Poundland management in rescue talks that could save 11,000 jobs
Poundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save up to 11,000 jobs.
Economy
Super-rich UK energy and food magnates’ wealth skyrockets amid global crises
Analysis has shown the costs of daily essentials soaring in recent years, thanks in part to climate shocks, wars and geopolitical tensions
Energy bills in Great Britain forecast to jump by £276 a year from January
Household energy bills in Great Britain are predicted to reach almost £2,000 a year for the typical household from January as the impact of the Middle East war continues through the coldest months of winter.
Sales of antiviral drugs fell 20% year-over-year in September
During the first three weeks of September (weeks 36, 37th, and 38th weeks of 2026), Russian pharmaceutical retailers sold 5.7 million packages of antiviral drugs worth 3.4 billion rubles, according to calculations by Ko…
Trump announces vague ‘morally binding’ AI deal among tech CEOs for ‘tremendous self-policing’
Donald Trump announced on Tuesday that the heads of the largest US tech and AI companies had signed on to a “morally binding” agreement to put controls on artificial intelligence. He announced the deal, called the Joint…
Fed’s Barr signals more rate hikes needed amid inflation risks
Federal Reserve Governor Michael Barr said additional rate hikes will likely be necessary to bring inflation back to the 2% target. Following last week's FOMC decision to raise the benchmark rate for the first time in t…
Burnham stakes his future on care, electoral reform and Europe in emotional Labour conference speech
PM says his plan, which includes ending pensions triple lock to fund national care service, will ‘allow us to rise again’
Give BrewDog second chance, says new owner as it invests £50m
BrewDog’s new owner has urged drinkers to give the ailing brand “a second chance” as it invests more than £50m in improving the company’s beers, pubs and working conditions.
Agencies publish resolution plan feedback letters for 15 banking organizations
The Federal Deposit Insurance Corporation and the Federal Reserve Board today published feedback letters for resolution plans submitted in October 2025. The agencies did not identify any shortcomings or deficiencies in …
Smart ring maker Oura puts off initial public offering due to market ‘uncertainty’
Smart ring maker Oura Inc says it is postponing a planned initial public offering due to market “uncertainty”.
Manchester City guilty over Premier League charges after £900m of ‘sham’ contracts
Manchester City breached Premier League financial rules by creating “sham” contracts to help inflate revenue and reduce costs by more than £900m over a nine-year period, an independent commission found.
The Atlantic: Trump Agreed to Ease Sanctions Against Russia
U.S. President Donald Trump has agreed to ease sanctions against Russia in exchange for the release of prisoners, according to The Atlantic. The proposal was made by John Cole, the U.S. president’s envoy to Eastern Euro…
Will pensioners be poorer as a result of Burnham scrapping the triple lock?
Andy Burnham has set out his plan to transform Britain, including by ending the existing state pension triple lock from 2030 to help fund a new national care service.
SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million That Used WhatsApp and Other Platforms to Lure Investors
In this issue of our monthly Securities Enforcement Roundup, we highlight top securities enforcement developments from December 2025.
Faisal Islam: Triple lock move is significant, but it's a gamble
It was a significant announcement from Prime Minister Andy Burnham on his plans for the triple lock after the general election. It will reverberate well beyond the hall.
‘Visible and engaged’: Burnham in listening mode with businesses at Labour party conference
A year ago Andy Burnham had a tough business reception at Labour’s party conference. The then mayor of Greater Manchester, with clear ambitions to replace Keir Starmer, had rattled the City of London with his comment th…
Canada economy stalls in July as manufacturing and trade weaken
Canadian GDP growth slowed sharply in Q2, coming in weaker than expected at -1.6% on an annualized quarter-over-quarter basis, following a strong 2% gain in Q1.
UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs
Demand for UK mortgages slumped to a 32-month low in August as buyers were deterred by rising costs linked to the war in Iran.
A large-scale operation against organized crime groups in the financial sector is underway in Britain
The London Police, Scotland Yard, reported that it conducted large-scale searches and arrests this morning at 24 locations in London and the counties of Essex, Hertfordshire, Suffolk, and Cambridgeshire. The operation i…
New UK homes in flood-risk areas could become uninsurable, says Aviva boss
The boss of Britain’s biggest insurer has said that homes being built now could become uninsurable in the future because they are sited in flood-risk areas.
Anthropic ‘warns of existential AI risks to humanity’ in IPO document
Anthropic is telling investors that advanced AI could pose “catastrophic or existential risks to humanity”, according to reports, as it prepares for a potential $2tn (£1.5tn) flotation.
M&S links up with Sephora to lure younger shoppers
Marks & Spencer is has signed a deal with Sephora to open areas under the beauty brand’s name within its stores, in its latest tactic to attract younger shoppers.
ECB amends monetary policy implementation guidelines as part of regular review
The European Central Bank (ECB) today published amendments to its guidelines on the implementation of monetary policy in the Eurosystem, applicable as of 30 November 2026 as part of a regular review.
RBA interest rates: Reserve Bank raises cash rate to highest level in 15 years and warns of more hikes ‘if needed’
The Reserve Bank of Australia has lifted its key interest rate to 4.6%, its highest level since 2011, and warned of further hikes as the unending US war on Iran pushes prices “permanently higher”.