United Kingdom · 3 sources
03
United Kingdom: Bank of England raises rates to 4%
The Bank of England raised its rates from 3.75% to 4%, its first increase in more than three years, in line with the expectations of most analysts. The BBC's chief economist believes a further increase is likely, but that it would be the last.
Why it mattersThe increase makes loans more expensive and improves savings returns.
France · 4 sources
04
Mobilization on 5 November: 575,000 protesters according to police, Lecornu proposes a social conference
The day of mobilization for wages and public services brought together 575,000 people according to the Interior Ministry, 1.6 million according to the CGT, the largest of the autumn. Prime Minister Sébastien Lecornu wants to organize a social conference. A draft decree would condition the reduction of contribution allowances on branch-level wage negotiations.
Why it mattersThe government is under pressure to respond to the decline in purchasing power.
France · 2 sources
05
New SNCF TGV: first departure two years late
The first new generation SNCF TGV departs on Friday from Lyon station to Marseille. These trains, more comfortable, ecological and modular, should have entered service two years ago.
Why it mattersThis is the renewal of the country's high-speed fleet.
France · 2 sources
06
Air France-KLM: third quarter revenue up 7%
Air France-KLM publishes revenue up 7% in the third quarter 2026, driven by Air France and trading up, while KLM remains in difficulty. Qantas meanwhile announces fare increases and flight reductions in the face of soaring fuel prices.
Why it mattersFuel prices weigh on airlines and on ticket prices.
United Kingdom · 1 source
07
Poundland: a second buyer submits an offer
A little-known investment group made an offer to buy Poundland, which risks bankruptcy. This is the second candidate to come forward.
Why it mattersThe future of the retailer and its jobs is at stake in these offers.