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UK companies, markets, jobs, trade, consumer confidence and regional economic signals.

Qualcomm to cut jobs worldwide in performance‑focused layoffs

Qualcomm to cut jobs worldwide in performance‑focused layoffs

Qualcomm is preparing a worldwide workforce reduction following its annual employee review cycle. The cuts come as the chipmaker navigates rising memory prices and declining traditional smartphone sales.

Business ·20 Oct 2026, 18:11 ·Maeve Turner 3 min read
Flutter cuts 1,400 jobs and blames UK gambling tax rises

Flutter cuts 1,400 jobs and blames UK gambling tax rises

Betting giant Flutter Entertainment is cutting up to 1,400 jobs across its UK and Ireland division following substantial gambling tax increases.

Business ·20 Oct 2026, 16:13 ·Maeve Turner 3 min read
HSBC CEO Says Alternative Routes Could Make Strait of Hormuz 'Redundant' in Five Years

HSBC CEO Says Alternative Routes Could Make Strait of Hormuz 'Redundant' in Five Years

HSBC Group CEO Georges Elhedery warns that ongoing regional conflict will drive Gulf states to develop alternative pipelines and ports, bypassing the Strait of Hormuz within five years.

Business ·20 Oct 2026, 14:45 ·Maeve Turner 3 min read
Made-In-India Suzuki eVitara Scores 4 Star Safety Rating In Japan NCAP

Made-In-India Suzuki eVitara Scores 4 Star Safety Rating In Japan NCAP

Manufactured at Suzuki's Gujarat plant, the made-in-India Suzuki eVitara has secured a four-star safety rating in Japan NCAP evaluations.

Business ·20 Oct 2026, 12:45 ·Maeve Turner 3 min read
US Orders DeepSeek Removed From Federal Government Systems

US Orders DeepSeek Removed From Federal Government Systems

Civilian U.S. Government agencies must remove Chinese AI startup DeepSeek from their IT systems due to national security concerns.

Business ·20 Oct 2026, 10:33 ·Maeve Turner 3 min read
Job vacancies fall as small firms cut back on recruitment

Job vacancies fall as small firms cut back on recruitment

UK job vacancies suffered their largest fall since the start of the year, dropping to a five-year low as businesses reined in recruitment amid surging operating costs.

Business ·20 Oct 2026, 07:38 ·Maeve Turner 3 min read
Melbourne begins construction on 12 billion dollar airport rail link

Melbourne begins construction on 12 billion dollar airport rail link

Melbourne has officially commenced construction on a long-awaited airport rail link and massive terminal upgrades to tackle surging passenger demand and population growth.

Business ·20 Oct 2026, 04:45 ·Maeve Turner 3 min read
French bond sell-off spreads across Europe

French bond sell-off spreads across Europe

Escalating riots and protests in France have driven up government borrowing costs, sending shockwaves and contagion fears across European financial markets.

Business ·20 Oct 2026, 01:38 ·Maeve Turner 5 min read
Ex-OpenAI employee accused of planting device appears to have Saudi backing

Ex-OpenAI employee accused of planting device appears to have Saudi backing

Federal prosecutors revealed that an ex-OpenAI engineer accused of planting a recording device in an executive conference room received support from the Saudi government.

Business ·20 Oct 2026, 00:38 ·Maeve Turner 3 min read
Elon Musk says he'll give a SpaceX share to every child in America next year

Elon Musk says he'll give a SpaceX share to every child in America next year

Elon Musk announced plans to distribute a SpaceX share to every child in the United States, an estimated $10.5 billion giveaway that currently lacks logistical details.

Business ·20 Oct 2026, 00:05 ·Maeve Turner 5 min read
Roblox Is Now Down 38% in 2026: Is RBLX Stock Dead Money or Poised for a Comeback

Roblox Is Now Down 38% in 2026: Is RBLX Stock Dead Money or Poised for a Comeback

Roblox shares have tumbled 38% in 2026 to $50.41 amid a Wall Street downgrade, slowing bookings, and a child exploitation lawsuit.

Business ·19 Oct 2026, 22:38 ·Maeve Turner 3 min read
SEC proposal: expanded accredited investor eligibility for natural persons

SEC proposal: expanded accredited investor eligibility for natural persons

The SEC has proposed an overhaul of private market regulations, introducing professional credentials and a FINRA exam to expand accredited investor eligibility.

Business ·19 Oct 2026, 21:37 ·Maeve Turner 3 min read
Nasdaq and S&P 500 rebound as AI stocks recover ahead of corporate earnings

Nasdaq and S&P 500 rebound as AI stocks recover ahead of corporate earnings

Wall Street indices staged a decisive recovery as artificial intelligence and semiconductor stocks bounced back from a steep selloff ahead of corporate earnings.

Business ·19 Oct 2026, 20:44 ·Maeve Turner 4 min read
Elon Musk says he's giving SpaceX stock to every kid in America

Elon Musk says he's giving SpaceX stock to every kid in America

SpaceX CEO Elon Musk has announced plans to give one company share to every child in the United States, with the distribution set to begin next year.

Business ·19 Oct 2026, 19:40 ·Maeve Turner 3 min read
Donnie Wahlberg uninjured after private jet skids off Las Vegas runway

Donnie Wahlberg uninjured after private jet skids off Las Vegas runway

Actor Donnie Wahlberg and his entourage escaped uninjured after a private jet carrying eight people crashed into a perimeter fence during an aborted takeoff in Las Vegas.

Business ·19 Oct 2026, 17:48 ·Maeve Turner 3 min read
ESMA final report on guarantees as CCP collateral and investment policy

ESMA final report on guarantees as CCP collateral and investment policy

ESMA released its final report amending Commission Delegated Regulation 153/2013 regarding CCP collateral, covering public and commercial bank guarantees.

Business ·19 Oct 2026, 15:48 ·Maeve Turner 3 min read
Uber wins bid to dismiss £340m London black cab lawsuit

Uber wins bid to dismiss £340m London black cab lawsuit

London's High Court has dismissed £340 million in lawsuits against Uber brought by black cab drivers and former minicab firms after ruling the claims were filed too late.

Business ·19 Oct 2026, 14:36 ·Maeve Turner 3 min read
Nasdaq futures gain as investors buy the dip in the AI trade

Nasdaq futures gain as investors buy the dip in the AI trade

Stock futures rebounded on Sunday night as traders cautiously dipped a toe back in following last week's rout in shares linked to the artificial intelligence trend.

Business ·19 Oct 2026, 04:09 ·Maeve Turner 4 min read
Anthropic pledges 5% of shares to public benefit fund

Anthropic pledges 5% of shares to public benefit fund

Anthropic has announced plans to commit 5% of its shares to a newly created public-benefit fund, establishing a structural safeguard ahead of its upcoming IPO.

Business ·19 Oct 2026, 03:04 ·Maeve Turner 5 min read
Home sellers cut asking prices on 3,000 properties a day - BBC

Home sellers cut asking prices on 3,000 properties a day - BBC

British property sellers are cutting asking prices on over 3,000 homes daily, marking a 15-year high as high mortgage costs cool the property market.

Business ·19 Oct 2026, 02:13 ·Maeve Turner 4 min read