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 world
FCA & Rules
How much money does the UK government borrow, and why does it matter?
To fill this gap it borrows money, but that has to be paid back - with interest.
Ozempic maker Novo Nordisk sues US rival over ‘materially misleading’ ads
Ozempic maker Novo Nordisk said on Tuesday it is suing arch US rival Eli Lilly over “false and materially misleading” adverts for its competing weight-loss and anti-diabetes treatments.
‘We were at their mercy’: inside the Amazon tactics that hiked prices across the internet
Internal emails revealed in court and interviews with ex-employees describe how Amazon’s practices drove up prices for competitors like Walmart and Target. Amazon denies price-fixing claims and says i…
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 immediate tax cut to remove VAT on energy bills.
ECB appoints Boris Kisselevsky as Director General Secretariat
The Executive Board of the European Central Bank (ECB) has appointed Boris Kisselevsky, currently Head of the ECB Representative Office in the House of the Euro in Brussels, as Director General Secret…
Thames Water investors offer ‘golden share’ in bid to head off nationalisation
The group of investors pursuing a rescue bid for Thames Water have offered the government a “golden share” in a last-ditch attempt to convince Andy Burnham not to nationalise Britain’s biggest water c…
UK government borrowing falls in June
The UK government borrowed slightly less than expected in June, according to official figures published as new prime minister Andy Burnham began setting out measures to cut living costs for households…
July 2026 euro area bank lending survey
According to the July 2026 bank lending survey (BLS), euro area banks reported a moderate net tightening of credit standards – banks’ internal guidelines or loan approval criteria – for loans or credi…
UK employers cut job vacancies as Burnham aims to lift living standards
Employers cut the number of job vacancies in May, according to official figures that highlight the UK’s “fragile” economic outlook amid the conflict in the Middle East.
Andy Burnham to cut VAT on electricity bills as first cost-of-living move
Electricity bills will be reduced by an average of £45 from October, after Andy Burnham announced the government would remove VAT from them.
Not enough water for UK’s datacentre plans, trade body says
Industry says government’s failure to address cooling demands means AI growth plans are ‘fatally flawed’
UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned
British flying taxi startup Vertical Aerospace has said the UK government has expressed interest in buying a military variant of its aircraft as it races to gain approval for flights with paying passe…
Donald Trump to impose 50% tariff on most Canadian goods, White House says
Turmoil likely as Trump officials say Canada unfairly discriminated against US autos, alcohol and dairy products
Healey made chancellor, Miliband named foreign secretary and Yvette Cooper becomes health secretary as Burnham picks cabinet – UK politics live
Burnham’s team were clear they want an experienced figure to deliver his vision for UK economy - combining fiscal responsibility with focus on re-industrialisation, devolution, cost of living crisis a…
The Russian Ministry of Culture has not received an application for a distribution certificate for Nolan's "Odyssey"
“The Odyssey” is a film adaptation of Homer’s epic poem, produced by Universal Pictures. The film was released worldwide on July 17. According to Variety, “The Odyssey” grossed approximately $264 mill…
Judge orders pause on Paramount-Warner merger after challenge from 12 states
A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81bn merger for at least two weeks, allowing states that are challenging the deal more time to see their case throu…
‘My shirt was wringing’: National Express bus drivers speak out on 40C conditions
Bus drivers in the West Midlands have spoken out about the “horrendous” working conditions they have experienced during heatwaves, which led to 40C temperatures in their cabs.
Burnham promises help with your money. How could it affect you?
In his first speech as prime minister, Andy Burnham has promised to give people more "breathing space" to help with the cost of living.
European gas prices surge amid fears US-Iran war will cause winter shortages
European gas prices have hit a four-month high as the escalation of the conflict in the Middle East raises fears of supply shortages this winter.
Ryanair says its planes are safe after passenger nearly sucked out of window
Airline says it has been in touch with family of man nearly sucked out mid-flight and reports strong summer bookings after profits slump
AliExpress fined record €550m by EU for failing to stop sale of illegal and fake goods
AliExpress, the Chinese online retail platform, has been fined a record €550m (£470m) by the EU over its failure to stop illegal goods including harmful clothing, cosmetics and kitchen gadgets being s…
Jeff Bezos and UK government invest in £2bn British startup CuspAI
Amazon’s founder, Jeff Bezos, and the UK government have invested in a £2bn British artificial intelligence startup that is aiming to become the “search engine for rare materials” that accelerates the…
PRA fines HDI Global SE £4,165,000 for inaccurate reporting of FSCS Liabilities and FSCS Fee Tariff data
The Prudential Regulation Authority (PRA) has imposed a financial penalty of £4,165,000 on HDI Global SE in connection with the submission of incorrect data to the PRA.