Boss of £300m used-car firm was ousted after ‘orchestrated plan’ by investors, judge rulesMultimillionaire Peter Waddell is also found to have been properly dismissed from Big Motoring World for gross misconductWire*·July 31, 2026
FTSE 100 on track for best month since first US attacks on Iran five months ago – as it happenedLive, rolling coverage as London’s biggest companies defy Middle East disruption and UK petrol prices rise to around £1.60 per litre, the highest since Donald Trump ordered renewed strikesWire*·July 31, 2026
Sainsbury’s to sell Argos to three retail veterans in £120m dealTrio set up Swift Partners for the acquisition, allowing supermarket to focus on core food businessWire*·July 31, 2026
UK house prices up just 0.1% in July as buyers remain cautious on interest ratesPrice of average home now £277,542, up from £277,484 the previous month but lower than in May, says NationwideWire*·July 31, 2026
HSBC to close all branches and pull out of Australian retail banking marketLondon-based company to sell local loan portfolio to Blackstone but will continue private and institutional banking servicesWire*·July 31, 2026
The outlook gets better and better at Rolls-RoyceWith fingers in various highly lucrative pies, maybe the firm becoming LSE’s most valuable isn’t as fanciful as it seemsWire*·July 30, 2026
Bank of England holds interest rates at 3.75% as inflation fears mountSplit vote comes as Iran war is rekindled and oil price climbs close to $90 a barrelWire*·July 30, 2026
Profits boost for UK defence firms as governments increase spendingShares in Rolls-Royce jump by 5% after it lifts earnings guidance, while BAE Systems also upgrades profit forecastsWire*·July 30, 2026
Bank of England holds interest rates despite Iran war inflation threat - as it happenedLive, rolling coverage of business, economics and financial markets as three members of monetary policy committee vote to raise ratesWire*·July 30, 2026
US economy grows sluggish 1.5% in second quarter as inflation tops Fed targetConsumer spending remained resilient even as policymakers kept interest rates on holdWire*·July 30, 2026
Only the Middle East crisis is preventing a drop in UK interest rates Bank’s wariness about inflationary pressures from the conflict lie behind decision to hold steady at 3.75%Wire*·July 30, 2026
HMRC fines Airbus £6.4m for breaching rules on export of sensitive technologyManufacturer self-reported the offences in the tax authority’s largest such out-of-court settlementWire*·July 30, 2026
Lloyds Bank to cut £2bn in costs as part of AI-powered strategyChief executive says the four-year plan will lead to greater efficiency but gives no details of potential job lossesWire*·July 30, 2026
US borrowing costs hit 19-year high as Fed holds interest ratesBank’s chair pledges to keep up fight against inflation but decision brings fears of a failure to keep paceWire*·July 30, 2026
Shell’s profits more than double after jump in oil and gas pricesEnvironmentalists renew calls for windfall tax to support households after Q2 earnings rise to almost $10bnWire*·July 30, 2026
Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be easedWire*·July 30, 2026
Fed holds interest rates steady despite Trump’s renewed calls to lower themRates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up againWire*·July 29, 2026
FTSE 100 hits record high despite AI sell-off Strong corporate results buoy market as investors move money away from tech and semiconductor stocksWire*·July 29, 2026
The likelihood of the RBA raising interest rates has fallen. Have we finally come to our senses?The latest inflation figures have put off the expectation of another rate rise until early next year – unless we look for an excuse for the RBA to move earlierWire*·July 29, 2026
Oil jumps after Iran attempts ‘surprise attack’; chip stocks slump further as AI sell-off continues – as it happenedRolling coverage of the latest economic and financial newsWire*·July 29, 2026
BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivalsLayoffs will come in admin and development divisions in Germany, with production operations unaffectedWire*·July 29, 2026
Greggs sales jump as iced matcha lattes and chicken rolls become heatwave hitsRise to £1.1bn in first six months of year for bakery chain largely down to opening of new storesWire*·July 29, 2026
‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holdersABS data shows inflation still too high but tracking lower than anticipatedWire*·July 29, 2026
UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analystsLeading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’Wire*·July 28, 2026
South Korean stock market at three-month low as AI sell-off intensifiesSamsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competitionWire*·July 28, 2026
