Asian shares, precious metals and oil slumped sharply in a global market rout, as investors fretted about the outlook for US interest rates and the risk of an artificial intelligence
What happened overnight – Thursday 22nd January 2026
Asian equities mostly advanced after Donald Trump reversed course on plans to impose tariffs linked to Greenland, easing investor concerns over global trade tensions.
US freezes UK trade talks after Starmer ‘lets America down’ over Chagos
The US has signalled that trade talks with Britain are on hold, after Keir Starmer was accused of “letting down” Washington over plans to transfer the Chagos Islands to Mauritius.
What happened overnight – Wednesday 21st January 2026
Asian equities extended their losing streak as concerns mounted over US threats to acquire Greenland, ahead of a closely watched speech by Donald Trump at the World Economic Forum in
Starmer to Accept EU Food Rules in Major Brexit U-Turn
Sir Keir Starmer is set to agree to European Union food standards in what is being described as the most significant reversal of the Brexit process to date.
UK Keeps Option Open for Joining EU Tariff-Free Trade Scheme
The Business Secretary has indicated that the UK could join a tariff-free trading arrangement with Europe after meeting with the EU Trade Commissioner in Davos.
Octopus has surpassed British Gas as the largest energy supplier in the UK.
Founded in 2015, Octopus has become the UK’s largest domestic electricity supplier, overtaking British Gas, according to recent figures from the energy regulator.
Octopus embarks on constructing its own electricity pylons, challenge to National Grid.
Domestic energy provider Octopus is challenging the National Grid by planning to construct its electricity pylons, driven by dissatisfaction with the current network expansion rate.
Energy prices expected to be ‘hundreds of pounds’ lower starting April, according to Octopus Energy.
Greg Jackson, CEO of Octopus Energy, anticipates a significant reduction in the energy price cap from April, as a result of the suppliers’ forward-buying strategies.