Business / Finance
Number of UK businesses in financial distress ‘at two-decade high’
Administrator BTG says 738,144 firms struggling as calls grow for more support for private sector in budgetThe number of UK businesses in financial distress has hit its highest le…
Anthropic’s IPO filing lifts stocks across Asia—except for China
South Korea's KOSPI rose 3.1%, while Japan's Nikkei 225 jumped by 1.7%. Markets in Hong Kong and mainland China fell.
An AI label alone no longer wins lenders, JPMorgan says
As default insurance on several AI-linked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash, JPMorgan says.
Binance files for Brazil crypto license ahead of Friday deadline
The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services.
Solana bug reports now cost 1 SOL as AI floods security teams with spam
Researchers must now permanently burn 1 SOL for every submission after a monthlong contest drew 809 reports, with AI believed to have helped generate or write nearly all of them.
HSBC profits surge 32%, sparking fresh calls for bank taxes in the budget – business live
Rolling coverage of the latest economic and financial newsHSBC has also been asked about the impact of AI on the jobs market, after rival Barclays announced 5,000 job cuts last we…
Bitcoin ETFs claw back $110M after $774M exit
US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound.
Major Chinese brands drop Mbappé as backlash grows over Mao joke
He allegedly said his "favourite meme" is "the one where they put my face on a Chinese dictator".
Ethereum fixes Glamsterdam bug that could have sent staking deposits to builders
Developers initially rejected the change before reversing course, as testing delays gave them more time to examine a flaw in Ethereum's upcoming Glamsterdam upgrade.
Billionaire Uber cofounder Travis Kalanick moved to Texas—dodging a possible $180 million hit from California’s billionaire tax
Kalanick has owned a Lake Austin home for five years. He made it his primary residence two weeks before California’s proposed wealth tax would have applied to him.
Meet Wizz Air’s CEO—his father was jailed under Soviet rule. Now, he’s on $4.4 million a year and would ‘rather keep building than sit on a beach’
Fired from Hungary's national airline, József Váradi founded the rival, Wizz Air. Now, he flies 800 hours a year and refuses to retire.
UK government met 137 businesses over AI datacentres – but no environmental groups
Investigation finds dozens of ministers and civil servants moved into AI roles as government developed datacentre expansion plansThe UK’s policy on datacentres and AI was develope…
Anthropic’s S-1, by the numbers: A thriving business—with a $441 billion asterisk
Anthropic's business is booming. But so are its commitments.
How is P&G’s CEO getting inflation-weary shoppers to pay more? It starts with cashmere-like diapers
A new diaper line is on track for $100 million in annual sales and is a model for P&G’s push to win over a split consumer.
Rise in sales of radios and tinned foods, say retailers, after call to stock up
Figures obtained by BBC Newsnight show large spikes in sales of torches, radios and power banks.
Kylian Mbappé dropped by Chinese brands for ‘offending national sentiments’
Video appears to show football star refer to Mao Zedong as a ‘dictator’Dongpeng Beverage and Mengniu end deals with France captainKylian Mbappé was dropped Tuesday by two major br…
Will the Budget pass Burnham's Makerfield test?
People in the prime minister's constituency say rising costs are squeezing household finances.
Budget hopes for struggling first-time buyers
Aspiring homeowners say rent, rising costs and house prices are delaying plans to buy.
Zcash co-founder proposes ending grants funding, citing $125 million treasury
Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already received.
Budget 2026: 'Surrey is a lovely place - but it can be stressful'
Ahead of the Budget, residents tell BBC Radio Surrey their experiences of the cost-of living crisis.
Donald Trump's biggest economic problem looks strangely familiar
Donald Trump heads into the US midterm elections with an issue similar to his political foe Joe Biden.
Landowners could scupper free Land Registry access plans, campaigners warn
Proposed lifting of paywall would reveal who owns vast majority of land in England and WalesPlans by the government to give the public free access for the first time to informatio…
‘It’s a better experience’: shoppers praise Oxford Street pedestrianisation
Many punters say inconvenience of bus rerouting is small price to pay for more space, but not everyone is happyTo the east of Oxford Circus, there is chaos. A steady stream of red…
My advice for Burnham’s first budget? Hit the banks – and hit them hard | Polly Toynbee
Bankers have barely begun to repay the billions they cost the country after 2008. In this PM they may have met their matchVibes matter. We live by how we feel – an idea that ortho…