Gianni Infantino ‘has lost Uefa’s confidence’ after Fifa chief scraps World Cup sell-off plan
Uefa has warned Gianni Infantino that his style of leadership cannot continue in demanding a thorough and fundamental review of Fifa’s governance.
Policy & regulation
Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM
MPs and mayors close to Andy Burnham have told the prime minister there is a “third way” to gain more control of failing companies, as the row over whether or not to nationalise Thames Water rumbles on.
‘Proteinmaxxing’ could lead to higher prices for infant formula, say experts
The rise of “proteinmaxxing” – a trend in which consumers try to eat as much protein as possible – could lead to higher prices for infant formula, experts warn.
The tangled financial web at the heart of Reform UK
Nigel Farage’s £5m gift, the Cottrell family’s links and donations, and Richard Tice’s business dealings form part of an increasingly clear nexus of relationships
ECB official warns climate crisis poses growing threat to ‘core financial stability’
A senior policymaker at the European Central Bank has said the climate emergency and the breakdown of nature poses a dramatically growing risk to the global economy.
Bessent ‘to-do’ list shows proposal for US to buy $5bn-$10bn of Japanese yen
During a cabinet meeting at Camp David on Friday, the US treasury secretary Scott Bessent carelessly revealed plans for the US to buy $5bn-$10bn in Japanese yen in a scribbled “to do” list left visible to a Reuters pho…
Boss of £300m used-car firm was ousted after ‘orchestrated plan’ by investors, judge rules
A multimillionaire used-car salesman was ousted from his £300m company after “a pre-conceived and orchestrated plan” devised by private equity investors that had backed his business, a high court judge has ruled.
New York sues Kalshi prediction market alleging ‘illegal gambling operation’
Calling it an ‘illegal, unlicensed gambling operation’, state seeks to halt Kalshi’s operations and force it to forfeit profits
Andy Burnham calls on Infantino to resign over ‘outrageous’ World Cup plans
Andy Burnham has called on the Fifa president, Gianni Infantino, to resign over his “outrageous” plans to sell a stake in the World Cup.
Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations
The Federal Reserve Board on Friday requested comment on a proposal to modernize rules for mutual banking organizations. These institutions are owned by depositors rather than shareholders, and more than 90 percent have…
FCA advances package of equity market transparency reforms
The FCA has published a package of reforms designed to improve transparency, strengthen access to market-wide information and support confidence in UK equity markets.
UK petrol prices expected to rise to highest this year as US attacks Iran – business live
Live, rolling coverage as the AA says average petrol prices could rise above 159.7p per litre mark set in May
New solar panels in Great Britain at 15-year high as fossil fuel costs soar
Boom in solar farms and home installations in first half of 2026 began shortly after start of US-Israel war against Iran
‘It ain’t the same’: inside the bitter battle to free Ben & Jerry’s
Ben & Jerry’s ice-cream in the tub is still great, but the brand’s newest chocolate-covered ice-cream bar on a stick?
Sainsbury’s to sell Argos to three retail veterans in £120m deal
Sainsbury’s has agreed to sell the Argos retail chain for £120m to allow it to concentrate on its core food business.
UK house prices up 0.1% in July as buyers remain cautious on interest rates
Economic uncertainty dampened UK house price growth in July as prospective buyers remained cautious about interest rates during the Iran war in what should be the peak housebuying season.
Could AI take your job? Some workers in China already know the answer
On the tree-lined streets of Wuhan, where cars jostle for space with mopeds and cargo trucks, the malfunctioning of a new type of vehicle has recently been causing chaos on the city’s roads.
Burnham to free mayors from ‘Treasury death grip’ with new devolved powers
England’s regional mayors will be able to break out of the “death grip of the Treasury” by borrowing to invest in big projects under “transformational” plans to shift power out of Whitehall.
Anthropic’s AI Claude escaped testing environment and hacked organizations
Anthropic said on Thursday its AI Claude model hacked systems of three organizations during testing, days after rival OpenAI revealed a rogue agent had gone on a days-long hacking spree at AI firm Hugging Face.
Blue Motor Finance Limited enters administration
On 30 July 2026, Blue Motor Finance Limited (BMFL) was placed into administration. Simon Edel, Richard Barker and Alan Michael Hudson of Ernst & Young LLP were appointed as joint administrators.
Burnham promises ‘pragmatic’ approach to North Sea oil and gas
Andy Burnham has said he will take a “pragmatic” approach to oil and gas drilling in the North Sea, saying the government could not ignore the potential energy resources it holds.
Bank of England holds interest rates at 3.75% as inflation fears mount
The Bank of England has kept UK interest rates on hold as it warned that a further escalation in the Iran war could drive inflation above 4% next year, adding to cost of living pressures on households.
Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate Bank
The Federal Reserve Board on Thursday announced the execution of the following enforcement actions listed below:
US economic growth slows to 1.5% in second quarter
Growth in the US slowed in the three months to June, according to official figures.