Independent coverage of UK markets, FCA policy and institutional trading
The country’s licensing laws mean the supermarket has opened a pub so it can sell alcohol, while campaigners are fighting to help other venues open and get people dancing
Former chancellor, now senior figure at OpenAI, says UK needs datacentres to maintain ‘sovereignty’ over AI tech
Markets spent Thursday digesting the fallout from Wednesday's Federal Reserve rate hike, with Goldman Sachs among the first to revise its outlook, moving up its call for the next increase to the Octob…
The government borrowed more than expected in August, as persistently higher inflation pushed up overall spending.
Trump’s announcement on Russia ally comes as he steps up his trade war with Canada, a long-term US ally and top supplier of potash
Essentially, we experienced an initial wave of energy price increases in March and April this year, and then some optimism after the United States and Iran signed the Memorandum of Understanding on 17…
Lawyers say Black employees at Tesla experienced ‘rampant racism’ that was left unchecked for years at their flagship factory in California
Ed Davey is to call for a global nuclear-style non-proliferation treaty to halt the development of super-intelligent AI when he makes his keynote speech at the Liberal Democrat conference, accusing An…
St. Louis Federal Reserve (Fed) President Alberto Musalem said interest rates likely need to rise further to tame inflation that is both demand- and supply-driven. He warned that without more policy r…
The smoke rising from the Kapotnya oil refinery to the south-east of Moscow marks one of Ukraine’s biggest air raids on the Russian capital since the start of the war, and the latest salvo in an energ…
States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger
The FCA has begun High Court proceedings against Osborne Baldwin Limited, which trades as Hunter Jones and Hunter Jones Group.
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The Eurosystem today launched Pontes, a solution that enables wholesale transactions in tokenised assets to be settled in central bank money. Pontes is the first initiative under the Eurosystem’s stra…
Google has been fined more than €400m (£345m) over the way it processed users’ location data, following claims that the tech giant had manipulated users into agreeing to be constantly tracked on their…
The Bank of England has secured a new long-term premises in Leeds, marking a major milestone in its commitment to build its presence in the region.
Nats says fault at Prestwick has been ‘fixed’ after airports in Scotland, northern England and Northern Ireland are hit
Fears of a steep rise in mortgage payments and increasing job insecurity have sent UK consumer confidence tumbling to a three-month low, according to a leading survey.
The European Central Bank (ECB) has launched preparatory work to invest a small portion of its own funds in tokenised securities. This will enable the ECB to gain practical experience as an investor a…
Around 58% of adults have no life insurance, critical illness cover or income protection – and 59% of that group has never considered it. This means that millions could be left vulnerable in the event…
The boss of the chipmaker Nvidia has said AI will not develop to a point that will lead to the extinction of the human race within a few years, rejecting such assertions as overblown “doomsday narrati…
Exclusive: Government warned ‘skills revolution’ at risk amid slow start to project with target of 30,000 starts by end of parliament
While global billionaires and multinational companies have been lured to its shores, many islanders feel left behind and priced out, with food bank use increasing
Unions, thinktanks, environmental groups and charities have come together to call on ministers to boost the financial firepower of the national wealth fund to empower it to invest more in Britain and …