World of Business

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Tom Cruise's Digger faces $245m loss as box office collapse deepens

Tom Cruise's satirical black comedy Digger faces a projected $245m loss for Warner Bros. after collapsing at the box office, with second-weekend ticket sales dropping 60%. The film's $35m global total falls far short of its $280m production budget.

4 min read

Cast member Tom Cruise attends a premiere for the film Digger in Los Angeles, California, US September 28, 2026

UK inflation hits three-year high as Nobel economics prize announced

UK businesses face their sharpest inflation pressures in three years as energy and material costs surge, while the Nobel Prize in Economics is announced today. The government confronts a £35bn budget shortfall, and the EU caps Chinese hybrid car imports.

8 min read

Stanlow Petrol Refinery in Ellesmere Port, England.

Heating oil customers face fuel or food choice as prices surge 74% in seven months

Around 1.7 million UK households relying on heating oil face bills of £550 to fill a 500-litre tank as prices surge 74% in seven months. For those on fixed incomes, rising costs force impossible choices between heating and food. The government has announced regulatory changes, but campaigners say...

10 min read

A large red and blue truck parked up delivering domestic heating oil through a red pipe, seen at the front of the shot.

Deloitte Helped Falsify Documents to Hide Abramovich's $672m Fortune, Investigation Finds

An investigation has found that Deloitte helped falsify documents to hide Roman Abramovich's $672 million in assets and evade tax through a network of offshore companies in Cyprus. The scheme involved backdating transfers and creating shell companies to conceal wealth from authorities.

9 min read

A composite image with four sections showing Chateau de la Croe, a white neo-classical villa surrounded by cypress and other trees; the Pelorus, a white super-yacht; the Fyning Hill estate viewed from the air, showing a large mansion with half-timbering; and Le Grand Bleu, another superyacht with a navy blue hull.

UK faces £35bn fiscal gap as Putin undermines Trump's Ukraine ceasefire

UK newspapers lead on a £35 billion fiscal gap warning from the Institute of Fiscal Studies and Russia's attacks on Ukrainian energy infrastructure hours after Trump announced a ceasefire. Zelensky rejected the deal, while international attention focuses on Riyadh airport attacks and their impact...

7 min read

"Tax rises needed to plug £35bn gap, UK economists warn chancellor" reads the headline on the frone page of The i Paper.

Unregulated Debt Advisers May Worsen Your Financial Troubles

As credit card defaults rise, unregulated debt advisers are using pressure tactics and misleading claims to steer struggling households towards expensive solutions. Free, impartial advice is available—here's how to spot the difference.

5 min read

Woman with dark hair holds a credit card in one hand and a smartphone in the other.

Nebraska ranchers face soaring costs while reassessing Trump loyalty

Nebraska ranchers face mounting costs from tariffs, fuel prices, and foreign beef imports, forcing some Trump supporters to reconsider their political allegiances ahead of the November election.

9 min read

Yvette Mannon rides her horse on her ranch amidst her cattle grazing

Volkswagen chief backs EU plan to shield European carmakers from Chinese competition

Volkswagen's chief Oliver Blume backs EU proposals to protect European carmakers from Chinese competition through "Made in Europe" rules, as the company announces major restructuring including 100,000 job cuts by 2030.

4 min read

A white electric SUV, the ID. Tiguan, is parked and charging near a concrete building

Halloweenmas: From One-Night Fright to Month-Long Celebration

Britons are extending Halloween celebrations into a month-long seasonal event called Halloweenmas, complete with decorated trees and themed gifts. Product sales have surged 500% in four years, driven by younger adults seeking creative self-expression without Christmas's financial pressure.

5 min read

Closeup of a Halloween tree with jack-o'-lantern and sugar skull baubles amid gold tinsel and black roses

Charities and businesses struggle as diesel prices surge past £2 a litre

Charities and businesses across the North East are struggling as diesel prices exceed £2 per litre for the first time. Cancer charity Daft as a Brush now spends £15,000 monthly on fuel, while commercial operators warn of long-term viability concerns.

4 min read

Scott Jobson, a man with a shaved head and beard who wears glasses, standing in front of the bright blue vans used by the Daft as a Brush charity. He is wearing a similarly coloured lanyard.

Three friends, three paths: how student debt shaped their lives a decade on

Three friends who borrowed £37,500 each under Plan 2 student loans in 2012 now face vastly different financial outcomes a decade on. One has cleared her debt, one watches her balance climb despite payments, and one's loan remains static. Their experiences highlight frustrations with the controver...

8 min read

Three women standing close together. all have long brown hair. The woman on the left is wearing large earrings, red lipstick and a red top. The woman in the middle is wearing matching metal earrings and necklace and a light blue top. The woman on the right is wearing a black top with a vblack silk parter detail. They are all smiling.

Airlines warn of mounting crisis as King settles Andrew's £1.5m repair bill

Airlines warn of a mounting crisis as fuel costs force carriers to cut flights, while King Charles settles a £1.5m repair bill for his brother Andrew's former residence. Retail leaders and business figures sound alarms ahead of the government budget.

7 min read

The headline on the front page of the FTWeekend reads: “Airlines sound alarm on costs crisis”.

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