Meta releases Muse Spark Open, a new ‘open-weight’ AI model
Meta on Thursday launched a new open-weight AI model which it claims rivals, and in some cases outperforms, similar products from leading Chinese developers.
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Jarvis Investment Management Limited enters special administration
On 14 October 2026, Jarvis Investment Management Limited (Jarvis Investment) entered special administration. Adam Stephens and Philip Hemming of S&W Partners LLP were appointed as special administrators.
ePayments Systems Limited enters special administration
On 15 October 2026, ePayments Systems Limited (EPS) entered special administration. Mark Boast and Allister Manson of Opus Restructuring LLP (Opus) have been appointed as joint special administrators.
Banks say Healey is planning Budget tax raid on their profits
Senior banking executives have told the BBC they expect the sector to be "on the menu" when the chancellor announces his Budget in two weeks' time.
Thames Water asks for £2.4bn more to avoid going bust this year or early 2027
Water company tells creditors it will not survive long enough to agree refinancing deal without more money
Lisa Nandy ‘minded to intervene’ in Sky’s £1.6bn purchase of ITV
Culture secretary’s move paves way for deeper scrutiny of deal that would create UK’s biggest commercial broadcaster
Cost of balancing Great Britain’s power grid reaches nearly £50m a day
Grid operator paying large sums to switch off windfarms in areas of excess electricity generation while turning on gas plants elsewhere
Online ads weaponised to deliver ‘zero-click’ spyware, researchers say
Discover-Tech’s Controlium software lets clients mass-profile internet users then covertly hack targets, say researchers at University of Toronto
Cult venue Prince Charles cinema ‘saved’ after lease renewal signed
The much-loved central London institution, which has been threatened with closure since January 2025, secures 25-year lease without break clause with current landlords
Severe drought declared in six areas of England as reservoirs run low
Some reservoirs in south at critical levels as water companies call for extended restrictions that would affect golf clubs, private schools and car washes
David Roberts CV and questionnaire for the Treasury Select Committee
David Roberts CV and questionnaire for the Treasury Select Committee Published for the Treasury Select Committee Read at source
UK economy sees surprise growth in August ahead of Healey's first Budget
The UK economy's stronger than expected performance in August has been called it a "sign of resilience" by Chancellor John Healey.
Wallace & Gromit maker Aardman falls short of return to profit
Don’t break out the celebratory Wensleydale just yet. Aardman, the British animation studio behind the cheese-loving inventor Wallace and his beloved dog Gromit, has fallen short of a target to get back in the black, it…
‘I introduce myself to anyone who looks a bit jumpy’: a security guard’s take on anti-shoplifting fixes
I’ve run into volatile thieves for years – from opportunistic phone snatchers to people ripping computers off desks and biofuel bandits trying to steal vats of used cooking oil – and every time I file an incident report…
Minutes of the SONIA Stakeholder Advisory Group - 25 September 2026
The Chair welcomed the Group and those present as part of the SSAG observers’ programme and the Bank’s Step Into My Shoes observer programme.
Poland’s ascent from communist state to top 20 economy reverses the brain drain
Above the rain-soaked streets of Warsaw, the observation deck of the Varso tower overlooks Joseph Stalin’s gift to Poland that has divided opinion for decades.
Ukraine to resume strikes on Russian refineries, Zelenksy tells FT
Ukraine should continue its long-range strikes against Russian oil refineries, while Moscow’s proposal to supply diesel to international markets is likely an attempt to relieve pressure on its energy sector, retired Gen…
Brazil cuts work week to 40 hours in win for Lula ahead of runoff
Congress approves constitutional amendment that bans six-day workweeks, which could affect up to 30 million
How much is the minimum wage?
The rate for workers aged 21 and over is called the National Living Wage, while those aged 18 to 20 are paid the National Minimum Wage.
How a Chinese-made toy gets to a US retailer
On the underside of most children's toys on sale in the US you'll find the same three words â "Made in China".
Business Daily
Germany's biggest carmaker could cut 100,000 jobs as it struggles to compete with China
Merry squishmas: £10 squeezy banana on list of top festive season toys
A cartoonish banana so addictively squidgy that it is “really difficult to put down” is tipped to be among the must-have toys this Christmas , according to expert buyers at Hamleys.
Done family took £30m dividend from Betfred before warning of job cuts
The billionaire Done family took a £30m dividend from their Betfred gambling empire, before warning that they would close hundreds of bookies and cut jobs if the government increases tax on high-street slot machines .
Netflix to lay off about 1,000 employees in biggest cuts since 2022
Streaming company faces tough competition for viewers and engagement from legacy rivals and YouTube