City of London chief tops UK Black Powerlist

Airline also weighs up increasing use of AI as part of cost-cutting measures to offset impact of Iran war Ryanair is considering cost-cutting measures including implementing pay freezes, reducing crew on flights and increasing the use of AI to offset soaring fuel costs because of the Middle East conflict. Europe’s biggest low-cost carrier said it expects European airlines to raise their ticket prices by as much as 20%, as it anticipates its jet fuel costs will increase by about €2bn (£1.6bn) in

Rolling coverage of the latest economic and financial news And in case you missed it: rival trading platform Chainalysis said on Friday it had also been the target of a cyber attack, although it found no evidence of unauthorised access to “investigation content, authentication credentials, or session tokens.” It said in a statement: Our team is working with leading cybersecurity experts to investigate this activity and harden our systems. We’ve proactively notified all of our customers and will

More than 2.3m households face jump in payments in 2027, after expected increase in Bank of England rate this week More than 2.3m UK households face a sharp rise in mortgage payments as they come off fixed-rate deals in 2027, with the Bank of England expected to begin raising interest rates this week. The Bank’s nine-member monetary policy committee (MPC) is widely expected to increase the base rate from 3.75% to 4% on 5 November after UK inflation rose further to 3.5% in September. Continue rea

Peru’s anchoveta have made up about a 10th of the entire global commercial fishing catch since 1970, more than any other fish. A combination of warming seas and decades-long overfishing spells disaster By Geoff Mann. Read by Adam Sims Read the text version here Support the Guardian today: theguardian.com/longreadpod Continue reading...