700,000 UK jobs lost since March | Eat Out Help Out wipes £155m in sales
Midday Update
Today’s headlines
Politics
Party in turmoil: Tory MPs increasingly frustrated as Boris Johnson’s authority crumbles
by Michiel Willems
Barclays: Major lending push with £2.3bn deal for Kensington Mortgage Company
Bridgewater: World’s biggest hedge fund bets £8.6bn against European stock market will keep falling
EXCLUSIVE: Sunak to unveil plan to slash EU financial services rules in Mansion House speech
Checking out: CEO of travel giant TUI announces departure after more than 10 years in the job
CMA rules: Construction giants colluded to rig £150m of contracts including Selfridges and Oxford University
Editor’s picks
Politics
After crushing by-election defeat: What next for beleaguered prime minister Boris Johnson?
by Michiel Willems
Ultra: Shares in defence supplier soar as Kwarteng hints of £2.6bn takeover approval
Flying high: 10,000 UK jobs supported as BAE Systems cashes in with £500m order for Spanish fighter jets
BT: Rushes to deny claims that call centre staff have launched foodbank
AA: Praises Asda for not surging petrol prices as diesel approaches dreaded £2 litre milestone
Crypto A.M. Daily: It’s time to stop obsessing with the price of Bitcoin and look to the future
Retail sales: Volumes fell last month as the cost of living crunch eats into April’s gains
Cocktail of problems: Plunge UK consumer confidence to record low
London’s Vacant homes: Increase by the thousands, fuelling squeezed supply
Longer reads
Business
Editorial: Is anybody willing to take responsibility for Strike Island?
by Andy Silvester
Explainer-in-brief: Why paper bank notes are finally on the out
Does pollution pay? It might do unless we develop legal remedies for greenwashing
Price of Aussie wine: Could fall victim to Treasury reforms – yes, even after the trade deal
Sports
Sport
Right of reply: LTA is taking tennis to a wide audience, says chief executive Scott Lloyd
by Matt Hardy
FA director: Baroness Sue Campbell on applying lessons from women’s game to disability football
Blurred lines: Athlete investors on rise as brands embrace new ways to partner with sport stars
Life & Style
A Doll’s House Part 2 at the Donmar is a welcome sequel to Ibsen’s classic
by Steve Dinneen
Where to eat: To support Ukraine and learn about its fabulous cuisine
Baz Luhrmann: Elvis is a joyous celebration of the King of Rock ‘n’ Roll
Glasto: Festivals like Glastonbury aren’t about music, they’re about friendship
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