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UK Job Vacancies Fall Sharply as Small Firms Rein in Hiring

UK job vacancies fell by 21,000 to 691,000 in the three months to September as small firms cut hiring due to rising labour costs, energy expenses, and increases in National Insurance and minimum wage.

2 min read

Healey rules out raising Capital Gains Tax to prevent investor exodus

Chancellor John Healey has rejected calls from Labour MPs to raise Capital Gains Tax in his first Budget, citing concerns that higher rates could trigger investor exodus and reduce government revenues.

4 min read

Uber wins court battle to dismiss £340m black cab drivers' lawsuit

A High Court judge has dismissed £340m in claims from London black cab drivers and two private hire firms against Uber, ruling the lawsuits were filed too late. The court did not examine whether Uber gave Transport for London misleading information in 2012.

3 min read

China's exports power growth to 4.5% as French unrest rattles euro and bonds

China's third-quarter GDP grew 4.5%, beating forecasts as exports surged despite weak domestic demand. French protests have rattled markets, pushing the euro lower and French bond yields higher ahead of a budget vote.

4 min read

Welsh house prices rise 4% annually, but affordability remains strained across regions

Welsh house prices rose 4% annually to June, but affordability remains challenging with prices reaching 7.5 times income in some areas. Anglesey led growth at 22%, while Ceredigion fell 9%. Regional variations and cost-of-living pressures shape buyer confidence.

6 min read

Anthropic commits 5% of shares to public benefit fund ahead of IPO

Anthropic announces it will commit 5% of its shares to a public benefit fund supporting nonprofits and AI labour market research, subject to stockholder approval, as it prepares for a potential $1 trillion IPO valuation.

3 min read

China's Q3 Growth Accelerates on AI-Driven Export Surge

China's third-quarter GDP growth accelerated to 4.5%, driven by surging AI-related exports, though domestic spending remains weak amid property sector struggles and high youth unemployment.

4 min read

Britain's home sellers slash asking prices on 3,000 properties daily

Home sellers in Britain are cutting asking prices on more than 3,000 properties daily, the highest rate in 15 years, as elevated mortgage rates and market oversupply force sellers to adjust expectations. Average reductions of 7% reflect buyer caution in a market where affordability remains strained.

5 min read

Heating oil customers brace for costly winter as prices surge 82%

Heating oil customers across south-west England face a difficult winter as prices surge 82% due to the US-Israeli conflict with Iran. Some residents have delayed purchases hoping for price falls, while others fear they cannot afford adequate heating.

4 min read

Pokémon's 30-year reign: From playground cards to global phenomenon

Pokémon is experiencing a global resurgence as longtime fans rediscover childhood favourites and new generations join the craze. The franchise became the world's top toy property in 2025, with trading cards, competitive tournaments and retail operations driving unprecedented growth.

5 min read

Ulster University writes off £800,000 on cancelled Londonderry sports dome

Ulster University has written off £800,000 spent on a proposed indoor sports dome in Londonderry after cancelling the project in August due to financial pressures. The facility's estimated construction costs had escalated from £16.8 million to £20.1 million, and annual operating expenses would ha...

4 min read

PPE scam ringleader sentenced to eight years for fraud worth millions

Jogesh Bhandari, 60, has been jailed for eight years after leading a PPE scam during the Covid-19 pandemic. He spent £126,000 on a Porsche and purchased luxury vehicles using £1.75 million obtained through fraud targeting US and German companies.

4 min read