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Heathrow says need for expansion ‘clear’ as it loses title of Europe’s busiest airport
West London airport reports 7.86 million passengers in July, compared with 8.15 million for IstanbulBusiness live – latest updatesHeathrow airport has argued “the case for expansion has never been clearer” after it lost its position as Europe’s busiest airport to Istanbul.Figures published on Tuesday showed 7.86 million passengers passed through Heathrow’s four terminals in July,whereas its Turkish counterpart recorded 8.15 million passengers over the same period. Continue reading...
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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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Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending
Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentialsBusiness live – latest updatesConsumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men’s football World Cup and more people holidaying in the UK lifted summer spending.A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long
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RBA interest rates: Reserve Bank holds cash rate at 4.35% but threatens more hikes if needed
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank of Australia has held the official cash rate at 4.35% but threatened to hike again if needed, as it warned falling house prices would slow income growth.The widely expected decision comes after a steep decline in property values in Sydney and M
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Proprietários do Liverpool próximos de venda de 30% por £1,35 bilhões para consórcio incluindo Jeff Bezos
Consórcio liderado por Amit Bhatia, genro do bilionário indiano Lakshmi Mittal, está próximo de finalizar acordo pela participação. Cofundador do Facebook Eduardo Saverin também está envolvido.
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Global food prices at three-year high as heatwaves and wars push up crop costs
UN index says weather is affecting wheat yields while conflicts in Ukraine and Iran hit exports and drive up pricesBusiness live – latest updatesGlobal food prices have hit their highest level in three and a half years, as summer heatwaves and conflict in Ukraine and the Middle East push up crop costs.The UN Food and Agriculture Organization (FAO) index of food commodity prices rose last month to its highest level since January 2023, after a jump in prices for cereals, sugar and vegeta
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Boeing 737 Max operators told to check fuselages for cracks
Inspections ordered by US regulator will affect about 470 aircraft, after reported problems in earlier modelsBusiness live – latest updatesThe US aviation regulator has ordered inspections of the fuselages of Boeing 737 Max planes for possible cracks in a component.The Federal Av
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UK house prices flat in July, says Lloyds, as buyers struggle with affordability
Property prices in ‘suspended animation’ owing to higher mortgage rates and uncertainty in Middle EastBusiness live – latest updatesUK house prices were broadly stagnant in July as prospective buyers were squeezed by higher mortgage rates, uncertainty around the Middle East and stretched affordability, according to the lender Lloyds.The average property cost £299,253 in July, down by £143 compared with June, the bank’s monthly index found. Continue reading...
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Rail passengers face second day of disruption across north-west England
Problems after power failure at regional signalling centre likely to continue until noon with many crews and trains in wrong locationsBusiness live – latest updatesRail passengers are facing a second day of travel disruption across parts of north-west England, after a power failu
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Tech companies know everything about me – so why do they try to sell me so much rubbish? | Joel Snape
No, Amazon, I do not want to buy another version of the thing I just bought, or any other random object I don’t recognise or understandWe live, as I’m sure someone’s chief growth officer has recently boasted on an earnings call, in a golden age for data capture. Jeff Bezos knows what I buy, read and watch; Mark Zuckerberg will be aware that I recently sold a car transport box for a medium-sized dog. I’ve been ruthlessly conditioned into clicking Accept All Cookies every time I want to
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‘I’m not spying’: how Meta’s smartglasses have divided opinion
While some users say the wearables have changed their lives, critics voice fears over safety and privacyWith more than 7m pairs reportedly sold in 2025, Meta’s Ray-Ban smartglasses are fast becoming one of the world’s most popular gadgets.While supporters say they are transformin
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Trump administration has refunded 60% of $165bn taken in illegal tariffs
Government has so far returned $100bn to companies from levies that US supreme court struck downBusiness live – latest updatesThe Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to reports.The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, was reported by customs officials to the US court of international trade (CIT) on Tuesday,