Homes in England with kitchens that open on to the garden – in pictures
A country house and estate that has had a huge price reduction leads our round-up this week.
Economy
Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?
Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’
3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom
Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits
Christine Lagarde: Interview with Les Échos
On 11 June, the ECB raised its key interest rates. Do you still think that was the right decision, given that just ten days later Iran and the United States agreed a 60-day ceasefire?
Nigel Farage reported to standards watchdog over ‘crypto lobbying’
Commissioner asked to investigate Reform UK leader after private meeting with Bank of England governor
Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.
The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:
Piero Cipollone: The digital transformation of money, payments and finance
For centuries, central banks have issued money and safeguarded its value. That mandate has not changed.
Conflicts of interest? Trump only has one interest: himself | Robert Reich
The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folks
FCA ordered to partly suspend car finance compensation scheme
Court orders financial watchdog to halt parts of £9.1bn scheme until challenges are heard, delaying payouts
Defra breached law when it let farmers use bee-killing pesticide, watchdog says
Office for Environmental Protection finds failures by department when it granted emergency authorisation in 2023 and 2024
US employers added just 57,000 new jobs in June, lower than expected
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declines
Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
European Commission invites air industry to urgent meeting to discuss concerns over new entry and exit system
Pension firms must do more for customers in older pensions and fund savings
The FCA has found that people holding legacy pension products, now closed to new savers, could be receiving poorer value than those in newer ones.
Fans in short supply as next UK heatwave approaches, says Currys
Retailer says sharp rise in fan sales over the latest heatwave weekend left stores scrambling to source stock
Frank Elderson: The green transition – benefits and barriers
In my speech today, I will talk about two factors that have recently contributed to inflation volatility and economic uncertainty in the euro area: war in the Middle East and risks arising from the climate and nature cr…
Ministers call for better tracking of teenagers at risk of dropping out of work or training in England
Councils and schools urged to do more as figures show there is no information on whereabouts of 32,100 ‘Neets’
Motor finance scheme partially suspended
The Upper Tribunal has made an order suspending parts of the scheme. We set out what the partial suspension means for firms and consumers.
All the whey up! A dairy byproduct is now the star of the ‘proteinmaxxing’ boom – but is demand too high?
As GLP-1s drive the current protein craze, a supplement once only taken by powerlifters is now so popular US producers are struggling to keep up
Bankers and unions set for clash over possible Burnham tax raid on UK banks
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’
Why is Nigel Farage being paid so much to promote a gold bullion company?
Reform UK leader was paid £270,000 for 12 hours’ work – but who is behind Direct Bullion and what does it do?
What are the new EU border checks and how will they affect your summer holiday?
Security checks due to new digital entry and exit system have caused delays and missed flights for holidaymakers
Payments Vision Delivery Committee update on future retail payments infrastructure
The Retail Payments Infrastructure Board (RPIB), led by the Bank of England, recently published a consultation on the future retail payments infrastructure.
OpenAI ‘in early talks to give 5% stake to US government’
CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says