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Burberry boss could earn up to £12.2m under new bonus scheme as company rolls back climate goals

Company, which paid boss Joshua Schulman £4m in year to March, becomes latest to extend deadline to become carbon neutral

EU fines Temu for failing to stop sale of illegal and dangerous products

European Commission finds shoppers on Chinese website very likely to find unsafe items and imposes €200m penalty

UK heatwave triggers price rises for hot tubs and air conditioning units

Of 11 seasonal items in Guardian price comparison, six hit highest price in last three months, with some nearly doubling in price in last week

Flying Tiger snapped up by Modella Capital amid fears for its future

UK private equity investor with reputation for hard-nosed restructuring says it is backing existing management

Lidl overtakes Morrisons to become fifth largest supermarket in Great Britain

German-owned discounter’s sales rise 8.8% year on year as households seek ways to keep bills down

Next boss warns over ‘dramatic fall’ in UK entry-level jobs

Peer’s comments come as Milburn report is likely to find government has failed to tackle youth unemployment

B&Q blames sales dip on wet Easter but predicts heatwave gain

DIY chain owner Kingfisher is top FTSE 100 riser as it sticks to full-year profit outlook

NS&I failures pile on the agony for bereaved families chasing missing premium bonds

Errors and delays in tracing accounts at the trusted savings institution have compounded the stress of relatives losing loved ones

UK consumers likely to face higher prices ‘for many months to come’

Data shows even if Iran war ends, shop price inflation on rise, while only 16% of firms left unscathed by conflict

Rise in shoplifting and theft in UK finds nine in 10 retailers in rural areas targeted

Exclusive: Research shows cost of crime for each affected business was on average £83,000 in past year

Squeals of horror over price caps – but how are we going to fix our broken food system?

Global events and the climate crisis have left Britain’s food system dangerously exposed and in desperate need of an overhaul

Designer sues Australian Shopify over alleged ghost stores he claims copied his work 3,929 times

Court action represents rare attempt to hold global platforms to account for allegedly hosting scam digital shopfronts

Is Cornwall’s newest high street an inspiring model, or a threat to nearby Newquay?

Some locals fear Nansledan, touted as a blueprint for community-focused retail, is draining life from the town next door

Five toys on sale in Britain found to contain asbestos in tests for Guardian

Discovery adds to fears about UK safety regime and exposes regulatory gaps as similar items were banned in Netherlands

Estée Lauder ends merger talks with Gaultier owner Puig

Key sticking point to building beauty powerhouse was level compensation demanded by Charlotte Tilbury

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  • Burnham pledges extra £210m towards regenerating boarded-up high streets
  • The Guardian view on Trump and Xi: a show of friendship, but no real attempt to address the tensions
  • Healey appoints Labour manifesto writer, adding to election speculation
  • White House television pool resumes after banned news outlets regain access
  • ‘Major milestone’: TfL to launch new public bus operator in London
  • Iran war drives UK diesel price to near record high, and makes interest rate rise ‘hard to avoid’ – as it happened
  • Revealed: the undisclosed safety data emerging as weedkiller maker faces Parkinson’s lawsuits in US
  • ‘Your body fights to stay cool’: workers toil in record heat as federal rule frozen
  • David Beckham takes £39m dividend as World Cup deals drive record profits
  • TalkTalk races to sell consumer and broadband arms as administration looms
  • Andy Burnham talks about ‘public control’ of the utilities but it’s a minefield. We can lead him through it
  • ‘Devastating’: council rejects Frome residents’ bid for regeneration project
  • Capital gains tax: how it works, and the pros and cons of another rise
  • CNN and MS Now journalists denied access to White House state dinner despite court ruling
  • UK food and drink trade deficit largest since 2000 at £21bn
  • France says EU’s ‘Made in Europe’ law should not include the UK
  • Launch of UK’s ‘largest AI supercomputer’ delayed by power supply problems
  • US mortgage rates top 7% for first time in 20 months
  • Vistry is the laggard in a housebuilding sector full of cracks
  • UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – as it happened
  • Reported assaults on Great Britain’s railways rise by fifth in a year
  • EU says Trump’s plan to ban US diesel exports would ‘negatively impact both sides’
  • Price hikes, ads and lower quality: has ‘streamflation’ ruined the TV experience?
  • ‘Eat the rich, save the planet’: climate protesters call out big tech’s disconnect from reality
  • ‘You can’t just bet everything on exports’: as its gas runs out, is Bolivia doomed to repeat history?
  • Oil price rise creates more pressure on UK policymakers before budget
  • Tell us: do you enjoy listening to music on CDs?
  • JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op
  • Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
  • From idealists to struggling sceptics: how Labour’s majority depends on five progressive voter types – in charts

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