One million more UK homeowners set to face higher mortgages
A million more homeowners face higher mortgage bills than the Bank of England had previously expected due to the impact of the Iran war.
FCA & Rules
Curry, bagels … and AI? Londoners fight plan for huge datacentre in Brick Lane
Residents and council say creating affordable housing is more urgent than ‘high-frequency trading’ in nearby City
SEC Forms New Retail Fraud Working Group
On May 13, 2026, newly appointed SEC Division of Enforcement Director David Woodcock delivered his first public remarks at the Managed Funds Association Legal & Compliance 2026 Conference in New York.…
Eldens Finance Limited enters administration
On Monday 6 July 2026, Eldens Finance Limited (Eldens) was placed into administration. Antony Batty and Hugh Jesseman of Antony Batty & Company Ltd were appointed as Joint Administrators.
Financial Policy Committee Record – July 2026
1: The Financial Policy Committee (FPC) seeks to ensure the UK financial system is prepared for, and resilient to, the wide range of risks it could face, so that it is able to absorb rather than ampli…
Banks told to improve access to basic accounts
People struggling should find it easier to access basic bank accounts, after nine banks committed to improving widespread poor practice identified by the FCA.
Fuel on the fire: why oil companies are profiting as the world gets dangerously hot
The scientific consensus is that burning fossil fuels drives the climate crisis, yet the world’s biggest oil companies are planning to increase production
UK house prices rise in June despite ‘wider economic uncertainty’ – business live
Good morning and welcome to our rolling coverage of business, the financial markets and the world economy.
Sun stoppers: seven ways to keep your home cool this summer
You can keep temperatures down without the cost – or environmental price – of air conditioning. Here’s some tips and tricks
Russian cities feel the pinch amid worsening fuel shortages
Ukraine’s drone and missile campaign on oil infrastructure has brought impact of war to citizens of Moscow and elsewhere
SEC Names Paul Knight as Chief Operating Officer
Washington, D.C.--(Newsfile Corp. - July 6, 2026) - The Securities and Exchange Commission today announced that Paul Knight has been named as the agency’s Chief Operating Officer (COO).
Scotland could freeze datacentre projects in challenge to UK’s AI strategy
The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK’s AI strategy at risk.
Philip R. Lane: AI and monetary policy
Let me begin by congratulating everyone involved in the ChaMP research network on a remarkably successful research programme: it has delivered many new insights regarding the transmission of monetary …
The Guardian view on apprenticeships: young people need help getting started at work | Editorial
Existing staff are taking too much of a fund intended for new recruits. Ministers must take charge of redirecting it
Microsoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs
Thousands of gaming jobs will be shed over the coming fiscal year as Microsoft continues to invest heavily in AI
EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid
Shares in easyJet surged nearly 10% after the airline agreed to a £5.5bn takeover at the fifth attempt, but analysts said that it showed UK firms were being bought on the cheap.
FCA publishes landmark review into impact of AI on retail financial services
The review sets out how AI could reshape retail financial services for consumers, firms, markets and regulators by 2030 and beyond.
Boost City regulator’s powers to help protect UK consumers from AI, says watchdog
Ministers have been urged to toughen the City regulator’s powers to protect consumers against the potential risks of AI, according to a landmark review.
Bank of England appoints Rhys Phillips as the new Chief Cashier
The Governor of the Bank of England, Andrew Bailey, has announced that Rhys Phillips will be the next Chief Cashier and Director of Notes. He will take up the role on 19 October 2026.
How BT’s ‘no nonsense’ first female chief helped turn company around
Since becoming BT’s first female chief executive more than two years ago the company’s share price has climbed 80%, an investor-pleasing turnaround that has seen Kirkby well-rewarded with a pay and bo…
Ocado co-founder to step down as chief executive in 2028
Online grocer says Tim Steiner will remain as CEO until December 2027 before taking on ‘founder role’ for a further year
Half of affordable new homes in rural England could be at risk if planning rules relaxed, analysis shows
Exclusive: National Housing Federation says ending quotas for developers could cost 32,000 homes over 10 years
EV charger rollout in UK slows amid political uncertainty and rise in installation costs
Growth in charge points falls markedly despite surge in number of rapid-charging units
A Place in the Sun review – subversive exposé of picture-postcard luxury in the Canary Islands
Every year, millions of tourists flock to the Canary Islands, a Spanish archipelago in the Atlantic Ocean where the sun always shines. Through static shots resembling picture postcards, Mette Carla Al…