Houthis seize strategic Red Sea islands as analysts warn of impending oil crunch
The militant group in Yemen captured the islands of Greater and Lesser Hanish, near the chokepoint of the Bab al-Mandab strait
Economy
I got paid $5,000 to move to a place I'd never heard of
When Brianna Beyrouti looks back on her former life in the city of Portland, Oregon, she says she had been financially "drowning".
SEC Grants Exemptive Relief from Certain Inline XBRL Filing or Submission Requirements
Welcome to the McGuireWoods Quarterly Securities & Capital Markets Update, a series of updates that reviews important securities law developments from the previous quarter and alerts readers of significant consideration…
Europe must build own AI or risk getting cut off by US or China, says ECB’s Lagarde
Central bank chief says continent’s AI dependency could give trade partners unprecedented leverage in negotiations
Government moves to nationalise Speciality Steel UK to protect 1,300 jobs
Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyer
Upper Tribunal upholds Crispin Odey ban
Crispin Odey’s ban from the financial services industry has been upheld by the Upper Tribunal, which found he lacked integrity.
Premier Payment Solutions Ltd enters liquidation
On 10 September 2026, Premier Payment Solutions Ltd, which traded as PPS Money and MTBS (together, 'PPS Money'), entered liquidation. Bai Cham and Gary Shankland of BTG Begbies Traynor were appointed joint liquidators.
Christine Lagarde: A new age of capital: growth, sovereignty and AI
In this country, the years before 1873 have a name: the “Gründerzeit”, or “founders’ era”.
Piero Cipollone: The future of euro cash: trusted today, designed for tomorrow
Today, we are discussing the future of euro cash – the most tangible symbol of our common currency, and one that remains firmly rooted in the daily lives of Europeans.[1]
‘We’re not going to back down’: tiny Dorset B&B stands up to Airbnb’s legal bid to ‘monopolise’ letters ‘bnb’
In one corner is bnb-side, a six-room bed and breakfast on the Isle of Portland – a tiny wedge of limestone tied by a narrow ribbon of shingle to the Dorset coast – that was created to help secure the future of the rock…
Thames Water redraws mega-reservoir plan amid local opposition
Thames Water has amended the blueprint of a planned mega-reservoir in Oxfordshire as the struggling utility tries to convince regulators that construction should go ahead amid warnings of “catastrophic consequences”.
Rail passengers get automatic right to switch operators for free when trains are cancelled
‘Commonsense change’ looks to end current confusion and put ‘passengers first, not shareholders’ when services are disrupted
Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline
Oil prices have climbed above $108 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline.
Hospitality industry urges Andy Burnham to lay out VAT cut plans
Hundreds of UK hospitality businesses, backed by celebrity chefs including Angela Hartnett and Heston Blumenthal, have asked Andy Burnham to lay out plans to lower VAT for the sector, urging him to make good on his prev…
Andy Burnham to host entrepreneurs and local mayors at No 10 on Monday
The prime minister is to host business leaders, entrepreneurs and local mayors at Downing Street on Monday to pitch his government as a “partner for growth” that can offer a stable platform for investment and jobs in th…
‘Sweat the asset’: new development minister plots path to make UK aid count
The development minister, Kirsty McNeill, has declared herself “a huge believer in aid”, as she reaffirmed Labour’s manifesto pledge to return to a target of 0.7% of national income spending.
OpenAI boss and Elon Musk back calls to put brakes on ‘reckless’ AI development
Rare show of unity from rival developers after safety warnings from Anthropic boss and AI researchers
A 94-year-old retiree died in a fire in Nizhny Novgorod
A 94-year-old woman died in a fire in an apartment building in Nizhny Novgorod. This was reported by the press office of the Russian Ministry of Emergency Situations’ Nizhny Novgorod Region Office.
A joyful harvest: the young Welsh farmers growing food for Birmingham
A charity in Powys provides the land while growers do the hard work, producing bumper crops for city children
‘Really helpful’: the AI bootcamps aimed at addressing UK youth unemployment
In a youth centre opposite Preston bus station , the UK government is trying to address two of the greatest challenges facing the national economy: AI and youth unemployment.
Mapped: the £150bn megaproject that aims to protect Britain from energy shocks
Thousands of miles of new power lines are needed to deliver climate targets and energy security, but bills will rise in the short term and opponents are mobilising
How vulnerable are European stocks to natural gas price shocks?
The effective closure of the Strait of Hormuz on 28 February in the wake of the United States-Israel attack on Iran created the largest energy supply shock in history, according to the executive director of the Internat…
South Korea expands espionage law to protect chip technology
China’s industrial strategy now touches almost every major sector in the economy and their underlying supply chains. These state interventions are accelerating China’s trade dominance and expanding foreign dependence on…
OpenAI IPO will not happen in 2026 amid AI safety fears, Sam Altman says
OpenAI will not go public in 2026, Sam Altman said in a Fortune interview published on Saturday, citing safety concerns over artificial intelligence.