SpaceX shares slide below IPO price for first time as surge fizzles
Shares fall below $135 price after firm completed biggest ever IPO and made Elon Musk world’s first trillionaire
FCA & Rules
Nationwide customer vows to fight on after failed attempt to join board
A Nationwide customer has vowed to fight on after losing a historic attempt to join its board and is plotting a fresh campaign to boost democracy at the building society.
Over 1,600 energy department webpages on utility bill savings removed as US temperatures soar
As millions of Americans prepare for another brutal heatwave , it’s now harder to find information about ways to stay cool while saving energy and keeping utility costs down.
Bank of England governor would have put off Farage meeting had £5m gift been under investigation
The Bank of England governor has said he would have put off a meeting with Nigel Farage last autumn had the Reform UK leader’s £5m gift from a crypto billionaire been under investigation at the time.
Thames Water increases bonus payments to £4m despite uncertainty over future
Thames Water increased its bonus payouts to £4.1m for senior managers, despite warning over “material uncertainty” over its future as it scrambles to recapitalise to avoid nationalisation.
China’s economy grows at 4.3%, one of its lowest rates on record
China has posted worse-than-expected growth figures for the three months to June as its economy expanded by just 4.3% – one of its lowest quarterly readings on record.
Heating oil customers to get up to £350 compensation for cancelled orders
Heating oil customers whose deliveries were cancelled when the war in the Middle East caused a price surge are to receive compensation of up to £350 each following an investigation by the UK competiti…
Piero Cipollone: Interview with Ouest-France
What is your view on last Thursday’s vote by the European Parliament to back the digital euro?
Labour must stop just writing a cheque for benefit claimants, says McFadden
Labour must stop “simply writing a cheque” for health and disability benefit claimants and will provide more job support instead, the work and pensions secretary has said.
Meta used AI to tag workers who took leave to be laid off, lawsuit claims
Lawsuit filed by dozens of employees says people who took maternity or disability leave were disproportionately selected for layoffs
Global cooperation needed to tackle AI threats, says Bank of England governor
The Bank of England governor has called for international cooperation to tackle growing AI threats, warning that the US and Trump administration would not be able to achieve their ambitions alone.
Minutes of the Board's discount rate meetings on June 8 and June 17, 2026
The Federal Reserve Board on Tuesday released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. Today's m…
IBM loses quarter of its value as tech giant’s shares plunge and profits falter
IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft
T rex fossil ‘Gus’ sells for $50.1m at New York auction, setting new record
A vast, fossilized Tyrannosaurus rex nicknamed Gus sold at Sotheby’s in New York on Tuesday for $50.1m with fees (£37.4m) to a phone bidder – making it the most valuable dinosaur fossil sold at auctio…
Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal
Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics.
US inflation rate eases to 3.5% as gasoline prices fall
Inflation in the US eased last month as the cost of filling up at the pumps fell, official figures show.
ECB selects 36 payment service providers to join digital euro pilot
The European Central Bank (ECB) has selected 36 payment service providers (PSP) from across the euro area to participate in the digital euro pilot. The pilot exercise is crucial for testing the digita…
PRA and FCA propose new captive insurance regime to drive UK growth and competitiveness
Innovative new proposals aim to establish the UK as a centre for the fast-growing captive insurance market. This will support economic growth, leverage the UK market's expertise and cement its positio…
Streamlined rulebook to save asset managers £128m a year
The FCA has proposed a package of reforms that would tailor requirements proportionately for asset managers, cut costs for firms and give better data to supervise the sector more effectively.
‘If we die, we die together’: wife of Ryanair passenger almost sucked through window speaks
A woman who saved her husband from being completely sucked out of a Ryanair plane mid-flight has said she thought as he held on to his legs: “If we die, we die together.”
Johnson government wasted £10bn on PPE, Covid inquiry finds
Boris Johnson’s government wasted £10bn of public money because of the flawed way it went about buying personal protective equipment during the coronavirus pandemic, an official inquiry has concluded.
South East Water to pay £30.5m penalty after multiple supply failures
South East Water will pay £30.5m after a series of supply interruptions, customer failings and for breaching its licence, the regulator Ofwat has said.
US refunds $81bn in Trump tariffs after supreme court ruled them illegal
The US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday.
World Cup and sunshine prompt UK consumers to splash out on beer and online shopping
Relentless sunshine and the World Cup coaxed consumers to spend more on beer and online shopping last month, with purse strings expected to remain loose as England fans gear up for Wednesday’s semi-fi…