Ex-civil service chief says government 'lacks ambition' on SME targets | Mark Kleinman blog

More from Business

• NESO issues rare summertime plea for more power as temperatures to soar

  For only the third time in its history, the British electricity system operator has warned of tight supplies in the summer months.

• Disability benefits 'not fit for purpose' and assessments 'dehumanising', new report finds

  Personal Independence Payments (PIP) are "not fit for purpose" and can create barriers to work, while the assessment process can be "dehumanising", a new report found.

• Energy costs rise and stocks fall sharply as US-Iran peace is shattered

  There has been a marked increase in global energy prices amid fears of a prolonged resumption to hostilities between the US and Iran.

• Financial stability at risk from artificial intelligence - Bank of England says

  The UK financial system is at increased risk from artificial intelligence (AI), the Bank of England has said.

• Qatari tanker hit as it travelled through Strait of Hormuz

  A Qatari tanker has been hit as it travelled through the Strait of Hormuz, suffering significant damage, Qatar's foreign ministry has said.

• The capital gains tax changes Burnham could make - and the consequences experts are warning about

  With Andy Burnham seemingly heading unchallenged to Number 10, the spotlight is on him and his closest allies for clues about their policy agenda.

• Sky to pay £1.6bn for ITV's broadcast and streaming division

  ITV has agreed a £1.6bn deal with Sky, the owner of Sky News, for its media and entertainment arm following months of talks.

• So, what does Sky's £1.6bn deal with ITV mean for viewers? For now, not much

  The residents of Coronation Street might have survived serial killers and tram crashes, but the biggest ITV plot twist has been unfolding in the boardroom.