Latest

Business · 28 September 2026

Britain’s Pantry in Peril: Drought‑Risk Zones Grow the Nation’s Staples

Iris Quay, London desk

A new report flags that the UK’s key food crops—cereals, potatoes, sugar and oil—are largely cultivated in regions rated as moderate to very high risk of drought, raising questions about food security and the City�…

Business · 28 September 2026

Avanti West Coast Nationalised—The City’s Latest 'Railway that Actually Works' Experiment

Iris Quay, London desk

The Department for Transport will take control of Avanti West Coast next March to turn the notorious timetable into a functioning system, but whether the rail company will survive the paperwork remains to be seen.

Business · 28 September 2026

Beaverbrooks’ Boss Demands a Business Breather Amid Gold‑Dipped Profits

Iris Quay, London desk

The family‑owned jeweller Beaverbrooks has asked the government to halt cost increases after flat sales and a slide in operating profit, a plea that has turned a quiet Sunday afternoon into a headline‑making City sag…

Business · 28 September 2026

AI Labs Eye IPOs, But First Must Pass Their Own Safety Exam

Helen Pell, Washington desk

The two AI behemoths plan public listings, yet looming liability and safety concerns may force them to test their own code before investors do.

Business · 28 September 2026

Revolut and Rivals Urge Chancellor to Lift Tax Surcharge Threshold, Claim It Would Turn Digital Banking Into ‘Cash‑Only’ Clubs

Iris Quay, London desk

Britain’s top fintech, Revolut, and a cohort of challenger banks have drafted a plea to the Treasury, arguing that a sudden tax surcharge would choke the sector and push firms into a cash‑only era.

Business · 28 September 2026

Triple‑Lock Tumble? The City Watches as a New Care Service Promises Pension Peril

Iris Quay, London desk

Labour’s Andy Burnham’s pledge to fund a national care service has raised eyebrows, with many speculating that the long‑held triple‑lock pension guarantee may finally be on the chopping block. The City’s financ…

Business · 28 September 2026

Euro‑area diesel surge turns fuel stations into high‑stakes roulette

Etienne Marlow, Brussels desk

European diesel prices have rocketed to record levels as refinery outages, supply shortages and geopolitical tensions combine, prompting a bleak forecast for the euro‑area fuel market.

Finance · 28 September 2026

Washington Desk: US and China Agree to Stop Yelling at Each Other’s Laundry Baskets

Helen Pell, Washington desk

The US and China have agreed to reduce tariffs on $60 billion worth of goods, prompting a chaotic rally among textile traders and a suspiciously calm Federal Reserve.

Environment · 28 September 2026

Hurricane Polo Struts Toward Baja California, Nolo Plays Hide‑and‑Seek with Hawaii

Candy Voss, Washington desk

A Category‑four hurricane named Polo barrels toward Baja California Sur, threatening landslides and a surge that could make a beach party out of the city, while the less glamorous Nolo retreats from Hawaii, leaving res…