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Running a small business has become almost impossible | Letter
https://www.theguardian.com/business/2026/jun/14/running-a-small-business-has-become-almost-impossible
Published: June 14, 2026 16:15
Rosie Wolfenden says that under the current tax system, and with rising costs, traditional business models are no longer viableThank you, Anita Chaudhuri, for writing about a crisis that is unfolding before our eyes and urgently needs the government’s…
Starmer to announce ‘Australia plus’ ban on social media for under-16s
https://www.theguardian.com/uk-news/2026/jun/14/starmer-to-announce-australia-plus-ban-on-social-media-for-under-16s
Published: June 14, 2026 15:05
Sources say hardline measures will also prevent young users from being able to talk to strangers on gaming appsKeir Starmer will ban under-16s from major social media apps such as TikTok, Instagram and X in sweeping restrictions described as “Australia…
Ministers could give billions raised by business rates to England’s regions
https://www.theguardian.com/politics/2026/jun/14/ministers-could-give-billions-raised-by-business-rates-to-englands-regions
Published: June 14, 2026 15:00
Exclusive: devolving tax is part of plans to give local areas more power in areas including justice, health and educationMinisters are considering handing over billions of pounds raised by business rates to regional mayors as part of one of the biggest…
UK poised to water down 2030 EV sales targets after industry and union pressure
https://www.theguardian.com/business/2026/jun/14/uk-poised-water-down-2030-ev-sales-targets-industry-union-pressure
Published: June 14, 2026 12:37
Keir Starmer ready to overrule Ed Miliband after warnings manufacturers would be penalised and jobs put at riskThe UK government is poised to water down its 2030 targets for electric vehicle sales after intensive lobbying by the car industry and unions.The…
UFC to pay White House fighters in crypto issued by Trump company
https://www.theguardian.com/us-news/2026/jun/14/white-house-ufc-fighters-crypto
Published: June 14, 2026 12:20
Some fighters will receive bonuses in ‘stablecoins’ issued by Trump family business World Liberty FinancialThe Ultimate Fighting Championship (UFC) announced on Friday that it will pay bonuses to fighters in a form of cryptocurrency issued by Trump family…
British forces intercept Russian shadow fleet vessel – video
https://www.theguardian.com/uk-news/video/2026/jun/14/british-forces-intercept-russian-shadow-fleet-vessel-video
Published: June 14, 2026 11:49
British armed forces intercepted and boarded a Russian shadow fleet oil tanker in the Channel in the early hours of Sunday, the prime minister, Keir Starmer, has confirmed. According to the tracking website Marine Traffic, the vessel is now anchored off…
Elon Musk and co may relish march of the robots but there must be AI boundaries in the workplace | Heather Stewart
https://www.theguardian.com/business/2026/jun/14/ai-technology-workplace-boundaries-elon-musk
Published: June 14, 2026 11:03
As such technology advances quickly, firms should not lose sight of what qualities humans bring to jobsA robot magician called D4YRL was rejected as a member of the Magic Circle last week, for being insufficiently human.While D4YRL’s tricks were exemplary,…
Jamaican beach access campaigners go to court to fight privatisation of coast
https://www.theguardian.com/news/2026/jun/14/jamaica-beach-access-court-fight-privatisation-coast
Published: June 14, 2026 11:00
Activists are challenging colonial-era law and demanding ‘free, legal, unfettered, forever rights’ to use beachesJamaica’s beach access crisis: ‘We shouldn’t be forced to fight for what is already ours’Campaigners in Jamaica are heading to court next week…
‘People start connecting the dots’: why an investment fund is rewilding a North Yorkshire estate
https://www.theguardian.com/environment/2026/jun/14/why-investment-fund-rewilding-north-yorkshire-estate-rebalance-earth
Published: June 14, 2026 11:00
Rebalance Earth is investing in Broughton Sanctuary to generate financial, environmental and social returnsFrom a high point on the hill, the North Yorkshire landscape unrolls below. The moorland above gives way to grassland, trees and then pasture,…
‘A beautiful display of love’: company launches DIY funeral shroud cover kit
https://www.theguardian.com/society/2026/jun/14/devon-company-kit-funeral-shroud-covers
Published: June 14, 2026 10:00
Founder of Bellacouche in Devon says personalised covers tap into growing interest in alternatives to traditional funeralsIn the days leading up to his wife Claire’s death, Andrew Kent sat with her and talked about fabric leaves. She wanted them in…
‘It’s going to be extremely hot’: workers imperiled as sweltering World Cup temperatures are forecast
https://www.theguardian.com/us-news/2026/jun/14/world-cup-heat-workers
Published: June 14, 2026 10:00
It could top 90F in several cities hosting World Cup games – and workers could pay the price with their healthAs the World Cup kicks off, labor advocates and scholars warn that the workers making the tournament possible could face serious heat-related…
London startup to trial drug to prevent cancer therapy side-effect ‘cytokine storm’
https://www.theguardian.com/business/2026/jun/14/london-trial-drug-prevent-cancer-cytokine-storm-poolbeg-pharma
Published: June 14, 2026 10:00
Poolbeg Pharma to test the treatment in NHS hospitals and says it is also developing a GLP-1 weight loss pillA London-based startup is about to trial a drug at six NHS hospitals that could stop people on cancer immunotherapy getting a life-threatening…
British armed forces intercept Russian shadow fleet oil tanker in Channel
https://www.theguardian.com/uk-news/2026/jun/14/british-forces-intercept-russian-shadow-fleet-vessel-english-channel
Published: June 14, 2026 08:31
Keir Starmer says operation involving UK armed forces has delivered ‘yet another blow’ to Russia and PutinBritish armed forces intercepted and boarded a Russian shadow fleet oil tanker in the Channel in the early hours of Sunday, Keir Starmer has…
‘I should know better’: tech expert lost £70,000 in one simple phone call
https://www.theguardian.com/money/2026/jun/14/i-should-know-better-tech-expert-lost-70000-in-one-simple-phone-call
Published: June 14, 2026 06:00
After falling for a scam call, ‘The Tech Chap’ host Tom Honeyands realised he’d given away vital details in social media postsWhen Tom Honeyands realised he had been defrauded out of £70,000 he was furious and embarrassed – and left wondering if he had…
Minister defends changes to UK workers’ rights against costs backlash
https://www.theguardian.com/law/2026/jun/14/minister-kate-dearden-defends-uk-workers-rights-reforms-business-backlash-costs
Published: June 14, 2026 06:00
Kate Dearden says reforms such as enhanced sick pay simply bring UK into line with other big economiesLabour’s radical workers’ rights reforms have simply put the UK on a “level playing field” with other big economies, the employment minister, Kate…
How Brexit has made Britain poorer – in charts
https://www.theguardian.com/politics/2026/jun/14/how-uk-economy-changed-since-brexit-vote-charts
Published: June 14, 2026 05:00
Forecasters were wrong about an immediate recession but right that we would be worse off outside the EUAs the 10th anniversary of the Brexit vote approaches, the verdict on Britain’s economic performance is clear: voting to leave has resulted in severe…
Bran flakes could be classed as junk food under new healthy eating guidelines
https://www.theguardian.com/business/2026/jun/13/bran-flakes-classed-junk-food-uk-guidelines-to-promote-healthy-eating
Published: June 13, 2026 22:55
UK government wants to update rules to include naturally occurring ‘free sugars’ when determining what is unhealthyBran flakes may be classed as junk food under new government reforms designed to promote healthy eating.Britain has for decades been one of…
UK and Japan set to agree investment deal worth £18bn
https://www.theguardian.com/politics/2026/jun/13/uk-and-japan-set-to-agree-investment-deal-worth-18bn
Published: June 13, 2026 22:39
Keir Starmer says commercial and government agreements will create tens of thousands of jobs and drive developmentsThe UK and Japan are set to agree £18bn worth of investment, creating tens of thousands of jobs.Prime minister Keir Starmer will welcome his…
One Stop shop worker sacked after trying to tackle suspected shoplifter
https://www.theguardian.com/business/2026/jun/13/one-stop-shop-worker-sacked-after-trying-to-tackle-suspected-shoplifter
Published: June 13, 2026 22:09
Convenience store employee Eileen Fox, 56, said suspect ‘banged into metal stand’ but no one was injured in incident• Waitrose employee sacked after stopping shoplifter from taking Easter eggsA convenience store worker was sacked after trying to tackle a…
Fraudster jailed after scamming London renters out of £77,000
https://www.theguardian.com/uk-news/2026/jun/12/fraudster-jailed-scamming-london-renters
Published: June 13, 2026 16:38
Frederic Priestley, 34, falsely advertised property he did not own for rent on Facebook, obtaining payments and depositsA man has been jailed after defrauding more than 30 people out of more than £77,000 in a rental scam, police said.Frederic Priestley,…
The case for Labour to introduce a wealth tax has never been stronger | Phillip Inman
https://www.theguardian.com/politics/2026/jun/13/labour-introduce-wealth-tax-case-never-been-stronger
Published: June 13, 2026 15:00
A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequalityAndy Burnham and Wes Streeting have sought to blunt the Green leader Zack Polanski’s popularity with a hint that a government run by either of them,…
Anthropic to disable its most advanced AI models after US order limiting foreign access
https://www.theguardian.com/technology/2026/jun/13/anthropic-disable-advanced-ai-models-us-government-order
Published: June 13, 2026 12:37
Company said US government believes safeguards can be bypassed and product used to identify software vulnerabilitiesAnthropic said it will “abruptly disable” its most advanced AI models for all users after the US government ordered it to suspend access to…
Jeff Bezos’s Blue Origin says it will fly again this year after explosion. Nasa needs it to
https://www.theguardian.com/science/2026/jun/13/jeff-bezos-blue-origin-nasa-aretemis
Published: June 13, 2026 12:00
The company’s response to the launchpad blast has become a key test for Artemis IIIAs Blue Origin tells it, the most spectacular launchpad explosion in recent memory, which destroyed its pioneering New Glenn space rocket last month and severely damaged…
Ask for help, take chances and be kind to yourself: readers’ tips for young jobseekers
https://www.theguardian.com/money/2026/jun/13/readers-advice-young-job-seekers
Published: June 13, 2026 12:00
People with careers in the UK and beyond offer practical advice for those struggling to secure workAbout 1 million 16- to 24-year-olds in the UK are not in employment, education or training, and a recent report said this could rise to 1.25 million by the…
UK sets out AI infrastructure push at London Tech Week – how does it stack up?
https://www.theguardian.com/technology/2026/jun/13/uk-ai-hardware-london-tech-week-investment-chips
Published: June 13, 2026 11:01
Government announces plans to invest billions, but questions linger over how its proposals on chips, social media and more will workOwnership of the commanding heights of the AI economy is a political talking point around the world, as countries seek to…
Travel insurance: don’t let a health condition derail your holiday plans
https://www.theguardian.com/money/2026/jun/13/travel-insurance-dont-let-a-health-condition-derail-your-holiday-plans
Published: June 13, 2026 09:00
A medical issue can send quotes for cover soaring but it is not worth risking going abroad without a policy“I nearly fell over when I saw the travel insurance quote,” says the retiree Bernie Lawrence. The 77-year-old from Fleet, Hampshire, says that after…
‘We eat and drink risk’: higher costs bring curtain down on more UK music festivals
https://www.theguardian.com/business/2026/jun/13/uk-music-festivals-higher-costs-secret-garden-party-womad-glasgow
Published: June 13, 2026 09:00
Plans for new event at the Secret Garden Party site and Womad Glasgow are dashed, but others remain optimisticHosting Scotland’s first Womad festival seemed like an easy sell for Glasgow, the country’s gig capital and self-proclaimed “dynamic global hub…
Public control of water and energy at heart of Burnham agenda, sources say
https://www.theguardian.com/politics/2026/jun/13/andy-burnham-public-control-essentials-water-energy
Published: June 13, 2026 06:00
Exclusive: Greater Manchester mayor ‘serious’ about taking over ‘essentials of life’ if he becomes PM, a move critics say could cost taxpayer billions A decade-long project to bring water and energy into public control will lie at the heart of Andy…
How doing a wash while you watch the World Cup at 2am could cut energy bills
https://www.theguardian.com/money/2026/jun/13/how-doing-a-wash-while-you-watch-the-world-cup-at-2am-could-cut-energy-bills
Published: June 13, 2026 06:00
Change in viewing habits offered by match times at 2026 tournament could mean using cheaper off-peak powerWatching late-night or early hours football could provide UK households with a practical opportunity to cut their energy bills, as even just doing the…
Pro-Palestine activists sentenced as terrorists over damage at Israeli arms factory in UK
https://www.theguardian.com/uk-news/2026/jun/12/palestine-action-activists-sentenced-terrorists-damage-elbit-systems-uk-israel
Published: June 12, 2026 17:23
Four found guilty will face tougher conditions as judge says actions were ‘designed to intimidate the UK government and a section of the public’Four Palestine Action activists who smashed up drones and other equipment at an Israeli arms manufacturer’s UK…
US consumer sentiment improves in June due to easing gas prices
https://www.theguardian.com/business/2026/jun/12/consumer-sentiment-june-data-gas-prices
Published: June 12, 2026 16:23
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey showsEasing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at…
Can Starmer’s late-night World Cup openings help Britain’s struggling pubs?
https://www.theguardian.com/business/2026/jun/12/world-cup-late-openings-britain-struggling-pubs
Published: June 12, 2026 15:00
While venues could stay open until 2am, rising costs remain a far bigger concern for many landlords Picture the scene: it’s 1am on a sultry July night and Jude Bellingham has just scored the decisive penalty to send England into the World Cup semi-final.…
Sam Bankman-Fried loses bid to appeal against fraud conviction in FTX case
https://www.theguardian.com/business/2026/jun/12/sam-bankman-fried-loses-appeal
Published: June 12, 2026 13:52
Decision to not overturn fallen crypto mogul’s 25-year prison sentence was handed down by three-judge panel Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency…
‘A long lunch is what we’re good at’: London bistro above a pub wins UK restaurant of the year
https://www.theguardian.com/food/2026/jun/12/bouchon-racine-bistro-above-london-pub-wins-uk-restaurant-year
Published: June 12, 2026 13:19
Bouchon Racine is old school, for lovers of traditional French cooking and boozy afternoons – it even aims to stop taking bookings onlineIf you are someone who consults social media to find the best spots for a weeknight dinner reservation, you’d be…
Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget
https://www.theguardian.com/politics/2026/jun/12/rachel-reeves-departmental-salami-slicing-uk-defence-budget-keir-starmer
Published: June 12, 2026 13:00
Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowingUK politics live – latest updatesBusiness live – latest updatesWhen Keir Starmer wanted to promise Donald Trump that the UK would increase defence…
Oil prices plummet as Trump claims he is close to US-Iran deal
https://www.theguardian.com/business/2026/jun/12/global-oil-prices-trump-us-iran-deal-brent-crude-strait-of-hormuz
Published: June 12, 2026 11:07
Brent crude falls as optimism rises strait of Hormuz could reopen over the weekendBusiness live – latest updatesGlobal oil prices fell on Friday to lows not seen since the first week of the Iran crisis after Donald Trump claimed he was close to reaching a…
A solar-powered rubbish-eating boat? The vessel chomping plastic waste out of the sea
https://www.theguardian.com/environment/2026/jun/12/solar-powered-rubbish-eating-boat-plastic-waste-sea
Published: June 12, 2026 11:00
Guided by floating barriers, the Interceptor has already stopped more than 143,000lbs of rubbish from entering the Pacific from one LA riverOn an overcast June morning, I step from the rubber-sided Zodiac boat on to a floating barge at the mouth of Ballona…
Barclays to buy GoHenry kids’ debit card and money app
https://www.theguardian.com/business/2026/jun/12/barclays-buy-gohenry-children-debit-card-money-app-acorns
Published: June 12, 2026 10:15
High street bank to buy UK business from US fintech company Acorns as it targets young peopleBusiness live – latest updatesBarclays is to buy an app designed to help children understand and manage their money, as it targets young people in affluent…
Behind the scenes at OpenAI HQ: the Stephen Collins cartoon
https://www.theguardian.com/lifeandstyle/picture/2026/jun/12/behind-the-scenes-at-openai-hq-the-stephen-collins-cartoon
Published: June 12, 2026 09:30
Continue reading...
After SpaceX’s huge IPO, Americans’ financial future will be bound to AI
https://www.theguardian.com/business/2026/jun/12/ai-ipos-stock-market
Published: June 12, 2026 09:00
They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfoliosAmericans are growing worried about what artificial intelligence portends for their futures. Eight in 10 Americans report concern over AI,…
Paddy Power owner Flutter to scrap listing on London Stock Exchange
https://www.theguardian.com/business/2026/jun/12/paddy-power-flutter-entertainment-delist-london-stock-exchange
Published: June 12, 2026 07:25
Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock marketBusiness live – latest updatesThe gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in…
Has the US really carried out a secret mission to get oil through Hormuz?
https://www.theguardian.com/world/2026/jun/12/us-secret-mission-oil-hormuz-trump-iran-blockade
Published: June 12, 2026 07:00
Trump says hundreds of tankers have escaped Iran’s blockade. Data suggests shipments are increasing but many questions remainDonald Trump has claimed that the US has been conducting a “secret mission” in the strait of Hormuz to help Gulf petrostates bypass…
SpaceX to list on US stock market today after raising $75bn in largest IPO ever – business live
https://www.theguardian.com/business/live/2026/jun/12/spacex-float-us-stock-market-share-elon-musk-trillionaire-largest-ipo-ever-live-news-updates
Published: June 12, 2026 06:56
Rolling coverage of SpaceX’s record-breaking initial public offeringThe SpaceX IPO also led to an unusual protest yesterday in New York.A 40-foot high giant inflatable of Elon Musk, smiling and shirtless, appeared at Times Square. It was created by the…
UK economy shrank by 0.1% in April as Iran war held back growth
https://www.theguardian.com/business/2026/jun/12/uk-economy-gdp-shrank-april-iran-war-held-back-growth
Published: June 12, 2026 06:31
GDP hit by higher energy prices caused by Middle East conflict, after 3% rise in MarchThe UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show.As energy prices have risen as a result of the…
Homes for sale in cultural hotspots in England and Scotland – in pictures
https://www.theguardian.com/money/gallery/2026/jun/12/homes-in-cultural-hotspots-for-sale-in-england-and-scotland-in-pictures
Published: June 12, 2026 06:11
From a new-build in the UK’s only Unesco city of media arts to a buzzing area in London famous for its street art Continue reading...
Diane Keaton’s nail clippers for $960: what’s behind the new boom in celebrity estate auctions?
https://www.theguardian.com/film/2026/jun/12/diane-keaton-dead-celebrity-auctions
Published: June 12, 2026 06:00
With beloved stars’ personal items increasingly up for grabs after they die, a new generation of fans are bidding on everything from bowler hats to dog bowlsFrom Diane Keaton’s bowler hats and polka dot scarfs, to Gene Hackman’s used paint brushes, to…
Record number of young people fear long-term unemployment
https://www.theguardian.com/society/2026/jun/12/young-people-fear-long-term-unemployment-work
Published: June 11, 2026 23:01
Report says confidence among 16- to 21-year-olds has fallen sharply as they doubt hard work will be rewardedYoung people in England are increasingly “losing faith in their futures” according to a report, as record numbers fear long-term…
Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims
https://www.theguardian.com/technology/2026/jun/11/elon-musk-engineer-fired-grok-lawsuit
Published: June 11, 2026 15:47
Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbotA former engineer at Elon Musk’s xAI who now heads a thinktank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX…
SpaceX heads for record $1.78tn float amid fears it is overvalued
https://www.theguardian.com/science/2026/jun/11/spacex-record-178tn-float-fears-overvalued-elon-musk-ipo
Published: June 11, 2026 15:33
Analysts say IPO that could make Elon Musk the world’s first trillionaire has a ‘major disconnect’ on price Elon Musk’s SpaceX is set to launch the biggest stock market float in history amid warnings that it may be overvalued.The space exploration,…
Global growth is slowing to lowest level since pandemic, says World Bank
https://www.theguardian.com/business/2026/jun/11/global-growth-slow-lowest-level-pandemic-world-bank
Published: June 11, 2026 13:30
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East Global economic growth will slow to 2.5% this year as a result of the war in the Middle East – the weakest since the Covid pandemic – as…
BT boss takes home £5.6m as pay and bonus package more than doubles
https://www.theguardian.com/business/2026/jun/11/bt-chief-executive-allison-kirkby-pay
Published: June 11, 2026 13:08
Allison Kirkby pocketed the payment after BT’s share price surged nearly 80% The chief executive of BT saw her pay and bonus package more than double last year to £5.6m, the biggest pay award to a boss of the telecoms company in more than a decade.Allison…
ITV says World Cup is a ‘six-week Super Bowl’ for advertising
https://www.theguardian.com/business/2026/jun/11/itv-world-cup-super-bowl-tv-advertising
Published: June 11, 2026 12:15
Broadcaster reveals its revenues from expanded tournament are running about 30% higher than for Euro 2024The World Cup will be the most lucrative sports event ITV has ever aired, the broadcaster has said, with bosses calling the tournament a “six-week…
Hugo Boss shares jump as it says it will ‘thoroughly examine’ Frasers offer
https://www.theguardian.com/business/2026/jun/11/hugo-boss-shares-frasers-offer-mike-ashley-takeover
Published: June 11, 2026 08:40
Mike Ashley retail group made near-€2bn takeover bid for fashion house, in which it already has 26% stakeBusiness live – latest updatesShares in Hugo Boss jumped nearly 7% on Thursday after it said it would “thoroughly examine” a near-€2bn takeover offer…
Ryanair blasts ‘bogus’ investigation into its fees to seat parents with children – business live
https://www.theguardian.com/business/live/2026/jun/11/ryanair-investigation-seating-children-eurozone-interest-rates-middle-east-oil-uk-housing-live-news-updates
Published: June 11, 2026 07:27
Rolling coverage of the latest economic and financial newsElsewhere in the travel world, Heathrow has reported a drop in passengers in May as the Middle East crisis hits demand.May passenger numbers at Heathrow were down by 1.2% year-on-year last month,…
Millions of homes in London, Essex and Kent at risk of sinking as climate crisis worsens
https://www.theguardian.com/environment/2026/jun/11/millions-homes-london-essex-and-kent-sinking-climate-crisis-subsidence
Published: June 11, 2026 05:00
Analysis pinpoints areas most vulnerable to hotter, drier weather causing ground to shrink and drag foundations downMillions of homes are at risk from climate-related subsidence, according toan analysis by the British Geological Survey (BGS).As hotter,…
Young, ambitious and out of work: ‘I’ve gone from Oxford to zero jobs. It’s a bit of a fall’
https://www.theguardian.com/society/2026/jun/11/young-ambitious-out-of-work-unemployment
Published: June 11, 2026 04:00
About 1 million 16- to 24-year-olds are not in employment, education or training – and the obstacles they face are bigger than ever. Those unemployed for a year or more explain how they are copingThomas doesn’t leave the house much. Apart from walking his…
Into the HyperVerse: inside a crypto scheme that cost investors millions of dollars – documentary
https://www.theguardian.com/technology/video/2026/jun/11/hyperverse-documentary-crypto-scheme-ntwnfb
Published: June 11, 2026 02:02
When Guardian Australia senior reporter Sarah Martin heard a friend’s hairdresser had invested in a cryptocurrency scheme called HyperVerse and potentially lost all her money, she decided to investigate. She soon found many more members of the scheme, in…
Mike Ashley’s Frasers makes €1.98bn takeover bid for Hugo Boss
https://www.theguardian.com/uk-news/2026/jun/10/mike-ashley-frasers-198bn-takeover-offer-hugo-boss
Published: June 10, 2026 18:18
Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full controlMike Ashley’s retail group, Frasers, has launched a near-€2bn takeover offer for the German luxury fashion brand Hugo Boss.The fashion and sportswear group,…
Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure
https://www.theguardian.com/business/2026/jun/10/inflation-report-rate
Published: June 10, 2026 17:37
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesDonald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third consecutive…
UK minister defends changes to student loans as criticism mounts
https://www.theguardian.com/money/2026/jun/10/uk-minister-defends-changes-to-student-loans-as-pressure-grows-for-reforms
Published: June 10, 2026 17:25
Lucy Rigby says heavily subsidised system gives the government the right to alter terms of existing agreementsMinisters have rejected accusations that recent changes to student loans are unfair, arguing that they are so heavily subsidised that the…
Pay what you wish: the restaurant where customers can eat for free – if their conscience lets them
https://www.theguardian.com/money/2026/jun/10/pay-what-you-wish-restaurant-where-customers-can-eat-free-if-conscience-lets-them
Published: June 10, 2026 16:23
Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still making a profitName: Pay what you wish.Age: Popular since the 00s, but dating back to at least the 80s. Continue reading...
Toby Carvery to pay for orchard planting after causing outrage by felling 500-year-old oak
https://www.theguardian.com/environment/2026/jun/10/toby-carvery-to-pay-for-orchard-planting-after-causing-outrage-by-felling-500-year-old-oak
Published: June 10, 2026 15:30
Restaurant chain took chainsaw to ancient oak tree in Enfield without permissionThe UK restaurant chain Toby Carvery has settled a legal dispute over taking a chainsaw to an ancient oak tree without permission, by agreeing to pay to restore a lost…
UK poised to ease steel tariffs as manufacturers warn of costs
https://www.theguardian.com/business/2026/jun/10/uk-ease-steel-tariffs-manufacturers-warn-costs
Published: June 10, 2026 13:11
Exemptions being considered after March announcement of measures to support domestic steel productionBusiness live – latest updatesMinisters are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would…
Weight loss drug users save over £400 on food as take-up triples
https://www.theguardian.com/business/2026/jun/10/weight-loss-drugs-grocery-bills-glp-1s
Published: June 10, 2026 11:37
Research suggests households that include a GLP-1 user collectively spent £780m less on grocery billsBusiness live – latest updatesWeight-loss drugs are saving users’ households more than £400 a year on grocery bills, according to a survey, which found use…
China’s BYD aims to be world’s biggest car firm within five years
https://www.theguardian.com/business/2026/jun/10/china-byd-car-firm-ev-maker-toyota
Published: June 10, 2026 09:59
EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in EuropeBusiness live – latest updatesThe Chinese car company BYD has said it aims to be the world’s biggest automaker within the next five years.Targeting…
Peter Kyle’s quest for UK’s first $1tn firm is honourable, but he is overselling state activism | Nils Pratley
https://www.theguardian.com/business/nils-pratley-on-finance/2026/jun/10/peter-kyle-uk-state-activism-bbb-nwf
Published: June 10, 2026 09:31
Peter Kyle exaggerates role of the British Business Bank and the National Wealth Fund in nurturing firmsIs the business secretary, Peter Kyle, suffering from SpaceX fever? It must be something of that sort because his launch this week of a “concierge…
Pub chain Fuller’s hopes for bumper summer of World Cup and staycations
https://www.theguardian.com/business/2026/jun/10/pub-chain-fullers-hopes-world-cup-england-matches
Published: June 10, 2026 09:10
Company says it has strong bookings for England matches and has spruced up gardens for domestic holidaymakersBusiness live – latest updatesThe boss of the pub and hotel chain Fuller’s has said that the evening kick-off times of World Cup matches will…
We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way | Olivier De Schutter and others
https://www.theguardian.com/commentisfree/2026/jun/10/economists-maths-growth-doomed-strategy-un-agencies-political-leaders
Published: June 10, 2026 08:00
Our roadmap has been shaped by experts across the world, from UN agencies to grassroots movements. We call on political leaders at all levels to use itWe live in an age of manufactured scarcity. In a world richer than ever before, roughly one 10th of the…
Asian stocks fall as US and Iran exchange fire – business live
https://www.theguardian.com/business/live/2026/jun/10/asian-stocks-fall-us-iran-exchange-fire-middle-east-strait-of-hormuz-oil-prices-latest-news-updates
Published: June 10, 2026 07:22
Rolling coverage of the latest economic and financial newsEuropean stock markets have opened broadly flat, as investors look ahead to a key US inflation reading due later this afternoon.The UK’s blue chip FTSE 100 index has ticked up 0.1%. The German Dax…
WH Smith to raise £100m as it warns on profits due to Iran war
https://www.theguardian.com/business/2026/jun/10/wh-smith-shut-stories-profit-warning-iran-war-airport-middle-east
Published: June 10, 2026 07:09
Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the…
Nothing says stupidity like Reform's obsession with destroying British jobs | George Monbiot
https://www.theguardian.com/commentisfree/2026/jun/10/reform-obsession-british-jobs-net-zero-oil-and-gas-fossil-fuel
Published: June 10, 2026 07:00
The net zero economy is booming, so claims that prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with fossil fuel interests, of courseReally? You want to destroy a million jobs? Vote Reform UK for mass unemployment: is that your…
Nike charges World Cup fans the most for replica shirts after price surge
https://www.theguardian.com/business/2026/jun/10/nike-charges-world-cup-fans-most-replica-shirts-prices-surge
Published: June 10, 2026 07:00
England supporters face paying inflation-busting £95 for an adult shirt as the tournament begins in the USFans of World Cup teams kitted out by Nike face the highest costs if they want to buy a replica shirt before the tournament kicks off this week amid a…
More than half of clean energy schemes needed for Labour’s 2030 target offered grid connection
https://www.theguardian.com/environment/2026/jun/10/labour-renewable-energy-projects-halfway-long-delay
Published: June 10, 2026 06:00
The 700 projects include wind and solar farms, battery storage, gas and hydro plansMore than half the renewable energy projects needed to meet the government’s clean power targets by 2030 are now able to plug into the electricity grid after years of delay,…
World-leading UK science facilities at risk amid £162m funding crisis
https://www.theguardian.com/education/2026/jun/10/world-leading-uk-science-facilities-funding-crisis
Published: June 10, 2026 05:00
Diamond Light Source and ISIS Neutron and Muon Source face cuts of up to 20% as Science and Technology Facilities Council seeks savingsBritain’s scientific capabilities face “serious damage” with some national facilities at risk of closure under spending…
It was Britain’s most expensive house. Why is its only resident a homeless man who lives on the porch?
https://www.theguardian.com/lifeandstyle/2026/jun/10/homeless-man-porch-rutland-gate
Published: June 10, 2026 04:00
2-8A Rutland Gate had jewel-encrusted bathroom suites and gold wastepaper bins in its 45 rooms, but has lain empty for years. With many people desperate for secure housing, what does the abandonment of this palace tell us about the UK?When it last changed…
Anthropic releases ‘safe’ version of Claude Mythos AI model to public
https://www.theguardian.com/technology/2026/jun/09/anthropic-claude-mythos-ai-model
Published: June 9, 2026 22:28
AI company restricted access to Fable 5, its most powerful Mythos model, for months over cybersecurity concernsAnthropic, the maker of the Claude artificial intelligence (AI) models, made a new version of its technology available to the general public on…
Crackdown on tech platforms will go ahead despite US intervention, says No 10
https://www.theguardian.com/uk-news/2026/jun/09/crackdown-on-tech-platforms-will-go-ahead-despite-us-intervention-says-no-10
Published: June 9, 2026 17:47
US embassy came out against UK’s proposed under-16 social media ban, which would affect American firmsWhite House displeasure over the prospect of an under-16 social media ban will not deter the UK from cracking down on tech platforms, the British…
UK’s biggest retailers urge government to act on youth unemployment
https://www.theguardian.com/business/2026/jun/09/uk-top-retailers-government-jobless-young-people
Published: June 9, 2026 15:50
Bosses of M&S, Sainsbury’s and Tesco among those writing to Starmer that the ‘ladder of opportunity’ is wobblingWe would like to hear from young people in the UK about their job-hunting experiencesSome of the UK’s biggest retailers are planning to write to…
Former Burberry boss leads rescue mission for Burleigh Pottery
https://www.theguardian.com/business/2026/jun/09/ex-burberry-boss-christopher-bailey-burleigh-pottery-stoke-on-trent
Published: June 9, 2026 15:24
175-year-old Stoke-on-Trent company says Christopher Bailey’s investment will ensure continued productionChristopher Bailey, the fashion designer who turned the British trenchcoat maker Burberry into a global brand, has acquired the Stoke-on-Trent company…
Palantir to sue Sadiq Khan over blocked £50m Met police contract
https://www.theguardian.com/uk-news/2026/jun/09/palantir-sue-khan-blocked-met-contract
Published: June 9, 2026 15:13
US spy-tech company to challenge London mayor’s intervention after he raised concerns over breach of procurement rulesPalantir intends to sue the London mayor, Sadiq Khan, after he blocked a contract between the US spy-tech firm and the Metropolitan…
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
https://www.theguardian.com/business/2026/jun/09/uk-watchdog-paramount-110bn-takeover-warner-bros-discover
Published: June 9, 2026 14:53
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will…
Whey protein shortage looms as use of weight-loss drugs fuels global demand
https://www.theguardian.com/business/2026/jun/09/fears-whey-protein-shortage-weight-loss-drugs-global-demand
Published: June 9, 2026 14:00
Price of dairy product has risen fivefold after users of GLP-1 medications advised to increase protein consumptionThe growing popularity of weight-loss drugs has fuelled global demand for whey protein, sparking concerns among industry experts over a…
Car finance payouts could be delayed by years over legal challenges, says FCA
https://www.theguardian.com/business/2026/jun/09/car-finance-payouts-delayed-legal-challenges-fca-complaints
Published: June 9, 2026 13:15
Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog has warned that a wave of legal challenges to the compensation scheme for victims of the motor finance scandal could…
UK regulator orders social media firms to adopt measures to stop viral illegal content
https://www.theguardian.com/media/2026/jun/09/uk-regulator-ofcom-social-media-firms-adopt-measures-stop-viral-illegal-content
Published: June 9, 2026 12:23
Ofcom move follows concerns about misinformation and online claims over police response to Henry Nowak stabbingSocial media companies have been ordered to have emergency measures in place to stop illegal content going viral, as regulators battle to stop…
Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m
https://www.theguardian.com/technology/2026/jun/09/amazon-uk-arm-tax-credit-profits-tech-company
Published: June 9, 2026 12:15
Tech company received infrastructure relief as its five biggest UK divisions generate £32bn in revenuesAmazon’s main division in the UK was handed a £7.6m tax credit last year by HM Revenue and Customs, despite profits at the retail-to-streaming company…
Summer holiday bookings down amid ‘apprehension’, says UK travel industry
https://www.theguardian.com/business/2026/jun/09/early-summer-holiday-bookings-down-uk-travel-industry
Published: June 9, 2026 11:58
Fears about the Middle East conflict, cost of living and EU border checks are leading people to delay their decisionsBusiness live – latest updatesHoliday bookings for early summer have been hit by uncertainty around the conflict in the Middle East and the…
Bank of England warns of AI scams as deepfakes of Farage-Bailey fight spread
https://www.theguardian.com/business/2026/jun/09/bank-of-england-ai-scams-deepfakes-nigel-farage-andrew-bailey-fight-x-question-time
Published: June 9, 2026 11:01
Governor urges people to report images on X that falsely show the men clashing in the Question Time studioThe Bank of England has warned the public against falling for AI-generated scams after deepfake videos of Nigel Farage fighting its governor spread…
Think Musk the billionaire was bad? Brace yourself for Musk the trillionaire | Arwa Mahdawi
https://www.theguardian.com/commentisfree/2026/jun/09/elon-musk-trillionaire-oligarchy
Published: June 9, 2026 11:00
Becoming the world’s first trillionaire is only going to supercharge this sense of impunity and bring us one step closer to full-blown oligarchy“Whoever said ‘money can’t buy happiness’ really knew what they were talking about,” Elon Musk wrote in February…
BYD and Alibaba among big names aiding China’s military, Pentagon says
https://www.theguardian.com/world/2026/jun/09/china-military-tech-companies-byd-alibaba-baidu-pentagon-claims
Published: June 9, 2026 10:06
Updated Pentagon list includes swathe of China’s top technology firms in move that could inflame tensions between the countriesThe US added Chinese e-commerce company Alibaba, internet search provider Baidu and carmaker BYD to a list of companies it…
The British food scene was booming. Why has it suddenly gone bust?
https://www.theguardian.com/food/2026/jun/09/booming-british-food-scene-has-suddenly-gone-bust
Published: June 9, 2026 09:00
Once mocked internationally, the UK became a gastronomic hotspot in recent decades – London was hailed as the foodie capital of the world. Now many Michelin-starred restaurants have closed and the rot is spreadingIt’s 9am on a weekday morning and although…
GSK to buy US cancer treatment firm Nuvalent for $10.6bn
https://www.theguardian.com/business/2026/jun/09/gsk-buy-us-cancer-treatment-firm-nuvalent-luke-miels
Published: June 9, 2026 07:28
British drugmaker’s new chief executive Luke Miels announces one of its biggest dealsBusiness live – latest updatesGSK’s new boss Luke Miels has struck one of the British drugmaker’s biggest deals, announcing the $10.6bn (£7.9bn) acquisition of a US cancer…
Air passengers ‘risking lives by grabbing bags and filming in emergencies’
https://www.theguardian.com/world/2026/jun/09/air-passengers-bags-filming-emergencies-airlines-iata
Published: June 9, 2026 07:09
Fines might be needed to deter travellers from retrieving hand luggage, says official from airlines body IataBusiness live – latest updatesAir passengers are increasingly putting lives at risk by filming emergencies and retrieving bags instead of…
Chip stocks bounce back as OpenAI files for Wall Street float – business live
https://www.theguardian.com/business/live/2026/jun/09/chip-stocks-bounce-back-kospi-openai-wall-street-float-stock-markets-oil-live-news-updates
Published: June 9, 2026 06:27
Rolling coverage of the latest economic and financial news, as the AI trade bounces backOpenAI confidentially files for initial public offering on US stock marketThe AI trade has continued to bounce back this morning, reports Deutsche Bank’s Jim Reid:The…
BT phone upgrade meant no one could call my aunt
https://www.theguardian.com/money/2026/jun/09/bt-phone-upgrade-line-digital-voice
Published: June 9, 2026 06:00
The line is vital for our elderly relative’s care, but after 20 calls BT seems unable to resolve the problemMy elderly aunt, who lives alone, has been unable to receive incoming calls for more than two months after BT switched her analogue service to…
EU quota system ‘could kill Ukrainian steel industry’, boss says
https://www.theguardian.com/business/2026/jun/09/eu-quota-ukrainian-steel-industry-metinvest
Published: June 9, 2026 06:00
Protectionist measures will deal blow to country’s budget as it defends itself against Russia, says Metinvest chiefNew EU limits on steel imports could destroy Ukraine’s industry and deal a big blow to the country’s budget as it defends itself against…
Healthy cooperation: how northern universities are linking with NHS trusts to drive innovation
https://www.theguardian.com/business/2026/jun/09/northern-universities-nhs-trusts-huddersfield-manchester
Published: June 9, 2026 05:00
Backed by a mix of private and public finance, Huddersfield and Manchester are among many in the academic sector helping to create jobs and growthHuddersfield might appear an unlikely setting for a thriving health research complex. The West Yorkshire town…
Pilot ‘hyperlocal’ job support scheme in England shows promising signs of effectiveness
https://www.theguardian.com/society/2026/jun/09/pilot-hyperlocal-job-support-scheme-jobsplus-england
Published: June 8, 2026 23:01
Government-funded JobsPlus trial in 10 neighbourhoods could be scalable nationwide, evaluation showsWe would like to hear from young people in the UK about their job-hunting experiencesA government-funded pilot of “hyperlocal” job support in 10…
France and Germany abandon joint project to build European fighter jet
https://www.theguardian.com/world/2026/jun/08/france-and-germany-abandon-joint-project-to-build-european-fighter-jet
Published: June 8, 2026 17:32
Paris and Berlin conclude firms involved unable to agree on way forward in blow to Europe’s common defence pushFrance and Germany have concluded that the companies involved in building a joint fighter jet will not be able to reach an agreement and have…
Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row
https://www.theguardian.com/business/2026/jun/08/nationwide-ceo-pay-package-bonus-debbie-crosbie-virgin-money
Published: June 8, 2026 15:36
Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin MoneyNationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial…
FCA sues Neil Woodford for allegedly offering unauthorised investment advice
https://www.theguardian.com/business/2026/jun/08/fca-sues-neil-woodford-investment-equity-fund
Published: June 8, 2026 15:00
Former investment star was banned from holding senior manager roles after collapse of popular equity fund The UK financial regulator is taking legal action against the former investment star Neil Woodford for allegedly offering unauthorised investment…
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