Economy & Money
European economy, markets, the euro, ECB, inflation and business.
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Number of billionaires globally soars by 13% amid AI shares boom
Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS finds Business live – latest …
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Hospitality VAT cut: can it help the sector and at what cost to UK taxpayer?
Drop to 10% for pubs and eateries would be in line with most of Europe, but critics say it favours multinationals Business live – …
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Rocky week for AI as shares slump but no sign of crash – yet
The markets are souring on artificial intelligence, but is this the bubble being burst? Meanwhile, California proposes a tax on bi…
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UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery
Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and compe…
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Shetland backs plan to connect islands with £1.5bn undersea tunnels
The undersea links between some of the UK's most northerly islands could be in place within eight years.
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UK housebuilders face class action suit over alleged collusion to inflate prices
Law firms seek up to £4.5bn on behalf of 700,000 buyers of new-build homes Business live – latest updates Britain’s biggest houseb…
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Doubt that Elon Musk ‘earned’ his trillion? Rightwing media says you’re in an ‘impotent envy cult’ | Arwa Mahdawi
The lovefest from Musk’s conservative fans completely overlooks the unscrupulous tactics behind his immense wealth For 12 glorious…
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Woman's Hour
We discuss the key findings of Baroness Amos' National Maternity Investigation.
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Japanese yen sinks to 40-year low against the US dollar as intervention looms
The Japanese yen has dropped to its lowest level against the US dollar in four decades, putting markets on alert for urgent action…
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Sainsbury’s chief says grocery inflation not as bad as feared so far
Supermarket has lifted sales with Aldi price match, and has benefited from hot weather and World Cup matches Business live – lates…
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How Europe's growing need for cooling is reshaping electricity demand
Europe's June heatwave has driven up electricity demand and wholesale power prices across the continent, highlighting the growing …
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WhatsApp to let people chat by swapping usernames instead of phone numbers
The app's new usernames feature will be rolled out globally over the next few months.
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ECB publishes indicative operational calendars for 2028
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ECB publishes indicative operational calendars for 2027
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EY sacks graduate employee after he allegedly accessed Australian PM’s bank account
Two men – including one who worked for EY – appear in court after being charged over accessing restricted data Get our breaking ne…
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Tourism drives up housing costs in Spain: study puts impact at €3,800 per home
A new study by Transport & Environment finds a link between booming air tourism in seven European countries and soaring rents and …
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Nearly 25% of UK pubs and restaurants lose money, research shows
Hospitality trade bodies’ data published as celebrity chefs and restaurateurs launch campaign for VAT cut Nearly a quarter of UK p…
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Homes harder to sell as high mortgage rates frustrate buyers
Three in five homes listed for sale since January remain on the market, says property portal Zoopla.
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Cost to rewire Great Britain’s electricity network could reach £90bn in 2030s
Energy system operator says sum needed to deliver clean power targets while meeting rising demand is up by 50% The cost of rewirin…
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I’m paying £450 a month for a Peugeot EV I can’t drive
The car lease company won’t rescind my contract because it says the vehicle is driveable. The only problem is, it won’t even charg…
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Millions of Britons urged to submit meter readings before energy price cap rises on Wednesday
Estimated 5.3m households on standard tariffs without smart meters risk being overcharged for some of June usage Millions of Brito…
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Christine Lagarde's Sintra speech signals a new ECB playbook
Christine Lagarde says the ECB is back to basics but must adapt to a more volatile global economy.
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Brompton sells stakes to Decathlon and Chinese Labubu backer
British bike maker says cycling market is recovering from sales slump and investments will add new expertise The French sports gea…
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The $5 billion AI export plan gathering momentum in Central Asia
Uzbekistan is aiming to move from outsourcing into higher-value services, using its young workforce, energy resources and digital …