Bakery owner calls for Budget help for firms
The owner of a bakery in Manchester has urged Prime Minister Andy Burnham to give the hospitality industry a 'fighting chance' as it struggles to keep up with increasing prices.
Policy & regulation
Building the next generation of market infrastructure
Speaker: Nikhil Rathi, chief executive Event: TheCityUK dinner, sponsored by Nasdaq Delivered: 22 September 2026 Note: This is a drafted speech and may differ from the delivered version
Legal & General to cut 1,000 jobs by mid-2027
Programme will initially involve voluntary redundancies in the UK but the insurance and pensions firm will consider mandatory job cuts depending on the take-up
Manchester United report seventh straight annual loss despite record revenue
Manchester United reported their seventh straight annual loss on Wednesday as costs related to player acquisitions and the sacking of Ruben Amorim this year pushed them deeper into the red.
Three international bodies warn of risks of rising debt and soaring borrowing in major economies
Three heavyweight international bodies have issued stark warnings about the risks of rising debt levels and soaring borrowing costs across large economies.
Firms crack down on money mules but need to do more
Financial firms are shutting down hundreds of thousands of suspected money mule accounts, but organised criminal groups are still shifting dirty money through multiple bank accounts before cashing out.
New UK agency to fight ‘information warfare’ from likes of Russia, Burnham tells UN
PM aims to ‘stem poisonous tide’ of disinformation and deepfakes with National Centre for Information Defence
Almost ten million people took part in ECB survey on new euro banknotes
A total of 9.96 million people across Europe and beyond shared their views on the future design of euro banknotes by completing the ECB’s public survey.
Critics of UK government’s economic forecaster are ‘shooting the messenger’, say MPs
Treasury committee rejects calls for fundamental reform of independent watchdog the Office for Budget Responsibility
London buses in decline? Why public transport in global cities is slowing to a crawl – visualised
As experts fear for future of UK capital’s bus network, some commuters are giving up entirely. London is not alone – with worrying implications for the poorest in society
Qantas announces 18-hour direct flights from Sydney to New York with onboard ‘wellbeing zones’
Due to take off in 2028, it is set to be the national carrier’s second ultra long-haul route after Sydney to London
AI looms large over Trump-Xi meeting amid deep distrust between US and China
Fears persist about Trump ‘sucking up’ to Xi on Taiwan, but few concrete outcomes anticipated from US meeting
Pay rent, eat or keep warm? Growing numbers face hard choices as housing benefit gap grows
Wirral mother among renters turning to food banks as gap between a two-bed and housing benefit hits £158 a month – rising to as much as £324 in London
Fed’s Perli says Treasury bill purchases will adapt to evolving market conditions
The Federal Reserve’s monetary policy control toolkit continues to be very effective, Roberto Perli, a New York Fed official responsible for implementing short-term interest rate policy for the central bank, said on…
SEC Censures OTC Link LLC for Repeated Compliance Failures Related to Regulation SCI
Washington, D.C.--(Newsfile Corp. - September 22, 2026) - The Securities and Exchange Commission today censured New York-based broker dealer OTC Link LLC and ordered it to pay a $575,000 civil penalty for longstanding v…
Federal Reserve Board announces approval of application by BancFirst Corporation
The Federal Reserve Board on Tuesday announced its approval of the application by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire and merge with Spirit BankCorp, Inc., of Bristow, Oklahoma, and thereby ind…
EU removes two oligarchs from Russia sanctions list as deadline looms
Alisher Usmanov and Mikhail Fridman delisted in what Ireland’s EU presidency calls ‘a difficult compromise’ for the bloc
Foreign Currency Reserves 2026 – Market Notice 22 September 2026
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Jim Ratcliffe halts production at Hull chemical plants over ‘ridiculous’ gas prices
Billionaire industrialist Sir Jim Ratcliffe is pausing production at three chemical plants in Hull, blaming the UK’s “ridiculously high” gas prices.
Bessent emerges as frontrunner for Trump’s "AI czar" role - report
Treasury Secretary Scott Bessent has emerged as the leading candidate to serve as the Trump administration's "AI czar," a newly created position to coordinate artificial intelligence policy across the federal government…
EU spends three times more on imports from China than bloc exports there
Consumers and businesses in the EU are spending three times more on Chinese imports than their counterparts in China are buying from the bloc, a study has shown.
European drugmakers say they are ‘losing ground’ to US and Chinese rivals
Some of continent’s biggest pharma firms write to national leaders calling for action to safeguard their futures
High-mileage electric cars are more reliable than petrol ones, study finds
Motorists buying a secondhand car with a lot of miles on the clock are likely to find an electric vehicle (EV) ultimately more reliable than a petrol vehicle, according to a study.
OpenAI’s George Osborne says datacentre nimbys holding back Britain
Former chancellor, now senior figure at OpenAI, says UK needs datacentres to maintain ‘sovereignty’ over AI tech