Labour’s crackdown on zero hours contracts could cost businesses up to £2.9bn annually, according to government analysis, though some estimates suggest broader economic benefits.

Federal regulators are investigating prediction market ‘mention markets’ where bettors wager millions on speakers’ word choices. Kalshi has removed sports-related mention markets following the inquiry, though political betting remains available.

The White House reported that over 40 countries helped China circumvent US tariffs by routing exports through nations with lower import duties, potentially moving between $30 billion and $300 billion in goods.

UK summer job market rebounds significantly due to warm weather and major sporting and cultural events, with hospitality and tourism sectors showing double-digit growth in seasonal hiring.

India is moving toward introducing merchant fees on its UPI digital payments system after a decade of free transactions, potentially affecting the network that enabled rapid adoption across 550 million users.

JP Morgan’s Jamie Dimon urges UK Chancellor John Healey against imposing a windfall tax on banks, warning higher levies could reduce jobs and damage the business environment.

Virgin Trains has secured track access approval to run up to 20 daily services between London and continental European cities starting in 2030, challenging Eurostar’s three-decade monopoly on cross-Channel rail routes.

Coffee prices have surged globally, with UK consumers now paying £4-£5 for specialty beverages, reflecting supply chain disruptions from climate events, Vietnam’s drought, Brazil’s frost damage, and tariff impacts.

A BBC investigation across the UK found brazen criminality on High Streets, with over 3,600 shops seized with illegal goods in 2024-25, reflecting broader issues affecting British politics and voter behavior.

Artificial intelligence is disrupting the Philippines’ outsourcing industry, which employs 1.9 million workers and generates $40 billion annually. Former employees report being replaced after training AI systems, raising concerns about automation in emerging economies.

A cyclospora outbreak linked to contaminated lettuce has triggered significant drops in salad sales across restaurant chains and grocery stores this summer, with some chains implementing food safety reassurance campaigns.

Joshua Kushner and Bob Iger have acquired the Los Angeles Lakers from Mark Walter at a $12.5 billion valuation, less than a year after Walter’s initial purchase.