Pound surges to 15-month high against the dollar as US inflation falls to lowest level in more than two years.French plunder Cobham's aerospace business in £850m deal as break-up of the British defence group continues.Watches of Switzerland says demand for luxury timepieces is still outpacing supply as it enjoys bumper profits and sales amid higher prices.BUSINESS LIVE: UK economy shrank in May Chancellor says inflation still a 'drag anchor' Rics says UK housing market remains subdued.Ofcom to investigate Virgin Media after customers complain that phone and internet firm is making it hard to cancel its services.Nine million Britons risk harming their credit score by confusing soft and hard searches: We reveal the top credit rating myths.'New yuppies' favour self-employment and veganism over corporate careers and flash cars Greed is good? Not for today's entrepreneurs.Why star stock picker Terry Smith sold his Amazon shares last month - and why the tech giant's backers disagree with the Fundsmith manager.Do you live in one of the UK's most cashless communities? ATM activity has plummeted 40% - but some areas still prefer to stick to paper money.The property market is deteriorating, warn Rics estate agents: House prices, buyer enquiries and sales all slump.How has the UK stock market performed in the first half of 2023 - and where are investors putting their money?.Revolut customer left 'emotionally sick' after thieves steal his phone and buy £56,000 of crypto and luxury goods - in 28 different transactions.
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