Breaking News

Fuel costs squeezing margins for some businesses
Diesel recently topped £2 per litre and there is concern that a duty freeze will not go far enough.

UK tried to persuade UBS to move to London
Rachel Reeves pitched City as alternative home for Swiss bank, which is weighing its options amid new capital proposals

Tesla unveils car that can drive upside down and jump through the air
Tesla has unveiled an electric car that can drive upside down and use rocket-like thrusters to jump and turn mid-air.

40 years on, the next Big Bang is happening behind the scenes instead of on the trading floor
Capital markets are undergoing a structural shift as investment banks move away from legacy, self-operated back office functions toward shared, collaborative systems capable of supporting AI, says Joe Channer The Thatcher government’s Big Bang reforms transformed the City of London from an old boys’ club into a global electronic marketplace

Trump Didn’t Order Limits on Kyiv’s SpaceX Access, US Says
President Donald Trump didn’t order any limitations on Ukraine’s access to SpaceX’s Starshield satellite technology, according to a senior US official.

Zelenskyy Defies Trump and Orders New Russian Refinery Attacks
Ukrainian President Volodymyr Zelenskyy has ordered attacks on Russian oil refineries to resume in a spiraling confrontation with Donald Trump over restrictions on US intelligence assistance.

French debt worries spill into stocks, driving biggest underperformance since 2010
Investors demand big discounts against regional peers to reflect troubled public finances and looming presidential election