Burnham announces £65m for drought-hit farmers after Labour pressure
Farmers must not carry the risks of the climate crisis alone, Andy Burnham has said, as he announced £65m of funding to help them manage the devastating drought.
FCA & Rules
Thames Water plans to restart desalination plant – after drought has ended
Thames Water is preparing the UK’s only desalination plant to restart operations later this year – but it will not be ready until the winter, long after the current drought is likely to have passed.
Milk, wine, salad: how your food will be affected by the summer of heat
As parts of the UK swelter through a fifth successive climate crisis-driven heatwave and nearly three-quarters of England remains in drought, how are six homegrown products faring?
Andy Burnham moves to cut new EV sales targets
Andy Burnham’s government has said it will look at cutting electric vehicle sales targets, in proposals that could add millions of tonnes a year to the UK’s carbon dioxide emissions.
Train derails near Essex town of Wickford
A train has derailed in Essex, less than 24 hours after two people were seriously injured in a similar incident in East Sussex.
US firms that kept DEI policies despite ‘go woke, go broke’ threats thrived
Exclusive: Companies that kept policies did just as well financially, even after Trump’s executive order, as those that didn’t
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP has answered Donald Trump’s call for oil companies to help rebuild Venezuela’s fossil fuel industry with new plans to develop a large offshore gasfield.
CEO banned for false and misleading statements made in attempt to buy bank and football club
Paul Taylor, former CEO of Blue Horizon Asset Management (BHAM) has been fined £489,000 and banned from working in financial services by the FCA.
Eurozone economy estimated to have grown by 0.4% in second quarter - Eurostat
Spain grew at 0.7% in the second quarter of 2026 — three and a half times the rate of Germany, France, and Italy combined — and the gap has a structural explanation: Spain generates more than half its…
Standards watchdog resumes investigation into Nigel Farage over financial gifts
Reform UK leader’s return to Clacton restarts inquiry into £5m gift from cyrpto-billionaire and support from fraudster
Engine parts shattered Ryanair window that passenger was partly sucked out of, report says
Preliminary findings show fan blade broke off shortly after takeoff on 10 July flight from Greece to Germany
Tougher crops and beaver dams: how UK farmers are tackling drought
Hit by heatwaves and low rainfall, food producers are finding novel solutions to help crops and cattle survive
Searches for UK homes with air conditioning more than double
Most owners would consider installing aircon as heatwaves lead buyers to focus on ability to stay cool, Rightmove says
SEC Charges Toms River Trio in Connection with Alleged $47 Million Fraud Targeting Orthodox Jewish Communities
The Securities and Exchange Commission today charged three Toms River, New Jersey residents for their roles in an affinity investment fraud that misappropriated approximately $47 million from more tha…
Unemployed young people to join AI boot camps to get job-ready
Young people out of work or at risk of unemployment in the UK are to join “AI boot camps” where they harness the technology to get a foothold in the workplace.
Water customers are not a ‘blank cheque’, Burnham tells suppliers
Companies in England and Wales get green light for extra spending that will add billions to bills
BAE Systems to pay $36m penalty after 104 violations of US arms export rules
State department says it has reached administrative settlement with company’s US arm to resolve breaches
Tesla paid Elon Musk 2.5m times more as CEO than its average worker in 2025
Tech billionaire’s $158.3bn deal an outlier in report showing widening gap of CEO to worker pay at top companies
Federal Reserve Board issues enforcement action with former employee of Regions Bank
ICLG - Anti Money Laundering covers issues including criminal enforcement, regulatory and administrative enforcement and requirements for financial institutions and other designated businesses – in 16…
USS George Washington heads to Middle East after record 265-day Lincoln deployment
WASHINGTON (AP) — The world's largest aircraft carrier, the USS Gerald R. Ford, broke the U.S. record Wednesday for the longest post-Vietnam War deployment, a nearly 10-month span that saw it take par…
T+1 Settlement: are firms ready for 2027?
The UK’s move to a T+1 securities settlement cycle on 11 October 2027 is a fundamental shift in how securities transactions are settled.
Sports Direct owner buys Harvey Nichols department store chain
The owner of Sports Direct has bought Harvey Nichols out of administration after the upmarket department store chain warned it could run out of money if it did not find new funding.
Cash remains most widely accepted payment method in euro area
According to the latest survey on the use of cash by companies in the euro area published today by the European Central Bank, cash acceptance has rebounded slightly.
UK economy grows by 0.4% in second quarter as some businesses helped by World Cup and hot weather – business live
Across Europe stock markets are mostly doing better than the FTSE 100 in London.