Bank of England says high value and time-sensitive payments have been affected
Commission president faces uphill battle to deliver on issues such as integrating markets and defence
Labour cabinet minister gives evidence in latest phase of public inquiry into wrongful conviction of sub-postmasters
The attractions for private credit funds of asset-backed lending are clear
Christine Lagarde says September rate cut decision is ‘wide open’
Nearly three-quarters of journeys could be on state-controlled lines by July 2025, analysis shows
French master Gaspard Le Roux’s suites for two harpsichords are elegantly revived by these duelling instrumentalists
Swiss drugmaker says it will only sell medication privately if health systems cannot pay
The rapper was on commanding form during the last date of her Hot Girl Summer tour
Despite Chinese interest, president says he is ‘loyal’ to EU as he hosts German chancellor in Belgrade
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Shipbuilder in emergency talks with Wall Street backer Riverstone
Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership
New government talks a good game on improving employment but needs departments to work together
EU’s most powerful official has pledged to boost defence capabilities and economic competitiveness
JD Vance’s speech was unlike anything heard from the podium of a Republican National Convention in a generation
Also in today’s newsletter, the latest calls for Biden to step aside as the Democratic nominee
FCA launched probe after Nigel Farage ‘debanking’ scandal
Firm tells partners to ‘stay calm’ as exodus of companies prompts lay-offs and cost cuts
Top Communist party committee outlines need to ‘prevent ideological risks’ at five-year policy meeting
Investors will expect stratospheric rewards from the extraordinary surge in investment
‘Use it or lose it’
‘Twisters’ is a whirlwind blockbuster that revisits the 1996 original; set in Istanbul, ‘Crossings’ is a deeply human drama of mismatch and optimism; ‘Thelma’ stars 94-year-old June Squibb as a vengeful granny; ‘Janet Planet’ offers a child’s-eye view of adult angst; Scarlett Johansson and Channing Tatum turn space-race into romcom in ‘Fly Me to the Moon’; Brian Eno’s scenes are shuffled in ‘Eno’ — reviews by Danny Leigh
Report finds focus on influenza, preparations for no-deal Brexit and ‘groupthink’ strategy hampered response to virus
Traders backing short-dated debt to outperform longer maturities encouraged by prospect of interest rate cuts