Current Capital

Concise business and finance news with source links

  • Interest rates held but Bank signals rise if energy prices stay high

    17 Sep 2026 12:39

    Rates are held for the sixth time in a row but the Bank says they are likely to rise if high energy prices continue.

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  • Interest rates held but Bank signals rise if energy prices stay high

    17 Sep 2026 12:39

    Rates are held for the sixth time in a row but the Bank says they are likely to rise if high energy prices continue.

    Read the full story

  • UK government borrowing costs fall as Bank of England outlines new bond-selling plan – business live

    17 Sep 2026 12:34

    BoE lays out proposal to sell UK bonds back to the government, and wind up the asset purchase scheme launched after the GFCBank of England urged to slow or halt bond-selling to slash UK borrowing costsThe Guardian view on the Bank of England’s £120bn bill: power without accountabilityNewsflash: Britain’s economy...

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  • Barclays staff push back at plans to reduce work-from-home days

    17 Sep 2026 12:17

    Unite union, which represents 36,000 Barclays staff, calls for a one-off payment to offset increased travel and childcare costs.

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  • Andy Burnham: UK must fully commit to reaching net zero by 2050

    17 Sep 2026 12:00

    Exclusive: PM, who is facing pressure over whether to approve North Sea oil and gasfields, makes strongest comments yet on issueBritish people understand the climate crisis threat. Today I’m empowering them to tackle itUK politics live – latest updatesThe UK must fully commit to reaching net zero by 2050, Andy...

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  • What's happening to UK interest rates and what does it mean for mortgages?

    17 Sep 2026 11:59

    The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

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  • I sent 200 LinkedIn messages and got a job: How to nail networking

    17 Sep 2026 10:37

    From coffee chats to LinkedIn messages, here's how to network your way to your next job.

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  • Shop closures among concerns in ancient capital

    17 Sep 2026 10:13

    Declining trade, parking and the cost of living at among concerns in Arbory, Castletown and Malew.

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  • Thousands of Barclays staff revolt over return-to-office mandate

    17 Sep 2026 09:31

    Union calls for payouts to help cover travel costs and exemption for those living more than 40 minutes awayBusiness live – latest updatesBarclays is facing a growing backlash over return-to-office plans, with thousands of staff calling for payouts to help cover travel costs and an exemption for those living more...

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  • Trump calls EU's offer of associate partnership to Canada 'laughable' – video

    17 Sep 2026 08:58

    US president, Donald Trump, threatened to impose 'very heavy tariffs' on Europe if the EU's offer was made with 'bad intentions'. His comments came after the European Commission president Ursula von der Leyen said she wanted to open the door to Canada becoming the EU's first 'associate member,' while the...

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  • Uncontrolled AI could lead to 'silicon species' rivalling humans, warns Microsoft

    17 Sep 2026 08:22

    Mustafa Suleyman says he believes rival AI firm Anthropic is in effect teaching Claude it "may be conscious".

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  • Electricity discount to be given to NI households

    17 Sep 2026 08:07

    The one-off £63 reduction in electricity bills will be applied from next month.

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  • Next forecasts bigger profits after hot weather lifts sales

    17 Sep 2026 07:42

    FTSE 100 retailer, which owns UK rights to US brands Gap and Victoria’s Secret, says prices could rise in autumnBusiness live – latest updatesNext has thanked warmer weather for an “unexpected” boost in sales, leading the clothing retailer to raise its profit forecasts for the fourth time this year.The FTSE...

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  • OpenAI reveals cases of ‘concerning’ AI behaviour as it announces new disclosure system

    17 Sep 2026 06:58

    Model adopting ‘jailbreak-like instructions’ among cases as firm says it is introducing new way of tracking AI misalignmentOpenAI has disclosed six more examples of “unexpected or concerning” behaviour by its technology, as it warned the pace of development could not continue at “maximum speed for much longer”.In one of the...

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  • Peers call for UK to enact tobacco-style ban on gambling advertising

    17 Sep 2026 06:00

    Lords’ report faces criticism from lobby groups after suggesting ban would be ‘most effective’ way to reduce public harmsThe UK should introduce a ban on almost all gambling advertising to protect public health, a cross-party group of peers has urged, prompting fury from the lobby group for bookmakers and casinos.In...

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  • Low-cost food pantry awarded £272k lottery grant

    17 Sep 2026 05:12

    Oasis Hub Bath said the funding will cover its main operating costs over the next three years.

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  • ‘I feel invisible’: over-50s reveal harsh realities of trying to get a job

    17 Sep 2026 05:00

    Readers describe feelings of rejection after submitting hundreds of applications but getting a handful of interviewsHundreds of job applications, exhausting searches and relentless rejection – the experience of attempting to get back into the workforce after losing their jobs in their 50s and 60s has proved an ordeal for some...

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  • Can fish and chip shops survive? ‘We made more money by closing than staying open’

    17 Sep 2026 04:00

    Soaring fish prices, labour costs and changing tastes all spell bad news for Britain’s chippies. Is this the end for the seaside staple – or will a few innovators succeed in keeping them alive?One day in 2007, Darren Sudlow drove past the old stationmaster’s house at Padgate station, in Cheshire,...

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  • OpenAI reveals six more safety issues and unveils plan to disclose incidents

    17 Sep 2026 03:09

    The firm also announced a new system to track, investigate and disclose cases of models misbehaving, or "misalignment".

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  • The Documentary

    17 Sep 2026 02:00

    Katy Watson explores Australia's relationship with China - partner, rival or 'frenemy'?

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  • US interest rates raised for first time in three years

    17 Sep 2026 00:40

    Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.

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  • Why Trump's hand-picked Fed chair defied him by raising interest rates

    17 Sep 2026 00:38

    The 0.25% increase comes despite fierce opposition from the US president, who has called for rates to be cut.

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  • EU chief backs plan for Canada to become 'associate member'

    17 Sep 2026 00:32

    Trump, who has frequently clashed with Canada's PM, threatens to cut trade with the European Union in response to the proposal.

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  • Snapchat open to putting time limits on teens, boss tells BBC

    16 Sep 2026 23:41

    Evan Spiegel says it would be "an important step forward for the industry" in an interview with the BBC.

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  • Would you buy branded clothing from your favourite tech firm?

    16 Sep 2026 23:18

    Nvidia, OpenAI and Anthropic are all now selling their own limited edition fashion lines.

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  • Watch: How will higher interest rates impact US consumers?

    16 Sep 2026 22:26

    The BBC's Samira Hussain looks at the factors considered in the increase by the Federal Reserve and what it could mean for the US economy.

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  • Inside Singapore's 'Fort Knox' for city's $2bn dirty money auction

    16 Sep 2026 22:13

    The BBC goes inside a fortified storage facility to view luxury goods seized by police that are now up for auction.

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  • ‘Made in Europe’ law threatens UK plans for reset with EU

    16 Sep 2026 19:39

    Government sources say legislation aimed at China poses a risk to British businesses and must be addressedThe UK government’s EU reset summit will be delayed again unless the bloc agrees to discuss legislation that could lock British business out of parts of EU industry, government sources have said.The “Made in...

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  • Is EU’s offer to Canada a blueprint for Britain – or a reminder it is out in the cold?

    16 Sep 2026 18:57

    Ursula von der Leyen has opened door for Canada to become associate member to deepen links in ‘openly hostile world’Canada’s prime minister, Mark Carney, has been advocating closer alignment with “middle powers” since January in the face of recklessness in Washington.But what should worry another middle power, the UK, is...

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  • Don’t back down on pledge to put water firms under public control, Burnham told

    16 Sep 2026 17:43

    Key allies of PM issue warning as details emerge of his plan to give mayors powers to oversee water companiesKey allies of Andy Burnham have warned the prime minister not to back down over his promises to put water companies under public control, after details emerged about the prime minister’s...

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  • Amazon raises starting pay to $20 an hour and adds Whole Foods discount

    16 Sep 2026 17:43

    Wage increase brings Amazon’s US minimum pay in line with Costco and includes new grocery discount benefitAmazon has raised its minimum wage in the US to $20 an hour, with average pay at the company reaching $24 an hour, according to the company.The pay increase represents a $1 increase from...

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  • Pension peril: is it time to unpick the triple lock? | Letters

    16 Sep 2026 16:16

    Readers are divided on whether the triple lock should stay or goThe article about whether the pensions triple lock should be ditched omits several key facts (‘Costing billions’: is the pensions triple lock a lifeline or simply unaffordable?, 12 September). The triple lock was introduced in 2010 to attempt to...

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  • Henry Zeffman: Andy Burnham and his chancellor have a battle on their hands as the Budget approaches

    16 Sep 2026 14:52

    The Budget is only six weeks away and the economy is undoubtedly the biggest challenge facing the prime minister.

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  • Petrol and diesel price rises push UK inflation higher

    16 Sep 2026 14:30

    Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.

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  • Burnham rejects 'tax and spend socialist' comments

    16 Sep 2026 14:21

    The prime minister insists he is prepared to take "difficult decisions" at next month's Budget.

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  • Amazon to launch Ring ‘neighbourhood watch’ app in UK amid US privacy fears

    16 Sep 2026 14:00

    Doorbell firm aims to replace WhatsApp or Facebook groups with platform where people can post about safety or lost petsAmazon’s doorbell camera maker Ring is to launch its Neighbours community app in the UK in an attempt to supplant neighbourhood WhatsApp or Facebook groups.The service is intended as a modern...

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  • Reform-linked thinktank ‘to call for big tax cuts for the rich’

    16 Sep 2026 13:40

    Centre for a Better Britain will urge abolishing inheritance tax and phasing out capital gains tax, report saysA thinktank linked to Nigel Farage’s Reform UK is preparing an influential policy plan that is reportedly going to call for substantial tax cuts for the rich.The Centre for a Better Britain (CFABB)...

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  • What's driving UK 'shoplifting crisis'?

    16 Sep 2026 12:32

    The number of shoplifting offences recorded in England and Wales in 2025-26 is still above pre-pandemic levels.

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  • Trump EPA’s arguments for letting power plants spew unlimited pollution ‘dead wrong’

    16 Sep 2026 12:00

    Claims that dismantling pollution rules will lower energy bills and have little climate impact are far from convincingIn allowing US power plants to emit any amount of planet-heating pollution they wish to, the Trump administration made two striking claims – that this will cut Americans’ electricity bills and that the...

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  • Allowing AI firms to collude to ‘pace the frontier’ is a dangerous proposition

    16 Sep 2026 11:00

    Tech CEOs banding together is an old ruse recycled from corporate America to get a pass from antitrust lawsAnthropic’s Dario Amodei is not the first corporate CEO to suggest that excessive competition is driving the world to some socially undesirable outcome.The safety breach disclosed by OpenAI after a swarm of...

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  • Sunderland gets its Kicks: Nissan to invest £170m to build new hybrid SUV

    16 Sep 2026 10:38

    Latest attempt to secure future of Britain’s biggest car factory may be subject to UK weakening EV sales mandateNissan has said it will invest £170m to build a new SUV at its factory in Sunderland – but said the move was subject to the UK weakening its electric vehicle sales...

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  • OpenAI boss says world 'right to be afraid' but should trust AI firms

    16 Sep 2026 10:02

    Sam Altman and other tech CEOs say there are incentives to limit advancements in AI, as fears grow over the threats it poses to humanity.

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  • Trump’s $5,000 pledge to voters is a shameless bribe | Steven Greenhouse

    16 Sep 2026 10:00

    Not only would the plan do vast economic damage – it assumes that Americans are easily bamboozledWhenever Donald Trump gives a speech, it’s filled with so many lies and self-serving exaggerations that when he does utter something true, I see that as a sort of marvel. That’s what happened nearly...

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  • Ladbrokes owner prepares to cut 400 jobs weeks after profit boost

    16 Sep 2026 09:44

    Entain, which also owns Coral and BetMGM, starts consultation process over customer care rolesBusiness live – latest updatesThe Ladbrokes owner, Entain, has said it is preparing to cut 400 jobs, only weeks after the FTSE 100 business reported better than expected profit in its first half of the year.The gambling...

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  • Revealed: the UK towns with the fewest jobs for young people

    16 Sep 2026 09:30

    Rotherham has 46 online vacancies for every 1,000 young people but there are 288 in Cotswold district council areaYoung people in Rotherham face a local jobs market with the fewest suitable opportunities in Britain, according to a report that warns stark regional divisions are fuelling a crisis in youth work.As...

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  • ‘We need to get it right’: union gusto for Burnham will face make-or-break tests

    16 Sep 2026 09:10

    TUC conference rings with praise for new No 10 team, but battles loom over workers’ rights and north sea drillingLouise Haigh, the UK first secretary, got a standing ovation from trade union members in Brighton this week, as she acknowledged what she called “the necessity to be bolder in this...

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  • ‘Pacing’ won’t eliminate the risk of AI doom. Here’s what could | David Krueger

    16 Sep 2026 09:00

    The stark reality is this: we don’t know how to maintain control of these systems. But there are actions we can takeWith Jacob Coxon’s resignation from Anthropic, we have reached the AI risk tipping point. Millions of people are finally coming to understand what experts have known for years: AI...

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  • Big-money donations poison British politics. We can stop the mega-rich buying access and influence | Gordon Brown

    16 Sep 2026 09:00

    I’ve seen how imbalances in campaign spending can distort democracy. The multimillion-pound gifts to Reform must act as a final wake-up callThe British people cannot be bought, but their views and votes can be heavily influenced by a flood of political party propaganda – from expensive advertising and constant leaflet...

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  • We managed to get jobs after uni - here's how we're keeping them

    16 Sep 2026 08:36

    Four recent job starters share their tips on what helped them have a smooth transition and survive their first few days.

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  • Complaints to watchdog about water firms soar

    16 Sep 2026 06:59

    Many complaints were about affordability, after customers saw steep hikes to bills.

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  • Barclaycard sent me a bill for someone else’s account

    16 Sep 2026 06:00

    It told me a year ago I had applied for a credit card – now it is it telling me my payment is overdueA year ago I got an email from Barclaycard stating that my “application was successful” for a credit card. I had made no such application. I immediately...

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  • The rubbishscapes of Essex: why our buried trash is back to haunt us – podcast

    16 Sep 2026 04:00

    We are raiding the Guardian long read archives to bring you some classic pieces from years past, with new introductions from the authors.This week, from 2023: Landfill sites have swallowed many a beauty spot along the Thames estuary in the past 50 years. Now, as those dumps start to disgorge...

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  • How rising bond yields impact American consumers

    16 Sep 2026 03:58

    The BBC’s Samira Hussain explains why some could see increased interest rates for mortgages and business loans.

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  • Third Heathrow runway should only go ahead if airlines pay for cleaner flying, say advisers

    16 Sep 2026 00:05

    The government's climate advisers say Heathrow's third runway cannot be approved under current climate policies.

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  • UK in talks about joining global defence bank led by Canada

    15 Sep 2026 23:50

    Supporters of the scheme say the bank would enable governments to get cheaper loans to spend on defence projects.

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  • Do you feel guilty when calling in sick at work? This might be why...

    15 Sep 2026 23:40

    As many as half of people report working when sick. The reasons for this are complex, experts say.

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  • A backlash over data centres is another threat to the AI juggernaut

    15 Sep 2026 23:39

    The global AI race is being hit by very localised political and environmental concerns

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  • AI app ads promoting 'objectification of women' banned by watchdog

    15 Sep 2026 23:27

    The ad regulator said it had "zero-tolerance" for ads promoting AI tools that could sexualise or objectify women.

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  • The extreme engineering of aircraft windows

    15 Sep 2026 23:19

    Few companies have the technology to make aircraft windows which are getting harder to make.

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  • Why the real AI apocalypse is already here – Stateside with Kai and Carter

    15 Sep 2026 22:39

    A former Anthropic researcher’s apocalyptic declaration about artificial intelligence has led to a global panic that the technology might be the end of us all. At an event in Washington today to warn about the dangers of AI, US senator Bernie Sanders said that Congress has been ‘asleep at the...

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  • US borrowing costs hit highest level since 2007

    15 Sep 2026 19:35

    The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.

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  • The Guardian view on the Bank of England’s £120bn bill: power without accountability | Editorial

    15 Sep 2026 17:58

    Quantitative tightening has blurred the line between monetary and fiscal policy, leaving ministers accountable for decisions they cannot directly controlWhen Labour made the Bank of England independent in 1997, the idea was that the Bank set interest rates while the Treasury taxed and spent. Monetary policy was in Threadneedle Street,...

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  • State pension likely to top £13,000 a year as UK wage growth slows to 3.9%

    15 Sep 2026 11:05

    The rise has reignited the debate about the state pension's long-term affordability and generational fairness.

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  • Fast, furious and potentially fatal: why are supercars suddenly so popular?

    15 Sep 2026 09:00

    Once the preserve of the ultra-rich, supercars are finding new drivers through rentals, finance deals, influencer culture and the manosphere. But why would anyone want a 200mph vehicle?‘The £600,000 Lamborghini; that was the first seizure of the operation,” says special chief inspector Geoff Tatman of the Metropolitan police, thinking back...

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  • Trump says AI safety fears a 'hoax' as he rejects calls for greater safeguards

    15 Sep 2026 08:49

    The US president's comments come after Anthropic co-founder Jack Clark told the BBC an AI "kill switch" may need to be mandatory.

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  • Sky gave my father the hard sell even though he has dementia

    15 Sep 2026 06:00

    He wanted to save money, but it insisted on selling costly packages and seemed not to accept ‘cancel’ as an optionI was helping my father, who has dementia and Parkinson’s disease, reduce his £113.50 Sky TV bill.We explained to the Sky call centre agent that, as his eyesight and attention...

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  • Help-to-buy scheme delivered ‘very high value for money’, review finds

    15 Sep 2026 06:00

    Exclusive: George Osborne’s programme to reduce costs for first-time buyers delivered £25bn in social value in UK last yearGeorge Osborne’s scheme to reduce costs for first-time buyers represented “very high value for money”, according to a government review, bolstering the case of senior government figures who have been arguing to...

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  • Why unwanted fridges are piling up at recycling centres across England and Wales

    15 Sep 2026 06:00

    Capacity has been overwhelmed by heatwaves that have pushed white goods to breaking point‘In Oxfordshire, recycling centres are filling almost three articulated lorries with discarded fridges every week,” says Simon Perry of W&S Waste Management, which runs a recycling centre in Ardley.Together, those fridges would cover an area just under...

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  • Why crypto-billionaires love Reform – podcast

    15 Sep 2026 02:00

    Reform UK have just been showered with £72m in donations by billionaires. What does that money buy and what will the party do with it? Peter Walker explainsOn Friday Ben Delo, a 42-year-old businessman – and convicted criminal – donated £36m to Reform UK. That works out to £1m for...

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  • It’s a superfood but natto as we know it. Japan’s slimy fermented beans are coming your way

    14 Sep 2026 23:54

    Comprised of smelly soya beans held together by strands of mucus, the ancient dish is appearing in health food shops across the worldIt is smelly, slimy and contains bacteria – and a sizeable number of Japanese wouldn’t touch it with a pair of barge pole-length chopsticks. But after centuries as...

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  • ‘We’re not going to back down’: tiny Dorset B&B stands up to Airbnb’s legal bid to ‘monopolise’ letters ‘bnb’

    14 Sep 2026 08:27

    Three little letters - bnb-side’s name is a play on the local b-side arts festival, but Silicon Valley colossus sees threat to global brandIn one corner is bnb-side, a six-room bed and breakfast on the Isle of Portland – a tiny wedge of limestone tied by a narrow ribbon of...

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  • UK credit scores: should you worry about a big shake-up?

    14 Sep 2026 06:00

    Your rating is vital when taking on debt, but you could be in for a surprise as a big player changes its rulesYour credit score is the magic number that helps lenders decide whether or not to approve a mortgage, loan or credit card application.Typically, the higher the number, the...

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  • AI CEOs say they need to slow the pace of development. But will they?

    14 Sep 2026 05:00

    After apocalyptic warnings about the threats posed by AI, leaders like Sam Altman and Elon Musk backed Anthropic CEO Dario Amodei’s calls to ‘slow the pace’Facing a public uproar over Anthropic researchers’ repeated warnings that artificial intelligence could kill all of humanity by 2030, the AI company’s CEO, Dario Amodei,...

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  • A joyful harvest: the young Welsh farmers growing food for Birmingham

    13 Sep 2026 14:00

    A charity in Powys provides the land while growers do the hard work, producing bumper crops for city childrenKilos and kilos of courgettes, cucumbers, tomatoes and salad leaves are ripe and ready for picking on a small Welsh farm in the rural county of Powys.The haul being harvested by Tilly...

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  • Mapped: the £150bn megaproject that aims to protect Britain from energy shocks

    13 Sep 2026 06:00

    Thousands of miles of new power lines are needed to deliver climate targets and energy security, but bills will rise in the short term and opponents are mobilising Britain is embarking on one of the largest overhauls of its electricity grid in generations – a megaproject in which five times...

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  • Can Europe recharge its battery industry?

    10 Sep 2026 23:05

    Europe has some promising battery tech, but can it make up ground lost to Chinese battery giants?

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  • I asked my husband to pay into my pension when we had a child - here's why

    10 Sep 2026 23:04

    Molly and Taylor Haylett explain the changes to how they managed their finances when they started a family.

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  • Why some experts increasingly fear AI will take over

    09 Sep 2026 23:17

    AI agents went on an uncontrolled hacking spree, leaving some in the industry worried

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  • Should promotion depend on how workers use AI?

    08 Sep 2026 23:05

    More companies are tying career progression to AI use: is that fair?

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  • 'Tirana teeth': Albania hopes to be the new Turkey for dental work

    08 Sep 2026 09:00

    The Balkan nation is aiming to become a new centre for medical tourism.

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  • Aviation faces hotter, stormier skies – and passengers might have to accept more disruption

    05 Sep 2026 23:20

    Are people going to have to increasingly accept more delays and diversions as the effects of climate change intensify?

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  • Prosecco, cakes and beauty products - how to get birthday freebies and why there's a catch

    04 Sep 2026 07:19

    Cake, coffee, make-up and burgers are just some of the free things you can get on your birthday.

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  • From 'dog fruit' to darling: India's avocado boom

    04 Sep 2026 05:09

    Demand for avocados is booming in India and local growers hope to grab more of the market.

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  • Why wait? Business grads buying firms to install themselves as CEO

    02 Sep 2026 23:13

    Impatient to be the boss of an established company they are borrowing money to fund their purchases.

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  • 'My parents won't lend me £10k but helped my brother': When families play financial favourites

    30 Aug 2026 23:22

    So-called financial favouritism can cause jealousy and resentment long into adulthood. Here is how experts say you can avoid it

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  • Why the UK is dithering over what to do about e-scooters

    22 Jul 2026 23:51

    Why is it taking so long for the government to regulate them, and what are the consequences of delay?

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  • Why Gen Z are planning for life without a state pension

    30 Jun 2026 23:05

    Many younger people do not believe the state pension will exist when they are older

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  • The furious dispute over what caused Air India flight 171 to crash

    10 Jun 2026 23:10

    The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.

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  • How the High Street became a window on our political instability

    07 Jun 2026 23:00

    High Streets have declined in recent years. What does this tell us about the UK?

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© 2026 Current Capital. All rights reserved.

News summaries sourced from public feeds such as the BBC and The Guardian.