E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers
Competition watchdog clears takeover despite concerns that suppliers will have less incentive to lower bills
Policy
Bank governor urges John Healey to use budget to allay market fears amid bond turmoil
The Bank of England governor, Andrew Bailey, has urged the chancellor, John Healey, to agree a budget that convinces financial markets after the UK’s medium-term borrowing costs hit a fresh 19-year high.
Meeting of 9-10 September 2026
Ms Schnabel started her presentation with the observation that, since the Governing Council’s monetary policy meeting on 22-23 July 2026, euro area financial markets had continued to be driven by energy price developmen…
Oil prices jump 5% on Middle East tensions and US hurricane threat
Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast.
Wrexham and Rochdale train services rejected over west coast line pressure
Regulator also vetoes extra Blackpool service, saying insufficient space for new direct trains to LondonBusiness live – latest updatesPlans to run direct train services to Wrexham and Rochdale from London have been reje…
Tesco lifts profit forecast and predicts a low-alcohol Christmas
Tesco has raised its profit outlook as it expects households to splash out this Christmas – despite buying less alcohol – as they shrug off “uncertainty” over the Iran war.
Supermarket shake-up: why Asda or Morrisons could vanish within a decade
Talks between Sainsbury’s and Morrisons have set industry tongues wagging, with analysts saying the market is ripe for change
Piero Cipollone: Interview with Corriere della Sera
Not at all. Perhaps some people initially feared that the aim of the digital euro was to replace cash. But that is not the case. The ECB’s work to develop and ultimately introduce a new series of euro banknotes with dif…
UK motorists can now see live fuel prices on Google Maps
Move expected to make pump pricing more transparent and encourage competition after diesel hits record £2 a litre
Bank of England announces the four animals that will feature on our next series of banknotes
The Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will represent UK wildlife and feature as the central images on our next series of banknotes.
'Stop throwing shade' - the woman trying to stop firms leaving the UK
The UK needs to do more back its own companies at a time when a growing number are choosing to list their shares in the US rather than at home, the boss of the London Stock Exchange (LSE) has told the BBC.
Hedgehog among four chosen animals to feature on your new banknotes
Banknotes are getting a nature makeover - and the Bank of England has revealed the four creatures that will feature on our money.
Fed minutes show most policymakers see another rate hike by year end
The minutes back a hawkish read of the Fed path, keeping a further hike at the 27-28 October meeting or in December firmly in play and supporting front-end Treasury yields. The explicit link between prolonged high energ…
‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left
TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodus
Tories accused of prioritising rich voters as Badenoch lays out inheritance tax cut plan
Party hopes to win over affluent middle-class voters as leader rejects calls to ‘unite the right’ in conference speech
Minutes of the Federal Open Market Committee, September 15-16, 2026
The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on September 15â16, 2026.
South West Water owner taps investors to fix infrastructure after sewage spills
Pennon slashes dividend and launches £550m cash call ‘to drive improved outcomes for customers and communities’
The Jaguar Type 01: a £150k gargantuan getaway vehicle utterly useless in the city
Too costly for most, too large for UK car parks, and wheels bigger than a warlord’s pickup truck. But it does come in ‘London red’
Canada’s Weston family buys Boots for $8.9bn
Former Selfridges owners buy UK high street institution from long-term backer Stefano Pessina
Minutes of the London FXJSC Legal Sub Committee Meeting – 16 June 2026
Time: 2pm – 3.30pm | Location: Bank of England, Threadneedle St, London, EC2R 8AH
IMF chief urges governments to tighten belts as global debt levels soar
The head of the International Monetary Fund has called on governments across big economies to tighten their belts as soaring bond yields hit budgets.
Minutes of the London FXJSC Operations Sub-Committee Meeting – 16 June 2026
James Kaye (Chair, HSBC) welcomed new Committee members: Adam Jukes (Deutsche Bank) replacing Nimit Jobanputra, and Jonathan Morris (Goldman Sachs) replacing Anna Chadderton.
Results of the September 2026 survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD)
The September 2026 SESFOD survey covered a period of uncertainty linked to the conflict in the Middle East and volatile energy prices. The European Central Bank (ECB) raised its key interest rates by 25 basis points in …
Regulatory thresholds set to shift to automatic increases
The Prudential Regulation Authority (PRA) proposes that 128 thresholds across banking, insurance and credit unions increase automatically with nominal Gross Domestic Product (GDP) going forward.