Trump establishes committee to investigate Fed governor Lisa Cook
US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional
Crime & Courts
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families
The Federal Reserve Board on Friday released the results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families.
Burnham promises to curb non-compete rules in job contracts
Andy Burnham has promised to curb companies' ability to restrict what their workers can do after leaving their job.
Tory tax break for banks has cost UK public purse £6bn, says TUC
Tax cuts for big banks have deprived the UK government of £6bn in revenues, according to campaigners, who are calling on the chancellor, John Healey, to increase taxes and force lenders to pay their “fair share” in the …
CMORG holds sector-wide cloud outage simulation exercise
The Cross-Market Operational Resilience Group (CMORG) yesterday (8 October 2026) completed its biennial simulation exercise, known as SIMEX26, focused this year on a global cloud services disruption.
Shein outsells British rival Asos as UK revenue hits £2.58bn
Online retailer’s 26% jump sharpens focus on exemption letting cheap parcels into the country duty-free
Thieves make off with €5m haul from prestigious Italian winery
Gang breaks into cellar of Marchesi Antinori in Cortona and loads two trucks with 30,000 bottles before getaway
Liam Coleman appointed as chair of the Financial Ombudsman Service
The FCA Board has appointed Liam Coleman as chair of the Financial Ombudsman Service, with the approval of the Treasury.
Heathrow’s third runway is a bottomless money pit. Stop it now | Simon Jenkins
Infrastructure sends politicians berserk. Propose more money for the health service or reopening youth clubs and frowns break out all round. Can we afford it? But shout infrastructure and cheers go up. The word suggests…
Sydney trader sacked for working from Singapore without permission wins unfair dismissal case
Employee had also been in Bali when he told his manager he was working from home, Fair Work Commission hears
Virgin unveils its future cross-Channel train as it gears up to take on Eurostar
Flash interiors, fancy food and maybe even a bar: Virgin has unveiled a mock-up of its future cross-Channel train, with a pledge to create “something genuinely new”.
Revealed: the ‘black box’ wastewater trade that rakes in millions for UK utility companies
Exclusive: Firms made more than £340m last year from processing industrial and commercial wastewater at sewage works that are unable to remove many chemical pollutants
OpenAI projected to bring in $20bn less in revenue than expected
OpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in demand for AI.
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
The Federal Reserve Board on Thursday announced an enforcement action against American Express Company to address, among other things, the firm's failure to sufficiently detect and report certain suspicious activity rel…
Harvey Nichols’ Birmingham store to close in January
Closure will cost at least 60 jobs, while Leeds and Bristol outlets to be converted to Flannels brand
Top bosses at Goldman Sachs to share bonus pot worth up to $500m
Top bosses at Goldman Sachs are in line to share a bonus pot worth up to $500m (£378m) this year, marking one of the biggest payouts in the Wall Street bank’s history.
Bank governor urges John Healey to use budget to allay market fears amid bond turmoil
The Bank of England governor, Andrew Bailey, has urged the chancellor, John Healey, to agree a budget that convinces financial markets after the UK’s medium-term borrowing costs hit a fresh 19-year high.
Strong compliance functions support trusted corporate finance markets
Corporate finance firms help businesses raise funding and implement strategic transactions, supporting investment and growth.
Asos says customers’ names, contact details and search histories hacked
Asos hackers gained access to millions of customers’ recent search histories as well as names, addresses and phone numbers, the online fashion retailer has revealed.
MoD has objected to four windfarms in past year over radar interference fears
Complaints risks putting defence ministry on collision course with Department for Energy Security and Net Zero
Meeting of 9-10 September 2026
Ms Schnabel started her presentation with the observation that, since the Governing Council’s monetary policy meeting on 22-23 July 2026, euro area financial markets had continued to be driven by energy price developmen…
New rules to make long-term investment funds clearer
The FCA has set out clearer expectations for asset managers about long-term investments, such as property.
E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers
Competition watchdog clears takeover despite concerns that suppliers will have less incentive to lower bills
Oil prices jump 5% on Middle East tensions and US hurricane threat
Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast.