Nigel Farage reported to standards watchdog over ‘crypto lobbying’
Commissioner asked to investigate Reform UK leader after private meeting with Bank of England governor
Policy
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declines
Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.
The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:
FCA ordered to partly suspend car finance compensation scheme
Court orders financial watchdog to halt parts of £9.1bn scheme until challenges are heard, delaying payouts
US employers added just 57,000 new jobs in June, lower than expected
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month
Ministers call for better tracking of teenagers at risk of dropping out of work or training in England
Councils and schools urged to do more as figures show there is no information on whereabouts of 32,100 ‘Neets’
Pension firms must do more for customers in older pensions and fund savings
The FCA has found that people holding legacy pension products, now closed to new savers, could be receiving poorer value than those in newer ones.
Motor finance scheme partially suspended
The Upper Tribunal has made an order suspending parts of the scheme. We set out what the partial suspension means for firms and consumers.
Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
European Commission invites air industry to urgent meeting to discuss concerns over new entry and exit system
Payments Vision Delivery Committee update on future retail payments infrastructure
The Retail Payments Infrastructure Board (RPIB), led by the Bank of England, recently published a consultation on the future retail payments infrastructure.
All the whey up! A dairy byproduct is now the star of the ‘proteinmaxxing’ boom – but is demand too high?
As GLP-1s drive the current protein craze, a supplement once only taken by powerlifters is now so popular US producers are struggling to keep up
Financial regulator to simplify investment disclosure regime
The FCA is proposing to simplify how platforms, advisers and wealth managers communicate the costs of investing while reminding firms to communicate with consumers about investing in plain English.
Fans in short supply as next UK heatwave approaches, says Currys
Retailer says sharp rise in fan sales over the latest heatwave weekend left stores scrambling to source stock
Frank Elderson: The green transition – benefits and barriers
In my speech today, I will talk about two factors that have recently contributed to inflation volatility and economic uncertainty in the euro area: war in the Middle East and risks arising from the climate and nature cr…
Minutes of the London FXJSC Main Committee Meeting – 26 March 2026
Andrea Rosen (Chair, Bank of England) welcomed James Ellery (Goldman Sachs) and Oliver McCausland (FCA) to the Committee.Ms Rosen also welcomed Alina Ishmuratova (JPMorgan), Paul Robson (NatWest Markets) and Vasileios G…
Minutes of the London FXJSC Legal Sub Committee Meeting – 17 March 2026
Time: 2pm – 3.30pm | Location: Bank of England, Threadneedle Street, London, EC2R 8AH
Bankers and unions set for clash over possible Burnham tax raid on UK banks
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’
Minutes of the London FXJSC Operations Sub-Committee Meeting – 18 March 2026
James Kaye (Chair, HSBC) welcomed new Committee members: Ellie McCormack (FCA) replacing Oliver McCausland, and Hendrik van der Merwe (Northern Trust) replacing Nikki Woodley.
OpenAI ‘in early talks to give 5% stake to US government’
CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says
Why is Nigel Farage being paid so much to promote a gold bullion company?
Reform UK leader was paid £270,000 for 12 hours’ work – but who is behind Direct Bullion and what does it do?
What are the new EU border checks and how will they affect your summer holiday?
Security checks due to new digital entry and exit system have caused delays and missed flights for holidaymakers
UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage rates – business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
Starmer’s goodbye gift to Britain: a US pharma deal that could be more lethal than Covid | Aditya Chakrabortty
This shadowy treaty on medicine imports will cost the NHS billions and take funding away from doctors, nurses, cancer scans and the rest
Billionaire to invest £35bn in small modular nuclear reactors roll out across UK
Consortium led by Michał Sołowow planning enough SMRs to power equivalent of 8m homes for more than 60 years