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That German GDP reading has indeed contributed to the wider eurozone hitting expectations – and then some.

The eurozone economy grew by 0.4% in the second quarter of 2026, according to the preliminary reading from Eurostat – defying the gloom caused by the US-Israeli war on Iran.

MTC provided security at heavily criticised Manston centre in Kent and could now make £500m managing the site

A private security company linked to Donald Trump’s immigration crackdown reported a slump in UK revenues after losing an asylum centre contract but could make £500m managing the same facility until 2036.

Management & Training Corporation (MTC) said sales fell from £28.4m to £17.6m in 2025 after its contract to provide “security and care” at the heavily criticised Manston site in Kent ended in September.

Europe and US risk being outpaced on innovation, as happened in the car industry, warns Pascal Soriot

AstraZeneca must operate at “Chinese speed” to ensure it does not suffer the fate of the western automotive industry by losing out to more innovative rivals, the drug company’s boss has said.

The FTSE 100 company is watching the rise of China’s pharmaceutical industry closely and collaborating to take drugs to global markets, but its chief executive, Pascal Soriot, said the US and European pharmaceutical sectors must focus on increasing the speed of innovation.