Desmond handed £40m losing Lottery ticket | Mark Kleinman blog

More from Business

• Morrisons to shut 100 'loss-making' stores blaming surge in costs

  Morrisons says it is to shut "loss-making" convenience stores, placing hundreds of jobs at risk.

• Fuel sales collapse as Iran war costs knock savings

  A growing number of UK households are dipping into savings as rising costs linked to the US-Iran war pile pressure on family budgets, according to a closely-watched survey as official figures chart a collapse in fuel sales.

• Back to the future as Rachel Reeves fires up summer spending reminiscent of Rishi Sunak's COVID scheme

  Rachel Reeves' Great British Summer Savings, a family-friendly bundle of VAT cuts for kids' meals and leisure attractions, and free bus travel to get to there, is reminiscent of a previous Treasury wheeze intended to lift spirits in a troubled summer - think Eat Out To Help Out, without social distancing or gnawing anxiety.

• SpaceX targets record flotation that could make Musk a trillionaire

  Elon Musk has revealed plans for a stock market flotation of SpaceX that looks set to raise a record sum and could make him the world's first trillionaire.

• Zuckerberg warns 'success isn't a given' as 10% of Meta workforce laid off

  Tech giant Meta has laid off 10% of its workforce - as chief executive Mark Zuckerberg warns that "success isn't a given".

• The parking mistake that operators can't fine you for – but often do | Money newsletter

  More than 190,000 people have now signed up to our free Money newsletter, which brings the kind of content you enjoy in the award-winning Money blog directly to your inbox every week.

• Nvidia continues record breaking streak but not everyone is convinced

  The world's most valuable company has reported another series of record-breaking and expectation-defying results, easing fears, for now, of a slowdown in the AI boom.

• Supermarkets 'encouraged to cap food prices' by government to help with cost of living crisis

  The government has moved to distance itself from reported efforts to introduce price caps on key supermarket products, such as eggs, bread and milk, in return for the easing of some regulations.