RSM analyst Thomas Pugh said August public net borrowing rose sharply YoY, complicating the upcoming budget and making an October tax increase likely. Fiscal-year-to-date net borrowing is £77.3 bln, well above the Office for Budget Responsibility’s £69.2 bln forecast. With inflation rising and the budget likely to include additional spending commitments, borrowing is expected to continue materially outpacing forecasts. Investors are watching each borrowing print for signs of the government’s fis

2026-09-22

RSM analyst Thomas Pugh said August public net borrowing rose sharply YoY, complicating the upcoming budget and making an October tax increase likely. Fiscal-year-to-date net borrowing is £77.3 bln, well above the Office for Budget Responsibility’s £69.2 bln forecast. With inflation rising and the budget likely to include additional spending commitments, borrowing is expected to continue materially outpacing forecasts. Investors are watching each borrowing print for signs of the government’s fiscal discipline amid elevated gilt yields.

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2026-09-22

China’s Lantu CBO Shao Mingfeng said on Sept. 22 the best partnerships are ‘strong-strong’ alliances, citing Huawei’s QianKun driver-assistance system paired with Lantu’s manufacturing technology as an example. He said harmony without uniformity — each side keeping its advantages and corporate values — is the preferred cooperation model.

2026-09-22

SpaceXAI's Grok Bot had 418,000 weekly active users as of Sept. 14, up 24% week-on-week, after launching in mid-August, presentation materials showed. The AI agent is pitched to compete with Anthropic PBC and OpenAI and is designed to act like an around-the-clock employee rather than a chatbot—handling emails, updating sales databases, processing invoices, coordinating workflows and filing software bug reports. The user figures indicate only modest initial demand.