UK News
Healey extends electricity VAT cut and doubles bank surcharge to 6% in Budget
The Chancellor extended the electricity VAT cut and fuel duty relief, funded by a bank surcharge rising from 3% to 6%, while rejecting broad-based tax rises.
Financial News: UK and global finance, markets and business news
Banking & Finance
Xcel Energy plans $2bn convertible notes due 2027
Xcel Energy's convertible notes offering targets $2bn due 2027, with proceeds earmarked to repay short-term borrowings, the utility…
Banking & Finance
Blackstone leads $3.1bn investment in LNG Canada stake
Blackstone's $3.1bn LNG Canada investment buys a 49.9% stake from Mitsubishi, but separate reporting values the handover closer…
UK News
UKEF raises automatic lending limit to £15m and lifts Ukraine cover by £3bn
UK Export Finance lifts the amount lenders can approve alone under its General Export…
Banking & Finance
SpaceX in Talks Over Boost Mobile, Backed by $4.4bn Quarter
SpaceX is weighing a SpaceX Boost Mobile deal with EchoStar, filings show, as it posts a…
Business
Winklevoss Twins’ Zcash Mining Investment Is Generating $1,000 Per Megawatt-Hour — Four Times What Bitcoin Pays
For the majority of the last ten years, Cameron and Tyler Winklevoss have been mostly recognized…
Markets
HOOD Stock Is Down 40% From Its High — Here’s the Real Story Behind Robinhood’s Rough Year
This year, Robinhood debuted at $150. It is currently trading at about $85. The company hasn't…
Technology
Alatau City: A New Gateway for International Investment in Central Asia
Kazakhstan, Central Asia’s largest country and an important producer of oil, uranium and other natural resources,…
The Briefing
All newsEssential reads from the newsroom, in brief.
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Dumarey Group and Renault Group enter process for Dumarey to acquire Alpine Racing SAS
Dumarey Group and Renault Group announced on 22 October 2026 an agreement under which Dumarey is…
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Jackdaw gas field approved by UK government, with gas supply possible from the end of October
Energy Secretary Miatta Fahnbulleh agreed that the North Sea Transition Authority could grant consent for the…
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UK inflation rises to 3.5% in September as motor fuel prices push up transport costs
The Office for National Statistics said CPI rose from 3.1% in August, with motor fuels the…
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Mansion House Accord signatories hold £22.1bn in private markets after first year, with £11.1bn in the UK
ABI and Pensions UK tracking shows pension providers have put 6.6% of growth-phase default assets into…
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energy B agrees to buy remaining Horse Hill stakes, aiming for full control of Gatwick oil site
The AQSE-listed company has agreed to buy the 18.1% and 4% holdings in the site operator,…
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Markets
| Instrument | Price | Change |
|---|---|---|
| FTSE 100 | 10,723.53 | -0.06% |
| S&P 500 | 7,580.07 | -1.82% |
| GBP/USD | 1.3414 | +0.26% |
| EUR/USD | 1.1218 | +0.31% |
| Brent | $106.59 | -9.39% |
| Gold | $3,948.00 | +1.26% |
| Bitcoin | $77,907 | -0.44% |
Prices delayed. Updated 14:10 UK time
Banking & Finance
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Apollo launches €10bn European Credit Company
Apollo launches European Credit Company with over €10bn of lending capacity, backed by Gulf and Asian investors, as its own shares wobble.
Markets
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Economy
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Amazon Investment Long Term Outlook: The $2.8 Trillion Company That Analysts Think Is Still Underpriced
Amazon Web Services reported a 37% year-over-year increase in revenue in the second quarter of 2026, the fastest rate in eighteen quarters. Because AWS had been slowing down for some…
Business
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Crypto
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Phong Le’s Strategy Bitcoin Trade: Sell at $60K, Buy Back at $80K, Call It a Win
The trade seems like something you would joke about at a dinner party on its face. Sell about…
Property
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UK Fixed Rate Mortgage Increases Hit a Three-Year High — and Millions of Homeowners Are Running Out of Time
There is a specific type of financial anxiety that develops covertly. Standing in a kitchen on a Tuesday…
Legal
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Schnucks Sales Tax Class Action Settles for $6.3 Million Over Loyalty Points Dispute
It's the kind of thing that most people would overlook. When you check out with your Schnucks rewards…
Careers
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Peter Thiel Artificial Intelligence Investment Just Shifted — and It’s Not What Anyone Expected
Peter Thiel is known for his early insights. When Facebook was still a college networking site, he was…
Technology
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Why You Need a Proxy for Trading: What Actually Breaks Without One
Contributed content: this article was written by a third-party contributor and does not necessarily reflect the views of…
AI
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Cognizant AI Workforce Investment US: Why This Announcement Is Different From Every Other Corporate AI Pledge
Eleven hours of work per account manager vanished every week somewhere in the back office of a food…
