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Published dates (RSS): 14 Aug – 11 Aug

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They cannot even flush their toilets: life in east London blocks where taps often run dry

Devons Road estate residents describe months-long ordeal of not being able to wash, clean or cook for much of the day Hundreds in London flats left without regular running water since last year Christmas Day in east London. Beatrice Asante empties a bag of potatoes into her kitchen sink and turns on the tap. Nothing. She turns it off and on again. Still nothing. What now? Asante rushes out to the…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Trump’s media company, which also owns Truth Social, reports $238m loss

Company also announced a paid service for early access to president’s posts on policies to the social media site Donald Trump’s media company – which owns the Truth Social platform favored by the US president – posted a $238m loss in the second quarter. Trump Media & Technology on Monday reported that losses in the three months through June came as the company branched into new ventures including…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Burnham to give councils more powers to block vape and betting shops

Vape shops in England and Wales to need planning permission while betting shop law change will also apply in Scotland Councils are to be given powers to stop betting and vape shops taking over their high streets under new plans announced by Andy Burnham. Local authorities will be able to reject new betting shops and adult gaming centres, while vape shops will be subject to planning permission…

Β· 1 MIN READ Β· The Guardian Business (UK)
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US judge drops criminal charges against Indian billionaire Gautam Adani

Justice department says it decided to abandon fraud and bribery case in which Adani Group has denied wrongdoing A US judge on ⁠Monday dismissed criminal charges against the Indian ⁠billionaire Gautam Adani , after ​the justice department said it had decided to abandon the fraud and bribery case. The Brooklyn-based district judge Nicholas Garaufis’s decision to grant federal prosecutors’ rare…

Β· 1 MIN READ Β· The Guardian Business (US)
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The Guardian view on Meta’s smart glasses: regulators must get on the front foot | Editorial

Privacy needs defending against invasive wearable gadgets. So far, businesses are ahead of the government It is not yet clear to what extent Meta’s new smart glasses will live up to the nickname of “pervert glasses” – bestowed in recognition of the obvious appeal of wearable cameras to voyeurs. The past week has seen rising criticism of the devices, which in the UK have been banned by the pub…

Β· 2 MIN READ Β· The Guardian Business (UK)
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Water companies circumventing bonus rules? What did ministers expect? | Nils Pratley

Door was left open to such behaviour because the regulator for England and Wales can only use the powers it was given by parliament Thames Water’s £1m payout to finance chief is ‘unacceptable’, says government department Anybody who followed the supposed “clampdown” on bankers’ bonuses after the great financial crash in 2008 knew what to expect when water company bosses became a similar target…

Β· 1 MIN READ Β· The Guardian Business (UK)
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From ticket booking fees to shrinkflation, six other ways Burnham could cut cost of living

The prime minister is promising to crack down on ‘rip-off’ business practices Andy Burnham has announced he will ban fake discounts and make it easier to cancel unwanted subscriptions in an effort to improve life for UK consumers. In the long run, these so-called “everyday fixes” may not make as much difference to your wealth as increasing mandatory contributions on pensions or capping rents, but…

Β· 1 MIN READ Β· The Guardian Business (UK)
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