Empire Cinemas collapses into administration
Six cinemas close in the chain immediately, with the loss of 150 jobs, say administrators.
Final Ford Fiesta rolls off production line in Cologne
Ford has made the Fiesta since 1976 but is modifying its Cologne plant to produce more electric vehicles.
Yellen criticises Chinese curbs against US firms
The US Treasury Secretary said decoupling the world’s two largest economies would destabilise the global economy.
House prices fall at fastest rate in 12 years, says Halifax
Halifax says the drop is the biggest annual fall since 2011 as mortgage rates continue to rise for many.
Martin Lewis felt ‘sick’ seeing deepfake scam ad on Facebook
A fake advert circulating online features a computer-generated likeness of the money-saving expert.
Threads: Twitter threatens legal action over Meta’s new app
Its owner Elon Musk says “competition is fine, cheating is not” a day after the rival app launched.
Can Threads make more money than Twitter?
Mark Zuckerberg has made a fortune selling ads on Facebook and Instagram. Will Threads be the same?
Over-50s who retired at start of Covid much poorer, says IFS
Nearly half of those who retired in 2020-21 are now living in relative poverty, a think tank says.
HS2: Government unclear on Euston station goal, report finds
In March it was announced that work on the new Euston station would be paused for two years.
Tube strike: Week of disruption to hit services, RMT says
Week of strikes to hit Tube services from 23 July in row over pensions and job cuts, RMT union says.