Households near new pylons to get £250 taken off annual energy bills
Discounts confirmed near more than 40 locations across Great Britain amid biggest upgrade to electricity grid since 1960s
Regulation
US sees oil disruptions from Iran conflict reaching 600,000 bpd
The International Monetary Fund (IMF) has cut its economic outlook for the world economy and warned it could sink into a recession if the Iran war is not soon resolved. In its April 2026 World Economic Outlook, the Bret…
Results of the Semi-Annual FX Turnover Surveys in April 2026
The international role of the euro grew moderately in 2025, with its share across various indicators of global currency use reaching around 20%. Viewed from a longer-term perspective, the role of the euro has grown grad…
Hotel prices in Europe jump before total solar eclipse
Rooms in Icelandic capital Reykjavík cost double usual rate and Spain also enjoying strong bookings
Axe stamp duty? How Andy Burnham could change property tax
Residential property is the largest store of wealth in the UK, and has long been a target for those who believe homes should be taxed more. Real estate remains a juicy plum for Andy Burnham to pick as he searches for wa…
Nvidia links with Wall Street firms for $500bn AI financing deal
Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure
ECB and Frankfurt Radio Symphony invite the public to Europa Open Air concert on 20 August 2026
On Thursday, 20 August 2026 the European Central Bank (ECB) and the broadcaster Hessischer Rundfunk (hr) will once again host the Europa Open Air concert at Weseler Werft in Frankfurt. The free event brings together mus…
RBA leaves rates steady at 4.35%; warns of more hikes amid high inflation
For the Australian housing market, this pause offers much-needed breathing space, though borrowing constraints, affordability pressures, and supply shortages continue to dictate local market dynamics.
Heathrow says need for expansion ‘clear’ as it loses title of Europe’s busiest airport
Heathrow airport said “the case for expansion has never been clearer” after it was overtaken as Europe’s busiest airport by Istanbul.
RBA interest rates: Reserve Bank holds cash rate at 4.35% but threatens more hikes if needed
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year
Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending
Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentials
Zuckerberg pushes ‘superintelligent’ AI for all as Meta drops open-source model
Meta CEO presents utopian vision of AI in 6,000-word essay amid Silicon Valley debate over government regulation
Trump’s media company, which also owns Truth Social, reports $238m loss
Company also announced a paid service for early access to president’s posts on policies to the social media site
Burnham to give councils more powers to block vape and betting shops
Councils are to be given powers to stop betting and vape shops taking over their high streets under new plans announced by Andy Burnham.
Bernie Sanders calls on Silicon Valley to ‘pause AI development’ in interest of humanity
Senator Bernie Sanders has called on Meta, OpenAI and Anthropic executives to halt their development of artificial intelligence, warning that the US Senate will implement regulation if the companies continue deploying A…
Liverpool owners close to £1.35bn sale of 30% stake to consortium including Jeff Bezos
A consortium including the Amazon founder, Jeff Bezos, is close to completing a deal for a 30% stake in Liverpool after months of talks with Fenway Sports Group. The investors are led by Amit Bhatia, the son-in-law of t…
Rush to find solar eclipse glasses as UK high street stocks run short
Some online shoppers may have left it too late to order – but you can view partial eclipse indirectly without specs
SEC Charges Private Fund Adviser Adit Ventures Management, Its CEO and Affiliated General Partners in Alleged Fraud
Washington, D.C.--(Newsfile Corp. - August 10, 2026) - The Securities and Exchange Commission today charged New York-based investment adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated gener…
John Lewis managing director Peter Ruis quits job after less than three years
The managing director of John Lewis has quit the job after less than three years in charge of the British department store chain, as the company faces “really tough” trading conditions.
Millions in Great Britain could face emergency power cuts at short notice
Exclusive: Grid operator Neso can now respond with rolling blackouts as last resort without need for government powers
‘It’s very challenging’: how the Duke of Westminster’s farm is taking on the climate crisis
Amid world pressure from heatwaves and fertiliser shortages, billionaire’s business has invested in circular farming and biomethane
Harvey Nichols warns it could collapse without rescue deal, as bidders circle
Mike Ashley’s Frasers Group is frontrunner to buy Knightsbridge-headquartered department store chain
FCA boosts support for innovative firms as they scale and grow
Five fast-growing firms have joined the FCA’s Scale-up Unit, receiving tailored support to help them innovate, navigate regulation and grow sustainably.
Thames Water faces row over £1m payment to finance chief
Thames Water has paid its chief financial officer, Steve Buck, a £1m signing fee despite intense scrutiny of Britain’s biggest water company’s finances as it tries to avoid being taken into public control.