‘Devastating’: council rejects Frome residents’ bid for regeneration project
Locals raised £1m for Mayday Saxonvale scheme involving homes and park but Somerset officials agreed deal with London-based real estate company
Crime & Courts
NI's economic output rises, but businesses warn of rising costs
Economic activity in Northern Ireland in the second quarter of this year grew faster than the UK and Republic of Ireland, according to official figures.
UK food and drink trade deficit largest since 2000 at £21bn
The gap between Britain’s food and drink exports and imports has neared its highest this century, as a combination of Brexit, war in the Middle East and US tariffs dented deliveries overseas while imports soared.
Theranos founder Elizabeth Holmes reportedly to be transferred to halfway home next year
Holmes was sentenced to 11 years in prison in 2022 but has seen her sentenced reduced several times
Launch of UK’s ‘largest AI supercomputer’ delayed by power supply problems
A huge datacentre project hailed by the UK government will miss its launch date next year and could be delayed into the mid-2030s.
Firms fined £1.3m after man killed by falling window from luxury property in London
Two companies have been fined a total of £1.3m over health and safety breaches after a coach driver was killed by a falling window pane.
BBC ‘risks entering inescapable doom spiral’ as further cuts hit TV and radio
Warning from union comes as corporation cuts local specialist correspondent roles as part of plan to save £500m
TikTok drops appeal against £12.7m fine for not keeping under-13s off platform
TikTok will pay a £12.7m fine to the UK’s data watchdog after dropping an appeal against a ruling that it did not do enough to keep children below the age of 13 off the platform.
Reported assaults on Great Britain’s railways rise by fifth in a year
Unions say record high of nearly 25,000, including assaults on rail workers and public, shows need for more staff and policing
Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act
The Federal Reserve Board on Thursday requested public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act.
France says EU’s ‘Made in Europe’ law should not include the UK
‘If you’re not in the internal market, you don’t get the same protection,’ says French minister of policy designed to curb Chinese competition
EU says Trump plan to ban US diesel exports would ‘negatively impact both sides’
US president’s suggested 90-day export ban before midterm elections could bring even higher fuel prices across EuropeBusiness live – latest updatesThe EU has warned Donald Trump against plans to ban US diesel exports to…
ECB Executive Board member Isabel Schnabel to resign to take senior role at IMF
Isabel Schnabel, member of the Executive Board and the Governing Council of the European Central Bank (ECB), has informed President Christine Lagarde that she will step down from her position on 3 January 2027.
Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
The troubled camera retailer Jessops has changed hands after AO World acquired the business from the Dragons’ Den star Peter Jones.
Housebuilder Vistry slashes profit forecasts as losses balloon
Vistry Group, one of Britain’s biggest housebuilders, has cut its annual profit expectations after half-year losses ballooned as it grappled with a £600m pile of unsold homes.
Philip R. Lane: The outlook for the euro area economy
It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…
Japanese 10-yr bond yields soar to 30-yr high amid bets on more rate hikes
According to some veteran Wall Street analysts, the most favorable combination for the market is a small rate hike accompanied by a clear data-dependent stance, allowing investors to interpret it as a limited and modera…
Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket
Sales of Chinese hybrid cars have rocketed in the EU in the past four and a half years, new data shows, underlining growing concerns in Brussels over the future of the European car industry.
Judge orders Trump to restore White House media access to banned outlets
Federal Judge Timothy Kelly has ordered the Trump administration to temporarily reinstate CNN, MS NOW and Politico’s access to the White House after they were banned from the premises by President Donald Trump.
Australia launches investigation after OpenAI agent hacked healthcare database
Anthony Albanese says an artificial intelligence agent developed by OpenAI hacked Medicare in June and the tech giant notified the government earlier this month using an email sent to a “public mailbox”.
U.S., China agree to extend trade truce until January, Bessent says
The United States and China have agreed to extend a bilateral trade truce that was set to expire in November through Jan. 10, Treasury Secretary Scott Bessent said Wednesday.
UK losing up to £6.5bn a year in EU trade due to mismatched product rules
The UK is losing out on annual exports to the EU that could be worth as much as £6.5bn without a deal with Brussels that allows manufacturers to jettison duplicate product testing.
UK defence contractors to offer 40,000 apprenticeships, placements and jobs
Wes Streeting says he leads a ‘ministry for growth’ as Labour seeks to show more defence spending will create UK jobs
McDonald’s to take on KFC and rivals as Gen Z flock to fried chicken
McDonald’s is betting on fried chicken as health concerns and the rising price of beef shift dining habits.