Benefits and pensions for foreign nationals ‘cost £23bn’ October 14, 2026 Spending on benefits and pensions for foreign nationals totalled about £23bn in 2025, according to a leading think tank, amid calls for a rethink on the impcat of immigration and the welfare system. The Centre for Social Justice estimated that the UK government spent about £23bn on benefits, pensions and child-related support for non-British nationals [...]
Banks of England chief economist ‘sceptical’ of markets’ interest rate expectations October 14, 2026 The Bank of England is unlikely to vote for the four interest-rate hikes forecast by financial markets, according to its chief economist, who added the central bank should have raised rates in the early stages of the Iran war. Huw Pill, who has the most hawkish track record on the Monetary Policy Committee, played down [...]
Sport media rights value defies worries to hit record $66bn in 2026 October 14, 2026 Sports media rights values hit record levels this year and are forecast to continue defying warnings of the bubble bursting, according to a new report. The World Cup and bumper new agreements for the NBA and UFC drove the total aggregate value – the main revenue source for all major sports – from $62.4bn in [...]
Business feels ‘beaten up’, Burnham ally says October 14, 2026 Lord Jim O’Neill, one of Andy Burnham’s closest allies, has warned businesses feel “beaten up” by government as he urged the Prime Minister to spare British companies from another punishing raid at the Budget. Speaking to a group of MPs at the Treasury Select Committee, O’Neill doubled down on his opposition to capital gains tax [...]
‘It’s hard to call the peak’: Wall Street banks land $22bn trading haul October 14, 2026 Traders at Wall Street’s biggest banks kept their blockbuster winning streak alive in the third-quarter as they made hay on volatility triggered by the war in Iran and swinging AI stocks. Equity trading divisions at the big six US banks – JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and Wells Fargo – [...]
Burnham complains Jackdaw and Rosebank approval delayed by ‘government process’ October 14, 2026 Approval for more oil and gas drilling at the North Sea sites Jackdaw and Rosebank have been delayed by “government process” and lengthy bureaucratic wrangling, Prime Minister Andy Burnham has said. Burnham told MPs that he would take a “pragmatic approach” on oil and gas drilling amid calls from energy bosses for drilling to go [...]
Toluna Appoints Amy Fenton as Chief Executive Officer October 14, 2026 Appointment completes the planned succession announced on October 8, 2026. Founder Frédéric Charles Petit continues as Board member, Senior Advisor and Shareholder.
Telekom Srbija Group Expands AI Investment and Strengthens U.S. Technology Partnerships October 14, 2026 Leading Southeast European Telecommunications and Technology Group Advances AI Innovation Through International Collaboration, Startup Investments and 5G Infrastructure.
MCO (MyComplianceOffice) Applies Employee Trading Oversight to Prediction Markets and Expands Communications Compliance Coverage October 14, 2026 New prediction market and eComms capabilities help firms connect communications, trading and employee risk
Wolters Kluwer names Alberto de Benito Aznar General Manager of Audit & Assurance October 14, 2026 Experienced Wolters Kluwer executive returns to the business as it expands its integrated assurance platform and advances its AI strategy