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MON 26 OCTMorning6:18 PM

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BIZBBC News

Healey vows cheaper marmalade and gherkins in pre-Budget package of 'everyday fixes'

Photo: BBC

John Healey will remove import taxes on marmalade, gherkins and more than 100 products in a bid to give families "breathing space" with the cost of living at the Budget .

The chancellor on Wednesday will promise a fresh series of "everyday fixes" to ease the pressure on households.

The measures will also include an end to the so-called cliff-edge for those receiving carer's allowance payments and higher tax-free mileage rates being made permanent.

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BIZThe Guardian

Anthropic reveals rapid revenue gains and larger losses in stock market filing

Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of the AI boom’s financial viability Anthropic has publicly filed for a stock market listing in what is slated to be one of the largest debuts in history. The company’s float on the US market will serve as a test of the financial viability of the multitrillion-dollar AI boom. Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than $1.5tn. The company, which will will list under the symbol ANT, confidentially filed with…

BIZThe Guardian

European gas prices soar to four-year high over winter supply fears

Jump fuelled by fears of further Middle East supply disruptions amid reports of US-Israeli plans to strike Iran European gas prices have jumped to levels not seen since 2022 as fears continue to grow around the continent’s supply this winter and the conflict in the Middle East. Wholesale gas prices hit €97 (£81) a megawatt-hour on Monday, as temperatures across Europe fell and traders priced in stronger demand for heating.

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