GBPRON: British Pound / Romanian Leu Live Price Graph

Royal Mail plans to cut 2,500 jobs

The postal service firm wants to cut head office and other non-frontline jobs by the end of 2027.

Oct 7, 2026, 11:12 AM

Euro Slides as Traders Look Beyond Dollar for Bearish Bets

The euro fell against all G10 peers as investors worried about regional fiscal and political risks looked beyond the dollar to bet against the common currency.

Oct 7, 2026, 8:25 AM

China’s Central Bank Adds Gold in September as Bullion Weakens

China added more gold to reserves last month, pushing a buying streak close to the two-year mark as prices weaken toward $4,000 an ounce.

Oct 7, 2026, 6:41 AM

Chancellor plans major intervention to help poorer UK households with rising energy bills

Exclusive: Officials working on further radical changes that would change how much energy companies could charge customersJohn Healey is planning a major intervention to cut energy bills for poorer households in this month’s budget, after ministers became alarmed at forecasts that show bills rising by hundreds of pounds in January.The chancellor is working on plans to spend more than £1bn to help energy consumers, the bulk of which is likely to go towards increasing the discount given to households on certain benefits. Continue reading...

Oct 6, 2026, 7:27 PM

Is Australia ready for a datacentre boom? – podcast

As technology companies push to expand AI infrastructure across Australia, residents from suburban Melbourne to regional Queensland are raising concerns over noise, power demands and local impacts. Could growing community opposition slow down plans for a nationwide infrastructure boom?Technology reporter Josh Taylor joins Reged Ahmad to unpack why Australians are becoming so uneasy about datacentres – and whether government regulation can address their fearsRead more:Rural Queenslanders have seen gas projects come and go – but a 725-hectare datacentre poses a whole new level of ‘stupidity’‘These guys are just coming from nothing’: questions over multibillion-dollar Firmus float amid datacentre backlashPlan for controversial $1.2bn datacentre in Sydney scrapped due to ‘emerging’ regulations Continue reading...

Oct 6, 2026, 2:00 PM

The Hidden Policies That Power China’s Export Boom

Huge tax breaks and a weak currency sustain exports, widen the government budget deficit and complicate the country’s efforts to rebalance its economy.

Oct 6, 2026, 11:45 AM

How AI could scupper the dollar

Things are fine until they’re not

Oct 6, 2026, 5:30 AM

French central bank head warns country at risk of being ‘strangled by interest rates’

Emmanuel Moulin says France can still reassure bond investors despite ‘serious and worrying’ market moves in recent days

Oct 5, 2026, 4:56 PM

A Supreme Court Battle Over Climate Change Begins

The justices are about to hear a lawsuit that could determine whether the oil industry faces billions of dollars in liability for damages caused by global warming.

Oct 5, 2026, 3:29 PM

AI boom could trigger market shocks, Bank of England boss warns

Andrew Bailey says the central bank is watching the waves of cash being invested in artificial intelligence "very carefully".

Oct 1, 2026, 10:05 AM