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UK government pays highest interest rate on 10-year debt since 1999 at bond auction – as it happened

Rolling coverage of the latest economic and financial news

Soho House launches investigation after out-of-date food mislabelled in kitchen

Private members’ club apologises after former employee exposes issue at its Shoreditch House venue

New English homes in flood-risk areas could become uninsurable, says Aviva boss

Amanda Blanc says flooding threat is ‘absolutely increasing’, as she also warns ministers over ‘kite flying’ before budget

UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs

Average five-year fixed mortgage interest rate has hit 5.94%, its highest since October 2023, says Moneyfacts

What is Burnham’s GB Grid plan and could it bring down energy bills?

Proposed government-backed network body welcomed by some in sector but others call it just another quango

M&S links up with Sephora to lure younger shoppers

Beauty specialist will open branded areas in 100 Marks & Spencer stores and will sell its products on chain’s website

‘Visible and engaged’: Burnham in listening mode with businesses at Labour party conference

PM reassures firms and chancellor vows help on costs – but unease remains over possible budget tax rises

OpenAI scraps release of new model over safety concerns in internal testing

GPT-6.1 Astra showed deceptive behaviour and tried to use external tools despite knowing it would be unsafe

Anthropic ‘warns of existential AI risks to humanity’ in IPO document

Reported admission to investors of AI’s ‘self-preserving behaviours’ comes as company prepares for a potential $2tn flotation

Dale Vince plans London-wide news operation to take on ‘rightwing bias’ in the media

Green energy entrepreneur plans rescue package for the group behind the Camden New Journal, Islington Tribune and Westminster Extra

On the rocks? Scotch distilleries pause production as unsold ‘whisky loch’ grows

Demand for Scotland’s most famous export has slumped, with industry facing job cuts and closures

RBA interest rates: Reserve Bank raises cash rate to highest level in 15 years and warns of more hikes ‘if needed’

Michele Bullock says board knows decision will hit some people hard but hopefully in the next few years ‘this will all have been worth it’

LV= insurance is ignoring us while our house literally falls apart

We are living in a collapsing property because of cost-cutting and delays over our subsidence claim

Mac mini M6 review: truly mighty but now more pricey

Apple’s cheapest desktop computer is no longer a bargain but its newest, fastest chip makes it a pocket powerhouse

The RBA has hiked interest rates. Use our loan calculator to check how it affects you

Reserve Bank announces fourth hike this year, adding to the cost of monthly mortgage repayments

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  • Thames Water asks for £2.4bn more to avoid going bust this year or early 2027
  • People in the US: what is your personal ‘recession indicator’?
  • John Healey poised to raise taxes on banks in budget
  • Cost of balancing Great Britain’s power grid reaches nearly £50m a day
  • Lisa Nandy ‘minded to intervene’ in Sky’s £1.6bn purchase of ITV
  • Cult venue Prince Charles cinema ‘saved’ after lease renewal signed
  • Wall Street drops after jump in US producer inflation; John Healey says UK banks are part of ‘jewel in the crown’ – as it happened
  • Tech market sell-off deepens amid fears over US inflation and AI debt
  • US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account
  • Bad news for Trump ahead of the midterms: it’s still the economy, stupid
  • John Healey vows to give ‘breathing space’ to consumers and businesses in first budget
  • Gen Z wrestle with shame from ordering delivery food: ‘This economy is not for the weak’
  • Key US voters say economy is getting worse ahead of midterms, exclusive poll finds
  • Wallace & Gromit maker Aardman falls short of return to profit
  • UK economy unexpectedly grows in August despite fall in consumer spending
  • ‘I introduce myself to anyone who looks a bit jumpy’: a security guard’s take on anti-shoplifting fixes
  • Poland’s ascent from communist state to top 20 economy reverses the brain drain
  • UK households have paid extra £13,961 on bills since 2021 amid soaring inflation, TUC says
  • The global economy is muddling through against the odds. But a storm is coming
  • Unemployment in Australia reaches 4.7%, its highest in nearly five years
  • ‘Like, really, really shocked’: why are so many people riffing on this sheep’s sex appeal?
  • UK hospitality sector to offer up to 100,000 jobs to young people out of work
  • The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’
  • Sir Trevor Phillips urges CBS News colleagues to give critics blunt riposte
  • Done family took £30m dividend from Betfred before warning of job cuts
  • US inflation rose to 3.7% in September in blow to Republicans before midterms
  • ‘Ugly’ jump in US inflation, driven by gasoline prices, in blow to Trump before midterm elections – as it happened

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