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.
FCA & Rules
UK house prices rise for first time since start of Iran war
Typical property cost £299,330 in June, 0.2% more than the month before, says Lloyds
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.
Who is George Cottrell, the mystery donor who has potentially landed Nigel Farage in hot water?
Nigel Farage, leader of Reform UK, has said he is the victim of an “establishment hit job”.
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
Streaming storm made ITV sharing a roof with Sky sadly inevitable
A generation ago, ITV was regarded as such a precious jewel in the UK broadcasting firmament that there was outrage when BSkyB, as it was, bought a 17.9% stake to stop anybody else getting their hands…
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.
Wegovy weight-loss pill goes on sale at UK high street and online pharmacies
A once-a-day Wegovy weight-loss pill has gone on sale at high street and online pharmacies in the UK, but is not yet available on the NHS.
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…
Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
Sky has announced a long-awaited £1.6bn deal to buy ITV’s broadcasting and streaming arm to create the UK’s biggest commercial broadcaster.
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
Big brewers ‘misleading drinkers’ over craft beer credentials, says Camra
Big brewers are misleading drinkers about their products’ “craft” credentials and geographical origin, the ale enthusiasts’ club Camra has claimed, as it called on the consumer watchdog to investigate…
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…
‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentre
Revealed: landmark Scottish AI project has no prospect of meeting renewables promise