Jackdaw gasfield would create only 27 direct full-time jobs, documents show
More people can fit on to the top deck of a standard London bus than will be directly employed on the new Jackdaw gasfield in the North Sea, industry documents show.
FCA & Rules
Customers of Anthony Jones (UK) Limited urged to check their insurance policy
From 9 July 2026, the insurance broker Anthony Jones (UK) Limited (AJL) agreed to stop carrying out any regulated activity.
‘Laws were broken’: multistate effort to stop Paramount’s $111bn merger heads to court
A last-ditch effort to block the merger between Paramount Skydance and Warner Bros Discovery (WBD) is heading to court as 12 Democratic state attorneys general attempt to stop the $111bn deal they say…
Piero Cipollone: The cooperative spirit at the heart of the digital euro
Long ago, Aristotle himself noted[1] how money played an essential role in society as an instrument that made it possible to establish a relationship between all things and make them commensurate. But…
‘I don’t think I’ll ever retire’: the workers struggling to save for old age
“I am 35 and have essentially nothing saved for my future, which is a huge concern.” Sarah* works in library services in Oxford – full-time at one library and part-time at another. She has saved £5,00…
China ‘strongly dissatisfied’ with nationalisation of British Steel
China’s government has said it is “strongly dissatisfied” with the decision to nationalise British Steel this week, 15 months after the UK government stepped in to prevent the closure of its steelwork…
EU border chaos feared at Dover crossing as busiest summer weekend looms
The start of the peak summer season is set to bring millions of drivers on to British roads, with concerns of traffic chaos as the port of Dover faces its biggest test yet of new EU border controls.
‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’
James Watt, the BrewDog founder who sold the debt-laden “punk” brewer earlier this year , is the subject of complaints to the UK’s data privacy watchdog linked to his surprise bid to buy the company b…
Thousands of Google workers demand layoff protections amid AI boom in petition to CEO
Google workers on Thursday delivered a petition calling for layoff protections as tech giants continue to slash their workforces while pouring billions into AI.
‘Brazen corruption’: critics denounce Trump Media plan to sell priority access to Truth Social posts
Donald Trump ’s media company is planning to charge for special high-speed access to Truth Social posts, including possibly his own, affecting national security and financial markets.
Kalshi to offer betting on drug trial results and FDA regulatory decisions
Move comes as prediction platforms rapidly gain popularity and offer opportunities to bet on virtually anything
Business Daily
LAS VEGAS -- WNBA Commissioner Cathy Engelbert was not planning to suspend Alyssa Thomas for burying a fist into Caitlin Clark’s throat three weeks ago until NBA Commissioner Adam Silver implored her …
Vodafone settles legal claim brought by 62 former franchisees
Vodafone has settled a long-running legal claim filed by 62 of its former franchisees who alleged the mobile phone group “unjustly enriched” itself at their expense by up to £85m.
Energy drinks to be banned from sale to under-16s in England
High-caffeine energy drinks “have no place in children’s hands” and will be banned from sale to under-16s in England from April next year under new laws designed to improve health outcomes in young pe…
‘Bizarre choice’: business and Labour puzzle over Shabana Mahmood as future chancellor
Andy Burnham last month promised the UK he would bring “good growth in every postcode and hope in every heart” when he is installed as prime minister. Britain’s industry leaders also have a hope in th…
Trump made $1.4bn from crypto in one year. Is Justin Sun the man who helped him do it?
The entrepreneur is known in Washington as the financial power behind the president’s crypto fortune. How did Sun’s business love-in with the Trump family spiral into dueling lawsuits?
Agencies issue joint statement on handling of highly sensitive information during bank examinations
The federal bank regulatory agencies today issued a joint statement describing enhanced security procedures for review of highly sensitive information in connection with examinations of supervised ban…
‘Keys to the kingdom’: hackers who gained access to heart of London transport network jailed
The data of millions of commuters was stolen, Londoners were left out of pocket and 27,000 Transport for London staff were forced to reset their passwords.
SEC Proposes New E-Delivery Approach to Make Information More Readily Accessible and Useful for Investors
We have come a long way with more than 85% of the Fortune 500 using Microsoft AI solutions to shape their future. With 66% of CEOs reporting measurable business benefits from generative AI initiatives…
Joint taskforce continues crack down on misleading car finance claims adverts
The FCA, Advertising Standards Authority, Solicitors Regulation Authority and Information Commissioner's Office are tackling the poor handling of motor finance claims by some claims companies and law …
Chip giant TSMC pledges another $100bn to expand US production
Taiwanese chipmaker TSMC will invest another $100bn (£74bn) in Arizona as it expands its production in the US, a move the Commerce Department said will create tens of thousands of American jobs.
British Steel is taken into public ownership to save UK supply
British Steel has formally been taken into public ownership 15 months after the government stepped in to prevent the closure of its steelworks in Scunthorpe and the loss of 4,000 jobs.
Ocado chief says he won’t be a ‘puppet master’ amid apparent succession row
The co-founder and boss of Ocado has said he has “no intention of being a puppet master” exerting control over its staff amid an apparent boardroom row over succession at the grocery technology compan…
Uber to buy Germany’s Delivery Hero in $14.8bn global deal
Agreement combines Uber Eats with food delivery brands in 99 countries and expands taxi service reach