Politics
Andy Burnham to cut tax for pubs, clubs and live music in England and make vape shops pay more – business live
Pubs and restaurants company Mitchells & Butlers had other things on its plate this summer: the British heatwaves hit its sales .
Politics
Politics
Google reports 12th consecutive quarter of strong revenue gains
Google’s parent company, Alphabet, reported double-digit revenue growth for its second-quarter earnings on Wednesday. This is the tech giant’s 12th consecutive quarter of massive revenue gains.
Politics
Tesla’s profits slide despite growing revenue as it pivots to robotics and AI
Tesla reported its second-quarter earnings on Wednesday, disclosing far lower profits than expected. The company’s already beleaguered stock, which had fallen about 14% this year to date, dipped further following the ea…
Politics
Paramount’s £80bn takeover of Warner Brothers a step closer after EU approval
European Commission says Paramount Skydance’s decision to end Universal venture addresses merger concerns
Politics
Tories ask HMRC to investigate whether Nigel Farage owes tax on £5m gift
The Conservatives have asked HMRC to investigate whether Nigel Farage should have paid tax on the £5m gift he received from the crypto billionaire Christopher Harborne.
Politics
Segro board U-turns on £14bn takeover bid by US rival Prologis
UK warehouse landlord says board unanimous in recommendation to accept ‘best and final offer’
Politics
Streeting says Burnham government will prioritise military over other spending
Defence secretary says he will give arms industry ‘clarity and confidence’ in contrast to row preceding Starmer’s exit
Politics
Oil price rises above $95 mark as Middle East conflict escalates
The price of oil has breached the $95 a barrel mark for the first time in six weeks as the escalating Middle East conflict threatens further disruption to global supplies.
Politics
Harry Potter publisher to receive millions in Anthropic copyright settlement
The publisher of Harry Potter has received a multimillion-pound payout as a beneficiary of a $1.5bn (£1.12bn) copyright settlement between the AI startup Anthropic and thousands of authors over the use of their protecte…
Politics
Food price fears after Europe’s heatwave destroys estimated €2bn of crops
The heatwave that swept across Europe in June is estimated to have cost the continent’s grain farmers €2bn (£1.7bn) in lost revenue and destroyed 9m tonnes of crops, sparking concern about the impact on the price of foo…
Politics
Lloyd’s of London says ex-boss’s ‘close relationship’ breached compliance rules
Lloyd’s of London has ruled that its former boss John Neal breached compliance rules by failing to disclose a “close relationship” with a female colleague that risked triggering conflict of interest concerns at the insu…
Politics
Norway’s national oil company profits double to $11.5bn amid war on Iran
Profits at Norway’s state oil company nearly doubled to $11.5bn (£8.6bn) in the three months to the end of June as the jump in oil and gas prices caused by the war against Iran boosted earnings.
Politics
Arrests and searches made as part of a fraud and money laundering investigation
Four people have been arrested and search warrants executed in Hackney, Beckenham and Slough as part of a FCA and police investigation into fraud and money laundering.
Politics
SEC Announces Departure of Principal Deputy Director of Enforcement Sam Waldon
In this issue of our monthly Securities Enforcement Roundup, we highlight top securities enforcement developments from March 2026.
Politics
PRA consults on updated guidance for friendly society amalgamations and transfers
Financial mutuals play an important role in the UK financial services sector, and the PRA is committed to supporting their long-term, sustainable growth and ability to compete effectively alongside other firms. In the P…
Politics
Amazon founder Jeff Bezos in talks to join consortium seeking 30% stake in Liverpool
Amazon founder Jeff Bezos has held talks about joining the consortium that is seeking to buy around 30% of Liverpool.
Politics
Former Southern Water employees to face trial over alleged cover-up in wastewater testing
Britain’s Environment Agency (EA) is bringing a fraud case against four former Southern Water employees, including the former chief executive Matthew Wright, over allegations they manipulated wastewater testing…
Politics
OpenAI says its models went rogue and hacked startup in ‘unprecedented incident’
OpenAI has revealed an autonomous AI agent powered by its technology went rogue during a test, accessed the open web and hacked a prominent startup by itself in an “unprecedented incident”.
Politics
Wetherspoon’s issues fourth profit warning in seven months
JD Wetherspoon has issued its fourth profit warning in seven months, with the pub chain blaming worse-than-expected sales, despite the World Cup, as it struggled with rising costs for food, workers, energy and property …
Politics
Anthropic to support FCA’s Supercharged Sandbox
Anthropic will support the second group of firms in the FCA's Supercharged Sandbox.
Politics
Burnham announces bus fares across England to be capped at £2
Single bus fares across England will be capped at £2 from January, Andy Burnham has announced, as he continues a cost of living blitz in his first week as prime minister.
Politics
World’s largest meat company faces legal challenge over green credentials of $6bn global expansion
The world’s biggest meat company, JBS, faces a landmark legal challenge to disclose how its $6bn (£4.5bn) global expansion plan is compatible with responsibilities to the climate, nature and human rights.
Politics
UK inflation falls to 2.6% in lift for Burnham’s cost of living plans
UK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the cost of living.
Politics
‘Risking blackouts’? How Great Britain’s grid operator was dragged into a political row
In a control room in Wokingham, Berkshire, staff work around the clock, minute by minute, to align Great Britain’s fluctuating power supplies with its ever-changing demand.