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Folly of state ownership: Nationalising the water utilities would drain Britain dry, says ALEX BRUMMER

Today

An immediate decision facing prospective Prime Minister Andy Burnham and his Cabinet, when in office, is the financial mess at Thames Water.

Legendary Fed chief Alan Greenspan - who served under four US presidents -dies aged 100

Today

Greenspan, who oversaw the second-longest economic expansion in US history, was chairman of the US Federal Reserve from August 1987 to January 2006.

Babcock boss sounds the alarm over defence spending amid upheaval in Downing Street

Today

David Lockwood said Keir Starmer would have to decide whether he should sign off the military spending increase 'or whether that should be a task for his successor'.

Andy Burnham warned 'basket case' Britain cannot withstand any more tax hikes as economy flounders

Today

The new MP for Makerfield looks set to take over as Prime Minister this summer after Keir Starmer announced his resignation

Is your car heatwave ready? Top tips to get drivers through the red weather warning this week

Today

The RAC says breakdown callouts have increased by around 20% today compared with a typical Monday in late June, while the AA has told motorists to expect to see gritters out on the roads.

Australian clothing and footwear chain rejects £166m bid from Mike Ashley's Frasers Group

Today

Frasers, which already owns a 22.9 per cent stake in Accent, made an offer for the rest of the business earlier this month. But Accent said the price was 'materially inadequate' and 'opportunistically timed.'

Labour will fall 662,500 homes short on manifesto pledge to 'Get Britain building' according to forecast

Today

During the 2024 election campaign, outgoing Prime Minister Keir Starmer promised his party would 'Get Britain building again' and deliver 1.5million new homes.

Ocado searches for new boss to succeed co-founder Tim Steiner

Today

Steiner, a former Goldman Sachs bond trader, has led the company for 26 years since he co-founded the business in 2000.

Best fixed energy deals: Beat the energy price cap rise

Today

Fixed energy deals have been gradually returning to the market, so are there any that beat the current cap?

Under 40s from Birmingham are most likely to switch current account - which banks offer the best deals?

Today

The age group was nearly twice as likely to move bank than average, as banks offer up to £220 in cash for their business.

Chancellor's electric car tax is already stifling EV demand two years before pay-per-mile charges are introduced

Today

Pay-per-mile road tax is set to come into effect in April 2028 and will see EV drivers pay 3p per mile driven. Almost one in three motorists say the road tax has already put them off buying an EV.

How to build an 'escape fund' to quit your job or marriage in as little as a year

Today

If you're serious about making a life-changing getaway, having a decent pot of money stored up can help you take the leap.

Labour warned wealth tax under new leader could spark £100bn exodus from UK as rich flee

Today

Asset manager Rathbones said a fresh tax raid on wealth and property under a new Prime Minister and Chancellor 'would be economically damaging to the UK'.

Why Audi's £82k diesel SUV can run on vegetable oil - but is it better than getting an EV and where can I fill up?

Today

The German car giant has turned to a different recipe book for its latest luxury SUV by using a special diesel. Where could you fill up and would it save you money?

How to make your child or grandchild a millionaire by spending as little as £25: From the little-known pension trick to the Premium Bonds hack, here's how to secure their financial future from infancy

Today

Who wouldn't want their children or grandchildren to be in with a chance of becoming a millionaire? Premium Bonds are a popular gift for younger relatives because they offer the thrill of the draw

EasyJet rejects third 'highly opportunistic' £4.7bn Castlelake bid

Today

The airline said it had concluded that the latest offer 'represents an opportunistic attempt to acquire easyJet "on the cheap"'.

End of the road for the two-car driveway as two in five households can't afford to run more than one

Today

Running a second vehicle has become a luxury that many families say they've cut back on due to the cost of living crisis, a recent straw poll revealed.

Shein loophole is 'killing' UK retailers, boss of Sostrene Grene warns

Today

Mikkel Grene joins the bosses of businesses, including Primark and Marks & Spencer, in calling for a crackdown on the Chinese online retailers.

Germany could hike state retirement age to 70 in sweeping overhaul: Could it happen in Britain, too?

Today

Proposals by a German government-appointed pensions commission are set to recommend hiking the official age once a decade between now and 2092.

If Burnham becomes Britain's next Prime Minister, he will inherit a fiscal disaster, says HAMISH MCRAE

Today

We are two months into the new financial year and so far the Government has borrowed £46.3billion, £8.9billion more than the same period in 2025.

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