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Andy Burnham to cut VAT on electricity bills as first cost of living move
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The Guardian · World

Andy Burnham to cut VAT on electricity bills as first cost of living move

Newly appointed chancellor John Healey says reduction will be funded by cancelling digital ID schemeElectricity bills will be reduced by an average of £45 a year from October, after Andy Burnham announced the government would remove VAT from them.The new prime minister said on Tuesday he was impleme...

Kiran Stacey Policy editor and Jamie Grierson
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JP Morgan boss warns of ‘consequences’ if Burnham taxes banks
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The Guardian · World

JP Morgan boss warns of ‘consequences’ if Burnham taxes banks

Higher taxes on sector could threaten plan for £3bn headquarters in London, says Jamie DimonBusiness live – latest updatesThe boss of JP Morgan, Jamie Dimon, has warned Andy Burnham against raising tax charges on banks, suggesting it could threaten plans to build its £3bn headquarters in London and...

Mark Sweney
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UK employers cut job vacancies as Burnham aims to lift living standards
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The Guardian · World

UK employers cut job vacancies as Burnham aims to lift living standards

Unemployment holds steady at 4.9%, underlining the challenge facing the new prime ministerBusiness live – latest updatesEmployers cut the number of job vacancies in May, according to official figures that highlight the UK’s “fragile” economic outlook amid the conflict in the Middle East.Job vacancie...

Phillip Inman
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Why has Labour briefed against Ed Miliband – is it his success and popularity?
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The Guardian · World

Why has Labour briefed against Ed Miliband – is it his success and popularity?

Tories, Reform, fossil fuel industry and some in his party lined up against net zero agenda as energy secretary“Whenever the Labour party feels a bit sad,” according to one close observer of the current government, speaking some months ago, “they wheel out Ed Miliband to talk about rooftop solar.”It...

Fiona Harvey Environment editor
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UK borrows less than expected in June in boost for Burnham
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The Guardian · World

UK borrows less than expected in June in boost for Burnham

Figure of £16bn from ONS comes after new prime minister revealed plans to cut VAT on electricity billsBusiness live – latest updatesThe UK government borrowed less than expected in June, in a boost for Andy Burnham as he set out plans to cut VAT on household electricity bills and promised a new dire...

Richard Partington Senior economics correspondent
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Gaza celebrates World Cup victory of Spanish team they took into their hearts
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The Guardian · World

Gaza celebrates World Cup victory of Spanish team they took into their hearts

People gather at cafes and outdoor screenings to support team after Spain’s backing for Palestinian rights The Spanish football team’s World Cup win has been celebrated in the streets of Gaza, where Spain’s support for Palestinian rights and Israel’s backing for the Argentinian team turned the comp...

Seham Tantesh in Gaza and Emma Graham-Harrison in Jerusalem
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UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned
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The Guardian · World

UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned

Vertical Aerospace says government has given £10m backing, taking its total investment in the project to £48mBritish flying taxi startup Vertical Aerospace has said the UK government has expressed interest in buying a military variant of its aircraft as it races to gain approval for flights with pay...

Jasper Jolly in Farnborough
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Tuesday briefing: Inside Andy Burnham’s first day
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The Guardian · World

Tuesday briefing: Inside Andy Burnham’s first day

In today’s newsletter: As the new prime minister enters No 10, our journalists take you through what it was like covering his first hours in powerGood morning, and let’s abandon all conditional tenses because finally Andy Burnham is UK prime minister and, on a day of ceremony and celebration, he ple...

Libby Brooks
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UK surrogacy law ‘creaking at seams’ as demand rises sharply
T
The Guardian · World

UK surrogacy law ‘creaking at seams’ as demand rises sharply

Experts urge ministers to update legislation to prevent intended parents resorting to riskier arrangements abroadSurrogates, parents and children are being failed by the UK’s archaic laws, which are “creaking at the seams” as demand for surrogacy grows rapidly, experts have said.Figures obtained by...

Rachel Hall and Jessica Murray
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