China is a clear winner from Trump’s war in Middle East, report concludes
Beijing, whose stockpiles and renewables industry allowed it to withstand energy shock, is now gaining from global solar and EV push
News
Hospitality VAT cut: can it help the sector and at what cost to UK taxpayer?
Nearly a quarter of hospitality businesses are losing money, new data has shown , reigniting calls among chefs, pub owners and restaurateurs for their sector to be handed a reduced rate of VAT.
Doubt that Elon Musk ‘earned’ his trillion? Rightwing media says you’re in an ‘impotent envy cult’ | Arwa Mahdawi
The lovefest from Musk’s conservative fans completely overlooks the unscrupulous tactics behind his immense wealth
UK housebuilders face class action suit over alleged collusion to inflate prices
Britain’s biggest housebuilders, including Barratt Redrow and Taylor Wimpey, face a multibillion-pound class action lawsuit over claims that they colluded over higher prices for homebuyers.
UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery
The UK culture secretary, Lisa Nandy, intends to ask Britain’s media and competition watchdogs to examine Paramount’s $110bn (£85bn) acquisition of Warner Bros Discovery.
EY sacks graduate employee after he allegedly accessed Australian PM’s bank account
An employee at one of Australia’s big four accounting firms has been sacked after he and another man allegedly accessed the prime minister Anthony Albanese’s personal banking account.
Nearly 25% of UK pubs and restaurants lose money, research shows
Nearly a quarter of UK pubs, bars and restaurants are losing money, according to new survey data that came as a group of celebrity chefs and business owners stepped up their campaign for a sector-specific VAT cut.
FCA sets landmark crypto rules to cement the UK’s place as a global hub
Firms supporting people to buy, trade and hold crypto will need to meet clear standards under landmark rules set out by the FCA.
Telegraph’s £575m takeover by German group completed
Acquisition by Axel Springer ends three years of uncertainty over ownership of 172-year-old titles
Sainsbury’s chief says grocery inflation not as bad as feared so far
Supermarket has lifted sales with Aldi price match, and has benefited from hot weather and World Cup matches
EU halves duty-free steel quota but UK and other partners given better rate
Twelve countries with a free trade agreement with Brussels have their quota reduced by just one-third
ECB publishes indicative operational calendars for 2028
The European Central Bank (ECB) today published the indicative calendars for the Eurosystem’s regular tender operations and reserve maintenance periods in 2028.
Statistical Notice 2026/06 - Form PL - updates to definitions
The Bank of England will be updating the Form PL (Profit and Loss) definitions to improve consistency and alignment with the ONS UK National Accounts requirements.
ECB publishes indicative operational calendars for 2027
The European Central Bank (ECB) today published the indicative calendars for the Eurosystem’s regular tender operations and reserve maintenance periods in 2027.
Ireland is big tech’s lapdog – and that compromises its EU presidency | Johnny Ryan
The country is dependent on the global giants that call Dublin home. Irish ministers can’t be trusted to chair vital European digital sovereignty talks
Millions of Britons urged to submit meter readings before energy price cap rises on Wednesday
Millions of Britons could pay higher energy bills than they need to if they do not submit a meter reading before the price cap rises on Wednesday.
Cost to rewire Great Britain’s electricity network could reach £90bn in 2030s
Energy system operator says sum needed to deliver clean power targets while meeting rising demand is up by 50%
I’m paying £450 a month for a Peugeot EV I can’t drive
The dealer postponed the repair appointment by a month because it was too busy. Peugeot Assist, operated by the RAC, eventually collected it for repair under warranty two weeks ago, but it never reached the dealer.
What's happening to the UK economy and how does it affect you?
The contraction comes after a better-than-expected start to the year for the economy, but experts expect the global impact of the US-Israeli war with Iran will mean growth could remain sluggish for some months.
‘Am I losing this battle? Yes’: Martin Lewis on the online scams that steal his identity – and others’ life savings
Trusted by millions, the finance expert has seen his name and face used to mis-sell a string of fake investments. And yet, he says, it would be ‘very simple’ for the government to stop them
‘Commanding heights of the economy’: the postwar blueprint that inspires Burnham
In the second of a series on nationalisation, we look at the lessons from Clement Attlee’s administration
UK living standards fall despite fastest growth in G7 – business live
Rolling coverage of the latest economic and financial news, as GDP quarterly national accounts show how UK economy fared in January to March 2026
Brompton sells stakes to Decathlon and Chinese Labubu backer
British bike maker says cycling market is recovering from sales slump and investments will add new expertise
Will Andy Burnham’s economic vision make us all better off? | Politics Weekly
Blain’s Morning Porridge June 30th, 2026: Andy Burnham’s big vision – will it be more than smiles and eyebrows?