Meta strikes deal with Zuckerberg to help him foot billionaire tax bill
Meta has struck a deal with Mark Zuckerberg to help him foot a possible California wealth tax targeting billionaires.
Policy
Barclays cutting 5,000 jobs as it increases reliance on AI
Barclays is cutting around 5,000 staff this year as it introduces more artificial intelligence (AI) into its processes.
You be the chancellor: play our budget game to see if you can balance the books
See if you can do a better job than John Healey at creating a budget that keeps MPs and the bond markets onside
Airbnb guests freed from chores involving ‘significant effort’ under new global rules
Airbnb hosts will no longer be able to ask guests to strip beds or wash dishes under the accommodation platform’s new rules.
AI firms say UK has a year to head off datacentre protests before construction is threatened
Exclusive: Nvidia, Microsoft and Cisco taskforce urges ministers to offer areas greater benefits from tech infrastructure amid fears of US-style opposition
Everyone hates Oxford Street. Will pedestrianisation save it?
In a few days the busiest shopping street in Europe will be closed to traffic. The hope is that an unloved and polluted thoroughfare will turn into somewhere that people actually want to spend time
Waitrose opens first new supermarket in eight years in north London
Grocer launches Cricklewood store as part of £1bn investment plan, with Hale Barns, Greater Manchester, to follow next month
The 'trillion pound' oil fund the government believes Britain could have built
Chancellor John Healey announced the creation of an Energy Wealth Fund at the Jackdaw gas approval announcement on Wednesday, with £2bn of funding diverted from the existing National Wealth Fund.
Tesla to report earnings after Elon Musk floats SpaceX merger plan
Musk says ‘there’s a lot of merit’ to potential merger that would require approval of 50% of Tesla shareholders
Flaw in PHP computer language leads to shutdown of websites around world
Websites around the globe have gone dark after a serious vulnerability was found in a computer language used to build much of the world wide web.
Booking.com under investigation by EU regulators over fake listings and scams
European Commission calls accommodation website’s approach to fraudulent listings and phishing scams as ‘absolutely substandard’
French borrowing costs hit 24-year high as civil unrest and budget fears spook markets
Yield on 10-year government bonds passes 5% amid failure to pass budget and fallout from violent street protests
Reshaping regulation, deliberately
Speaker: Sarah Pritchard, deputy chief executive Event: Investment Association Annual Dinner 2026, Guildhall, City of London Delivered: 20 October 2026 Note: This is a drafted speech and may differ from the delivered ve…
Energy secretary leaning towards rejecting Rosebank oilfield
Exclusive: Officials say Miatta Fahnbulleh minded not to give approval in victory for climate campaigners
Bereaved civil service families could face ‘unjust’ tax bills due to pension scheme delays
Bereaved families could face “unconscionable” tax bills because of “chaos” in the civil service pension scheme, the government has been warned.
Stratford International on track to get cross-Channel trains in budget boost
Stratford International train station in east London will receive funding in next week’s budget, according to reports, putting it on track to live up to its name and become a hub for cross-Channel services.
Former chief executive banned after misconduct led to £4m losses in high-risk investments
The FCA has banned Jeffrey Dawkins, the former chief executive of Vector Wealth Ltd, after he dishonestly acted as a front for a disqualified director using the company to sell high-risk bonds.
Giant tunnel proposed to tackle Windermere sewage discharges
United Utilities, Environment Agency and local campaigners say 12-mile tunnel could take sewage away from England’s largest lake
Faisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challenge
The Chancellor was on a early flight to North East Scotland on Wednesday to announce new North Sea energy approvals as the last set of major economic figures dropped.
What an eyesore! My day at Norfolk’s frightful fridge mountain
This summer alone, 26 local authorities in the UK had to stop accepting fridges and freezers for recycling. Now the appliances are piling up around the country – with no proper disposal date in sight
Piero Cipollone: Pontes and Appia: unlocking opportunities for banks
Today I will discuss the role of technology in the future of finance.[1] I will seek to outline the conditions needed for technological innovations to genuinely enhance the economic efficiency of the financial system, f…
Surging fuel prices push UK inflation rate to 3.5% ahead of Budget
The pace of UK price rises accelerated ahead of John Healey's first Budget, pushed up by sharp increases in petrol and diesel prices.
UK inflation rises by more than expected to 3.5% as war drives up fuel prices
UK inflation climbed by more than expected in September to 3.5% after a surge in prices from the conflict in the Middle East that pushed the cost of diesel above £2 a litre.
How might Andy Burnham tackle Thames Water debacle?
Andy Burnham has told officials to rip up their plans for how to fix Thames Water and present him with more radical options for what to do with the stricken company. Here are some ideas the prime minister is being urged…