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Seattle’s solution for the middle-class housing squeeze: government housing

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UK house prices flat in June, says Nationwide; higher energy bills cap kicks in – business live | Business

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Key eventsUK competition watchdog launches investigation into Nexfibre-Netomnia dealMark SweneyThe competition watchdog has launched an in-depth investigation into the £2bn proposed deal by the...
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SpaceX ignited a trading frenzy. Here’s what to know

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Business

UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery | Mergers and acquisitions

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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.The...
Business

UK living standards fall despite fastest growth in G7 – business live | Business

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Key eventsTable: How UK topped G7 growth table in Q1The UK’s growth of 0.6% in January-March outpaces the rest of the G7, just!The US...
Business

Andy Burnham vows to set up No 10 North as ‘nerve centre of rewired Britain’ | Andy Burnham

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Andy Burnham will set up No 10 North as the “nerve centre of a rewired Britain” to oversee a devolution of power and resources...
Business

Bank of England chief economist warns against ‘complacency’ in fight against inflation – business live | Business

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Introduction: BoE chief economist warns against 'complacency' on inflationGood morning, and welcome to our rolling coverage of business, the financial markets and the world...
Business

‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity | Public finance

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One pound in every £11 of UK government spending on contractors went to private equity-controlled companies last year, research shows, including key services such...
Business

Will Andy Burnham ‘go big’ in expanding the role of the state? | Nationalisation

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As he swept towards victory in the Makerfield byelection, Andy Burnham told voters he wanted to see “the essentials of life being run primarily...
Business

Thunderstorms disrupt Gatwick and Heathrow as hundreds of flights delayed or cancelled | Air transport

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Thunderstorms have caused severe delays to hundreds of flights at Heathrow and Gatwick airports, leaving passengers stuck on grounded planes for hours in the...
Business

Great Britain’s grid operator warns again over power supplies in heatwave | Energy industry

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Great Britain’s energy system operator raised the alarm over electricity supplies for the second time this week as the heatwave continued to test Europe’s...
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