London has lost ‘catastrophic’ 89% of car club vehicles since Zipcar exit
Only 330 car club vehicles available for rent after big provider left British market, data reveals
Economy
How baby formula recalls have mounted amid Trump staff cuts to the FDA
Multiple brands of infant formula have been recalled recently due to bacterial contamination, and experts say the Food and Drug Administration is inadequately prepared to deal with the health threat they pose in the wak…
A council housebuilding boom is central to Burnham’s vision. Can it be done?
From the front garden of the red-brick terrace where she has lived for nearly three decades, Coral McKeown, 50, points to the gleaming new council house she was supposed to move into five years ago.
New pipeline in Canada to proceed after C$150bn pledged to ease BC and First Nations concerns
The governments of Canada and the province of Alberta will move forward on a major new oil pipeline after the pair announced a plan to ease concerns of British Columbia and First Nations on the Pacific coast.
US residents angry at datacenters ‘being shoved down our throats’ are recalling officials
People across the country are pushing for moratoriums, and electeds who approve projects are being punished
Starling Bank to cut 130 jobs and boost investment in AI to reduce costs
Starling Bank has said it will cut more than 100 jobs from its workforce, as it invests more heavily in artificial intelligence to push down costs.
Oil price ‘may fall to $60 a barrel’ as voyages through the strait of Hormuz jump – business live
Voyages through the Strait of Hormuz have more than quadrupled in the past week amid growing confidence in the US and Iran’s 60-day ceasefire, the Financial Times reports .
Spyware used against MEP investigating Pegasus abuses, report finds
Researchers say Stelios Kouloglou’s device was compromised after he joined European parliamentary committee
Far from waging war on the south, Burnham could improve the lives of Londoners. Here’s how | Polly Toynbee
The right wants to paint Manchesterism in terms of north v south – but poverty everywhere is solved by prioritising the public purse over private pockets
Homes in England with kitchens that open on to the garden – in pictures
A country house and estate that has had a huge price reduction leads our round-up this week.
Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?
Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’
3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom
Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits
Christine Lagarde: Interview with Les Échos
On 11 June, the ECB raised its key interest rates. Do you still think that was the right decision, given that just ten days later Iran and the United States agreed a 60-day ceasefire?
Nigel Farage reported to standards watchdog over ‘crypto lobbying’
Commissioner asked to investigate Reform UK leader after private meeting with Bank of England governor
Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.
The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:
Piero Cipollone: The digital transformation of money, payments and finance
For centuries, central banks have issued money and safeguarded its value. That mandate has not changed.
Conflicts of interest? Trump only has one interest: himself | Robert Reich
The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folks
FCA ordered to partly suspend car finance compensation scheme
Court orders financial watchdog to halt parts of £9.1bn scheme until challenges are heard, delaying payouts
Defra breached law when it let farmers use bee-killing pesticide, watchdog says
Office for Environmental Protection finds failures by department when it granted emergency authorisation in 2023 and 2024
US employers added just 57,000 new jobs in June, lower than expected
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declines
Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
European Commission invites air industry to urgent meeting to discuss concerns over new entry and exit system
Pension firms must do more for customers in older pensions and fund savings
The FCA has found that people holding legacy pension products, now closed to new savers, could be receiving poorer value than those in newer ones.
Fans in short supply as next UK heatwave approaches, says Currys
Retailer says sharp rise in fan sales over the latest heatwave weekend left stores scrambling to source stock