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EV charger rollout in UK slows amid political uncertainty and rise in installation costs

Growth in charge points falls markedly despite surge in number of rapid-charging unitsBusiness live – latest updatesThe UK’s rollout of electric vehicle chargers has slowed amid challenging cost pressures and uncertainty over government sales targets.Charger companies installed 5

Admin Recifes 15/07/2026 2

Boost City regulator’s powers to help protect UK consumers from AI, says watchdog

FCA’s review into how tech will reshape financial services warns about amplified risks of cyber-crime and fraudBusiness live – latest updatesMinisters have been urged to toughen the City regulator’s powers to protect consumers against the potential risks of AI, according to a lan

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Microsoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs

Thousands of gaming jobs will be shed over the coming fiscal year as Microsoft continues to invest heavily in AIMicrosoft said on Monday it was eliminating about 4,800 jobs – roughly 2% of its global workforce – in a cost-cutting move that will deliver a sweeping restructuring of

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Bank of England plans to ease capital rules despite AI stability fears

Central bank’s financial policy committee members voice concern on trimming big lenders’ financial buffersBusiness live – latest updatesThe Bank of England is planning to loosen capital requirements for major UK lenders, even as policymakers expressed concern about the threat to

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UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after att

Rolling coverage of the latest economic and financial newsShares in ITV are down 6% this morning, making it one of the worst performers in London’s stock market, as investors digest the announcement yesterday that it agreed to sell its broadcast and streaming business to Comcast’

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Act soon to change ‘unsustainable’ direction of UK debt, OBR warns

Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’Business live – latest updatesPolicymakers must act to prevent public debt rising unsustainably in coming decades as the population ages and defence spending rises, the

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Prince Harry loses lawsuit against Mail publisher over phone-hacking claims

Duke of Sussex and other prominent figures sued Associated Newspapers alleging it sourced stories using unlawful methods• Prince Harry court case - latest updatesThe Duke of Sussex and six other prominent figures have lost their case against the publisher of the Daily Mail over c

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Italian village to impose fines of up to €200 on tourists with bare chests or in swimwear

Varenna’s authorities say wandering around the village shirtless or in swimwear is now bannedA fishing village by Lake Como has imposed fines of up to €200 (£170) for people who wander around with bare chests or in swimwear, in the latest attempt by an Italian holiday destination

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Revealed: Farage’s £5m gift reported to UK crime agency over money laundering concerns

Exclusive: Latest Guardian revelation about gift from cryptocurrency tycoon comes as Reform UK leader forces byelectionThe £5m gift to Nigel Farage by a cryptocurrency billionaire was reported to the National Crime Agency by bankers who were concerned it may have been laundered m

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Virgin Media fined record £28m for stopping customers cancelling contracts

Ofcom levies largest-ever consumer protection fine after finding firm deliberately mishandled millions of phone callsBusiness live – latest updatesVirgin Media has been fined £28m by the UK telecoms watchdog for repeatedly preventing customers from cancelling their contracts over

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Crude prices rise as U.S. launches strikes on Iran shortly after cancelling its license to

Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil.

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Severn Trent spared Ofwat fine after ‘serious’ waterwaste and sewage failures

Regulator found ‘unacceptable’ breaches in water company’s handling of drainage and sewage networkBusiness live – latest updatesThe water company Severn Trent has been spared a fine by the sector regulator over “serious and unacceptable breaches” in its handling of wastewater and

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