Politics
Create new pre-apprenticeship scheme to close youth unemployment gap, says Milburn
Exclusive: Former minister’s review warns that dramatic action is needed over huge drop in youth apprenticeship starts
Politics
Politics
AI surveillance startup Flock to cut several hundred jobs amid backlash, sources say
Flock Safety plans to shed about 18% of its employees, people with direct knowledge of the plans said on Thursday, as the maker of AI -powered surveillance cameras and license-plate readers faces mounting opposition to…
Politics
Trump establishes committee to investigate Fed governor Lisa Cook
US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional
Politics
Trump says Putin agreed to immediately release more diesel to markets
US President Donald Trump says he has reached an agreement with Russian President Vladimir Putin allowing Moscow to "immediately release" diesel to the US and globally.
Politics
SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its affiliates under certain co…
Politics
China agrees to ‘halve’ hybrid car exports to EU in landmark deal
Brussels says Beijing’s shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobs
Politics
Liam Coleman appointed as chair of the Financial Ombudsman Service
The FCA Board has appointed Liam Coleman as chair of the Financial Ombudsman Service, with the approval of the Treasury.
Politics
Shein outsells British rival Asos as UK revenue hits £2.58bn
Online retailer’s 26% jump sharpens focus on exemption letting cheap parcels into the country duty-free
Politics
Heathrow’s third runway is a bottomless money pit. Stop it now | Simon Jenkins
Infrastructure sends politicians berserk. Propose more money for the health service or reopening youth clubs and frowns break out all round. Can we afford it? But shout infrastructure and cheers go up. The word suggests…
Politics
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families
The Federal Reserve Board on Friday released the results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families.
Politics
CMORG holds sector-wide cloud outage simulation exercise
The Cross-Market Operational Resilience Group (CMORG) yesterday (8 October 2026) completed its biennial simulation exercise, known as SIMEX26, focused this year on a global cloud services disruption.
Politics
Revealed: the ‘black box’ wastewater trade that rakes in millions for UK utility companies
Exclusive: Firms made more than £340m last year from processing industrial and commercial wastewater at sewage works that are unable to remove many chemical pollutants
Politics
OpenAI projected to bring in $20bn less in revenue than expected
OpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in demand for AI.
Politics
Virgin unveils its future cross-Channel train as it gears up to take on Eurostar
Flash interiors, fancy food and maybe even a bar: Virgin has unveiled a mock-up of its future cross-Channel train, with a pledge to create “something genuinely new”.
Politics
Sydney trader sacked for working from Singapore without permission wins unfair dismissal case
Employee had also been in Bali when he told his manager he was working from home, Fair Work Commission hears
Politics
Harvey Nichols’ Birmingham store to close in January
Closure will cost at least 60 jobs, while Leeds and Bristol outlets to be converted to Flannels brand
Politics
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
The Federal Reserve Board on Thursday announced an enforcement action against American Express Company to address, among other things, the firm's failure to sufficiently detect and report certain suspicious activity rel…
Politics
MoD has objected to four windfarms in past year over radar interference fears
Complaints risks putting defence ministry on collision course with Department for Energy Security and Net Zero
Politics
E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers
Competition watchdog clears takeover despite concerns that suppliers will have less incentive to lower bills
Politics
Oil prices jump 5% on Middle East tensions and US hurricane threat
Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast.
Politics
Meeting of 9-10 September 2026
Ms Schnabel started her presentation with the observation that, since the Governing Council’s monetary policy meeting on 22-23 July 2026, euro area financial markets had continued to be driven by energy price developmen…
Politics
Supermarket shake-up: why Asda or Morrisons could vanish within a decade
Talks between Sainsbury’s and Morrisons have set industry tongues wagging, with analysts saying the market is ripe for change
Politics
New rules to make long-term investment funds clearer
The FCA has set out clearer expectations for asset managers about long-term investments, such as property.
Politics
Asos says customers’ names, contact details and search histories hacked
Asos hackers gained access to millions of customers’ recent search histories as well as names, addresses and phone numbers, the online fashion retailer has revealed.