Environment Agency launches criminal proceedings against former Southern Water CEO
Matthew Wright among four former employees facing allegations over rigging wastewater test results
How the West Country became the UK’s most dysfunctional property market
Unsold homes are piling up as locals can’t afford to buy properties at a price that homeowners are willing to sell for
Tate appoints curator Jessica Morgan as new director
Appointment to role considered biggest job in British art comes at pivotal moment for cultural institution
European gas prices approach Iran war highs as traders fret over winter supplies
Heatwaves and bidding war with Asian buyers leave market vulnerable to Strait of Hormuz disruption
Deutsche Bank headquarters raided for third time this year
Latest search threatens to detract from efforts to rehabilitate German lender
What new EU rules mean for the aviation industry
A clever compromise avoids reigniting Brussels-Washington trade tensions
Germany to buy stakes in defence start-ups
The measure is one of more than 150 designed to boost funding for start-ups in Europe’s largest economy
Leicester City owners explore sale a decade after Premier League title
Thailand’s King Power sounds out buyers for football club that has dropped two divisions since its underdog glory
NHS England adds caveat to Palantir claims after watchdog investigation
Regulator urges health service to ensure communications about software’s benefits are ‘clearly and appropriately labelled’
Zelenskyy replaces top Ukraine general after mass protests
President picks 43-year-old Mykhailo Drapatyi to replace Oleksandr Syrsky in generational shift in military leadership
Burnham can be the failure that Britain needs
Big government must be tested to destruction for serious reform to finally happen
Citadel Securities opens Amsterdam options trading office
Market maker is the latest to establish presence in Dutch capital as it expands European push for equity derivatives hub
Prologis lifts Segro offer to £14bn as takeover battle intensifies
US real estate giant’s ‘best and final’ approach for London-listed rival follows previous £13.5bn bid
FirstFT: Where is Venezuela’s oil money?
Also in today’s newsletter: OpenAI ‘agent’ escapes testing and hacks into start-up, and Ukraine’s military shake-up
US food illnesses climb as authorities struggle to identify source
Thousands have been sickened in an outbreak centred in the Midwest and believed to be tied to a parasite found on lettuce
How to give it... to Venezuela, Gaza and other seasonal charities
Artist-designed record sleeves, photographer prints and watermelon sculptures
US start-up wins EU approval for sight-restoring bionic eye
Decision will allow Science Corp to treat patients with retina implants in coming months
Japan’s cup noodle pioneer gives cold shoulder to boiling water
Nissin launches two instant Cup Noodle varieties in Japan that do not require putting the kettle on
Jesse Livermore’s life in the pink pages
How the FT covered the Great Bear of Wall Street
Cutting VAT from energy bills is a painkiller, not a cure
Fighting cost-of-living pressures this way may symbolise change but it cannot be a long-term solution
Lloyd’s says ex-CEO failed to disclose ‘close’ relationship with employee
Insurance market says John Neal’s behaviour fell ‘significantly below the standards expected’
Oil rises past $95 after Trump threatens further Iran escalation
Goldman Sachs warns Brent crude price could jump to $120 if Strait of Hormuz remains ‘disrupted’
UK inflation falls more than expected to 2.6% in June
Figure comes as Prime Minister Andy Burnham seeks to cut cost of living
Wetherspoons issues fourth profit warning this year
Pub chain hit by weak sales and cost rises