CBI tells Healey £345bn business costs are holding back investment
The CBI has urged John Healey to cut business costs ahead of the 28 October budget, reporting firms paid almost £345bn in tax in 2025-26, up 12.7 per cent.
September 2026
Molten Ventures raises £175m growth fund for UK tech scale-ups
Molten Ventures growth fund raises £175m, with a £75m British Business Bank cornerstone, to back high-growth UK and European tech firms in AI and space.
Virgin Atlantic replaces British Airways as Team GB airline for LA28
Virgin Atlantic Team GB deal makes Branson's airline the official carrier for LA 2028, ending British Airways' run as partner since the Beijing 2008 Games.
Trouble brewing in global bond markets: What to know
Yields on government bonds are at or near multi-decade highs as investors fear fiscal deficits and renewed fighting in the Middle East Read Full Article at RT.com
World’s biggest wealth fund eyes ditching $80 bn in US Treasuries
Norway’s wealth fund could cut US Treasuries by nearly $80 billion as Washington faces rising debt and weakening foreign demand Read Full Article at RT.com
Europe’s biggest carmaker to shed 100,000 jobs in historic overhaul
Volkswagen is set to shed around 100,000 jobs worldwide and could shut four German plants Read Full Article at RT.com
Jackdaw gas field approval expected in mid-September, sources say
Ministers are expected to approve the Jackdaw gas field off Aberdeen in mid-September, according to government and industry sources.
Nvidia to buy Hugging Face for $12.9bn in bet on open AI models
Nvidia Hugging Face deal: the chipmaker agrees to pay $12.93bn for the developer platform, with Jensen Huang pledging it will stay open to all AI models.
OpenAI releases Astra model and claims ‘new era’ of AGI has begun
OpenAI Astra launched on 3 September as president Greg Brockman said the world had entered the AGI era, days after Sam Altman called AGI a marketing term.
Uber launches London’s first self-driving taxis with 15 Wayve cars
The first self-driving taxis London can hire are now on the Uber app, with 15 licensed Wayve cars and a human safety driver in each ready to take over.