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Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live | Business

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Cool UK jobs market 'questions need for rate hikes' – economistsJames Smith, developed markets economist, UK at ING, said the cooling labour market means...
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Top economists urge Burnham to sign UK up to UN initiative on global inequality | Inequality

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Forty prominent progressive academics are urging Andy Burnham’s government to join a new global push to tackle inequality.The experts include Nobel winner Joseph Stiglitz,...
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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...
Business

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...
Business

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...
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...
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