News

We’ve teamed up with the BBC to bring you the very latest business and finance news as it happens.

• UK jobs market continues to weaken

  The official data shows wage growth has slowed while the number of vacancies continues to fall.

• Cost of summer holiday clubs rises to £1,076 a child

  Some areas have seen prices rise by as much as 13%, research by children's charity Corum finds.

• Trump discussed firing Fed boss but 'highly unlikely' he will

  The US president admitted he broached sacking Jerome Powell, in what would be an unprecedented move.

• Busiest UK airports raise kiss-and-fly fees, says RAC

  Britain's airports are charging up to £7 to briefly drop-off passengers close to terminals.

• Samsung boss cleared of fraud by South Korea's top court

  The ruling comes after Lee Jae-yong was acquitted of all charges in two earlier trials.

• Heat pump makers are ready for a rush: Will customers come?

  Heat pump makers are ready to raise output, but demand is still sluggish.

• 'It's just better!' Trump says Coca-Cola to change key US ingredient

  Coca-Cola said they "appreciate President Trump's enthusiasm", without confirming they plan to make the tweak.

• UK inflation at highest for almost a year and a half

  Food and clothing prices rose more quickly while fuel fell only slightly, boosting the overall rate of inflation.

• Faisal Islam: Surprise inflation jump complicates interest rate decision

  Higher inflation could give the Bank of England pause for thought over cutting interest rates.

• Boss of Guinness-owner Diageo suddenly steps down

  Diageo boss Debra Crew steps down after board decision for her to go.

• Co-op boss confirms all 6.5m members had data stolen

  In her first interview since the attack, Co-op's chief executive said she was "incredibly sorry" to customers.

• Trip drink ad banned over claim it makes you calm

  The ad for the cucumber and mint drink made unauthorised health claims, the advertising watchdog found.

• German defence tech firm to make drones in UK

  STARK, which makes weapon systems for NATO, says its new facility in Swindon will support 100 jobs.

• Barclays fined millions over financial crime risk lapses

  The UK's financial watchdog says the bank had failed to properly check two of its clients.

• Stop being negative about savers buying shares, Reeves says

  Chancellor tells the financial industry to change the narrative around consumer investment to encourage growth.

• Trump launches probe into Brazil's 'unfair' trade practices

  Last week, the US president urged Brazilian authorities to end their prosecution of the country's former President Jair Bolsonaro.

• US and Indonesia reach tariff deal

  The US will lower its tariffs threatened on goods from Indonesia to 19% from a planned 32%.

• Labubu firm sees profit soaring by at least 350%

  Sales, branding and tight cost controls have helped Pop Mart's profits balloon in the first half of 2025.

• Savers to be targeted with offers to invest in shares under new plans

  Banks will send savers details of possible investments and an ad campaign will raise awareness, the Treasury says.

• Thames Water 'extremely stressed', warns boss amid huge losses

  The company's future remains uncertain as it posts losses of £1.65bn for the year to March.