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Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentialsBusiness live – latest updatesConsumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men’s football World Cup and more people holidaying in the UK lifted summer spending.A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long

Average cost of a 30-second spot during tournaments airing on Fox was reportedly between $200,000 and $750,000Fox Corp, parent company of Fox News and the US broadcaster of the Fifa World Cup, reported revenue up 28% to $4.21bn in the fiscal fourth quarter, thanks largely to adve

While some users say the wearables have changed their lives, critics voice fears over safety and privacyWith more than 7m pairs reportedly sold in 2025, Meta’s Ray-Ban smartglasses are fast becoming one of the world’s most popular gadgets.While supporters say they are transformin

The AI company apparently found destructively scanning ‘all the books in the world’ easier than dealing with copyright in its quest for training dataShould we destroy all the books in the world?An answer to this question can be found in the court documents of Bartz v Anthropic PBC. The northern California district court case, decided in late July this year, highlighted the improbably named “Project Panama”, one of the AI company Anthropic’s efforts to improve its large language model C

Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debutFor the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June.SpaceX beat Wall Street expectations, reporting $7.81bn in revenue, versus analysts’ predictions of $6.93bn. While expansive, the company

Gianni Infantino is under increasing scrutiny following his World Cup sell-off plan. We look at each confederation’s relationship with the presidentThe pressure is growing on the Fifa president, Gianni Infantino, with many countries withdrawing their support following the bungled World Cup sell-off. However, how key is Infantino’s relationship with each confederation and is it likely that an election contest will actually happen? We look at the key considerations, confederation by conf

Thames Water says it has £515m cash in the bank as its debts swell to £18.5bnGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.China grew 4.3% in the quarter to 30 June, one of the slowest rates on record, as sluggish domestic demand outweighed a surge in exports.While operationally the business is improving, we are also working with our creditors, regulators and government to complete our recapitalisation.10am BST: Eurozone indu

Paid-for political access and threadbare regulations have helped to embed the US tech firm in the NHS – and beyond. But there is a way to free ourselvesAndy Burnham faces a lot of big decisions. But one of the incoming prime minister’s biggest early tests is what he does about the world’s “scariest company” – Palantir. The US defence and surveillance tech behemoth has a swathe of British public contracts, including, most controversially, a £330m deal with the NHS. It’s pretty clear wha

Around the world, climate-sceptic parties are exploiting floods and fires to make political capital. Without urgent changes, this deadly spiral will continueRecent unprecedented heatwaves in the UK may have killed thousands of people. Children are suffering in overheating schools. NHS trusts are straining under record-breaking demand. This all comes after climate extremes have even affected national security, with three of Britain’s five worst harvests coming since 2020, impairing food

More than 158,000 items of fake kit seized featuring World Cup semi-finalists England, France and SpainMore than 158,000 fake football strips have been seized in an operation targeting World Cup counterfeit kit and blocking criminals from trying to “cash in on fan demand”.Edinburgh’s trading standards team confiscated 9 tonnes of Scotland, England and other nations’ fake kits, worth an estimated £5.5m. Continue reading...

Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tnBusiness live – latest updatesChina’s monthly car ‌exports topped 1m for the first time in June as overall overseas shipments from the world’s second biggest economy rose 27%.Official Chinese customs data showed that a stronger-than-expected trade performance kept China on track to match or beat last year’s record trade surplus of $1tn (£748bn), achieved despite Donald Trump’s

Brent crude rises over $85 a barrel after US carries out third night of strikes against IranGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Oil prices rose more than 2% after the conflict in the Middle East worsened, with the US carrying out a third consecutive night of strikes against Iran. Two tankers came under fire in the strait of Hormuz.Stasis has taken over markets as investors wait for the latest twist in the Iran confl