Finance · 31 October 2026
Big‑tech earnings disappoint and investors start a sell‑off, wiping almost a trillion dollars off the US market as the hype around AI turns from promise to punchline.
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Finance · 31 October 2026
Inflation and price wars have pushed Poundland to the brink of administration, sparking scrutiny of its low‑profile US owners. A former boss lamented the chain’s once‑successful £1 proposition, while rising living…
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Finance · 31 October 2026
BP announced a record 18‑year profit of $8.46 bn, lifted by higher trading margins amid the Iran‑Middle East conflict, earning cheers from the City and protests from climate activists.
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Finance · 31 October 2026
Whitbread, the FTSE‑100 owner of Premier Inn, has won backing from a top‑25 shareholder, helping it fend off activist investor Corvex’s bid for a board seat.
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Finance · 30 October 2026
Amazon reported a strong rise in AWS revenue but warned that fourth‑quarter sales would be modest, prompting a mixed reaction from City investors.
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Finance · 30 October 2026
ECB chief Christine Lagarde will step down months before France’s presidential election, stirring the City’s markets and leaving bankers wondering if the next leader will be a calm tide or a stormy wave.
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Finance · 29 October 2026
Profits at the UK’s largest mortgage lender nearly doubled thanks to higher interest rates, while a major oil producer also lifted earnings by billions as crude prices rose.
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Finance · 29 October 2026
The chancellor’s ‘no‑harm’ budget saw gilt yields ease and the pound remain steady, prompting a sigh of relief from City traders.
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Finance · 29 October 2026
Microsoft offered buyouts to 60,000 employees and still posted a $92.3 bn quarterly revenue with $36.6 bn profit, beating Wall Street expectations. Azure’s cloud division grew 48% year‑on‑year and the company�…
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