BT pension scheme lost £300m on Thames Water stake
Loss came after decision to write off 8.7% equity stake in water company moving closer towards nationalisation
Policy & regulation
Trump says he’s ordered investigation into oil companies over alleged price gouging
Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflict
I was wary of driverless cars and their tech overlords – but they could give me a different future | Gabriel Stewart
For those of us who can’t drive due to disabilities, the drawbacks of these vehicles are vastly outweighed by the possibilities they offer
Farm workers at high risk amid screwworm outbreak in US south-west
Those who work with animals are at greater risk for infection, but face challenges in accessing healthcare
Commodity traders offer £1m to crisis fund after FCA competition probe
The FCA is concerned 11 traders may have shared sensitive information or coordinated trades, potentially restricting competition.
Cars in Europe have grown average 1.2cm longer every year since 2000
Analysis of new vehicles shows steady ‘car bloat’ that researchers say could cause extra 2,600 crash deaths a year by 2040
Lazio Women to pay compensation after landmark Cas pregnancy discrimination ruling
Lazio Women unlawfully ended the Swedish footballer Maja Göthberg’s time at the club because of her pregnancy, the court of arbitration for sport (Cas) has ruled, ordering the Italian club to pay compensation.
‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies
The writer who coined the word ‘enshittification’ tells us why AI will never deliver what it promises – and why it still appeals so much to those in power
Meta pauses employee tracker for AI training amid privacy concerns
Mark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash.
ECB reports on progress towards euro adoption
Limited progress has been made by the non-euro area Member States of the European Union (EU) on economic convergence with the euro area since 2024, according to the 2026 Convergence Report of the European Central Bank (…
Megan Greene's CV and questionnaire for the Treasury Select Committee
The Prudential Regulation Authority (PRA) has today published a consultation on the internal model approach to market risk (IMA), which represents the final piece of Basel 3.1’s implementation in the UK.
‘Extremely overwhelmed’: apartment renters face rising tide of fees
Guardian investigation: Renters at apartment buildings operated by industry giant Greystar complain they’re deluged by ‘unfair’ and ‘inflated’ fees. The company denies these claims
Record profits, terrible service: something’s got to give for US consumers
Experts say consolidation and market power have left consumers paying more for less
Elon Musk’s trillionaire status at risk after drops in SpaceX and Tesla’s shares – business live
Financial analyst Bill Blain of Windshift Capital sees signs that SpaceX could fall further, writing this morning:
Dettol apologises after ‘toxic men’ advert sparks backlash in China
British disinfectant brand withdraws advert about a man’s efforts to find a ‘clean and untouched’ woman
Iceland joins TIPS for instant payments
The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow payments in Icelandic króna to be se…
Progressive economists reject Unite leader’s criticism of Ed Miliband
Sharon Graham is urged to withdraw her claim that the energy secretary would cost jobs if he became chancellor
24-hour parks and alcohol bans: what cities could learn from Paris’s ‘heatwave mode’ | Helen Massy-Beresford
Following a devastating heatwave in 2003 that killed 15,000, France has adopted four alert levels to help people cope with extreme temperatures
Keir Starmer couldn’t beat the curse of Brexit – a politics poisoned by nationalism | Rafael Behr
The outgoing prime minister’s efforts to mobilise a healthier kind of patriotism fell flat. Andy Burnham may stand a better chance
‘The soul’s been ripped out of it’: Birmingham community housing scheme on brink over costs dispute
Row over ‘landmark’ development in Stirchley has left people homeless and put businesses at risk, say locals
Former WH Smith’s small suppliers to lose at least half of debts in rescue plan
If TG Jones’s aggressive restructuring is voted through, the charity Help for Heroes and other creditors will be out of pocket
‘A total, utter nightmare’: small businesses on Brexit, 10 years on
Cheesemakers, farmers, exporters and wine merchants say red tape, lack of vision and rising costs mean they have stopped trading, sold up or retired early
‘A real difference’: how community hubs help local people fight rising living costs
More locations are offering debt advice, health services, cafes, social activities and support under one roof
Britain, Brexit, Burnham: how was it for EU? – podcast
A decade after Brexit, the UK simply can’t shake the legacy of the referendum. But with shifting public opinion and the rise of Andy Burnham, could Britain be plotting a path back to the EU?