New UK gas and oil projects are a ‘no-brainer’, says EDF boss
New oil and gas projects are a “no-brainer” that pose “no contradiction” to the net zero agenda, according to the head of EDF Energy.
Policy & regulation
Energy bills: what to do as prices head for £2,000 a year, from switching deals to insulating
The price cap is to soar for about 20 million households in Great Britain from January, but there are ways to saveEnergy bills in Great Britain forecast to jump by £276 a year from JanuaryHousehold energy prices are set…
UK income growth revised upwards as markets hail ‘resilient’ economy
Boost for John Healey before budget as GDP figure shows UK economy grew faster than first estimated in second quarter
FCA opens the gateway to regulated crypto
From today, crypto firms can apply for authorisation from the FCA, marking a landmark moment as the UK takes a step closer towards becoming one of the most trusted places in the world to build and invest in cryptoasset …
We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss
Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage
Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements
The Federal Reserve Board on Wednesday finalized changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements. The two final rule…
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.
Financial Policy Committee Record – September 2026
1: The Financial Policy Committee (FPC) seeks to ensure the UK financial system is prepared for, and resilient to, the wide range of risks it could face, so that it is able to absorb rather than amplify shocks, and serv…
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.
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
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…
Frank Elderson: Supervisory risk appetite, efficiency and effectiveness
Banks are operating in an increasingly complex environment shaped by geopolitical fragmentation, rapid technological change, volatile energy and commodity prices, rising inflation, demographic changes, growing interconn…
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.
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…
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.
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”.
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 …
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’
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.
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…
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.
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.