Trump says Putin agreed to immediately release more diesel to markets
US President Donald Trump says he has reached an agreement with Russian President Vladimir Putin allowing Moscow to "immediately release" diesel to the US and globally.
Economy
Lost generation: the AI threat to Britain’s next great directors
Commercials once launched careers from Ridley Scott to Guy Ritchie, now automated production is cutting costs – and the chance to learn by doing
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
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.
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.
SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its affiliates under certain co…
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
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
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
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
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
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.
Strong compliance functions support trusted corporate finance markets
Corporate finance firms help businesses raise funding and implement strategic transactions, supporting investment and growth.
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…
Wrexham and Rochdale train services rejected over west coast line pressure
Regulator also vetoes extra Blackpool service, saying insufficient space for new direct trains to LondonBusiness live – latest updatesPlans to run direct train services to Wrexham and Rochdale from London have been reje…
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.
Supermarket shake-up: why Asda or Morrisons could vanish within a decade
Talks between Sainsbury’s and Morrisons have set industry tongues wagging, with analysts saying the market is ripe for change
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.
Tesco lifts profit forecast and predicts a low-alcohol Christmas
Tesco has raised its profit outlook as it expects households to splash out this Christmas – despite buying less alcohol – as they shrug off “uncertainty” over the Iran war.
UK motorists can now see live fuel prices on Google Maps
Move expected to make pump pricing more transparent and encourage competition after diesel hits record £2 a litre
Hedgehog among four chosen animals to feature on your new banknotes
Banknotes are getting a nature makeover - and the Bank of England has revealed the four creatures that will feature on our money.