What is China’s SpaceSail, and could it rival Elon Musk’s Starlink?
The company has just a few hundred satellites in low Earth orbit but has state backing and is already reportedly negotiating with dozens of countries
Policy
One in four graduates will lose financially from going to university, IFS estimates
Degrees still mostly boost lifetime pay, thinktank says, but those completing creative qualifications may end up worse off
SEC Appoints Kathleen Hutchinson as Director of Office of International Affairs
U.S. March NFP came in at 236,000 jobs versus a 240,000 estimate and unemployment edged to 3.5%, cutting the CME FedWatch odds of a May 25bp hike to about 50% from ~70% and pushing spot gold above $2,020 toward the $2,0…
Another FTSE firm is under attack from a US raider. Demand top dollar | Nils Pratley
The warehouse landlord Segro has a bright future, not least with datacentres, so there’s no reason to roll over
Big tech spent millions on a single US congressional race. It won’t be the last time
Pro- and anti-AI groups spent $24m on a congressional contest in New York, but it’s unclear to what end
Exploit last North Sea oil and gas or risk mass job losses, Andy Burnham urged
Andy Burnham should be ready to exploit the UK’s remaining North Sea oil and gas resources to avoid mass job losses in Scotland and the north-east, the director of the British Chambers of Commerce (BCC), Shevaun Havilan…
BT pension scheme lost £300m on Thames Water stake
Loss came after decision to write off 8.7% equity stake in water company moving closer towards nationalisation
Germany’s rail network brought to standstill by botched IT replacement
Deutsche Bahn widely criticised after hundreds of thousands of passengers stranded in operator’s latest setback
Trump says he’s ordered investigation into oil companies over alleged price gouging
Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflict
Commodity traders offer £1m to crisis fund after FCA competition probe
The FCA is concerned 11 traders may have shared sensitive information or coordinated trades, potentially restricting competition.
I was wary of driverless cars and their tech overlords – but they could give me a different future | Gabriel Stewart
For those of us who can’t drive due to disabilities, the drawbacks of these vehicles are vastly outweighed by the possibilities they offer
Lazio Women to pay compensation after landmark Cas pregnancy discrimination ruling
Lazio Women unlawfully ended the Swedish footballer Maja Göthberg’s time at the club because of her pregnancy, the court of arbitration for sport (Cas) has ruled, ordering the Italian club to pay compensation.
UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival
FTSE 100 firm says Prologis all-share proposal turned down as it falls long way short of its own views on value
Farm workers at high risk amid screwworm outbreak in US south-west
Those who work with animals are at greater risk for infection, but face challenges in accessing healthcare
Fans for fans: power demand surges as England viewers cope with heatwave
Handful of gas plants paid £4m to generate electricity at half- and full-time in World Cup game
Bedford crash occurred after train passed red signal and was not stopped, investigators believe
Interim report says other train it hit had halted on line because warning system wrongly caused it to brake
Cars in Europe have grown average 1.2cm longer every year since 2000
Analysis of new vehicles shows steady ‘car bloat’ that researchers say could cause extra 2,600 crash deaths a year by 2040
Iceland joins TIPS for instant payments
The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow payments in Icelandic króna to be se…
Heatwave pushes Great Britain’s grid operator to call for extra electricity from power plants
Neso issues rare summer warning for Wednesday evening, as households turn on fans and air conditioning
‘A real difference’: how community hubs help local people fight rising living costs
More locations are offering debt advice, health services, cafes, social activities and support under one roof
‘Extremely overwhelmed’: apartment renters face rising tide of fees
Guardian investigation: Renters at apartment buildings operated by industry giant Greystar complain they’re deluged by ‘unfair’ and ‘inflated’ fees. The company denies these claims
Elon Musk’s trillionaire status at risk after drops in SpaceX and Tesla’s shares – business live
Financial analyst Bill Blain of Windshift Capital sees signs that SpaceX could fall further, writing this morning:
ECB reports on progress towards euro adoption
Limited progress has been made by the non-euro area Member States of the European Union (EU) on economic convergence with the euro area since 2024, according to the 2026 Convergence Report of the European Central Bank (…
Britain is still stuck on its ex – but after 10 long, lonely years, does the EU feel the same way? | Katy Lee
As a podcast host, I speak daily to people on both sides of the breakup. A decade after the referendum, it’s clear who’s moved on