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UK economy ‘slightly larger’ than previously estimated after April-June growth revised up – business live
Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The UK economy grew faster than first estimated in the second quarter of the year, despite the disruption caused by the Iran war. “Today’s figures include our annual improvements to the measurement of the economy, incorporating new information that provides a better picture of activity across the UK’s service sector, alongside the usual inclusion of updated and improved data sources. “Growth for 2025 as a whole was a little lower than previously estimated, with the profile of growth across the quarters also revised. “However, stronger services growth in the latest quarter means the economy is now slightly larger than previously estimated.” 7am BST: UK national accounts for April-June 2026 7.45am BST: French inflation report

Energy bills in Great Britain forecast to jump by £276 a year from January
Cap poised to rise by 16% to equivalent of £1,999 for dual-fuel bill as impact of Iran war puts squeeze on homes Household energy bills in Great Britain are predicted to soar by £276 a year for the typical household from January as the impact of the Middle East war continues through the coldest months of winter. The government’s cap on energy prices is poised to jump by 16% to the equivalent of £1,999 for the average annual dual-fuel bill in a further blow to struggling households, according to figures from the leading forecaster Cornwall Insight. Continue reading...

‘Delays are always welcome’: 10 of the best railway station pubs in the UK
Converted from Victorian buffet bars, ticket offices and waiting rooms, these station pubs offer beautifully restored interiors, real ales and a slice of railway history No prizes for guessing what this pub used to be… The Old Ticket Office has high ceilings, walls painted shades of locomotive green and booths resembling train carriages; there are outdoor tables on Station Square. A live train departures board theoretically prevents passengers lingering too long, and a canning machine means any draught beer is also available to take away (the hatch on platform 4 also does takeaway orders). There are five handpulls plus Young’s usual spritz menu and other drinks, plus light bites and pizzas. The pub is currently closed for roof repairs and expected to reopen by the end of October. Continue reading...

Household energy bills forecast to see biggest rise in four years
A typical household faces an annual gas and electricity bill of £1,999 from January, based on a key forecast.

OpenAI unveils AI assistant 'dots' while safety worries delay new model
Sam Altman spoke in San Francisco during OpenAI’s annual event for tech developers.

Nandy says children’s social media ban only ‘staging post’ in online safety drive
Exclusive: Culture secretary says UK will crack down further and be ‘pioneer of tech as a force for good’ Lisa Nandy has warned technology firms that the government’s online safety crackdown is not finished, saying that banning under-16s from social media platforms is only a “staging post”. Earlier this year the government announced that teenagers under the age of 16 would be banned from accessing “high-risk” social media apps, while safer platforms would be subjected to restrictions. Continue reading...