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.
Thursday, 29 October 2026
Independent coverage of global markets, trade and finance
The last of five £20 notes disappears into the slot machine as The Verve’s Bittersweet Symphony plays over the shop’s sound system.
It was not a mini Budget, but it was rather small. It might be called the "micro Budget".
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…
Thinktank says chancellor has given himself a mountain to climb after ducking big decisions in low-key speech
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.
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 …
Compensation may be available to former Verus customers through the Financial Services Compensation Scheme (FSCS), subject to assessment.
Christine Lagarde, the eurozone’s top central banker, is stepping down nine months early, ending months of speculation about her future.
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgeme…
While some measures were welcomed, many questioned whether households would feel better off.
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 …
The FCA has secured High Court undertakings to ensure that HTX (formerly Huobi), a global crypto exchange, will not knowingly promote cryptoasset services unlawfully to UK consumers.
Louie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s.
The Bank of England has today launched a consultation supporting central counterparties (CCPs) acceptance of tokenised forms of eligible collateral.
Chancellor John Healey has pledged a reduction in the welfare bill ahead of the next general election, in an interview with BBC Radio 4's Today programme.
The Treasury is disputing that Chancellor John Healey suggested to the BBC that the benefits bill will be cut before the next general election.
Vice President JD Vance is engaging one of Iran’s most powerful hard-liners to revive peace negotiations even as President Trump threatens to restart the war after next week’s midterm elections, U.S. officials and peopl…
European Central Bank President Christine Lagarde today informed the Governing Council and the President of the European Council António Costa that she will step down from her position on 7 February 2027.
In just two years, there could be dozens of mayors preparing to spend billions of pounds as part of Andy Burnham’s mission to devolve greater powers across England.
Few surprises as chancellor uses low-key speech blaming ‘global economic storms’ for stoking energy prices and cost of living crisis
The Office for Budget Responsibility says higher energy prices will impact everything from prices and living standards to economic growth.
Income tax thresholds, which have been frozen under successive chancellors, will stay at current levels until April 2031 as planned. But after that they are expected to start to rise again with inflation.
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another is to come, as part of an effort aimed at combating inflation brought on by spiraling oil prices and …
How the chancellor’s measures on tax, benefits and pensions will affect your personal finances