Sunday, 8 November 2026
Independent coverage of global markets, trade and finance
A vast, fossilized Tyrannosaurus rex nicknamed Gus sold at Sotheby’s in New York on Tuesday for $50.1m with fees (£37.4m) to a phone bidder – making it the most valuable dinosaur fossil sold at auction.
Boris Johnson’s government wasted £10bn of public money because of the flawed way it went about buying personal protective equipment during the coronavirus pandemic, an official inquiry has concluded.
The US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday.
The FCA has proposed a package of reforms that would tailor requirements proportionately for asset managers, cut costs for firms and give better data to supervise the sector more effectively.
South East Water will pay £30.5m after a series of supply interruptions, customer failings and for breaching its licence, the regulator Ofwat has said.
In fact, the single biggest buyer of the precious metal last year was a company you've probably never heard of â a crypto firm called Tether
Relentless sunshine and the World Cup coaxed consumers to spend more on beer and online shopping last month, with purse strings expected to remain loose as England fans gear up for Wednesday’s semi-final.
A dozen US state attorneys general are seeking to block the $110bn merger of Paramount Skydance and Warner Bros Discovery, arguing in a lawsuit filed on Monday that it would hurt competition and lead to higher prices fo…
Geopolitical tensions, soaring asset valuations and financial innovation have put the topic of financial stability back on the agenda. But today, people are talking about hedge funds, bond market functioning, private cr…
Great Britain’s grid operator has brought in independent investigators to look into accusations that its staff were involved in a cover-up over the power system being at a greater risk of blackouts during the heatwave.
More than 90 residents have expressed interest in contamination claim against AGC Chemicals Europe
The European Parliament gave the digital euro the green light last week. Do any major hurdles still remain or is the way clear for the project to be implemented?
A mischievous airline pilot spelled out his tedium by skywriting “I’m bored” over an estuary in north-west England.
British nationals can expect shorter passport queues at Swiss airports and border crossings after a £5.2bn trade deal was sealed by Keir Starmer, likely his last big international agreement as prime minister.
The Chair thanked members for attending and confirmed that the Minutes of the Money Markets Committee (MMC) March 2026 meeting had been published on the Bank’s website.footnote [1]
Drinkers across the UK were shocked when a pint in some London bars hit £10, and now a cup of coffee is facing a similar inflationary rate. Some baristas are now charging £6.50 for a flat white.
This time of year is graduation season in China: traditionally a bittersweet period of solemn goodbyes and family celebrations as university students transition from campus life into adulthood. Now it also increasingly …
The beleaguered pub sector is getting a boost from England’s World Cup run, with some landlords reporting roaring sales as anticipation builds for a bumper night on Wednesday for the semi-final clash with Argentina.
For a long time the classic round, red tomato has dominated British salads and sandwiches, but its supremacy is coming under threat as sales of rainbow colours and the upmarket rival “cherry on the vine” take off.
France and the UK have agreed to increase staffing at border controls in response to warnings of travel chaos caused by new fingerprinting and facial recognition checks.
Britain’s biggest community solar project has been forced to shut for the duration of its first summer by the government’s energy system operator to avoid overloading the local grid with renewable energy.
The UK must do more to defend its democracy after it emerged that Elon Musk’s family foundation had taken the far-right activist Tommy Robinson to Russia, Ed Davey has said.
Just as Nigel Farage kicks off a summer of “arguing with a bin” , as the chancellor, Rachel Reeves called it, Labour’s bill to clean up politics returns to the House of Commons this week.
Economists are warning that a “super” El Niño weather cycle this year could cause a severe shock to global food prices lasting into 2028.