53 h. ago Tesla proposes $1tn pay package for Elon Musk; markets brace for US jobs report – business live

Musk would need to hit a series of market value, profit and operational milestones to earn mega-payoutFull story: Retail sales rise but ONS apologises as statistics crisis deepensFull story: Average UK house price reaches record £299,331, says HalifaxBarbara Teixeira Araujo, economist at Moody’s Analytics, says today’s retail sales report shows that the first quarter of the year was not as strong as previously thought:“That U.K. retail sales rose by a strong 0.6% month over month in July—building on a 0.3% increase in June—was definitely good news, especially given the bad vibes coming from the labour market. But we caution against reading too much into the headline.Not only did the underlying pace of growth remain lacklustre, with growth still falling by 0.6% q/q in the three months to July, but there are now significant questions around the reliability of those figures. Issues found with seasonal adjustment led to a thorough overhaul of the methodology this month, resulting in a c...

Economics

55 h. ago UK’s stats body apologises after latest error skews retail sales data

The Office for National Statistics admitted to a mistake over how it adjusts its retail sales data to align precisely with calendar months.

Politics

55 h. ago FTSE 100 Live 05 September: House price record lifts builders, retail sales higher

The mood around the UK economy was today lifted by figures showing retail sales and house price growth.

Society

56 h. ago Business news live: UK house prices hit record level and retail sales data shows concern for autumn

Stock market news and latest business and finance updates from Friday

Economics

57 h. ago FTSE 100 Live 05 September: Retail sales and house prices rise, Berkeley reassures

The mood around the UK economy was today lifted by figures showing retail sales and house price growth.

Society

57 h. ago FTSE 100 Live 05 September: Retail sales and house prices rise, Berkeley posts update

The mood around the UK economy was today lifted by figures showing retail sales and house price growth.

Society

58 h. ago Another win for the Lionesses! Retail sales clawed back ground in July amid sunshine and women's Euros triumph

Sales volumes were up 0.6 per cent in July, a stronger performance than most analysts had expected.

Politics

58 h. ago Hot weather and women’s Euro 2025 buoys retail sales in July

The latest release from the ONS was delayed after the statisticians identified an issue with how it aligns its data with calendar months.

Politics

58 h. ago UK retail sales rose 0.6% in July as ONS admits quality issues

Statistics agency also revises previous figures

Politics

5 d. ago Summer 2025 officially hottest ever in Wales says Met Office

With an average temperature, according to provisional statistics, of 16.06°C in Wales from June, July and August, the figures have beaten a record which stood for three decades.

Politics

6 d. ago Scotsman Obituaries: Ulrich Loening, pioneering molecular biologist who led Centre for Human Ecology

Dr Ulrich Eduard Loening BA DPhil, biochemist and human ecologist. Born: 18 June 1931 in Berlin. Died: 10 July 2025 in East Lothian, age 94

Politics

6 d. ago UK experienced its hottest summer on record in 2025, Met Office says

Mean temperature over June, July and August was 16.1C as country endured four heatwavesThe UK has seen its hottest summer on record, the Met Office has said, after the country sweltered under four heatwaves in a single season.The mean temperature for meteorological summer, which encompasses the months of June, July and August, was 16.1C, which is significantly above the current record of 15.76C set in 2018. Continue reading...

Politics

7 d. ago ‘The forgotten forest’: how smashing 5.6m urchins saved a California kelp paradise

Pollution, warm oceans and hungry urchins devastated Pacific kelp. Now, thanks to divers with hammers, one of the world’s most successful rehabilitation projects has helped it reboundOn an overcast Tuesday in July, divers Mitch Johnson and Sean Taylor shimmy into their wetsuits on the back of the R/V Xenarcha, a 28ft boat floating off the coast of Rancho Palos Verdes, south of Los Angeles. Behind them, the clear waters of the Pacific are dotted with a forest of army-green strands, waving like mermaid hair underwater.We are here to survey the giant Pacific kelp, a species that once thrived in these ice cold waters. But over the past two decades, a combination of warm ocean temperatures, pollution, overfishing and the proliferation of hungry sea urchins that devour the kelp has led to a 80% decline in the forest along the southern California coast. Continue reading...

Politics

7 d. ago Universal Credit migration leads to 340,000 benefit claims closing

DWP data shows that between July 2022 and June 2025 a total of 2,108,000 people in 1,593,856 households have been sent migration notices - they must move to UC or they'll get nothing

Politics

1 week ago Australia’s drowning death toll highest since records began three decades ago

Report reveals 357 deaths from 1 July 2024 to 30 June 2025 – 27% more than the 10-year averageFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralians’ swimming skills are at crisis levels, lifesaving organisations warn, as a new report shows 357 people drowned last financial year, the highest drowning death toll since records began in 1996.The annual drowning report released by Royal Life Saving Australia and Surf Life Saving Australia on Tuesday recorded 357 deaths between 1 July 2024 and 30 June 2025 – 34 more than the previous year’s total of 323, and a 27% increase on the 10-year average. Continue reading...

Events

2 w. ago Marco Pierre White Jr pleads guilty to burglary AGAIN: Troubled reality star stole £1,500 worth of Jellycats and 'caused £43k of damage to antiques store' in west London crime spree

Marco Pierre White Jr, 30, raided an antiques shop on June 19 this year in Westminster, central London, burgled an Italian deli on June 12, and smashed into another store on July 21.

Events

2 w. ago The most expensive summer break ever? Cost of flights soars by 30% in just one month as Brits jet off abroad on holiday while inflation continues to bite at home

Air fares soared by 30.2 per cent between June and July - the largest jump between those months since the collection of monthly data began 24 years ago, according to the ONS.

Economics

2 w. ago UK inflation rises to 3.8% in July as rail passengers face crippling 5.8% fares rise next year

Retail Prices Index measure of inflation is revealed to have shot up from 4.4% in June to 4.8% in July

Economics

2 w. ago UK inflation rises by more than expected as summer travel bumps up air fares

Consumer Prices Index inflation increased to 3.8% in July, from 3.6% in June, the Office for National Statistics said.

Economics

2 w. ago Companies in crisis as MORE firms go bust: Surge in numbers of businesses closing down in England and Wales

Official data from the Insolvency Service showed there were 2,081 company insolvencies in July, edging up by 1% compared with June.

Economics