Public sector an ‘afterthought’ to North Sea oil jobs, says Unison leader
Andrea Egan calls for same political focus on teachers, care sector and NHS and says Jackdaw decision ‘a serious misstep’
Economy
BP profits hit 18-year high as Iran war drives up oil refining margins
BP’s profits have hit their highest level in almost two decades as the war in the Middle East drove up oil and gas prices and led to “significantly higher” trading.
UK house prices flat in October as rate rise bets weigh, Nationwide says
An elegant Georgian facade, a full-width balcony and an exclusive address in South Kensington just steps from the Natural History Museum and the V&A. Yet the listing price of this west London flat at Queen’s Gate Garden…
Britain’s blighted high streets will improve by next election, says Rayner
Housing secretary says Labour wants to reverse fortunes of towns plagued by boarded-up shops and rogue businesses
UK side-hustle tax-free allowance to rise to £3,000 next year
Up to 1.4 million people could benefit from change to trading allowance announced in budget, with some saving hundreds in tax
UK house prices grow at slowest pace in two years as mortgage rates rise
UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.
Results of the ECB Survey of Professional Forecasters for the fourth quarter of 2026
Respondents’ expectations for headline inflation, as measured by the Harmonised Index of Consumer Prices (HICP), stood at 3.0% for 2026, 2.6% for 2027 and 2.0% for 2028. Compared with the previous round, these were revi…
Andy Burnham admits he would have liked more radical first budget
Prime minister says room for manoeuvre was limited by geopolitical crises and Labour’s 2024 manifesto
‘You can see the water going down’: residents on edge as one of England’s worst-hit reservoirs dries up
After UK’s hottest summer on record, Ardingly near Haywards Heath is just 19% full – and next-closest reservoir is unusable due to broken treatment works
BOJ keeps interest rates steady as expected; says CPI inflation now at 2% target
The yen was 0.16% weaker at 157.73 per dollar, inching further away from the one-month high it touched last week ahead of the Bank of Japan policy decision later this week. The yen had lost ground on Monday too.
Trump weighs Iran escalation as top U.S. general makes rare White House visit
The US has paused strikes on Iran for a third night as top military officials advised Donald Trump to halt his bombing campaign, and diplomatic negotiations have continued to avoid a return to all-out war.
Healey backs away from cutting welfare cost amid warnings of public finance shortfall
John Healey has backed away from cutting the cost of welfare this parliament, amid dire warnings his first budget could lead to brutal spending cuts because of a £28bn shortfall in public finances.
Saudi Arabia tanker oil loadings rise to highest level since February
Russia’s fossil fuel export revenues have fallen since the sanctions were implemented, subsequently constricting Putin’s ability to fund his full-scale invasion of Ukraine. However, much more should be done to limit Rus…
Minutes of the Meeting of the Court of Directors held on 17 September 2026
David Roberts, Chair Andrew Bailey, Governor Katharine Braddick, Deputy Governor – Prudential Regulation Sarah Breeden, Deputy Governor – Financial Stability Clare Lombardelli, Deputy Governor - Monetary Policy Sir Dave…
Two Entities Charged in $130 Million Fraud Scheme That Used False SEC Filings to Boost Investor Confidence
The Securities and Exchange Commission on Oct. 29, 2026, charged BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, two foreign-operated, Colorado-incorporated entities, with orchestrating a fraud scheme that used false SE…
Reader Q&A: Our money and economics correspondents answer your Budget 2026 questions – live
The 2026 budget has been revealed; how will it affect you personally, will it change the country and has chancellor John Healey done enough to prepare for the challenges ahead? Our money and economics editors Hilary Osb…
'Painful' years ahead, think tanks warn, as living standards set to fall
People are facing a "painful" and "depressing" few years ahead, economic think tanks have warned, after forecasts showed growth in living standards grinding almost to a halt.
Healey’s budget paves way for ‘brutal’ spending review next year, warns IFS
Thinktank says chancellor has given himself a mountain to climb after ducking big decisions in low-key speech
Faisal Islam: This Budget was micro and that was deliberate
It was not a mini Budget, but it was rather small. It might be called the "micro Budget".
Piero Cipollone: Next-day securities settlement, tokenisation and the transformation of Europe’s financial infrastructure
Less than a year from now, on 11 October 2027, Europe will move to T+1 settlement. This means that the time from the moment a security is traded to the moment the buyer receives it and the seller is paid will be reduced…
'Uneventful' budget draws mixed reaction
While some measures were welcomed, many questioned whether households would feel better off.
Monetary policy decisions
The Governing Council today decided to keep the three key ECB interest rates unchanged. Energy prices have continued to rise, posing upside risks to the inflation outlook and downside risks to the growth outlook. While …
How £100 vanishes in minutes: inside the ‘slot farms’ targeted in the budget
The last of five £20 notes disappears into the slot machine as The Verve’s Bittersweet Symphony plays over the shop’s sound system.
Poundland on brink of administration, with 12,000 jobs at risk
The owner of Poundland has said it is preparing to appoint administrators, putting up to 12,000 jobs at risk at the retail chain across the UK and Ireland.