Banking & Finance
Kraft Heinz investor day: 2029 return goal, flat 2027 first
Kraft Heinz investor day sets a 2029 double-digit shareholder return goal but warns 2027 organic sales will stay flat until growth resumes.
Financial News: UK and global finance, markets and business news
Banking & Finance
Eli Lilly wins China approval for weight-loss pill orforglipron
China weight-loss pill approval for Eli Lilly's orforglipron puts it ahead of Novo Nordisk, Pfizer and Innovent in…
UK News
Government delays footballers’ image rights tax change by a year, still worth £45m
HM Revenue & Customs says image rights payments tied to employment will be taxed as wages from 6…
UK News
Treasury proposes credit union members who move away can still refer relatives
Ministers announced at the Financial Services and Markets Bill second reading a change that…
Banking & Finance
Ofcom Fines Meta £596,700 Over WhatsApp Business Data Errors
Ofcom fines Meta £596,700 over repeated inaccuracies in WhatsApp Business data, a penalty dwarfed by the…
Business
MSFT Stock at $521: Why Microsoft Is Spending $117 Billion and Still Losing Ground to Its Own Partners
There is a moment that perfectly encapsulates Microsoft's peculiar current situation. Claude Sheets, Whiteboards, and Data…
Markets
BE Stock Surges 13% in One Day — Is Bloom Energy the Quiet Winner of the AI Power Race?
On November 11, Bloom Energy had an amazing session. The San Jose-based fuel cell manufacturer's shares…
UK News
UK gross reserves fall $5.9bn to $220.0bn with no intervention in October
UK government gross reserves fell to $220.0bn in October and Bank of England gross holdings dropped…
The Briefing
All newsEssential reads from the newsroom, in brief.
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Burnham plans law forcing all employers to publish pay on job adverts
The Prime Minister says employers will have to state salaries on job adverts by law, with…
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IAG nine-month pre-tax profit falls 15.8% as fuel bill rises 18.6%
British Airways owner IAG reported nine-month pre-tax profit of €3,045m, down 15.8%, as fuel costs climbed,…
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HMRC raises late payment interest to 8% after Bank Rate rise to 4%
HMRC late payment interest rises to 8.00% from 7.75% and repayment interest to 3.00% from 2.75%,…
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Survey shows market participants expect Bank Rate at 4.25% in a year
Market participants polled by the Bank of England see Bank Rate at 4.25% a year ahead,…
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Asos swings to £93.5m operating profit as cyber incident trims trading by 2% to 4%
Asos reported a £93.5m operating profit for FY26 against a £212.3m loss a year earlier, and…
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Markets
| Instrument | Price | Change |
|---|---|---|
| FTSE 100 | 10,872.20 | +0.34% |
| S&P 500 | 7,619.38 | +1.31% |
| GBP/USD | 1.3261 | -0.66% |
| EUR/USD | 1.1084 | -0.76% |
| Brent | $92.21 | -0.59% |
| Gold | $3,945.10 | -1.38% |
| Bitcoin | $72,774 | -1.61% |
Prices delayed. Updated 12:42 UK time
Banking & Finance
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Dole cuts full-year profit outlook after Q3 earnings miss
Dole plc cut its full-year profit outlook on 9 November 2026 after a Q3 EPS miss, citing fuel costs, shipping and weather losses.
Markets
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Economy
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Government presses on with HMRC bank deductions for tax debts up to £5,000
HMRC would take regular instalments from bank accounts for lower value tax debts, with draft legislation due in Summer 2027 after consultation.
Business
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Crypto
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Phong Le’s Strategy Bitcoin Trade: Sell at $60K, Buy Back at $80K, Call It a Win
The trade seems like something you would joke about at a dinner party on its face. Sell about…
Property
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UK Fixed Rate Mortgage Increases Hit a Three-Year High — and Millions of Homeowners Are Running Out of Time
There is a specific type of financial anxiety that develops covertly. Standing in a kitchen on a Tuesday…
Legal
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Houston Unauthorized Tax Preparer Conviction: How One Woman Built Two Frauds Into a Single Federal Case
Inflated deductions, fictitious businesses, and misreported income are common patterns in tax fraud cases. The Levi Casildo Castro…
Careers
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Peter Thiel Artificial Intelligence Investment Just Shifted — and It’s Not What Anyone Expected
Peter Thiel is known for his early insights. When Facebook was still a college networking site, he was…
Technology
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CMA names new subcommittee member on Google mobile case after steering consultation
The CMA said Katie Kapernaros joined its Google mobile platform subcommittee in August, replacing Martin Coleman, after responses…
AI
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Meta and Nvidia Partnership: The $3 Billion Deal That Changes How AI Gets Built and Who Pays for It
In one version of this narrative, Nvidia is just a chip manufacturer catering to its largest clientele. It's…
