Text to follow
BBC Business News
- British Steel taken into public ownership to protect 'vital' UK supply July 16, 2026The Scunthorpe steelworks has been officially nationalised under new government powers passed this week.
- Aer Lingus proposes cutting 500 jobs under savings plan July 16, 2026The company proposes cutting 290 roles in its head office, along with 140 cabin roles and 70 pilots.
- Investigation into parking charges for drivers queuing at petrol stations July 16, 2026It's part of a wider crackdown from the consumer regulator into potentially unfair practices by private parking operators.
- TikTok faces Ofcom investigation over child age checks July 16, 2026It follows a review by the regulator in May that criticised the platform for not being "safe enough" for children.
- Chip giant TSMC pledges another $100bn to expand US production July 16, 2026The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.
- Who is the frontrunner to be the UK's next chancellor? July 16, 2026Andy Burnham will be moving into Downing Street next week, and a question remains over who will be his neighbour in Number 11.


