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The Latest Breaking News from Danni Hewson

Uber cuts 10% of global workforce in biggest layoffs since the pandemic

Uber is cutting 3,300 jobs worldwide as it strips out management layers and merges teams, saying the savings will fund growth in areas such as robotaxis.

Euronews

'Highly Unwelcome Trend': Bill Gates Claims Only Three Jobs Survive AI as the UK Graduate Roles Sink

Bill Gates warns that AI is reshaping the UK job market, with only coders, energy experts, and biologists safe from automation. Graduate employment is at a record low, impacting young workers.

International Business Times UK

UK inflation falls to 2.8% – but experts warn far higher price rises on the way

Inflation could hit 5 per cent by the summer, economists forecasts, as the full effects of Iran War take hold

The Independent UK

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Sobering times: alcohol-free beer added to UK inflation basket

Hummus and pet grooming also join list of goods and services used to help judge the impact of rising prices

The Guardian - UK

Eurozone unemployment unexpectedly falls to record low

The eurozone job market showed modest improvement in January 2026, with the seasonally adjusted unemployment rate falling to 6.1%, an all-time low.

Euronews

FTSE 100 surges to record high as UK inflation cools

The FTSE 100 index closed up 130.01 points, 1.2%, at 10,686.18.

Evening Standard

Stock Index Futures Slip in Weak End to a Banner Year

March S&P 500 E-Mini futures (ESH26) are down -0.20%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.32% this morning, pointing to a weak start on Wall Street in the final trading session of 2025.

Barchart

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Bank of England poised for Christmas interest rate cut after inflation slows

The Bank of England is widely expected to reduce borrowing costs to 3.75% from 4% when it next announces its decision on Thursday.

Evening Standard

Bleak data out of Britain: Is the UK once again the sick man of Europe?

The label once used to describe the UK’s industrial decline in the 1970s is echoing anew as fresh data show the economy slipping into reverse. A 0.1% contraction in September and weak quarterly growth have revived doubts about Britain’s economic vitality amid global trade headwinds.

Euronews

Tesla News Today: The Hidden Messages Behind Elon Musk Buying $1B Worth Of Stock - Should You Do The Same?

Elon Musk's epic £652M Tesla buy on 12 Sept 2025—boosting shares 6%. Unpack hidden messages on AI, robotaxis and that £652B pay deal.

International Business Times UK

Elon Musk's $1bn (£785m) Tesla Share Buy: Investor Confidence or PR Stunt?

Elon Musk buys $1bn Tesla stock, sending shares soaring. Is it a true show of confidence or just a strategic PR move?

International Business Times UK

World Chocolate Day: The EU is celebrating with sky-high prices

Prices in the cocoa market have dropped recently from record highs, but coupled with high energy costs, they have fuelled a double-digit increase in European retail prices compared to last year.

Euronews

UK wage growth cools ahead of national insurance hike for businesses

UK wages lagged as businesses dealt with increasing cost pressures and growing economic and geopolitical uncertainty.

Euronews

European markets bounce back despite renewed Trump tariff threats

US president Donald Trump has kicked trading tensions up a notch by threatening tariffs on EU alcohol, even as ECB president Lagarde warns that an escalating trade war could have severe global consequences.

Euronews

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The Independent UK

UK economy under Labour stalls - what that means for you and your money

Labour is facing a headache with its dependency on a growing economy to gather more tax

The Guardian - UK

Lloyds ‘assessing’ impact of landmark court ruling on car loans

Lender holds about £15bn in loans through Black Horse and could have to pay compensation for mis-selling

International Business Times

London Regains Stock Market Crown As Turmoil Hits Paris

The London Stock Exchange is once again Europe's biggest stock market by valuation after reclaiming the crown from Paris as France is rocked by political turmoil.

The Guardian - UK

Even a ‘rate shock’ for British mortgage borrowers may not help the banks

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was

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Evening Standard

Surprise fall in food prices raises hopes for interest rate cut

City markets are now pricing in a 55% likelihood the Bank of England will start cutting rates as soon as June.

People

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