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  • Evaluation finds northern investment fund improving SME access to finance

    Evaluation finds northern investment fund improving SME access to finance

    October 13, 2026

    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

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

    October 13, 2026

    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

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

    October 13, 2026

    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 to remove fixed-pay allowances from January 2028

    October 13, 2026

    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.


  • EU launches detailed competition inquiry into XXXLutz–Porta deal

    EU launches detailed competition inquiry into XXXLutz–Porta deal

    October 13, 2026

    European regulators have opened an in-depth review of furniture consolidation. The XXXLutz–Porta transaction has raised concerns about consumer choice, supplier bargaining power and competition across several European retail markets.


  • Banking watchdogs increase scrutiny of autonomous AI systems

    Banking watchdogs increase scrutiny of autonomous AI systems

    October 13, 2026

    Banking regulators are examining the risks of increasingly autonomous systems. Reporting identifies growing scrutiny of AI deployment, cyber resilience and recovery planning across banks in Europe, Britain and the United States.


  • Scarlet raises m to expand AI-enabled medical certification

    Scarlet raises $50m to expand AI-enabled medical certification

    October 13, 2026

    London-founded Scarlet has secured funding to expand medical certification services. The $50m Series B will support its AI-enabled assessment model as regulated technology developers seek more efficient approval processes.


  • Resolution Foundation estimates fiscal headroom has halved to £12bn

    Resolution Foundation estimates fiscal headroom has halved to £12bn

    October 13, 2026

    Research suggests UK fiscal headroom has halved before the Budget. Resolution Foundation estimates fiscal headroom has fallen to £12bn as higher borrowing costs intensify pressure on spending and tax decisions.


  • Hays reports continuing weakness in British and German recruitment

    Hays reports continuing weakness in British and German recruitment

    October 13, 2026

    Recruitment demand remains weak across two major European employment markets. Hays reported lower quarterly net fees in Britain and Germany, while permanent hiring remained particularly subdued despite growth elsewhere.


  • UK–India mission outlines £1bn in deals and investment

    UK–India mission outlines £1bn in deals and investment

    October 13, 2026

    UK and Indian businesses have announced fresh commercial commitments together. The trade mission highlights technology investment, aviation services and retail expansion, although several contract values remain projections over multiple years.


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