Business & Economy

UK Bookmakers Linked to Offshore Casino Deal

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Three major UK bookmakers that have repeatedly warned about the growth of unlicensed gambling websites have been linked through a shared business investment to a lucrative agreement with a large offshore casino network, according to documents disclosed in a recent gambling industry leak. The arrangement involves Sports Information Services, commonly known as SIS, a UK-based gambling content and...

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UK borrowing costs surge as global bond sell-off deepens

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Global bond markets came under renewed pressure on Thursday as investors grew increasingly concerned about inflation, government borrowing and the sustainability of public finances, pushing the yield on Britain’s 30-year government bonds above 6% for the first time in almost three decades. The sharp move in UK borrowing costs came during a turbulent session for financial markets, with...

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UK house price growth slows as mortgage rates rise

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Annual house price growth in the UK slowed sharply in September as higher mortgage costs and continuing economic uncertainty weighed on the housing market, with average property values rising at only half the pace recorded a month earlier. The average price of a home reached £274,251 in September, according to Nationwide, representing an annual increase of 0.8%. The...

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Healey urged to act as UK energy bills rise 4%

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Millions of households across Great Britain are facing higher energy costs from Thursday as the latest price cap comes into effect, prompting growing pressure on Chancellor John Healey to introduce additional support for families in next month’s Budget. The energy price cap for a typical household paying by direct debit will rise by 4%, increasing from £1,663 to...

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Sheikh Tahnoon and the UAE’s AI Ambitions

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Sheikh Tahnoon bin Zayed Al Nahyan has emerged as one of the most influential figures in the United Arab Emirates, combining political influence, financial power, national-security responsibilities and an expanding interest in artificial intelligence. Despite his growing importance internationally, he remains a largely private figure who rarely speaks publicly and has avoided the traditional spotlight associated with powerful...

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Bank Chief Calls for Power to Intervene in AI

Published: 30 September 2026. The English Chronicle Desk. The English Chronicle Online Bank of England governor Andrew Bailey has warned that authorities must retain the ability to intervene in the development and deployment of artificial intelligence as increasingly capable AI systems create new risks for financial stability, cybersecurity and the wider economy. Bailey said the rapid development of frontier AI had created risks that were becoming increasingly significant, particularly as...

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Poundland Rescue Bid Could Protect 11,000 Jobs

Published: 30 September 2026. The English Chronicle Desk. The English Chronicle Online Poundland’s management team is understood to be in advanced discussions over a potential rescue bid for the struggling discount retailer, in a development that could determine the future of about 11,000 jobs across its stores and operations. The proposed management buyout is reportedly being developed with the involvement of former Asda chief executive Andy Bond, who previously led...

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Burnham Opens Door to Possible UK Return to EU

Published: 30 September 2026. The English Chronicle Desk. The English Chronicle Online Prime Minister Andy Burnham has opened the possibility of Britain eventually rejoining the European Union, saying the country could potentially “go all the way” as his government begins a broader review of the UK’s long-term relationship with Europe. The comments represent a significant development in the political debate over Brexit and suggest that the government is prepared to...

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UK University Strikes Spread as Financial Pressure Grows

Published: 30 September 2026. The English Chronicle Desk. The English Chronicle Online Students at universities across the UK are facing growing disruption as staff strikes, job cuts, course closures and financial restructuring spread through higher education. At Edinburgh, Dundee and Nottingham, industrial action is threatening to remove weeks of teaching from the academic year, leaving students caught between demands for greater job security among university staff and the financial pressures...

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Food Industry Mobilises Against the MAHA Movement

Published: 30 September 2026. The English Chronicle Desk. The English Chronicle Online A growing political battle over the future of food and agriculture in the United States is moving beyond Washington’s legislative chambers and into the rapidly expanding world of social media influencers. Major food and agriculture interests are backing a communications campaign designed to respond to the rising influence of Robert F Kennedy Jr’s Make America Healthy Again movement,...

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