Economy & Money
European economy, markets, the euro, ECB, inflation and business.
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The profit motive has strangled sports. Now Fifa is putting soccer up for sale | Dave Schilling
Gianni Infantino’s plan for a Fifa subsidiary is odious – but it’s hard to feel surprised Just when you thought global soccer coul…
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Families to be moved out of billionaire-owned tower after suffering without air con
Several councils to stop housing tenants in glass-fronted Britannia Point in London, where tenants were earlier told they could no…
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Lloyds Bank to cut £2bn in costs as part of AI-powered strategy
Chief executive says the four-year plan will lead to greater efficiency but gives no details of potential job losses Business live…
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Fifa wants more money for its members but that does not guarantee investment | John Duerden
Asia and Africa are bastions of support for Gianni Infantino but Fifa’s money has not always been well spent in the regions Fifa’s…
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Digital euro app to incorporate highest accessibility standards
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Shell second-quarter profits double to $9.84bn amid Middle East energy disruption
The British energy giant reported a 70 per cent surge in first-half earnings as volatile crude prices and supply chain disruptions…
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Shell profit doubles to $9.8bn amid Middle East energy market disruption
Europe’s largest oil and gas company has more than doubled its second-quarter net profit to $9.8bn, leveraging extreme market vola…
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Bank of England holds rates at 3.75% as markets drop September hike bets
The Bank of England kept interest rates unchanged at 3.75%, signaling to markets that Middle East conflict-driven oil price spikes…
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Europe locks into expensive US liquefied natural gas as Louisiana exports surge
A massive expansion of liquefied natural gas exports from Louisiana is securing Europe's energy supply but locking the continent i…
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US weighs new AI controls after OpenAI breaches amid China tech tensions
The White House is considering stricter oversight of artificial intelligence following recent security breaches, a shift that coul…
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UK food prices rise as farmers and producers face a severe margin squeeze
Despite consumer price indices showing sharp increases in the cost of beef, bread and salad, British agricultural producers report…
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Beauty Pie founder Marcia Kilgore on subscription models and AI in retail
As direct-to-consumer subscription models reshape the retail economy, serial entrepreneur Marcia Kilgore outlines how founders can…
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Bank of England expected to hold interest rates at 3.75% amid Middle East volatility
The Bank of England is poised to keep borrowing costs unchanged at 3.75% as geopolitical tensions and rising energy prices force p…
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UK retailers deploy Chinese autonomous robots to tackle chronic productivity gap
Major British supermarkets and retailers are deploying thousands of autonomous mobile robots from China's Geek+ to combat severe l…
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Meta stock falls as $145bn AI spend chokes cash flow
Meta's shares plunged after it raised its AI spending forecast to as much as $145 billion, leaving investors questioning whether t…
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Meta misses earnings forecasts after Zuckerberg media push to promote AI
Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI Mark Zuckerberg’s m…
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Fed holds interest rates steady despite Trump’s renewed calls to lower them
Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up again The US Federal Reser…
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'We are rescuing unpicked blackberries'
Low-income households will benefit from blackberries being collected, a community group says.
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Charities unable to pay staff after fraud alert
Security fears saw CAF Bank, which serves 14,000 UK charities, suspend its online banking portal.
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US interest rates held for fifth time in a row
The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.
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TfL brings case worth up to £1bn against carmakers over Ulez compliance
Transport for London claims polluting diesel vehicles had been able to enter clean air zone without having to pay Transport for Lo…
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The feelgood factor of Burnham’s bus fare cap | Letters
Readers respond to Jonathan Freedland’s article on one of the new prime minister’s first policy announcements in office Jonathan F…
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What happens here has a big impact on your money
BBC business reporter Dearbail Jordan explains how it works from inside the Bank of England.
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Drinkflation: why British booze is getting weaker
While the sizes and prices are staying the same, brands are reducing the alcohol content in their beer Name: Drinkflation. Age: Th…