United Kingdom
Britain closes Israeli consulate in Jerusalem over settlement bans
The UK announced trade bans on goods from West Bank settlements while Israel ordered the shutdown of its diplomatic mission in Jerusalem.
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UK airlines demand NATS executive resignation after 2,000 flight cancellations
European carriers are pressuring NATS CEO Martin Rolfe to step down following a system outage that grounded flights and caused millions in losses.
JP Morgan CEO Jamie Dimon to warn UK chancellor against bank tax hike in October budget
Jamie Dimon will meet John Healey on Wednesday to caution that increased levies risk damaging UK investment and employment.
UK sells £4.25 billion of 30-year gilts at record yield of 5.8168%
The UK sold a record £4.25 billion in government bonds at a historic high yield, signaling rising borrowing costs despite strong investor demand for the debt.
Top Stories
Xero apologizes for sponsored Instagram post promoting AI accountant replacement
Turkey raises inflation forecast to 28.4% citing Middle East war impact
Bank of England's Huw Pill supports early rate hike to curb inflation risk
Jaguar Land Rover cuts 4,000 jobs as it aims for £300,000 annual break-even
Central Banks
Andrew Bailey warns populism endangers central bank independence
More Central Banks →Commodities & Energy
UK Petrol Prices Rise to Highest Level Since the Iran War Started
- UK sells £4.25 billion of 30-year gilts at record yield of 5.8168%
- UK approved Jackdaw gas field to supply up to 6% of peak demand, approval expected by mid-September
- HSBC raises S&P 500 price target to $90 per Brent barrel by 2026 amid rising oil costs
Crypto
British Investors Recover $4.5 Million in Lost Bitcoin Wallets Linked to Former Intersango Users
More Crypto →Deals
Half Premier League clubs face losing lucrative deals if unlicensed gambling banned
- Tickets for Good raises €4.5 million to expand internationally and create jobs in Sheffield
- Revolut allows CEO to borrow up to $250 million against his shares
- UK lends US$541 million to Tropical Forest Fund
- Saudi Arabia and 7 Muslim Nations Back UK Ban on Israeli Settlement Goods
Earnings
British chip maker IQE reports first-half core profit of £6 million, guided for AI data centre growth
More Earnings →Economy
UK Treasury pays 5.82% on £4bn bond, highest rate since 1998
More Economy →Markets
JP Morgan CEO Jamie Dimon to warn UK chancellor against bank tax hike in October budget
- Bond yields surge to levels not seen in decades, buyer base shrinking structurally
- IEX shares rise 2% after electricity trading volume hits record high of 13,938 MUs in August 2026
- UK mortgage rates set for increase after swap rates hit three-year high above 4.52%
Policy & Regulation
Saudi market valuation exceeds $2.5 trillion as global trade activity surges
- Grindr agrees to pay £26 million in settlement over UK privacy claims
- UK To Force Apple and Google to Block Explicit Images on Children’s Smartphones
- UK health minister reviews potential axe of £330m Palantir contract
- UK Chancellor John Healey vows growth focus in first major speech
- Chancellor John Healey launches £150m fund for northern UK firms
Business
HMRC to pay £70 pension top-up to 1 million low earners
- Jaguar Land Rover to cut 4,000 jobs over two years while targeting £1.7 billion savings
- Volkswagen approves £50,000 job cuts to reach 100,000 total reductions by 2030
- British police open criminal investigation into Reform UK foreign donation allegations