Record profits, terrible service: something’s got to give for US consumers
Experts say consolidation and market power have left consumers paying more for less
Economy
Euro weakens for third day as Fed hike repricing eclipses German IFO improvement
EUR/USD extends its decline on Wednesday and trades around 1.1340 at the time of writing, down 0.39% on the day, as the US Dollar (USD) benefits from renewed support driven by expectations of additional monetary tighten…
Bedford crash occurred after train passed red signal and was not stopped, investigators believe
Interim report says other train it hit had halted on line because warning system wrongly caused it to brake
Train passed red signal before fatal crash - report
A train driver killed in a crash in Bedfordshire passed a red signal moments before the collision, investigators said.
Why are there holiday delay warnings over the EU's new border system?
There have been warnings of queues at airports in Europe this summer because of the EU's new digital border control system.
‘Extremely overwhelmed’: apartment renters face rising tide of fees
Guardian investigation: Renters at apartment buildings operated by industry giant Greystar complain they’re deluged by ‘unfair’ and ‘inflated’ fees. The company denies these claims
ECB reports on progress towards euro adoption
Limited progress has been made by the non-euro area Member States of the European Union (EU) on economic convergence with the euro area since 2024, according to the 2026 Convergence Report of the European Central Bank (…
Heatwave pushes Great Britain’s grid operator to call for extra electricity from power plants
Neso issues rare summer warning for Wednesday evening, as households turn on fans and air conditioning
Why are there holiday delay warnings over the EU's new border system?
The EU's new digital border system, which requires fingerprints and photos alongside a passport scan, became fully operational on 10 April.
Cars in Europe have grown average 1.2cm longer every year since 2000
Analysis of new vehicles shows steady ‘car bloat’ that researchers say could cause extra 2,600 crash deaths a year by 2040
UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival
FTSE 100 firm says Prologis all-share proposal turned down as it falls long way short of its own views on value
Meta pauses employee tracker for AI training amid privacy concerns
Mark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash.
‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies
The writer who coined the word ‘enshittification’ tells us why AI will never deliver what it promises – and why it still appeals so much to those in power
Dettol apologises after ‘toxic men’ advert sparks backlash in China
British disinfectant brand withdraws advert about a man’s efforts to find a ‘clean and untouched’ woman
Commodity traders offer £1m to crisis fund after FCA competition probe
The FCA is concerned 11 traders may have shared sensitive information or coordinated trades, potentially restricting competition.
Farm workers at high risk amid screwworm outbreak in US south-west
Those who work with animals are at greater risk for infection, but face challenges in accessing healthcare
Megan Greene's CV and questionnaire for the Treasury Select Committee
The Prudential Regulation Authority (PRA) has today published a consultation on the internal model approach to market risk (IMA), which represents the final piece of Basel 3.1’s implementation in the UK.
US to probe petrol price gouging claims, Trump says
US President Donald Trump said on Wednesday that he has ordered an investigation into major energy companies, accusing them of "gouging" customers by not cutting petrol prices after the cost of crude oil fell on global …
Council tax debt rises to £9bn but here's how you can get help
More than £9bn is owed to councils in unpaid council tax as people continue to struggle with their finances - but some help is going unclaimed.
Council tax debt rises to £9bn but here's how you can get help
More than £9bn is owed to councils in unpaid council tax as people continue to struggle with their finances - but some help is going unclaimed.
How has Northern Ireland's economy fared since Brexit?
In two of Northern Ireland's port towns, the starkly different economic impacts of the 10 years since Brexit come to life.
Progressive economists reject Unite leader’s criticism of Ed Miliband
Sharon Graham is urged to withdraw her claim that the energy secretary would cost jobs if he became chancellor
Burnham likely to replace Reeves if he becomes PM
Andy Burnham is expected to replace Rachel Reeves as chancellor and offer her a more junior cabinet position if he becomes prime minister, the BBC understands.
Iceland joins TIPS for instant payments
The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow payments in Icelandic króna to be se…