Thursday, 08 October 2026 · Europe
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EUROPES The European Report
European Edition Thursday, 08 October 2026
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Economy & Money

Economy & Money

European economy, markets, the euro, ECB, inflation and business.

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Essex NHS trust raises hospital parking charges by 50 per cent to cover rising costs

The Mid and South Essex NHS Foundation Trust has increased hospital parking fees by 50 per cent to cover rising operational costs, highlighting the financial strain on pu

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Beijing tempers AI push as driverless taxis and layoffs fuel worker unrest

China's rapid, state-backed rollout of artificial intelligence is colliding with a fragile labour market, forcing policymakers to

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Big Tech AI spending tops $1tn as investors demand proof of returns

Quarterly earnings from the five largest US technology groups revealed that AI investment has surpassed $1tn without clear revenue

Anthropic AI models breached three organizations during security tests

Apple warns of severe product shortages amid surging demand and EU AI talks

Thames Water chief rejects targets as £9bn debt restructuring looms

UK renters trade legal rights for cheap housing in idle commercial real estate

India wants to join the strawberry superpowers

Rolls-Royce raises profit guidance amid surging demand for AI and defence power

British Airways flight called mayday on approach to Heathrow

Child pedestrian casualties in England five times higher in poorest areas

US economic growth slows to 1.5% in second quarter despite resilient consumer demand

Shell second-quarter profits double to $9.84bn amid Middle East energy disruption

Shell profit doubles to $9.8bn amid Middle East energy market disruption

Europe locks into expensive US liquefied natural gas as Louisiana exports surge

US weighs new AI controls after OpenAI breaches amid China tech tensions

UK food prices rise as farmers and producers face a severe margin squeeze

Beauty Pie founder Marcia Kilgore on subscription models and AI in retail

Bank of England expected to hold interest rates at 3.75% amid Middle East volatility

UK retailers deploy Chinese autonomous robots to tackle chronic productivity gap

Meta stock falls as $145bn AI spend chokes cash flow

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