Copper sets a new record after trading disruptions at CME. Metal jumps 2.5% to $11,210.50/ton. Tightened supply and increased demand are driving the boost, along with comments from industry summit.
Russia considers total WhatsApp ban. Accuses platform of failing to comply with laws, being used for criminal activities. CME systems disruptions cause silver to hit new record. Interest rate cut hopes, supply tightness, and inflows into gold-backed ETFs contribute.
UK shares rise as FTSE 100 climbs 0.3%. Energy and mining stocks drive gains. Second-half goods trade slows, predicts slower growth in fourth quarter. UK rejects £130bn rearmament program contribution, negotiations fail.
Global goods trade slows in second half of 2025. WTO’s trade barometer falls to 101.8 in September. Merchandise trade up 4.9% year-on-year in first half, but predicted to slow due to tariffs and trade policy uncertainty.
HMRC penalizes savers for stock and shares investments. Cash Isa limit cut to £12,000, transfers from innovative finance Isa banned. Reeves urged to sack after “lying” about budget tax raid. Budget faces backlash for scrapping workers’ rights legislation.
Read more at Yahoo Finance: Benefits claimants and public sector workers best off under Labour
