Writing the summary…
UK economy ‘slightly larger’ than previously thought after Q2 growth revised up; Greggs proposes 740 job cuts – business live
Source: The Guardian
Original reporting
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Boeing chosen by U.S. navy to develop next-generation fighter jet
The Department of War and the U.S. Navy said Tuesday that it's chosen aircraft manufacturer Boeing to develop its next generation of fighter jets.
The Guardian
Poundland management in rescue talks that could save 11,000 jobs
Ex-Asda boss Andy Bond linked to plan, with buyout team understood to be negotiating with financial backer Poundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save more than 11,000 jobs. The former Asda boss Andy Bond, who ran Poundland for a number of years from 2016 then stepped up to its former parent Pepco before leaving in 2025, is understood to be part of the negotiations to take on the business. Continue reading...
CNBC
Trump denies offering Iran sanctions relief; Qatar pushes for peace talks
U.S. President Donald Trump has denied reports that he had offered sanctions relief to Iran in exchange for concessions from Tehran on its nuclear program.
BBC Business
People troll my DIY but they just spur me on
Female DIY experts and tradeswomen talk about their experiences of a traditionally male-dominated domain.
The Guardian2 outlets
I heard one thing loud and clear in Andy Burnham’s landmark speech: the left has won the arguments | Owen Jones
The PM’s stated trajectory is a rebuke to past Tory and Labour governments. The challenge now is to make his project progressive in word and deed As Andy Burnham delivered his conference speech to the Labour faithful yesterday, it was hard not to recall Jeremy Corbyn’s words after the party’s shattering 2019 election defeat. “I am proud that on austerity, on corporate power, on inequality and the climate emergency,” he wrote for this publication, “we have won the arguments and rewritten the terms of political debate.” Given Boris Johnson’s 80-seat majority, widespread mockery ensued. But when it comes to rhetoric, who can now deny that the left has won the argument? A Labour prime minister has declared that “Britain has been on the wrong path for a long time”, listing five villains: “Deindustrialisation, deregulation, privatisation, austerity, Brexit.” His speech was infused with class p
CNBC2 outlets
Pressure on U.S. Treasurys eases after 30-year yield hits highest level since 2002
U.S. Treasury yields largely rose Tuesday, adding to the gains that catapulted them to multi-year highs amid central bank monetary policy concerns.