Annual energy bills set to rise £35 in October, Trump slaps 50% tariff on India – business live

The energy regulator for Britain, Ofgem, has said it will increase the cap on energy bills from October by 2%, the equivalent of a £35 rise in annual bills for the average home.Here’s more details of the energy price cap just announced, from Ofgem.If you are on a standard variable tariff (default tariff) and pay for your electricity by Direct Debit, you will pay on average 26.35p pence per kilowatt hour (kWh). The daily standing charge is 53

Thames Water agrees payment plan for £123m sewage and dividend fines

Thames Water has agreed a payment plan with the water regulator for fines it owes worth £123m, as it races to secure funding to avoid temporary nationalisation.The water company, which serves 16 million customers across London and the south-east, is currently trying to pull together a deal to avoid collapse.Earlier this month the government approved the appointment of insolvency advisers FTI Consulting to consult on plans for Thames Water to be placed into a special administration regime.The debt-laden utility company was hit with a record £104m fine by Ofwat in May over environmental breaches involving sewage spills, after failing to operate and manage its treatment works and wastewater networks effectively.At the same time, a further £18

Half of UK adults worry that AI will take or alter their job, poll finds

Half of adults in the UK are concerned about the impact of artificial intelligence on their job, according to a poll, as union leaders call for a “step change” in the country’s approach to new technologies.Job losses or changes to terms and conditions were the biggest worries for the 51% of 2,600 adults surveyed for the Trades Union Congress who said they were concerned about the technology.AI is a particular concern for workers aged between 25 and 34, with nearly two-thirds (62%) of those surveyed reporting such worries.The TUC poll was released as a string of large employers – including BT, Amazon , and Microsoft – have said in recent months that advances in AI could lead them to cut jobs.Britain’s job market is slowing amid a cooling economy, with the UK’s official jobless rate at a four-year high of 4

Bob Owston obituary

My friend and colleague, Bob Owston, who has died aged 88, was an engineer; he was also employed as a project architect, in particular on works at York University.He was the structural engineer, working with the architect Jack Speight, on the brutalist York Central Hall, built in the mid-1960s and now listed Grade II. Also at York, Bob contributed an elegant Corten steel footbridge, several halls of residence, language and psychology blocks and the Sally Baldwin building. Elsewhere, he was responsible for the pier approach building in Bournemouth, evocative of seaside culture.Born in Great Ayton near Middlesbrough, North Yorkshire, Bob was the son of Henry, a steelworks manager, and Dorothy (nee Prosser)

Mitch Brown’s coming out shows the AFL what courage and grace look like | Jonathan Horn

As a footy writer, I keep a rather shambolic database of current and former footballers. It’s kind of a buoy I can grab on to when I’m up against a nasty deadline. Sometimes it’s four of five paragraphs; sometimes it’s a sentence on so-and-so’s inability to kick on his left, or his poor record against a certain player, or something vaguely interesting he said on a podcast. When Mitch Brown became the first man in VFL/AFL history to come out as gay or bisexual, I was curious to see what I had written on him. Here’s my Pulitzer worthy offering: “Nathan’s twin

From the Pocket: AFL finals fever cools as buds of the silly season shoot early

Winter is done, spring has sprung. The AFL season has finally found a wave of momentum. Port Adelaide leaned into their emotion, Collingwood and GWS Giants hung on in thrillers, Fremantle sealed their return to the finals. A neatly scheduled four days of football filled with tension ended as Brisbane reaffirmed their premiership credentials.The home-and-away season has reached a crescendo, and there is still one more game to play