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Economy dominates midterms as voters weigh Trump's record on costs and inflation

With two weeks until the midterm elections, economic anxiety dominates voter concerns. Polls show widespread frustration over inflation, gas prices, and affordability, with voters split on whether Trump's policies or external factors bear responsibility for rising costs.

9 min read

Thames Water seeks £2.4bn emergency funding to survive until late 2027

Thames Water requests £2.4bn emergency funding from creditors to avoid running out of cash by late 2026 or early 2027, as negotiations on a long-term rescue plan continue. The company has already drawn most of a £3bn lifeline and faces political pressure over bill freeze requirements.

4 min read

Global tech stocks plunge as inflation fears and AI debt concerns trigger market turmoil

Global technology stocks have plunged amid surging US inflation and concerns over heavy debt in the AI sector. South Korea's Kospi 200 fell 8.1% to a six-month low, while Japan's Nikkei dropped 4.9%. The sell-off was triggered by September inflation data showing prices rose 3.7% year over year, t...

6 min read

Congress unveils bill to investigate Wall Street executives with Epstein ties

Congress has introduced the Epstein Wall Street Records Act to compel federal regulators to investigate financial institutions and executives with ties to the late financier. The bipartisan bill follows Senator Elizabeth Warren's criticism of Barclays for inadequate responses about former CEO Jes...

5 min read

Cloudy wines and pét nat surge as supermarkets embrace unfiltered trend

Marks & Spencer's Trouble rosé marks a turning point as cloudy wines enter mainstream British supermarkets. These naturally hazy, unfiltered styles offer texture and complexity that appeals to food-focused drinkers, following the earlier surge in pétillant naturel popularity.

5 min read

Healey pledges to protect UK economy's resilience as growth beats forecasts

Chancellor John Healey has pledged to protect the UK economy's resilience when presenting his budget on 28 October, following data showing growth beat forecasts in August. The economy expanded 0.1% monthly and 2.1% annually, exceeding expectations, while the IMF upgraded its 2026 growth forecast ...

8 min read

UK economy grows 0.1% in August as chancellor prepares Budget

The UK economy expanded 0.1% in August ahead of Chancellor John Healey's Budget announcement. Growth was driven by production sectors, though services remained flat and construction contracted. The IMF praised the UK's growth prospects.

3 min read

Anthropic's quarterly revenue hits $16.8bn as IPO plans advance

Anthropic reported $16.8bn in quarterly revenue, a 45% increase, as it prepares for an expected year-end stock market listing. The figures underscore rapid growth in the AI sector amid infrastructure investment concerns.

2 min read

UK minimum wage rates rise to £12.71 for over-21s from April 2026

UK minimum wage rates increased on 1 April 2026, with the National Living Wage rising to £12.71 per hour for workers aged 21 and over. Younger workers and apprentices also received increases, while enforcement action against non-compliant employers continues to intensify.

4 min read

OpenAI's London staff earned average of £2.3m each in 2025

OpenAI's 110 London staff shared £255m in salaries and shares in 2025, averaging £2.3m each—58 times UK median earnings. The figures emerge amid safety concerns and a talent war for AI researchers.

3 min read

Netflix cuts 1,000 jobs globally in largest layoff since 2022

Netflix will eliminate 1,000 jobs globally, its largest layoff since 2022, affecting 6% of its workforce as the streaming giant faces slowing growth and intensifying competition from rivals and free platforms.

4 min read

Rare banknote collection donated to Edinburgh charity shop fetches £85,000 at auction

A collection of rare banknotes donated to a British Heart Foundation charity shop in Edinburgh has sold for £85,860 at auction, with proceeds supporting heart disease research. The assemblage of almost 160 notes from around the world included specimen and trial banknotes of exceptional rarity.

4 min read