Tuesday, 07 July 2026 · Europe
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Economy & Money

European economy, markets, the euro, ECB, inflation and business.

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’It can flip quickly from being idyllic’: the reality of life for young van dwellers priced out of Cornwall’s housing market

With tourists buying up property and landlords opting for lucrative Airbnb rentals, young Cornish people are turning to old camper…

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Anthropic accuses Chinese rival Alibaba of illicitly extracting AI capabilities

The firm alleged that Alibaba used fraudulent accounts to access data from its Claude AI model.

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What is China’s SpaceSail, and could it rival Elon Musk’s Starlink?

The company has just a few hundred satellites in low Earth orbit but has state backing and is already reportedly negotiating with …

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The legal fight to get equal pay for Germany's disabled workers

A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.

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VAT cut on theme parks and kids' meals comes into force

The government will reduce tax from 20% to 5% on a range of attractions as schools begin to break-up.

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One in four graduates will lose financially from going to university, IFS estimates

Degrees still mostly boost lifetime pay, thinktank says, but those completing creative qualifications may end up worse off A quart…

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Texas family sues Tesla over fatal crash into home

A woman in her 70s was killed after a Tesla crashed directly into the family’s home.

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Elon Musk loses trillionaire status as SpaceX and Tesla stock drops

Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world’s first trillionaire Elon Musk was n…

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Big tech spent millions on a single US congressional race. It won’t be the last time

Pro- and anti-AI groups spent $24m on a congressional contest in New York, but it’s unclear to what end US politics live – latest …

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Elon Musk loses trillionaire status as global tech rout hits SpaceX

Elon Musk lost his trillionaire status on Tuesday after a brutal global tech rout erased billions from his wealth.

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Baroness Mone among individuals sued to recover PPE Medpro millions

The Baroness and her husband Doug Barrowman are among individuals being sued in a bid to recover some of the money owed to the gov…

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US says chemical giant Chemours to pay $450m to settle ‘forever chemicals’ case

Agreement is first by federal government to resolve enforcement claims against a major Pfas manufacturer The Trump administration …

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Another FTSE firm is under attack from a US raider. Demand top dollar | Nils Pratley

The warehouse landlord Segro has a bright future, not least with datacentres, so there’s no reason to roll over Segro rejects £12.…

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Bedford crash occurred after train passed red signal, investigators believe

Interim report says other train it hit had halted on line because warning system wrongly caused it to brake The train whose driver…

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Former WH Smith’s small suppliers to lose at least half of debts in rescue plan

If TG Jones’s aggressive restructuring is voted through, small ‘non-core’ creditors such as greeting card firms will be hit worst …

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Trump says he’s ordered investigation into oil companies over alleged price gouging

Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflict Donald Trump s…

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Fans for fans: power demand surges as England viewers cope with heatwave

Handful of gas plants paid £4m to generate electricity at half- and full-time in World Cup game Europe heatwave live – latest upda…

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BT pension scheme lost £300m on Thames Water stake

Loss came after decision to write off 8.7% equity stake in water company moving closer towards nationalisation The BT pension sche…

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Trump accuses oil firms of price gouging at petrol pumps

The president's remarks come as global oil prices have fallen but remain higher than before the US-Israel war with Iran.

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I was wary of driverless cars and their tech overlords – but they could give me a different future | Gabriel Stewart

For those of us who can’t drive due to disabilities, the drawbacks of these vehicles are vastly outweighed by the possibilities th…

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Train passed red signal before fatal crash - report

A preliminary report from the Independent Rail Accident Investigation Branch is published.

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Keir Starmer defends record during first PMQs since resignation – video

In the first prime minister's question since announcing he would step down, Keir Starmer has defended his record and said he had t…

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Farm workers at higher 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 Agricultural workers ar…

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Meta pauses employee tracker for AI training amid privacy concerns

About 1,600 workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen content Mark Zuck…