Audit firm to Gupta metals empire fined and banned for ‘egregious’ failures
UK watchdog gives King & King severe reprimand for failing ‘to identify clear self-interest’ when conducting audits
Regulation
Royal Mail boss’s pay package soars to £6.9m despite profits slide
Martin Seidenberg, chief executive of parent company IDS, handed payouts after takeover of UK postal service
Majority of datacenters are vulnerable to climate threats like floods and fires, study finds
Study warns AI datacenters are vulnerable to the climate hazards that their global greenhouse gas emissions bolster
Air pollution is a fixable problem – just look at how London and New York have cleaned up their acts | Sadiq Khan and Michael Bloomberg
Sadiq Khan is the mayor of London. Michael Bloomberg is a former mayor of New York City
Nissan ‘shelves all-electric Qashqai plans’ as it cuts costs
Firm has been developing full EV version of its top-selling model in Europe at its plant in Sunderland
Europe’s media look on in bemusement at post-Brexit ‘revolving door’ of UK prime ministers
Front pages across the continent reflect on Britain’s political turmoil after Starmer becomes sixth prime minister to quit since 2016
RIP Alan Greenspan: you were charming, powerful, and wrong | Robert Reich
The former Federal Reserve chair was a smart guy – but he had a huge blind spot. Here’s what I wish I’d said to him
I stand by what I said 10 years ago. We were right to leave the European Union | Larry Elliott
The Brexit vote showed that class still matters in British politics – and the changes needed are ones the EU would never have allowed
Oil prices fall after US waives Iran sanctions and peace talks in Switzerland progress – business live
US waives sanctions on Iran for 60 days after first talks in Switzerland to negotiate peace deal; communications line opened to ensure safe passage through strait of Hormuz
Can the UK kick its cod habit? Fish and chip shop favourite slips down the menu as prices soar
The cost of the traditional takeaway has doubled since 2019, and more outlets are trying to tempt customers with cheaper options such as coley, pollack and hake
StubHub UK fined almost £900,000 over ‘hidden’ ticket fees
Reseller is also ordered to refund more than 50,000 fans, as its rival Viagogo remains under investigation
Extreme heat: is the UK becoming a 40C country? – podcast
Met Office forecasters have issued a rare red weather warning for England, with temperatures potentially reaching 40C (104F) in some places. Europe is also dealing with a debilitating heatwave, with schools closed, trai…
My eight-year-old was refused a UK passport
I am a Briton living in Switzerland and my three children are British and Swiss nationals.
From bendy bananas to £350m for the NHS – how many Brexit promises actually came true?
Leaving the EU was supposed to solve Britain’s border issues, slash bureaucracy, revitalise the health service, even supercharge vacuum cleaners. How much control did we really take back?
Where did it all go wrong for Starmer? – podcast
The UK has lost its sixth prime minister in a decade. How did Keir Starmer go from landslide victory to resigning in two years?
UK plans to give established media more visibility on YouTube and TikTok
Move for greater prominence on social media comes as ministers warn online misinformation risk becoming ‘existential for our democracy’
HR consultant wins English court case using AI lawyer in apparent legal first
An artificial intelligence law firm has won a case in an English court, in what is believed to be the first time a trial has been won using an AI lawyer.
Rail passengers told to only travel if essential amid red extreme heat warning
Rail passengers have been told to only attempt to travel if “absolutely essential” and check trains are running, with extreme heat expected to disrupt services around Britain.
EasyJet bidder is still offering less than a full ticket | Nils Pratley
Castlelake’s offer does not feel close to a knockout price – and it still needs to get shareholders (and Stelios) on board
AI models that can take down governments and business months away, rare Five Eyes statement warns
Powerful AI models capable of taking down governments and businesses are mere months away, cyber intelligence agencies for the Five Eyes have warned in a rare joint statement, urging leaders to “act now”.
Alan Greenspan, longtime head of the US federal reserve, dies aged 100
Greenspan served under the presidencies of Ronald Reagan, George HW Bush, Bill Clinton and George W Bush
Federal Reserve notes with deep sadness the passing of Alan Greenspan
The Federal Reserve notes with deep sadness the passing of Alan Greenspan. Chairman Greenspan served as the 13th Chairman of the Board of Governors from 1987 to 2006, and his contributions to monetary policy and economi…
Alan Greenspan, architect of the modern American economy, dies aged 100
Former US Federal Reserve chair Alan Greenspan has died aged 100, his wife has said.
‘Every time you turn around, there’s a new price increase’: US small-business optimism plummets
At the same time, 29% of small-business owners also report having open positions they can’t fill