Harvey Nichols warns it could collapse without rescue deal, as bidders circle
Mike Ashley’s Frasers Group is frontrunner to buy Knightsbridge-headquartered department store chain
Read more →Regulation
Thames Water faces row over £1m payment to finance chief
Thames Water has paid its chief financial officer, Steve Buck, a £1m signing fee despite intense scrutiny of Britain’s biggest water company’s finances as it tries to avoid being taken into public control.
Read more →UK manufacturers face rising hacking risk as survey shows 30% were hit last year
Nearly a third of British manufacturers have been hit by a cyber-attack on them or a company in their supply chain, according to a survey that highlighted the growing hacking risk to companies.
Read more →Cut £175 from energy bills for low-income homes, says thinktank
Labour should draw up an emergency plan to cut energy prices for low-income families by up to £175 this winter, the Resolution Foundation has said.
Read more →Burnham vows crackdown on ‘rip-off’ business practices to ease cost of living
Andy Burnham has promised a series of measures to tackle the cost of living, including a ban on fake discounts and making it easier for people to escape unwanted subscriptions.
Read more →London mayor orders council to drop plan to ban new pubs and bars in Soho and West End
Exclusive: Sadiq Khan urges Westminster council to adopt ‘positive vision of economic growth’ of nightlife
Read more →Chinese EV sales surge to new high in Europe putting tariffs under scrutiny
Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy.
Read more →Which economies and sectors are most exposed to AI earnings bust?
Twenty years ago, the U.S. economy morphed into a huge bet on the frothy housing market. The bubble’s animating narrative was simple: housing prices had been rising for a long time, and they would continue to do so. Ent…
Read more →Why the upcoming CPI report is a bigger event than last week’s jobs data
Sam Azzarello: Welcome to J.P. Morgan’s Making Sense. I’m Sam Azzarello, and today we’re diving into the ongoing U.S. government shutdown. With negotiations in full swing, the economic and market impacts are evolving, a…
Read more →Britain is paying the price for failing to invest in its young people | Richard Partington
Most people think Britain is not working as it should. For young people, the situation is at its most acute: only one in four believe that everyone in society has a fair crack . Most think the game is rigged.
Read more →Andy Burnham to tour Britain in effort to reconnect government with public
Andy Burnham is to undertake a national tour this coming week as he aims to improve the government’s connection with the British public during his premiership.
Read more →‘Like being in prison’: the ship crews stuck in Gulf since February
The panicked crew of a cargo ship broadcast a distress signal late on Monday night from their location in the strait of Hormuz . About 20 nautical miles north of the coast of Oman, the Minoan Pioneer bulk carrier was hi…
Read more →‘Watch The Odyssey for free online’: scam targets film fans with fake streaming sites
The Odyssey is the hottest release this summer and you have been looking forward to seeing the much-acclaimed adaptation of Homer’s epic ancient Greek poem. But you have been unable to go to the cinema, so when you spot…
Read more →Sweet, soft and strong: TikTok turns Japanese milk bread into latest UK food craze
Golden brown and glistening with melted butter, a tray of freshly baked bread fills the screen in a TikTok video. The camera lingers on the glossy tops before one bun is gently pulled apart, revealing a cloud-soft inter…
Read more →DPD temporary workers may have missed out on sick pay and pensions, internal documents show
Missing payments suggest employment laws may have been breached by recruitment agencies used by courier company
Read more →Iran sets tough terms for U.S. to reopen Strait of Hormuz despite progress in Oman
Iran has poured cold water on suggestions that a deal with the US is imminent, pointing to the confusion in US positions and Israeli interference as key factors in why a complete agreement is proving difficult to secure.
Read more →OpenAI to pause some work on AI model Astra due to security concerns
OpenAI will pause some work on an artificial intelligence model because of security concerns, the company stated on Friday, following a series of incidents in which AI agents have escaped containment.
Read more →Private pensions are a publicly subsidised gift to the wealthy | Phillip Inman
Private pensions are a privilege for the lucky few and a curse for everyone else. Sold as a saviour for what would otherwise be a ruinous old age, they have become pernicious financial vehicles that allow an older gener…
Read more →Bar fight: Hugo cocktail takes aim at Aperol in UK summer of spritz
It’s the summer of spritz as British sales figures show the Hugo elderflower cocktail snapping at the heels of the market-leader Aperol to be this year’s favourite drink.
Read more →Google DeepMind enters a new era as co-founder Demis Hassabis shifts AI role
When Sir Demis Hassabis said AI had brought the world to a “pivotal moment in human history” last month, he knew another big change was imminent.
Read more →Can Harvey Nichols find its way back to being Absolutely Fabulous again?
Such was the buzz around Harvey Nichols in its 90s heyday that the department store was regularly name-checked in Absolutely Fabulous, with Edina and Patsy’s frequent retail therapy trips to the store reflecting its pos…
Read more →Train operators to crack down on ‘donutters’ and other digital ticket cheats
There is more than one way to commit fraud and, for some rail travellers, it has been as simple as a couple of taps on their phone as their train approaches its destination.
Read more →Fifa president Gianni Infantino denies claims Uefa paid off alleged ‘lover’
Uefa has confirmed a “departure payment” was made to a female employee who is alleged to have been in a relationship with Gianni Infantino while he was the organisation’s general secretary, allegations Fifa has dismisse…
Read more →‘The market is dead’: why aren’t flats in England selling?
Figures show most leasehold flats in England do not find a buyer within six months, despite slashed prices
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