BBC News – Business

• Train strikes: Passengers face disruption as rail services hit
  Half of Britain's lines are shut and some places have no trains at all, as 45,000 workers walk out.
• Tory leadership race: Tax cut pledges are unrealistic, says IFS
  Slashing taxes would add to pressures on public finances unless spending is also cut, the IFS warns.
• US and Taiwan announce formal bilateral trade talks
  The talks come weeks after a controversial visit to Taiwan by US House Speaker Nancy Pelosi.
• Japan urges its young people to drink more to boost economy
  The government's tax agency has launched a programme to encourage a new generation of sake drinkers.
• UK drought: Why we need to get used to wonky vegetables
  Our produce is likely to be smaller, odd-looking, or even leathery after the hot, dry weather.