Oil price rises above $95 mark as Middle East conflict escalates
The price of oil has breached the $95 a barrel mark for the first time in six weeks as the escalating Middle E…
Regulation
Harry Potter publisher to receive millions in Anthropic copyright settlement
The publisher of Harry Potter has received a multimillion-pound payout as a beneficiary of a $1.5bn (£1.12bn) …
Former Southern Water employees to face trial over alleged cover-up in wastewater testing
Britain’s Environment Agency (EA) is bringing a fraud case against four former Southern Water employees, i…
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Amazon founder Jeff Bezos in talks to join consortium seeking 30% stake in Liverpool
Amazon founder Jeff Bezos has held talks about joining the consortium that is seeking to buy around 30% of Liv…
Lloyd’s of London says ex-boss’s ‘close relationship’ breached compliance rules
Lloyd’s of London has ruled that its former boss John Neal breached compliance rules by failing to disclose a …
Anthropic to support FCA’s Supercharged Sandbox
Anthropic will support the second group of firms in the FCA's Supercharged Sandbox.
Arrests and searches made as part of a fraud and money laundering investigation
Four people have been arrested and search warrants executed in Hackney, Beckenham and Slough as part of a FCA …
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Wetherspoon’s issues fourth profit warning in seven months
JD Wetherspoon has issued its fourth profit warning in seven months, with the pub chain blaming worse-than-exp…
PRA consults on updated guidance for friendly society amalgamations and transfers
Financial mutuals play an important role in the UK financial services sector, and the PRA is committed to supp…
Norway’s national oil company profits double to $11.5bn amid war on Iran
Profits at Norway’s state oil company nearly doubled to $11.5bn (£8.6bn) in the three months to the end of Jun…
OpenAI says its models went rogue and hacked startup in ‘unprecedented incident’
OpenAI has revealed an autonomous AI agent powered by its technology went rogue during a test, accessed the op…
Burnham announces bus fares across England to be capped at £2
Single bus fares across England will be capped at £2 from January, Andy Burnham has announced, as he continues…
UK inflation falls to 2.6% in lift for Burnham’s cost of living plans
UK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the …
World’s largest meat company faces legal challenge over green credentials of $6bn global expansion
The world’s biggest meat company, JBS, faces a landmark legal challenge to disclose how its $6bn (£4.5bn) glob…
‘Risking blackouts’? How Great Britain’s grid operator was dragged into a political row
In a control room in Wokingham, Berkshire, staff work around the clock, minute by minute, to align Great Brita…
Trump must divulge financial details about businesses in $10bn BBC lawsuit
Donald Trump must divulge detailed financial information from his many businesses as part of his $10bn defamat…
CLARITY Act could help CFTC deal with prediction markets: Lawyer
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC t…
Andy Burnham implores cabinet to examine ‘all possible ways’ to tackle cost of living crisis
As new prime minister briefs cabinet on ‘cost of living government’, critics ask where money will come from
France becomes first EU country to ban social media access for under-15s
France’s parliament has approved a bill banning social media access for children under 15, making it the first…
‘The explosion is what I remember’: man nearly sucked out of Ryanair plane recounts ordeal
It is the explosion just before he was nearly sucked out of the aircraft that Ljubisa Karović remembers. The t…
Fiscal hawk or big spender – what kind of chancellor will John Healey be?
On the frequent occasions that John Healey would travel abroad as defence secretary, he was so determined to k…
Airbus to test folding wings for next generation of bestselling planes
Such technology solves problem of longer, thinner, energy-saving wings not fitting in airports around the worl…
Houthis threaten to attack shipping tankers if they use Saudi Arabian ports on Red Sea
Warning to shipping companies, on top of Iran’s chokehold on strait of Hormuz, may severely affect Saudi oil e…
Where will Andy Burnham find the money to fund his spending pledges?
Andy Burnham has made lowering the cost of living his first major policy announcement in government, with an i…