FCA and Bank appoint members to their Transaction and Post-trade Reporting Harmonisation Taskforce
The FCA and Bank of England (Bank) have appointed members to their Transaction and Post-trade Reporting Harmonisation Taskforce.
Economy
Oil prices fall as US pauses strikes on Iran over strait of Hormuz
Oil prices have dropped sharply as traders bet that a pause in US attacks on Iran could prevent an escalation in the conflict that would further restrict global supply.
AstraZeneca boss urges western drugmakers to move at ‘Chinese speed’
AstraZeneca must operate at “Chinese speed” to ensure it does not suffer the fate of the western automotive industry by losing out to more innovative rivals, the drug company’s boss has said.
Outcomes monitoring: why understanding the consumer experience matters and where firms should focus
The Consumer Duty was designed to ensure firms were focussed on the outcomes that matter to their customers. Understanding the actual experiences of people and identifying potential harm are essential to delivering thes…
FCA secures majority of victims’ money back from convicted fraudster
Victims of convicted fraudster John Burford are set to recover the majority of the money they invested after the FCA obtained a confiscation order against him.
GB News pundit Matthew Torbitt pleads guilty to fraud while Labour aide
A GB News pundit has admitted fraud in relation to his parliamentary expenses when he was a Labour aide.
You don't need to pay to claim: FCA launches nationwide car finance campaign
Millions of car finance customers who may be owed compensation can get help making a complaint for free, as the FCA launches a national advertising campaign.
Boss of startup hacked by rogue OpenAI agent urges ‘radical transparency’ in investigation
The boss of the startup hacked by an OpenAI agent has called for the investigation into the incident to show “radical transparency”.
PM urged to uphold climate pledges made as mayor and ban new North Sea oil drilling
Leading climate scientists who created Greater Manchester’s carbon neutral by 2038 commitment are urging Andy Burnham to unequivocally reject new drilling in the North Sea.
Liberty embraces sewing boom with craft classes as it expands fabrics section
Liberty has more than doubled the size of its fabrics department as it prepares to embrace the social media interest in sewing by hosting crafting classes this autumn.
Heathrow expansion would take thousands of jobs from other UK regions, report finds
Expanding Heathrow airport will take thousands of jobs from other regions of the UK, including almost 10,000 from the West Midlands alone, according to an analysis of the government’s own forecasts.
Rising oil prices could force up UK interest rates, say economists
The Bank of England could be forced to tear up its economic forecasts and raise interest rates later this year if oil prices return to above $100 a barrel, according to City economists.
Would you choose £50,000 over the chance of £1m?
You have the choice of instantly receiving £50,000 or flipping a coin for a 50/50 chance of £1m.
Every new UK home should have air conditioning, say Liberal Democrats
All new UK homes should be built with air conditioning to cope with the effects of the climate crisis, according to the Liberal Democrats.
Water supply failure leaves Gatwick airport without working toilets
A water supply failure at Gatwick left passengers without access to working toilets or bars and restaurants.
V&A workers hold ballot to strike over pay and heatwave conditions
Workers at one of the world’s leading art and design museums are balloting for “heatwave” strike action.
Ed Miliband indicates development and climate will be at heart of UK foreign policy
Britain’s foreign secretary, Ed Miliband, is to indicate he will put the climate crisis and overseas development at the heart of UK international relations by taking up the country’s seat on the board at the World Bank.
Will prediction market ‘catch fire’ in UK, replicating US boom?
But in one living room in Reading, to the astonishment of his 16-year-old son, a football clairvoyant appeared to know exactly what would happen next.
Electrolyte lemonade to probiotic pop: do the new generation of ‘functional drinks’ live up to the hype?
They make grand claims about beauty benefits or extra energy – and even actor Gillian Anderson has her own brand. We investigate what they’re really doing – and put them to a taste test
‘Weekday games were amazing’: pubs toast extra £150m in World Cup sales
Late opening hours and England’s progress to the semi-final of an expanded World Cup helped provide the best football-related uplift of recent years for pubs, figures suggest.
‘Burnham bounce’ risks deflating unless focus remains on struggling households | Richard Partington
A “Burnham bounce” , sunshine and a strong World Cup run for the England men’s football team. Could this be a turnaround moment for Britain’s struggling consumer economy or yet another false start for the UK’s splutteri…
‘I never thought I’d fall for a scam’: the fake Spotify emails that put you at risk of fraud
You have had a Spotify account for years and your credit card is linked for the monthly payments. When an email arrives telling you that your payment couldn’t be processed you are not surprised as the expiry date on the…
Family of former Vodafone manager found drowned call for ‘Adrian’s law’ to protect franchisees
Adrian Howe’s family believe that fears his deal would be financially ruinous led him to kill himself
Police investigate payments to Reform UK first revealed by The Guardian
Payments to Reform UK first revealed by the Guardian are now being investigated by the Metropolitan police.