Three things to watch on stock market this week after sharp fall in tech share prices
AI compute firm Coreweave dropped by more than a quarter last week
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Staff at Britain’s grid operator did not cover up blackout risks, probe finds
The National Energy System Operator was being investigated over allegations raised by whistleblowers.
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The Canary news website announces closure after ‘vicious campaign against us’
Leftwing outlet said it had faced ‘multiple attacks’ and ‘malicious lies’ which made its situation unsustainable The leftwing news site the Canary has announced that it is closing indefinitely. Earlier this year the med…
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Violent street protests in France and Italy trigger stock and bond sell-off and send euro lower – business live
Roaring exports lift China’s economic growth Chris Beauchamp, chief market analyst at investing and trading platform IG, said: Investors worried about political flashpoints will be watching France nervously. Given the c…
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Home sellers cut asking prices on 3,000 properties a day
More property asking prices are being cut than at any time in 15 years, data shared with the BBC shows.
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Former Virgin Atlantic chief to pilot traffic management group Ramudden
The executive who piloted Virgin Atlantic Airways through the COVID-19 pandemic is taking the helm at a major provider of traffic management services in his biggest role since he left Sir Richard Branson's flagship comp…
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HelloFresh workers claim physical abuse and denied bathroom breaks in class action suit
The meal kit delivery service denies the allegations, saying it found claims to be ‘entirely without merit’ Workers at a HelloFresh facility in Newark, New Jersey have claimed in court documents that they were verbally…
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Saudi Arabia is learning the hard way: they can’t count on Trump for protection | Mohamad Bazzi
After Houthis escalated their attacks on Saudi Arabia, the US turned down calls from MBS for help For years, Saudi Arabia’s crown prince, Mohammed bin Salman, cultivated a close relationship with Donald Trump and his so…
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Consumer confidence slumps to lowest point in more than three years
October saw a sharp deterioration in confidence, with 57% of households expecting a shift to higher interest rates, according to S&P Global figures.
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We must tax the wealth of billionaires, not just income. California can lead the way | Ro Khanna
Will California stand with the working class or the oligarchs in the vote this November? The Democratic party has a choice to make. Are we going to be New Deal Democrats or corporate Democrats? Are we standing with the…
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Tourists are avoiding York, my home town – but I know how to get them back
Are they put off by the hen parties, the tea rooms or the £5-an-hour parking? No matter. It’s time for my bold new approach ... York may be falling out of fashion with tourists. The BBC reports January-to-June visitor n…
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What are the new faces coming to UK bank notes?
Banknotes are getting a nature-themed makeover – and the Bank of England has revealed the four creatures that will feature on our money.
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China’s economy grows faster than forecast after AI boom boosts exports
Third-quarter GDP up by 4.5% compared with last year as industrial output is buoyed by electronics demand Roaring exports lifted China’s economic growth in the third quarter of this year, with factory output growing muc…
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Uber sees off £340m claim by London cabbies
Uber has claimed victory in a long-running legal battle brought by taxi rivals, including thousands of London black cab drivers.
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Discount retailer B&M plots offer to cherry-pick shops from rival Poundland
B&M European Value Retail, the London-listed discounter, is looking to cherry-pick sites from troubled rival Poundland as it teeters on the brink of administration.
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Digital wallet provider Hyperlayer lands £20m funding injection
A British-based fintech run by a former top executive at Morgan Stanley, the Wall Street giant, has landed almost £20m in funding from a syndicate of blue-chip investors.
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UK government promises disabled air passengers better safeguards
Despite recent progress, almost a fifth of air travellers with disabilities are still dissatisfied with their experience Disabled passengers will have better safeguards when flying, the government has pledged, including…
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Charities 'busier than ever' with furniture poverty
Charities in Hampshire tell the BBC that furniture poverty is becoming an increasing problem.
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‘We’re living in darkness’: six years of scaffolding, still no post-Grenfell cladding
Building safety regulator delays leave London tower block beset by security and vandalism problems It’s a sunny day with bright blue skies in north London, but you wouldn’t know that in Natasha Dyett’s flat. Most of the…
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The housing crisis is now global. It shows just how undemocratic our nations have become | Leilani Farha
When we can’t even afford to rent or buy somewhere to live, we have to ask: did we give the financial sector too much power? Leilani Farha is the former UN special rapporteur on adequate housing In the summer of 2021, I…
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Revealed: African island fights offshore gambling network linked to UK family
London-based property investors deny selling licences to casinos claiming to be based on Anjouan, a tiny Indian Ocean island The island of Anjouan, rising out of the Indian Ocean between Mozambique and Madagascar, is a…
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‘No influencers’: the hotels, restaurants and beauty spots restricting photoshoots
Backlash against content creators includes restricted hours for filming and even outright bans Stand in any vaguely photogenic spot these days on holiday and the chances are you will come across people posing with raise…
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Andy Burnham launches campaign against ‘headphone dodgers’ on public transport
Passengers urged to ‘share the carriage, not the noise’ as guidance sets out £100 penalties for nuisance behaviour Andy Burnham has announced a crackdown on “headphone dodgers” who play loud music on public transport, a…
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Electricity costs put UK steelmakers in worst position in three years against EU rivals
Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group finds British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli…
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