Energy bills help 'doesn't go far enough'
Households in the West Midlands said they want to see the government revisit energy bills in the wake of the Budget - amid concerns the help being offered won't go far enough.
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Iran offers 48-hour Hormuz reopening plan as Trump signals progress in talks
Follow updates on the war in the Middle East for Wednesday, Aug. 5, here. See earlier developments below.
South Korea exports surge 93.7% in October, fastest growth since 1974
South Korea's exports nearly doubled in October compared with a year earlier, surpassing market expectations and recording the largest increase in more than five decades, according to Reuters. The trade data, released o…
FBI links record $6.3 billion Binance crypto theft to North Korea
US investigators attribute record Binance cryptocurrency theft to North Korean hackers.
A-listers and AI stylists: how high-street brands are staging a fashion comeback
High street brands that boomed in the noughties before the squeeze of both sustainably minded consumers and the rise of ultra-cheap online labels are staging a comeback.
Trump boosted half of US coal plants with taxpayer dollars and ‘free passes to pollute’, report says
It’s a good time to be a coal plant in the US. The Trump administration has given support to almost half of the nation’s coal plants, helping them to continue operating despite economic and regulatory headwinds, accordi…
UK charity shop profits plummet amid shift in secondhand clothes market
Profits at some of the UK’s best-known charity shops have plummeted as they face a number of pressures, including from online secondhand clothes platforms, prompting claims that a key part of the sector’s fundraising mo…
Railway engineering work over Christmas will cause 10 days of disruption
Passengers travelling on some of Great Britain’s busiest railway lines at Christmas have been warned of significant disruption from 10 days of engineering works.
‘The last fortress’: historic Athens cafe closes as countercultural area gentrifies
It has been the hangout of writers, artists, poets and politicians, doctors and lawyers, radicals and revolutionaries for as long as anyone can remember. And for 44 years, Christos Vanas, the proprietor of Mouria, has l…
How ‘sin bin’ for red light jumpers saves cyclists from being saddled with a fine
Police scheme in City of London offers errant cyclists a choice – watch a roadside safety video or pay a £50 penalty
Eight in 10 homes in London’s poshest postcodes now sell below asking price, Coutts finds
Eight out of 10 properties in London’s most exclusive neighbourhoods – such as Mayfair, Belgravia and Knightsbridge – now sell below asking price, according to research by Coutts, which provides private banking services…
Avanti West Coast paid out £20m in ‘delay repay’ passenger refunds this summer
Avanti West Coast paid out more than £20m to passengers in just three months this summer in refunds for disrupted journeys on Britain’s main intercity rail network.
The cursed cruise: how the dream of never-ending luxury at sea became a nightmare
The MV Odyssey was billed as the ultimate escape from Donald Trump. Instead, the oil shock caused by his war has left passengers unceremoniously dumped in Cambodia
Suspicious bets returning £149,000 for predicting Ballon d’Or under investigation
A series of suspicious bets that correctly predicted the exact top-five finishing order of this year’s Ballon d’Or and generated almost $200,000 (£149,000) in winnings is being investigated by the event’s organisers, Fr…
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
This Advisory updates our February 13, 2025 Advisory to reflect recent developments regarding the extension of certain implementation dates of the SEC’s Treasury Clearing Rule.
The Guardian view on Labour’s fiscal devolution: the future of Burnhamism will play out in municipal England | Editorial
Replacing government grants with revenue streams from taxation will not in itself reduce regional inequalities. But the political implications are radical
North Korea is likely culprit behind $6.3bn crypto hack, ‘largest heist in history’
Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far
Philip R. Lane: AI adoption in Europe
My aim today is to describe how AI is reshaping the euro area economy.[1] Although the development of frontier AI models is primarily taking place in the United States and China, the adoption of AI will be a key determi…
Saudi Arabia says drone intercepted and destroyed near Islam’s holiest city - AP
Iran’s Revolutionary Guard claimed Friday that three oil tankers exploded and caught fire while traveling through an unauthorized route in the Strait of Hormuz. It said one was a supertanker carrying more than 2 million…
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
On 29 October 2026 ECB President Christine Lagarde informed the Governing Council and the President of the European Council António Costa that she would step down from her position on 7 February 2027. A related press re…
Poundland in peril: how rampant inflation and price wars left £1 stores exposed
With the chain on the brink of administration, its low-profile US owners face questions about their conduct
Fed’s Barkin signals further rate hikes ahead with pace remaining the key question
Richmond Fed President Tom Barkin said the Federal Reserve's policy direction is largely settled given elevated inflation and a sturdy economy, but he left open how fast borrowing costs should rise from here.
Hackers target retail platforms, prompting UK households to rethink digital asset safety
The recent wave of security breaches across global digital asset and equity trading venues has forced a significant recalibration in how UK households approach their financial exposure. While the immediate news cycles f…
Public sector an ‘afterthought’ to North Sea oil jobs, says Unison leader
Andrea Egan calls for same political focus on teachers, care sector and NHS and says Jackdaw decision ‘a serious misstep’