UK subsidence claims surge after hottest summer on record
Insurers in England and Wales tell of busy August with one reporting near-140% jump in claims
FCA & Rules
The two-year trail of financial controversy dogging Reform and Farage
In 2025, it emerged that Farage had not – as he had claimed – bought a property in his parliamentary constituency of Clacton, in Essex: it had in fact been bought by his girlfriend, Laure Ferrari.
Food delivery riders call on platforms to open up AI ‘black box’ they say has cut pay
Gig economy workers are urging delivery platforms to open up the “black box” of computer-driven algorithms that determine the jobs they are offered and how much they are paid, blaming increased use of…
Why are European countries moving their gold out of North America?
When the central bank of the Netherlands confirmed this week that it had moved tonnes of the country's gold out of North America, it said the relocation would make it "better prepared for severe crise…
‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects?
When Donald Trump was asked recently about the threat of rising interest rates on US government debt, he told baffled reporters: “The ultimate intervention is our military. And if we have to use that,…
Populism poses serious challenge to independent central banks, Bailey says
The governor of the Bank of England has said the rise of populist politicians presents a serious challenge to independent central banks.
The Guardian view on Reform’s funding scandal: Nigel Farage has questions to answer | Editorial
Reform UK’s conference was to open showcasing a party ready for government. It did so with two top aides removed after an investigation aired on Channel 4 , its finances under police scrutiny and seve…
Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.
The Federal Reserve Board on Friday announced the termination of the enforcement actions listed below:
US added 162,000 jobs in August, with unemployment rate holding steady
Number of new jobs being added has been fluctuating, with private companies adding 38,000 jobs in August
Deadly escalation in Black Sea attacks prompts fears of even higher food prices
A summer of hostilities in the Black Sea proved deadly for seafarers, as Russia and Ukraine attacked each other’s ships and port infrastructure, preventing vital grain exports and prompting concerns t…
Hospitality and education boosts US job creation in August
A boost in hospitality and education employment drove the US economy to create tens of thousands more jobs than expected last month, latest figures suggest.
It’s time for Mark Zuckerberg to resign from Meta | Joan Donovan
Last week, Meta, the parent company of Instagram and Facebook, agreed to a settlement of up to $18bn after dozens of US states accused it of harming children with addictive products. The settlement’s …
Jackdaw gasfield set to be approved by ministers this month, sources say
Energy secretary could recommend new North Sea drilling next week, as ministers also consider approval for Rosebank oilfield
Revealed: how companies ‘secretly’ use billions of litres of public water in drought-hit England
Exclusive: As millions of people face hosepipe bans, many companies are not required to report, let alone cut, use of public supply
Philip R. Lane: Diversity at the European Central Bank
Let me begin by congratulating everyone involved in the ChaMP research network on a remarkably successful research programme: it has delivered many new insights regarding the transmission of monetary …
‘Astronomical’ fuel price surge hits farmers in UK and US
Farmers are facing an “astronomical” jump in the price of fuel needed to operate their vehicles and machinery after a surge in diesel costs in the UK and the US.
How will bond market turmoil affect your mortgage, pension and savings in UK?
Sell-off raises concerns of higher borrowing costs for households. Here’s what it could meanThe bond market sell-off has sparked fresh fears of higher borrowing costs for UK households. We look at wha…
UK has not done enough to prepare for shocks to food supplies, says watchdog
The climate crisis, disease and cyber-attacks pose growing risks to the UK’s food supplies and the government needs to act to make the system more resilient, according to the public spending watchdog.
‘Capitalism is dying’: in Luton, these former car workers have a moral tale for our times | Aditya Chakrabortty
After everything, why would anyone still back Nigel Farage? In some of the comments below my piece last week about Reform UK, I spot the usual answers: Farage’s supporters are dim, racist, deplorable.…
Volkswagen announces it will cut 100,000 jobs by 2030
Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure
Business Daily
Rising bonds yields and growing government debt could see interest rates start to rise
Reform officials ‘plotted to break law on foreign donations’ in undercover film
Investigation broadcast by Channel 4 News shows man posing as ‘impermissible donor’ paying for polling that helped Reform
OpenAI hails ‘new era of artificial general intelligence’ with Astra model release
Astra’s arrival comes days after Sam Altman, OpenAI’s chief executive, described AGI as an ‘irrelevant marketing term’
Sadiq Khan agrees to have his texts and emails searched in Palantir legal battle
Sadiq Khan has agreed for his text messages and emails to be searched as part of a legal battle with Palantir, the high court has been told, after he prevented the US technology company from working w…