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Friday 23 October 2026
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A court in Tianjin has accepted prosecutors' request to confiscate the bitcoin and other assets linked to Qian Zhimin, which were seized in Britain, days after a UK High Court ruling on victims' claims.
The British bank said the cuts, about 5% of its workforce, are part of cost reductions that executives linked to technology and AI. The Unite union said it was in talks with the bank.
On the day the government approved production at the North Sea Jackdaw gas field, Conservative leader Kemi Badenoch accused Prime Minister Andy Burnham of "dithering" and pressed him on public debt, which passed £3 trillion. Burnham said he had asked the chancellor and energy secretary to look into removing standing charges from gas bills.
Ashtead Technology's board recommended the 615p-a-share cash offer, an 80.9% premium to the share price before the offer period began in September.
European stock markets closed higher for the first time in three sessions, with Randstad and EssilorLuxottica among the biggest gainers and London's FTSE 100 up 0.2% after UK inflation data.
Consumer prices in the United Kingdom rose 3.5% in the year to September, up from 3.1% in August, with motor fuels the largest upward contribution, the Office for National Statistics said.
Britain's unemployment rate fell 0.1 percentage points in the three months to August, while regular pay growth held at 3.7%, official figures show.
Google said a "power event" in one zone of its London cloud region caused an outage on Tuesday that affected services including Revolut, Lloyds, HSBC and the courts' video platform. Google said most workloads had recovered by the afternoon UK time.
Defence Secretary Wes Streeting said RAF Typhoon jets would conduct defensive air operations over Saudi Arabia but would not strike targets in Yemen. Saudi forces said they intercepted a Houthi missile and a drone aimed at Riyadh on Tuesday.
Downing Street said it was "wrong to diminish" the role of British and allied troops after US Defense Secretary Pete Hegseth said only a few NATO countries were involved in combat in Afghanistan. Poland's foreign minister also responded.
The all-cash deal of US$20 per share adds an experimental treatment for the rare blood cancer polycythemia vera to Merck's pipeline. It is expected to close in early 2027.
Nscale, a UK company backed by Nvidia, says it remains committed to the Loughton project after being told the site may not get enough grid power until the 2030s. Microsoft declined to comment.
Former home secretary Lord Blunkett said proportional representation could hand power to "tiny minorities". Supporters of reform say most Labour MPs back the Prime Minister's proposed commission.
