Category: News

Gold prices broke through $3,900 an ounce for the first time as investors rushed to safe-haven assets amid falling interest rates, US political tensions and renewed concerns over global economic stability.

Ineos is cutting 60 jobs at its Hull chemicals plant, blaming cheap Chinese imports, soaring UK energy costs and weak government protection for putting Britain’s manufacturing sector under severe strain.

UK investors pulled £3.6bn from equity funds in Q3 2025, the largest quarterly outflow since records began, as fears of overvalued markets and an AI-fuelled bubble prompted a rush towards bonds and cash.

Chancellor Rachel Reeves is preparing sweeping planning reforms and a £2bn tax raid on banks in her 26 November Budget as she faces a £30bn deficit and pressure to revive Britain’s flagging growth.

Aston Martin warns of another loss-making year amid weak demand, tariffs and Valhalla hypercar delays, reversing hopes of a turnaround under CEO Adrian Hallmark.

Mike Ashley’s Frasers Group has warned Unite against “reckless and irresponsible” strike threats at its warehouses after the union demanded staff be paid the real living wage.

UK electric car sales hit a record 72,800 in September, up nearly a third year-on-year, after new government subsidies reignited demand and helped plug-in hybrids jump 56%.

Political and fiscal uncertainty ahead of Chancellor Rachel Reeves’s delayed autumn budget has dragged UK business growth to a near standstill, with the S&P Global PMI slipping to 50.1 in September.

UK Finance, representing Britain’s biggest banks, has warned that government plans to cap ticket resale prices could push touts to unregulated sites like Facebook Marketplace, increasing fraud risks for music fans.

Jaguar Land Rover is preparing a £500m lifeline for suppliers after a government-backed £1.5bn bailout was delayed, as the carmaker struggles to restart production following a major cyberattack.

Bitcoin has surged to an all-time high of $125,000, with deVere Group CEO Nigel Green forecasting a rise to $150,000 by year-end, citing weaker dollar, institutional inflows and policy support.

The chief executive of Entain, the FTSE 100 owner of Ladbrokes and Coral, has warned the government that higher gambling taxes in next month’s Budget could lead to widespread betting shop closures and a sharp reduction in UK investment.

Sir Jim Ratcliffe’s Ineos has imposed a hiring freeze and curbed spending as it targets a sharp reduction in its €11bn debt, following a global downturn in chemical prices and weaker demand across key markets.