Healey says surprise UK growth is 'sign of resilience' ahead of Budget
The economy grew by 0.1% in August, defying analysts' expectations of a slight contraction.
Wednesday, 28 October 2026
Independent coverage of global markets, trade and finance
The economy grew by 0.1% in August, defying analysts' expectations of a slight contraction.
A significant component of the United States–Japan trade deal announced in July 2025 is a $550 billion loan fund, which could be an important basis for the two countries’ future economic security, industrial revitalizat…
Artificial intelligence (AI) giant Anthropic saw its revenue surge by 45% to $16.8bn (£12.7bn) in the three months to the end of September, the BBC understands.
A company has been accused of promising jobs in the healthcare sector which never materialised, leaving people thousands of pounds out of pocket.
A year ago, a longtime US senator was not thinking much about data centres. ââ
Airport drop-off charges are to be reviewed by the government following sharp price increases in recent years.
Abdulrahman Alfozan had worked for the AI giant for more than a year before he was arrested by the FBI.
Netflix has said it will cut 1,000 jobs globally as the streaming giant faces competition from rivals.
Waiting times for driving tests have dropped below 20 weeks for the first time since November 2024, according to official figures.
As of Monday morning, gold traded around $4,400. The market was optimistic that the unexpectedly strong U.S. jobs report would prompt another interest rate hike. August’s jobs data showed 162,000 jobs added, close to tr…
US inflation rose by more than expected in the year to September, according to official figures, in the final data release before the midterm elections next month.
September core inflation was hotter than expected and this has reinforced the view that the Federal Reserve has more work to do to contain price pressures. The risks are skewed towards further policy tightening than we …
A civil servant is accused of earning almost £350,000 by juggling five full-time public sector roles - using sick notes and working from home to cope with the workload.
China's exports rose 25% year over year in August, and AI-linked hardware is now large enough to move the country's entire trade balance on its own.
(Oct 14): ASML Holding NV boosted its 2026 sales forecast and said soaring artificial intelligence spending meant that it will not be able to fully meet demand for its chip-making machines in the next two years.
OneMedNet Corp reported that director and 10% owner Thomas Kosasa purchased 1,449,275 shares of common stock on July 30, 2026.
Would you use AI to help you write a CV or cover letter? How about during an online assessment or video interview for a job?
Prosecutors say the device, wrapped in toilet paper, was found inserted in a USB port on the back of a TV in an executive conference room.
AI dominates the translation business, but for high-stakes work, humans are still needed.
The dating app which recently ditched its "women-first" chat rule has been bought by an investment firm.
Retail chain Poundland is in talks with potential buyers as it seeks a rescue deal, it has confirmed.
A British Airways flight en route to Portugal was forced to return to Gatwick Airport on Tuesday due to a minor technical issue, reported to be a cracked window.
A sell-off in semiconductor stocks deepened as signs of progress in China’s advanced chipmaking compounded worries about the sustainability of the artificial intelligence spending boom.
This column originally appeared in the Milken Institute Review at https://www.milkenreview.org/articles/is-taxing-wealth-possible-practical-desirable.