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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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VW plans to cut up to 100,000 jobs and shut plants, report says | Volkswagen (VW)

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Germany’s Volkswagen is to cut up to 100,000 jobs and reduce and eventually stop production at some plants, according to reports.The company has refused...
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UK food and drink exports fall as US tariffs and Brexit trade friction bites – business live | Business

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UK food and drink exports hit by US tariffs and Brexit trade frictionGood morning, and welcome to our rolling coverage of business, the financial...
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Business

Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation | Ryanair

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Ryanair has changed its family seating policy, after Britain’s competition watchdog launched an investigation into the airline’s charges for parents to sit with their...
Business

Oil price falls to lowest level since before the US-Iran war; UK firms hope Burnham will ease burden – business live | Business

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Introduction: Oil price back below pre-Iran war levelsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Fears...
Business

Great Britain’s grid operator pays £10m for extra power to avoid supply crunch tonight | Energy industry

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Great Britain’s grid operator is expected to pay millions to fire up gas power plants to avoid a rare summer power supply crunch on...
Business

US AI stock sell-off shakes markets from Wall Street to Asia | Stock markets

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A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future...
Business

UK services sector shrinks at fastest pace since 2023; global shares tumble after US tech sell-off – business live | Business

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Key eventsCampaigners lose High Court challenges over Gatwick expansionCampaigners have lost their High Court challenges over the expansion of Gatwick Airport, but vowed to...
Business

Rail passengers told to travel only if essential amid red extreme heat warning | Rail industry

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Rail passengers have been told to attempt to travel only if “absolutely essential” and check trains are running, with extreme heat expected to disrupt...
Business

Pound and UK bonds holds steady as prime minister Keir Starmer confirms resignation – business live | Business

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Key eventsUK 10-year gilt yield edges lower as Wes Streeting backs Burnham for prime ministerMarkets are reacting positively t the prospect of an unopposed...
Business

Burnham ally to unveil ambitious plan to reverse decades of privatisation | Andy Burnham

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Andy Burnham’s government should reverse 40 years of privatisation with a long-term plan to take over failing utilities in administration, issuing “bonds for shares”...
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