US economic growth slows to 1.5% in second quarter
Growth in the US slowed in the three months to June, according to official figures.
Regulation
Airbus fined £6.4m for breaching rules on export of sensitive technology
Airbus has been fined £6.4m in the UK after the European aerospace company admitted to multiple breaches of rules designed to stop sensitive goods such as military hardware falling into the wrong hands.
Ripple CEO To Speak At Wyoming Blockchain Event, Along With SEC Chair & Other U.S. Lawmakers
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Profits boost for defence firms as governments increase spending
Rolls-Royce and BAE Systems are expecting higher profits as governments around the world boost their defence spending.
Bank Rate maintained at 3.75% - July 2026 Monetary Policy Summary and Minutes
At its meeting ending on 29 July 2026, the Monetary Policy Committee (MPC) voted by a majority of 6–3 to maintain Bank Rate at 3.75%. Three members voted to increase Bank Rate by 0.25 percentage points, to 4%.
FCA censures Equity for Growth (Securities) Limited
The FCA has censured Equity for Growth (Securities) Limited (EFG) for approving financial promotions relating to minibonds that were unfair, unclear and misleading.
SEC Ready to Act Alone if CLARITY Act Fails, Says Chair Paul Atkins
SEC Chair Paul Atkins says agency can draft crypto rules without waiting for Congress to act.
Digital euro app to incorporate highest accessibility standards
The European Central Bank has outlined the accessibility features of the digital euro app, which will allow users to access basic digital euro services. From the outset, accessibility and inclusion have been core design…
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Weapons makers Rolls-Royce and BAE Systems expect higher profits as defence spending surges – business live
Rolls-Royce is not the only weapons company to report strong demand today: BAE Systems has also said that “sustained increases” in defence budgets around the world meant it had upgraded its profit forecasts.
Shell’s profits more than double after jump in oil and gas prices
Shell more than doubled its profit in its second quarter of the year, as Europe’s biggest oil and gas company reaped the benefits from the jump in oil and gas prices triggered by war in the Middle East.
Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’
Carmakers are delaying final decisions to invest in UK factories until electric car sales rules are relaxed, according to the head of the British car industry’s lobby group.
Interest rates expected to be held again by Bank of England
UK interest rates are expected to be held at 3.75% for a fifth time by Bank of England policymakers.
Meta misses earnings forecasts after Zuckerberg media push to promote AI
Mark Zuckerberg’s media spree touting the positive effects of artificial intelligence did little to cushion the blow of Meta’s second-quarter earnings, which sent its stock tumbling on Wednesday.
Breaking: CFTC Loses Fight to Protect Kalshi in Wisconsin Prediction Markets Case
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US interest rates held for fifth time in a row
US interest rates have been held for the fifth time in a row by the Federal Reserve.
Federal Reserve issues FOMC statement
The Federal Open Market Committee approved the following statement for release by a 9 â 3 vote:
TfL brings case worth up to £1bn against carmakers over Ulez compliance
Transport for London is pursuing a potential £1bn legal action against car manufacturers over vehicles that it argues should not have been allowed to drive freely in the capital’s clean-air zone.
SEC Ready to Provide Crypto Rules if Clarity Act Flounders: Chair Atkins
The SEC will write crypto market rules itself if Congress fails to pass the Clarity Act, chairman Paul Atkins said. The agency is "ready, willing, and able to come out with rules" covering the same ground, he told CNBC …
What happens here has a big impact on your money
Las Vegas is in a tourism slump. Hotel occupancy and air travel are down, and many local hospitality employees are experiencing layoffs or cuts in their hours. What's driving this downturn, and can Sin City bounce back?
Rogue OpenAI agent that hacked startup tried to attack other firms
OpenAI has revealed that a cyber-attack carried out by a rogue AI agent had more than one victim.
Lib Dem MP calls for investigation into Reform deputy leader’s £80,000 loan
Richard Tice has been referred to parliament’s standards watchdog over an undeclared loan of nearly £80,000 from Nigel Farage’s aide George Cottrell .
BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals
BMW is planning to cut as many as 8,000 jobs in Germany, according to reports, in the latest sign of Europe’s largest carmakers reducing costs under pressure from Chinese rivals.
Greggs sales jump as iced matcha lattes and chicken rolls become heatwave hits
Iced matcha lattes and a bigger range of salads and chicken rolls helped Greggs to boost its sales during the string of summer heatwaves, as the bakery chain continues to expand across the UK.
IPL’s value soars past $20bn to rival NFL as one of world sport’s biggest brands
The Indian Premier League’s value has surged to an estimated $20.6bn (£15.5bn), boosted by ownership deals involving two of its biggest franchises, according to a report by the investment bank Houlihan Lokey.