Poundland's future hangs in the balance as chain edges towards collapse

Eli Lilly blows past estimates, hikes sales outlook on resilient Zepbound and Mounjaro demand

Eli Lilly reported that sales of obesity drug Zepbound and diabetes treatment Mounjaro surged again in the third quarter.

President of the European Central Bank Christine Lagarde to step down in February

Putin praises Elon Musk as a ‘genius’ as Russia develops Starlink alternative

Russia is trying to develop is own version of the satellite constellation Starlink: Rassvet.

UK government borrowing costs fall as City welcomes ‘no harm’ budget – business live

Premier owner Whitbread says budget business rate measures ‘will do much to mitigate’ damage of past two budgets to hospitality sector Christine Lagarde , the eurozone’s top central banker, is stepping down nine months early. The European Central Bank announced this morning that Lagarde would step down as its president on 7 February 2027; her term was scheduled to run until the end of October next year. Continue reading...

Restaurant Brands reports mixed results as Burger King's U.S. turnaround shows signs of success

Burger King's U.S. restaurants outperformed, while Popeyes disappointed.

Lloyds executive criticises Healey for linking bank tax rises to energy bill support

Bank’s chief financial officer hopes measure in budget is temporary as sector provides loans that could fuel growth A top Lloyds Banking Group executive has criticised the chancellor for linking bank tax increases to energy bill support for UK households, as he warned the government against extending the higher levy beyond March 2028. Lloyds’ chief financial officer, William Chalmers, acknowledged that the economic environment was “challenging but said this should not come at the expense of the banking sector, as it provides loans that could fuel UK growth. Continue reading...