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Oil prices rise and gold hits two-month high after Trump makes new deal demands on Iran – business live
US president demands compensation for damage incurred by US, complicating standoff with TehranNvidia ⁠has partnered with six major Wall Street financial institutions to raise ⁠more than $500bn (£370bn) capital for artificial intelligence infrastructure.The Nvidia chief executive, Jensen Huang, said on X that the company has ⁠the option to backstop up to $125bn, or 25% of the potential deals. Continue reading...
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Council wants pubs in London’s Soho and West End to ban standing
Sadiq Khan criticises Westminster council’s ‘anti-growth policies’ after it recommends stopping ‘vertical drinking’Waiting at the bar and trying to catch the bartender’s eye so you can order a pint, before going to stand with your friends and have a catchup, has been how British
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Film posters for The Mummy banned from public display in UK
Watchdogs say adverts in London tube stations broke its rules with ‘realistic impression of a dead child’ Warning: graphic imageFilm posters for The Mummy have been banned from outdoor public display in the UK because they include realistic depictions of a dead child.The UK’s Advertising Standards Authority (ASA) received 30 complaints over the promotional campaign in London tube stations for the new Lee Cronin film. Continue reading...
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England risks building new ‘death traps’ as experts warn of overheating crisis
Vulnerable people more at risk as research finds only half of local authority plans require cooling strategiesEngland risks constructing a new generation of “death trap” buildings that can fatally overheat unless the government tightens standards and prioritises climate safeguards, planning experts have said.Fears are growing about the plight of vulnerable people in heatwaves, with research this week suggesting that 2,700 people had died in the May and June heatwaves in England and Wal
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Fake football shirts worth £5.5m seized in one of UK’s biggest counterfeiting raids
More than 158,000 items of fake kit seized featuring World Cup semi-finalists England, France and SpainMore than 158,000 fake football strips have been seized in an operation targeting World Cup counterfeit kit and blocking criminals from trying to “cash in on fan demand”.Edinburgh’s trading standards team confiscated 9 tonnes of Scotland, England and other nations’ fake kits, worth an estimated £5.5m. Continue reading...
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Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Brent crude jumps 3.4% and European markets drop, with airlines including Ryanair among hardest hitBusiness live – latest updatesOil prices jumped and stocks fell after the US launched a fresh wave of attacks against Iran amid an escalating standoff over the strait or Hormuz.Brent crude, the international benchmark for oil prices, rose 3.4% to $78.59 a barrel on the renewed hostilities in the Middle East. It had been trading at $72.48 before the outbreak of the war in February, and hit
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Trump officials accused of stacking top chemical safety board with industry ‘mouthpieces’
Public health advocates warn of conflicts of interests and say panel likely to provide justification for key rollbacksThe Trump administration has stacked a top chemical safety board with industry-aligned scientists who have a range of financial conflicts of interest and stand to profit from deregulation, public health advocates say.The Environmental Protection Agency’s science advisory committee on chemicals (SACC) is slated to review research for dozens of toxic chemicals during the
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Five pressing questions for Reform UK about its finances
Questions swirl about origins of gifts, loans and donations as even party supporters wonder if it can weather the stormUK politics live – latest updatesWhy is Farage quitting as an MP, only to stand again?Scrutiny is mounting on Reform UK’s finances.On Tuesday, amid an investigation by parliamentary standards into an undisclosed £5m gift, Nigel Farage announced he would resign and trigger a byelection in his constituency of Clacton-on-Sea. Continue reading...
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All lobbying should be publicly declared in transparency laws shake-up, watchdog says
Ethics and integrity commission chief says overhaul is crucial to help restore trust in standardsAll lobbying of government ministers, aides and senior officials should be publicly declared – from WhatsApp chats to party conference meetings – in a fundamental shake-up of transparency laws, the government’s ethics watchdog has said.A review led by Doug Chalmers, the head of the ethics and integrity commission, has called for a new register to highlight who is lobbying, which policies th