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Live, rolling coverage of business, economics and financial markets as GDP rises in June despite Iran war after stagnating in MayThe UK economy is estimated to be 1.2% bigger than it was a year ago.Real GDP per person is estimated to have increased by 0.4% in the second quarter, up 1.0% compared with the same quarter a year ago.I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pre

Master’s student made first bar with 100% UK ingredients since 1932 to highlight affect of climate crisis on cocoa plants The late queen was the only person in history to have ever eaten a chocolate bar made with 100% British ingredients, after she was given one as a six-year-old in 1932 by the confectioner Rowntree’s.The bar was created from a glasshouse-grown cocoa plant, at Rowntree’s headquarters in York. Continue reading...

Chair criticises use of ‘VIP lane’ to prioritise PPE contracts for companies with Tory connections in damning reportBoris Johnson’s government wasted £10bn of public money with the flawed purchasing of personal protective equipment during the coronavirus pandemic, an official inquiry has concluded.The Covid-19 inquiry chair, Heather Hallett, also criticised the then Conservative government’s controversial “VIP lane”, which gave high priority for PPE contracts to companies with politica