How ‘sin bin’ for red light jumpers saves cyclists from being saddled with a fine
Police scheme in City of London offers errant cyclists a choice – watch a roadside safety video or pay a £50 penalty
Regulation
The staggering $446m Elon Musk has spent on the US midterms – visualized
Elon Musk has poured so much money into US politics this midterms election cycle that his donations could fund half a dozen SpaceX rocket launches or buy thousands of Tesla Cybertrucks. At the Tesla Diner in Los Angeles…
Eight in 10 homes in London’s poshest postcodes now sell below asking price, Coutts finds
Eight out of 10 properties in London’s most exclusive neighbourhoods – such as Mayfair, Belgravia and Knightsbridge – now sell below asking price, according to research by Coutts, which provides private banking services…
The cursed cruise: how the dream of never-ending luxury at sea became a nightmare
The MV Odyssey was billed as the ultimate escape from Donald Trump. Instead, the oil shock caused by his war has left passengers unceremoniously dumped in Cambodia
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
This Advisory updates our February 13, 2025 Advisory to reflect recent developments regarding the extension of certain implementation dates of the SEC’s Treasury Clearing Rule.
The Guardian view on Labour’s fiscal devolution: the future of Burnhamism will play out in municipal England | Editorial
Replacing government grants with revenue streams from taxation will not in itself reduce regional inequalities. But the political implications are radical
Poundland in peril: how rampant inflation and price wars left £1 stores exposed
With the chain on the brink of administration, its low-profile US owners face questions about their conduct
Saudi Arabia says drone intercepted and destroyed near Islam’s holiest city - AP
Iran’s Revolutionary Guard claimed Friday that three oil tankers exploded and caught fire while traveling through an unauthorized route in the Strait of Hormuz. It said one was a supertanker carrying more than 2 million…
North Korea is likely culprit behind $6.3bn crypto hack, ‘largest heist in history’
Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far
Fed’s Barkin signals further rate hikes ahead with pace remaining the key question
Richmond Fed President Tom Barkin said the Federal Reserve's policy direction is largely settled given elevated inflation and a sturdy economy, but he left open how fast borrowing costs should rise from here.
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
On 29 October 2026 ECB President Christine Lagarde informed the Governing Council and the President of the European Council António Costa that she would step down from her position on 7 February 2027. A related press re…
Britain’s blighted high streets will improve by next election, says Rayner
Housing secretary says Labour wants to reverse fortunes of towns plagued by boarded-up shops and rogue businesses
Brits nearly twice as likely to spot pressure tactics in horror films as investment red flags
Investors are almost twice as likely to recognise pressure tactics in a horror film as they are when those tactics are used to promote an investment opportunity, new FCA data suggests.
UK house prices grow at slowest pace in two years as mortgage rates rise
UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.
‘You can see the water going down’: residents on edge as one of England’s worst-hit reservoirs dries up
After UK’s hottest summer on record, Ardingly near Haywards Heath is just 19% full – and next-closest reservoir is unusable due to broken treatment works
BP profits hit 18-year high as Iran war drives up oil refining margins
BP’s profits have hit their highest level in almost two decades as the war in the Middle East drove up oil and gas prices and led to “significantly higher” trading.
Andy Burnham admits he would have liked more radical first budget
Prime minister says room for manoeuvre was limited by geopolitical crises and Labour’s 2024 manifesto
UK side-hustle tax-free allowance to rise to £3,000 next year
Up to 1.4 million people could benefit from change to trading allowance announced in budget, with some saving hundreds in tax
BOJ keeps interest rates steady as expected; says CPI inflation now at 2% target
The yen was 0.16% weaker at 157.73 per dollar, inching further away from the one-month high it touched last week ahead of the Bank of Japan policy decision later this week. The yen had lost ground on Monday too.
Healey backs away from cutting welfare cost amid warnings of public finance shortfall
John Healey has backed away from cutting the cost of welfare this parliament, amid dire warnings his first budget could lead to brutal spending cuts because of a £28bn shortfall in public finances.
Saudi Arabia tanker oil loadings rise to highest level since February
Russia’s fossil fuel export revenues have fallen since the sanctions were implemented, subsequently constricting Putin’s ability to fund his full-scale invasion of Ukraine. However, much more should be done to limit Rus…
Amazon gives Wall Street mixed financial picture in earnings report
E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarterAmazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report.The e-com…
Two Entities Charged in $130 Million Fraud Scheme That Used False SEC Filings to Boost Investor Confidence
The Securities and Exchange Commission on Oct. 29, 2026, charged BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, two foreign-operated, Colorado-incorporated entities, with orchestrating a fraud scheme that used false SE…
Trump weighs Iran escalation as top U.S. general makes rare White House visit
The US has paused strikes on Iran for a third night as top military officials advised Donald Trump to halt his bombing campaign, and diplomatic negotiations have continued to avoid a return to all-out war.