• Bellway forecasts fewer homes despite higher annual profits

    Bellway expects fewer completions after reporting higher annual company profits. The housebuilder forecasts 9,000–9,400 homes in FY2027 after completing 9,695 in FY2026, with mortgage affordability and construction costs continuing to pressure margins.


  • IMF raises UK growth forecast to 1.3%

    The IMF has raised its forecast for British economic growth. Its October outlook projects 1.3% expansion during 2026 and 1.2% in 2027, while warning about inflation, energy costs and expensive borrowing.


  • UK venture funds raise record .9bn in Q3

    British venture funds recorded their strongest fundraising quarter in 2026. HSBC Innovation Banking and Dealroom report $6.9bn raised across 31 funds during Q3, alongside $6.1bn invested in UK startups and scaleups.


  • Voting advisers back Baillie Gifford board in Saba dispute

    Three governance advisers have backed the Baillie Gifford trust board. Their recommendations oppose Saba Capital’s proposed director appointments before shareholders vote at the investment trust’s annual general meeting.


  • Government examines stronger reporting safeguards for serious AI incidents

    Ministers are reviewing protections against serious failures involving artificial intelligence. Proposed work includes reporting significant incidents and strengthening public-sector defences as increasingly autonomous technology creates new operational risks.


  • HMV to leave Oxford Street flagship after proposed rent increase

    HMV plans to leave its historic Oxford Street retail location. A proposed doubling of rent and substantial renovation requirements have made the flagship site commercially unsustainable despite improving sales.


  • Evaluation finds northern investment fund improving SME access to finance

    An independent review finds evidence of progress in regional finance. Northern Powerhouse Investment Fund II supported 306 businesses by September 2025, with findings indicating investment would otherwise have been harder to obtain.


  • UK and EU set November summit for talks on business trade costs

    Britain and the EU have confirmed their next summit date. Leaders will review proposed trade measures intended to reduce paperwork, lower costs and develop wider cooperation after Brexit.


  • CMA consults on Co-op remedies after Southern Co-operative acquisition

    The CMA has opened consultation on remedies offered for Co-op. Its review of the Southern Co-operative acquisition examines whether proposed undertakings can address local competition concerns without a fuller merger investigation.


  • HSBC to remove fixed-pay allowances from January 2028

    HSBC is preparing to change remuneration arrangements for some employees. Fixed-pay allowances will be phased out in 2028 as the bank adjusts compensation after changes to UK bonus restrictions.