Economy · City AM · 2 Nov 2026
Anthropic’s revenue has surged twelvefold to nearly $17bn (£13bn), but the AI giant has slipped back into the red as its computing commitments approach $900bn ahead of a potentially record-breaking stock market debut. The Claude maker revealed the figures in…
Economy · Yahoo Finance
Here’s my top FTSE 100 telecoms stock (and it’s not Vodafone or BT)
Vodafone used to be the FTSE 100’s most valuable company. But there’s a new kid on the block that James Beard argues has better growth prospects. The post Here’s my top FTSE 100 telecoms stock (and it’s not Vodafone or BT) appeared first on The Twelfth Magpie.
Economy · Yahoo Finance
Stocks boosted by lower oil price and tech rally
The FTSE 100 Index closed up 0.3% at 10,761.33.
Economy · Yahoo Finance
UK Shares Start Week Higher; BP, Shell Decline Amid Lower Oil Prices
British equities started the week higher, with the FTSE 100 up 0.35% on Monday's close, as easing co
Tax · HMRC
Debt Management and Banking Manual
Some content of this manual is being considered for archiving. If there is content you use regularly, please email hmrcmanualsteam@hmrc.gov.uk to let us know as soon as possible. Our debt management and banking processes incorporates material covered in the…
Economy · City AM
Mahmood waters down migration rules for care workers in £10bn gamble
Home secretary Shabana Mahmood has watered down migration rules for care workers after backlash from Labour MPs, although high earners will benefit from faster routes to settlement in the UK. The home secretary confirmed plans to allow some entrepreneurs…
Economy · HMRC
Self Assessment Manual
This manual contains guidance and processes for Self Assessment (SA)
Manufacturing · Sky News
Water chiefs lash out at Ofwat governance reforms
Water industry bosses have hit out at reforms proposed by Ofwat, the industry regulator, which they claim would force them to recruit dozens of additional directors with the cost being borne by billpayers.
Finance · Yahoo Finance
Why November could be another fantastic month for FTSE 100 stocks!
Royston Wild explains why the FTSE 100 could continue rising this month -- and reveals a top UK share he thinks investors should consider. The post Why November could be another fantastic month for FTSE 100 stocks! appeared first on The Twelfth Magpie.
Finance · City AM
Finance chiefs warn Treasury against delaying crypto strategy
Nearly a dozen industry bodies have warned the Chancellor not to delay plans to develop a central strategy on the regulation and adoption of cryptocurrencies and digital assets ahead of a pivotal vote in parliament. Bosses from the likes of Innovate Finance…
Economy · Financial Times
Business has a crucial role in helping the Neets to work
Saving an entire generation is a whole-systems challenge
Finance · BBC News
Poundland's former owner offers to invest as minister prepares to meet board
Wolverhampton's Steve Smith said he wants to put some money back into the firm he started.
Transport · The Guardian
Ryanair faces clash with unions as it mulls pay freezes amid soaring fuel costs
Airline also weighs up reducing crew on flights and increasing use of AI as part of cost-cutting measures Business live – latest updates Ryanair has said it is considering implementing pay freezes, setting the scene for a confrontation with unions as the…
Economy · City AM
Virgin Media O2 job cuts could save £200m but fail to ease debt crisis
Virgin Media O2’s plans to axe up to 4,000 jobs could save the telecoms giant around £200m a year, but may do little to ease its mounting debt burden. The broadband provider is preparing to cut as much as a quarter of its 16,000-strong workforce as it battles…
Economy · The Guardian
Snowball fight: Cadbury owner in trademark row over festive chocolate treat
Mini Snow Balls’ maker Mondelēz is demanding vegan brand Moo Free remove its White Choccy Snowballs from shelves Toblerone owner sues British vegan chocolate brand over chunky shape The owner of Cadbury and Toblerone has demanded that a small vegan chocolate…
Transport · BBC News
Ryanair says it may freeze workers' pay and raise airfares
The airline says fuel prices may rise by €2bn in 2028 unless there is an end to the US-Israel war with Iran.
Construction · The Guardian
Sales slump at UK’s largest brickmaker as housebuilding downturn deepens
Ibstock, which has cut production by a fifth, criticises government for delay in help for housing sector Sales at the UK’s largest brickmaker plunged by more than a fifth over the summer, as it criticised the government for not introducing fresh help for the…
Finance · Yahoo Finance
BP shares are yielding 4%, but could this soon increase to 7.7%?
BP shares offer an above-average dividend but could income investors enjoy an even better yield soon? James Beard takes a closer look. The post BP shares are yielding 4%, but could this soon increase to 7.7%? appeared first on The Twelfth Magpie.
Finance · Bloomberg
UK’s BII Targets £2.25 Billion for Africa’s Riskiest Markets
British International Investment plans to deploy about £2.25 billion ($3 billion) in some of Africa’s riskiest markets over the next five years, stepping into economies that are largely beyond the reach of the world’s biggest institutional investors.
Tax · City AM
BCG faces HMRC tax probe in consulting sector crackdown
Boston Consulting Group (BCG) is the latest professional services firm to be scrutinised by HMRC over its partnership structure and tax calculations for senior staff. The tax authority is conducting an inquiry into how the consulting group determines whether…
Finance · HMRC
Fraud Civil Investigation Manual
Code of Practice 9 and the Contractual Disclosure Facility (CDF) - On 14 June 2023 a revised version of the COP9 was published on the Gov.uk website. This replaces all earlier versions and applies to all new COP9 cases opened on or after 14 June 2023.
Finance · Sky News
Barclays to begin car finance payouts months before outcome of legal challenge
Barclays will this week become the first major UK lender to begin offering compensation payments to former motor finance customers, even as the industry's big financiers face waiting months for the outcome of challenges to a £9bn redress scheme.
Finance · City AM
Home REIT gives notice to investment manager ahead of formal wind-down
Home REIT has served its investment manager a formal termination notice as it launches aggressive cost-cutting measures as part of its winding-down. The stricken property firm said it had served its investment manager, AEW, six months’ notice in its latest…
Finance · Yahoo Finance
FTSE 100 Falls as Oil Prices Slide on Hopes of Progress in US-Iran Talks
The FTSE 100 declined on Monday as falling crude oil prices weighed on major energy companies, while investors monitored diplomatic developments involving the United States and Iran and their potential implications for global energy supplies. London’s…
Tax · City AM
What the Scotch whisky industry wants from government
There was a mixture of dismay, exasperation and righteous indignation in the Scotch whisky industry when, in his first Budget as chancellor last Wednesday, John Healey ignored longstanding pleas for a fairer approach to excise duty on spirits. The Scotch…
Construction · Yahoo Finance
Lloyds shares are falling. Here’s why I want to buy more!
Lloyds shares have fallen sharply following the Autumn Budget and latest results. But Ken Hall sees an opportunity to build his position for the future. The post Lloyds shares are falling. Here’s why I want to buy more! appeared first on The Twelfth Magpie.
Transport · City AM
Ryanair resorts to AI cost-cutting to swallow higher jet fuel costs
Ryanair is set to use AI to improve productivity and freeze the pay of some of its staff as it grappes with a €2bn increase in fuel costs. Michael O’Leary, chief executive of the budget airline, said the energy costs facing European airlines will be…
Interest rates · Financial Times
BoE set to raise rates to 4% in fight against inflation
Governor Andrew Bailey has warned against rushing to judgment about risks but latest OBR figures point to tough outlook
Tax · Financial Times
BCG hit with tax probe as HMRC steps up scrutiny of consultants
Agency scrutinising whether some UK partners at elite consultancy should be treated as employees for tax purposes
Tax · The Guardian
The measure slipped into UK budget that could protect spending on children, youth and rough sleeping | Heather Stewart
PDEL, which will ringfence money for preventive policies, marks a welcome and potentially consequential addition John Healey’s debut budget was far from a blockbuster, but it may come to be remembered for the birth of a plucky new character in the tax and…
Tax · The Guardian
Britain’s housing crisis won’t be fixed without a new tax landscape
We need policies that stop treating property as a store of wealth and that allow people to move home cheaply John Healey’s critics on the right and left accused him of dodging the big questions in his first budget . The chancellor failed to announce reforms…
Manufacturing · Sky News
Buyout firm TDR Capital strikes €400m deal to buy Lovehoney
The private equity firm which owns Asda and Britain's biggest pubs operator has agreed a roughly €400m (£334m) takeover of Lovehoney Group, a big player in the fast-growing "intimate wellness" industry.
Tax · Financial Times
The higher earners cut adrift by the Budget
Tens of thousands more than expected could be dragged into the £100,000 tax trap next year
Finance · Financial Times
Equity loan scheme will struggle to deliver ‘the homes buyers want’
Many first-time purchasers want three-bed houses but Your First Home price caps mean mostly flats will qualify in large parts of country
Tax · Financial Times
The bonkers business of tax breaks for entrepreneurs
Encouraging start-ups and scale-ups is a good idea but is not best served by Healey’s new Founders’ Relief
Tax · Financial Times
Entrepreneurs question Budget rhetoric on relief and red tape
Small business bodies said higher taxes and reduced reliefs exposed chancellor’s pledge to back Britain’s ‘bloody-minded’ founders
Interest rates · Financial Times
Inflation and interest rates tracker: see how your country compares
Explore the latest data through interactive charts
Retail & hospitality · Sky News
Poundland bidder tells administrator it remains keen on rescue deal
The Northern Irish company attempting to stage a solvent rescue of Poundland has told the discount retailer's administrator-in-waiting that it remains keen on a deal which could save more than 10,000 jobs.
Retail & hospitality · BBC News
How Poundland grew from a market stall to a high street giant
The retail giant - which started life at a Wolverhampton market - is now at threat of collapse.
Tax · Financial Times
UK government accused of ‘stealth’ £1.5bn rise in business rates
Chancellor touted an extension of relief in Budget that took 70,000 small shops, restaurants, cafés and gyms out of paying the tax
Retail & hospitality · BBC News
Burnham 'ready to support' Poundland staff as retailer faces collapse
Poundland's bosses are filing a notice of intention to appoint administrators to the business.
Interest rates · Bank of England
Remit for the Monetary Policy Committee - October 2026
Letter from the Chancellor to the Governor
Retail & hospitality · Bank of England
David Roberts CV and questionnaire for the Treasury Select Committee
Published for the Treasury Select Committee
Interest rates · Bank of England
Minutes of the Market Participants Group meeting – 24 September 2026
The Market Participants Group (MPG) is a senior-level forum for financial market participants to share their views on relevant themes and narratives in financial markets with members of the Bank of England’s Monetary Policy Committee.
Interest rates · Bank of England
Transcript of the Governor's pooled broadcast interview given on 17 September 2026
Following the publication of the Monetary Policy Summary and minutes of the Monetary Policy Committee meeting
Retail & hospitality · Bloomberg
Robinhood in ‘Food Fight’ for Anthropic IPO Retail Allocation
Robinhood CFO Shiv Verma said that the company is in a 'food fight' for retail access to shares in Anthropic's upcoming IPO. Verma said Robinhood is going to let its demand for shares 'speak for itself' and let trading momentum on Robinhood's platform drive…
Economy · Bloomberg
Oracle Leads 17-Firm High-Grade Bond Push Before US Midterm Vote
Oracle Corp. is leading a charge of 17 companies rushing to sell bonds in the US high-grade market on Monday ahead of the US midterm elections, in the longest lineup since September.
Interest rates · Bloomberg
El Niño Could Raise US Inflation, Boost Jobs in 2027: Fed Study
A powerful warming of Pacific waters this year — a cyclical phenomenon known as El Niño — could push US prices higher and boost employment next year, according to a new economic letter from the Federal Reserve Bank of San Francisco.
Transport · Financial Times
Petrol prices set to hit record high under Trump on eve of US elections
Average fuel costs during president’s second term pass Biden-era levels as affordability issues top Tuesday’s midterm polls
Manufacturing · Bloomberg
US Manufacturing Activity Accelerates as Production Picks Up
US manufacturing activity picked up in October, supported by the strongest production growth in nearly five years.
Interest rates · Bloomberg
Pakistan Inflation Stays Elevated as Risks Cloud Outlook
Pakistan’s inflation remained well above the central bank’s target range in October, underscoring persistent price pressures even after policymakers raised interest rates last week.
Interest rates · Bloomberg
ECB’s Kazimir Says Markets May Underestimate What’s Needed
Investors may not be pricing enough tightening by the European Central Bank, with the energy shock showing no sign of fading and inflation picking up again, according to Governing Council member Peter Kazimir.
Construction · Bloomberg
South African Factory Mood Remains Downbeat as Price Pressures Build
South African manufacturing sentiment remained downbeat for a fifth straight month as purchasing-price pressures intensified and expectations about future business conditions deteriorated.
Transport · Financial Times
Ryanair to freeze pay and cut hiring as €2bn jet fuel hit looms
Budget airline is slashing costs and raising fares to mitigate impact of Iran war
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