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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UK secures up to £350 for heating oil customers hit by price surge

The UK competition watchdog has secured up to £350 in compensation for 1,700 households left without fuel during a Middle East-driven price shock, exposing a critical reg

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The lawyer who took on Meta, and won, podcast

When Mark Lanier and his young client Kaley faced Meta and Google in an LA courtroom earlier this year, it seemed a bigger battle

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Xbox axes 3,200 staff as it abandons Game Pass expansion

Microsoft’s Xbox is cutting 3,200 jobs to abandon its subscription-driven growth model, a strategic reversal that signals deeper t

Lawsuit claims Meta AI targeted staff on medical and maternity leave

Frequent job hoppers earn 31% more in UK salary data

UK BNPL rules force affordability checks on Klarna, Clearpay

UK MPs urge fast food bans near schools and tighter advertising rules

UK to compensate heating oil users hit by Iran war spike

India-UK free trade deal takes effect, reshaping key markets

BoE's Bailey warns US cannot secure AI alone

Chipotle takes Tex-Mex to Mexico in test for global expansion

US tariffs on Brazil target digital sovereignty, warning for Europe

Buffett redirects billions from Gates Foundation to family trusts

US drops Hormuz cargo fee as naval blockade on Iran resumes

Stranded £40m Dover terminal threatens EU summer travel

IBM loses quarter of value as AI hardware rush diverts corporate budgets

Buffett cuts Gates from $6bn donation, accelerates $140bn plan

£5.5m fake kit raid highlights scale of Europe's counterfeit trade

$50.1m T-Rex sale highlights fossil market boom, European academics warn

Cincinnati rail sale creates $1.9bn fund but blocks housing fix

Bank of England warns of AI bubble as UK loosens capital rules to spur tech lending

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