as it happened
  • Burnham urged to ditch ‘dangerous’ UK-US NHS drug deal
  • Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
  • EU rejects suspending biometric border controls despite 20 ‘difficult spots’
  • Half of Americans struggle to afford groceries and gas, exclusive poll finds
  • Thames Water creditors ‘will bid for company even if it is nationalised’
  • UK house prices rise for first time since start of Iran war
  • Adapt or die: the Australian live music lovers trying to reinvent an ‘ancient’ and ‘unviable’ industry
  • Streaming storm made ITV sharing a roof with Sky sadly inevitable
  • EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid
  • Higher-earning Australians flocking to 5% first home deposit scheme, with some borrowers earning over $200,000
  • Trump rings New York Stock Exchange bell to mark first trading day for ‘Trump accounts’
  • Sky owner strikes £1.6bn ITV deal; easyJet shares hit four-year high after it agrees £5.5bn takeover ‘in principle’ – as it happened
  • GB News co-owner ‘cashing in on climate chaos’ after leap in fossil fuel investments, critics say
  • ‘They had hyped us up so much’: Seattle businesses near World Cup stadium report declining sales
  • Wegovy weight-loss pill goes on sale on UK high street and online pharmacies

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