BBC ‘risks entering inescapable doom spiral’ as further cuts hit TV and radio
Warning from union comes as corporation cuts local specialist correspondent roles as part of plan to save £500m
Crime & Courts
EU says Trump plan to ban US diesel exports would ‘negatively impact both sides’
US president’s suggested 90-day export ban before midterm elections could bring even higher fuel prices across EuropeBusiness live – latest updatesThe EU has warned Donald Trump against plans to ban US diesel exports to…
Firms fined £1.3m after man killed by falling window from luxury property in London
Two companies have been fined a total of £1.3m over health and safety breaches after a coach driver was killed by a falling window pane.
Reported assaults on Great Britain’s railways rise by fifth in a year
Unions say record high of nearly 25,000, including assaults on rail workers and public, shows need for more staff and policing
TikTok drops appeal against £12.7m fine for not keeping under-13s off platform
TikTok will pay a £12.7m fine to the UK’s data watchdog after dropping an appeal against a ruling that it did not do enough to keep children below the age of 13 off the platform.
ECB Executive Board member Isabel Schnabel to resign to take senior role at IMF
Isabel Schnabel, member of the Executive Board and the Governing Council of the European Central Bank (ECB), has informed President Christine Lagarde that she will step down from her position on 3 January 2027.
Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
The troubled camera retailer Jessops has changed hands after AO World acquired the business from the Dragons’ Den star Peter Jones.
Housebuilder Vistry slashes profit forecasts as losses balloon
Vistry Group, one of Britain’s biggest housebuilders, has cut its annual profit expectations after half-year losses ballooned as it grappled with a £600m pile of unsold homes.
Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket
Sales of Chinese hybrid cars have rocketed in the EU in the past four and a half years, new data shows, underlining growing concerns in Brussels over the future of the European car industry.
Philip R. Lane: The outlook for the euro area economy
It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…
Japanese 10-yr bond yields soar to 30-yr high amid bets on more rate hikes
According to some veteran Wall Street analysts, the most favorable combination for the market is a small rate hike accompanied by a clear data-dependent stance, allowing investors to interpret it as a limited and modera…
Judge orders Trump to restore White House media access to banned outlets
Federal Judge Timothy Kelly has ordered the Trump administration to temporarily reinstate CNN, MS NOW and Politico’s access to the White House after they were banned from the premises by President Donald Trump.
Australia launches investigation after OpenAI agent hacked healthcare database
Anthony Albanese says an artificial intelligence agent developed by OpenAI hacked Medicare in June and the tech giant notified the government earlier this month using an email sent to a “public mailbox”.
UK losing up to £6.5bn a year in EU trade due to mismatched product rules
The UK is losing out on annual exports to the EU that could be worth as much as £6.5bn without a deal with Brussels that allows manufacturers to jettison duplicate product testing.
U.S., China agree to extend trade truce until January, Bessent says
The United States and China have agreed to extend a bilateral trade truce that was set to expire in November through Jan. 10, Treasury Secretary Scott Bessent said Wednesday.
Bentley launches first fully electric car – with fake engine sounds to replace classic growl
Bentley is launching its first fully electric car – complete with a drum soundtrack to replace the growl of a combustion engine – as part of a £350m investment in its UK business.
‘We hope he’ll accept’: US invites Putin to G20 summit at Trump golf club
The United States has invited Vladimir Putin to take part in the meeting of the G20 scheduled in Miami in December in what would be the first major summit with the Russian leader present since he launched his invasion o…
UK defence contractors to offer 40,000 apprenticeships, placements and jobs
Wes Streeting says he leads a ‘ministry for growth’ as Labour seeks to show more defence spending will create UK jobs
McDonald’s to take on KFC and rivals as Gen Z flock to fried chicken
McDonald’s is betting on fried chicken as health concerns and the rising price of beef shift dining habits.
White House calls report of 90-day diesel exports ban "fake news"
Energy Secretary Chris Wright said Wednesday the Trump administration plans to steer clear of an outright ban on diesel exports as prices soar during wars abroad — rejecting a Politico report saying the White House is p…
SEC Publishes Updated Market Statistics, Highlighting Increase in IPOs and Proceeds Raised
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
Germany pledges to phase out fossil fuels for first time with target of 2045
Europe’s biggest economy, Germany, has committed to phasing out fossil fuels by 2045, despite fierce debate about its green policies.
SEC Charges South Florida Resident and His Company for Alleged Investment Scheme Defrauding Law Enforcement
F. Joseph Warin is partner and chair of the litigation department at the Washington D.C. office of Gibson, Dunn & Crutcher LLP. The following post is based on a Gibson Dunn publication.
Philip R. Lane: The Outlook for the Euro Area Economy
It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…