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  • Healey promises ‘reduction’ in welfare spending before election

    October 29, 2026

    John Healey has promised there will be a “reduction” in the welfare bill before the next election despite the Budget not addressing huge payments on benefits and pensions.  Healey told broadcasters on Thursday morning that the government was “ready to take some pretty tough decisions” to rein in spending although he echoed his predecessors in [...]

  • Fluidra Delivers a Strong Nine-month Performance

    October 29, 2026

    Sales increased by 4% at constant FX to €1,780 million, supported by resilient aftermarket demand and good execution, outperforming the market Adjusted EBITDA grew by 6% at constant FX to €428 million, with €23 million of savings from the efficiency plan supporting profitability Fluidra is confident in delivering full-year guidance - narrows range The company continues to execute its strategy while strengthening its global platform to deliver value

  • AB InBev Reports Third Quarter 2026 Results

    October 29, 2026

    Solid top- and bottom-line performance with volume growth, revenue up 4.9% and Underlying EPS up 22%

  • Budget 2026: Four OBR forecasts lay bare Britain’s fiscal vulnerability

    October 29, 2026

    If you’re in a good mood, why not consider ruining it by reading this week’s OBR report. The fiscal watchdog paints a bleak picture of the health of the British economy and the public finances over the rest of this Parliament – one in which the UK is in a steady state of decline, funding [...]

  • Autumn Budget 2026: ‘Steady as she goes’ is no good when the economy’s adrift

    October 29, 2026

    John Healey avoided several icebergs but there are nasty storms on the horizon, says William Nixon The Chancellor opened his speech by claiming the Budget would help “steer” the UK’s economy through “global economic storms”. He can be commended for avoiding the twin icebergs of major new tax hikes and pre-Budget speculation that sank Rachel [...]

  • ‘Smoke and mirrors’: Why high street still faces a £250m tax hike under Healey

    October 29, 2026

    Andy Burnham propelled himself to Downing Street by pledging a revival of Britain’s struggling high streets. Felix Armstrong asks: has John Healey delivered it? Among the sectors clamouring for John Healey’s attention ahead of his maiden Budget, none were louder than those calling for the government to revitalise Britain’s ailing high street retailers. Shuttered shops, [...]

  • EIG and Acwa Announce Plenum Power, a Strategic Partnership to Invest in U.S. Power Infrastructure

    October 29, 2026

    Partnership combines EIG’s platform-building, investment and financing expertise with Acwa’s large-scale power development and operating capabilities and is targeting a launch with approximately $4 billion of initial equity commitment

  • A breathing space Budget? This is asphyxiation

    October 29, 2026

    If there were treats in John Healey’s pre-Halloween Budget they were hidden in a gloopy soup of tricks. Forget the talk about a low-key, ‘do no harm’ fiscal event; the Chancellor has delivered a mess of new interventions, subsidies, tax rises, quangos and complications against a backdrop of truly terrifying economic forecasts. Let’s start with [...]

  • Healey’s Budget spoiled by ‘grim’ living standards squeeze

    October 29, 2026

    Britain is trapped in a “grim” decade of stagnant living standards, the budget watchdog has said, after John Healey kicked some of the government’s toughest spending decisions on defence and welfare into next year.  The government’s fiscal watchdog said that families are about to see household income drop as a result of the country’s rising [...]

  • Healey avoids bond market backlash with ‘placeholder Budget’

    October 28, 2026

    John Healey has managed to avoid punishment at the hands of the bond market through a “placeholder Budget” that delayed big decisions on defence and welfare and left questions hanging over the government’s future spending plans. The Chancellor announced a raft of cost of living measures as part of his fiscal statement, funded by taxes [...]

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