Trump Fed chair’s inflation strategy: leave it to the marketKevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic stewardWire*·August 4, 2026
Calls for UK bank tax to fund cost of living help as HSBC profits hit £7.5bnLevy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaignersWire*·August 4, 2026
Trump accuses oil companies of ‘making too much money’ from his war on IranUS president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’Wire*·August 4, 2026
Secondhand EV leasing hits the fast lane as more UK drivers explore ways to cut motoring costsNumbers using finance rises 170% in a year as leasing firms boom alongside leapin secondhand vehicle supply and surging fuel pricesWire*·August 4, 2026
UK plastic manufacturer could face legal action over toxic emissionsExclusive: Environment Agency is considering whether to prosecute Huntsman Polyurethanes over emissions of carcinogenic benzeneWire*·August 4, 2026
Price of olive oil expected to rise again as European crops feel the heatFarmers warn impact of high temperatures, drought and wildfires on range of foodstuffs means costs will increaseWire*·August 4, 2026
AstraZeneca should stick to its winning formula. It doesn’t need a $400bn US mega-mergerThe Anglo-Swedish drugmaker’s flirtation with a grand combo with US group Bristol Myers Squibb is bafflingWire*·August 3, 2026
AstraZeneca falls to third-largest UK company amid US merger talksProposed $400bn tie-up with Bristol Myers Squibb would create world’s fourth-largest drugmaker but analysts question rationaleWire*·August 3, 2026
UK economy faces recession if strait of Hormuz remains closed, EY warns - as it happenedRolling coverage of the latest economic and financial newsWire*·August 3, 2026
Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikesBrent crude drops by 5% after US president claimed talks on Middle East peace deal would resumeWire*·August 3, 2026
UK manufacturing growth picks up as Trump tariff chaos easesFactories in upbeat mood despite fears over economic impact of US war on Iran, poll findsWire*·August 3, 2026
Yen hits three-month high after Trump helps prop up currencyUS and Japanese governments confirm they carried out a rare joint intervention late last weekWire*·August 3, 2026
Healey’s profiteering warning on food and fuel risks row with retailersChancellor says the government wants to prevent shoppers being ‘taken for a ride’ at the pump or tillWire*·August 2, 2026
For most US small businesses, Trump’s tariffs aren’t the big issue they wereTariffs are annoying and disruptive, but this round is less impactful – and business owners are taking them in their strideWire*·August 2, 2026
Inside M&S’s swanky Oxford Street revamp, the blueprint for its £700m growth strategyAs boss Stuart Machin unveils a new-look Pantheon the retailer has fashion and overseas challenges aheadWire*·August 2, 2026
Kremlin connections: the Russia links to a £600m UK theme parkFrench company Puy du Fou worked with a sanctioned oligarch on plans for a Crimea resort longer than disclosed, and later courted Iran and ChinaWire*·August 2, 2026
UK’s state investments agency hit by data breach Security lapse leaves sensitive information and contact details of 51 government officials exposed for 40 hoursWire*·August 2, 2026
‘Worst we’ve known’: UK turns to imports as drought and heat hit vegetable cropsGrowers in dismay after scorching weather and lack of rain affect yields, sending wholesale prices rocketingWire*·August 1, 2026
Knickers in a twist: why M&S selling crotchless underwear isn’t as outrageous as it seemsSome have called it ‘S&M’, but partnership with Ann Summers is less a scandal than another step in a century of evolving underwear trends, experts sayWire*·August 1, 2026
Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PMLabour politicians say mutualised model puts public in control without adding debt to government’s balance sheetWire*·August 1, 2026
‘Proteinmaxxing’ could lead to higher prices for infant formula, say expertsWhey protein, a key infant formula ingredient, is in growing demand, partly linked to rising use of weight-loss drugsWire*·August 1, 2026
ECB official warns climate crisis poses growing threat to ‘core financial stability’Exclusive: As wildfires rage across Europe, Frank Elderson tells the Guardian nature loss poses a growing risk to the global economyWire*·August 1, 2026
Adani to pay no company tax despite $1bn revenue from Queensland coalmineIndian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royaltiesWire*·August 1, 2026
‘It ain’t the same’: inside the bitter battle to free Ben & Jerry’sBen Cohen says his ice-cream company has been silenced by corporate ownership – and a boycott of Magnum brands could force a saleWire*·July 31, 2026
BP puts North Sea oil and gas business up for saleMove will end six decades of production in area, as new CEO tries to simplify company and cut debtWire*·July 31, 2026