Mateusz Kaczmarek

A technology and finance expert writing for TS2.tech. He analyzes developments in satellites, telecommunications, and artificial intelligence, with a focus on their impact on global markets. Author of industry reports and market commentary, often cited in tech and business media. Passionate about innovation and the digital economy.

Rachel Reeves’ 2025 Budget Today: Income Tax ‘Stealth Rise’, ISA Shake‑Up and Pension Fears – What 26 November Means for Your Money

Rachel Reeves’ 2025 Budget Today: Income Tax ‘Stealth Rise’, ISA Shake‑Up and Pension Fears – What 26 November Means for Your Money

Chancellor Rachel Reeves will deliver her second Budget today, confirming billions in tax rises and benefit changes amid a £20–30bn fiscal gap. The national living wage will rise to £12.71 an hour, and the state pension is set for an above-inflation increase from April. NHS prescription charges and rail fares will be frozen next year. The sugar tax will expand to cover pre-packaged milkshakes and some lattes.
26 November 2025
Anglo American (AAL) Surges Above 200‑Day Average as BHP Exits and Teck Merger Advances – 26 November 2025

Anglo American (AAL) Surges Above 200‑Day Average as BHP Exits and Teck Merger Advances – 26 November 2025

Anglo American shares rose 1.4% in London by late morning, trading near 2,818p after BHP ended its latest takeover attempt. The stock is up 21% over 12 months but remains 6% below its October high. Anglo’s planned merger with Teck Resources is set for a shareholder vote, while EU regulators have paused review of a separate nickel asset sale. Market capitalization stands at about £32 billion.
Diageo (DGE) Shares Slip as JP Morgan Slashes Target to 2,000p While India Arm Delivers Big ESG Win – 26 November 2025

Diageo (DGE) Shares Slip as JP Morgan Slashes Target to 2,000p While India Arm Delivers Big ESG Win – 26 November 2025

Diageo shares fell 1.4% to 1,709.5p in London on 26 November after JP Morgan cut its price target to 2,000p, citing earnings pressure. Bernstein maintained a Buy rating with a 2,420p target. The stock has dropped sharply since a recent profit warning, trading near a one-year low. Diageo’s market value stands at about £38 billion.
26 November 2025
Lloyds Banking Group (LLOY) Share Price Today: Rally Holds as UK Budget Spares Bank Tax Hike – 26 November 2025

Lloyds Banking Group (LLOY) Share Price Today: Rally Holds as UK Budget Spares Bank Tax Hike – 26 November 2025

Lloyds Banking Group traded near 91p in London late Wednesday, close to 12-month highs, after reports indicated the UK Autumn Budget would not impose new taxes on banks. The lender continued its £1.7bn buyback, retiring about 1.8bn shares this year. Shares have climbed over 60% in 12 months, with market value above £53bn. Lloyds reported £3.3bn profit for the first nine months of 2025.
Spectris (LON: SXS) Share Price Today, 26 November 2025 – Fresh Stake Disclosures as KKR’s £41.75 Takeover Nears the Finish Line

Spectris (LON: SXS) Share Price Today, 26 November 2025 – Fresh Stake Disclosures as KKR’s £41.75 Takeover Nears the Finish Line

Spectris shares traded around 4,132p–4,134p in London on Monday, less than 1% below the £41.75 per share takeover offer from KKR-backed Project Aurora Bidco. Trading was subdued, with activity focused on disclosure filings including a major holdings notice from JPMorgan Chase, which lifted its economic interest above 8%. No new terms or surprises emerged.
Rio Tinto (RIO) on 26 November 2025: Share Price Near Highs as Analysts Stay Cautious and Energy-Transition Bets Deepen

Rio Tinto (RIO) on 26 November 2025: Share Price Near Highs as Analysts Stay Cautious and Energy-Transition Bets Deepen

Rio Tinto traded near the top of its 52-week range on November 26, with LON:RIO around GBX 5,435–5,445 and NYSE:RIO at US$71, up over 20% year-to-date. Analyst ratings remain cautious, with a “Hold” consensus in London and “Moderate Buy” in New York. Technical signals point to buyer dominance but warn of possible near-term pullback if support fails. A DCF analysis values the stock far above current prices.
British American Tobacco (BATS) Share Price Today: Buyback Update, JP Morgan Target Hike and Dividend Focus – 26 November 2025

British American Tobacco (BATS) Share Price Today: Buyback Update, JP Morgan Target Hike and Dividend Focus – 26 November 2025

British American Tobacco repurchased 130,000 shares for cancellation on 25 November at an average price of 4,252.24p, following a similar buyback the previous day. BATS shares closed at 4,334p in London on Wednesday, up 0.5% after a 2.8% surge Tuesday. JP Morgan raised its price target to 4,150p. The stock is up over 50% year-on-year.
RELX PLC (REL) Stock Today – Share Buybacks, New Institutional Buying and 2026 Outlook on 26 November 2025

RELX PLC (REL) Stock Today – Share Buybacks, New Institutional Buying and 2026 Outlook on 26 November 2025

RELX shares opened at 3,063p in London on strong volume, trading near a 52-week low after closing at 3,059p. AlphaCore Capital disclosed a new stake in RELX ADRs, while ABC Arbitrage sharply increased holdings. The company repurchased 60,041 shares as part of its ongoing buyback. RELX remains a major holding for Finsbury Growth & Income Trust and the SPDR MSCI Europe Industrials ETF.
Unilever PLC (ULVR) News Today: Share Price Softens as Graze Sale, HUL Profit Push and Magnum Spin‑Off Shape Outlook – 26 November 2025

Unilever PLC (ULVR) News Today: Share Price Softens as Graze Sale, HUL Profit Push and Magnum Spin‑Off Shape Outlook – 26 November 2025

Unilever shares fell 0.6% in London to 4,525p by mid-morning Wednesday after news of a planned £35m sale of its Graze snack brand to Katjes Group, far below the £150m paid in 2019. The company is also considering selling British staples like Marmite and has instructed Hindustan Unilever to pursue higher-margin growth. Analyst ratings remain mixed despite recent price target increases.
26 November 2025
BP Stock Today, 26 November 2025: Olympic Pipeline Restart, Seatrium’s Tiber FPU Deal and Fresh Activist Pressure on Strategy

BP Stock Today, 26 November 2025: Olympic Pipeline Restart, Seatrium’s Tiber FPU Deal and Fresh Activist Pressure on Strategy

BP has restarted jet-fuel deliveries to Seattle-Tacoma International Airport after identifying a leak in its Olympic Pipeline’s gasoline line. The gasoline line remains shut for repairs, while Washington regulators fined BP and Olympic Pipeline $3.8 million over a separate 2023 spill. BP shares rose about 0.7% in London trading.
26 November 2025
Thanksgiving 2025’s Food Waste Exposes a Global Climate Opportunity – From Informal Recyclers to Offshore Drilling Waste

Thanksgiving 2025’s Food Waste Exposes a Global Climate Opportunity – From Informal Recyclers to Offshore Drilling Waste

Americans are expected to waste 320 million pounds of food this Thanksgiving, generating over 800,000 metric tons of CO₂ and 4,800 metric tons of methane, according to Axios. New research and a World Economic Forum white paper highlight potential for digital traceability and improved waste management to reshape global recycling and offshore oil sectors. The upcycled food market could reach $99 billion by 2035.
26 November 2025
HSBC (HSBA) on 26 November 2025: Cloud Wallet Upgrade, Fresh Macro Calls and Insider Trade

HSBC (HSBA) on 26 November 2025: Cloud Wallet Upgrade, Fresh Macro Calls and Insider Trade

HSBC’s PayMe wallet in Hong Kong has completed a full migration to Amazon Web Services, enabling faster transactions and lower costs. HSBC shares traded around 1,051p in London, up slightly on the day, with the ADR at $69.51 in New York. The bank’s London stock is up about 37% year-to-date. PayMe now serves over 3.2 million users and processes billions of transactions annually.
Rolls-Royce Holdings (RR.) Share Price Rises as Quantum Breakthrough and Dubai Orders Offset New Lawsuit – 26 November 2025

Rolls-Royce Holdings (RR.) Share Price Rises as Quantum Breakthrough and Dubai Orders Offset New Lawsuit – 26 November 2025

Rolls-Royce shares rose 0.9% to 1,054p in London trading Wednesday, despite news of a wrongful-death lawsuit filed in the U.S. Virgin Islands over a 2021 helicopter crash. The suit alleges Rolls-Royce failed to recommend updated compressor-wheel designs before the accident. The stock remains 12% below its late-October high but is up 95% over 12 months. RBC Capital Markets last week rated the shares “outperform.”
26 November 2025
Glencore (GLEN) Share Price Today: Smelter Bailouts, China Copper Squeeze and New China IPO Bet – 26 November 2025

Glencore (GLEN) Share Price Today: Smelter Bailouts, China Copper Squeeze and New China IPO Bet – 26 November 2025

Glencore shares rose to 348.65p in London by 10:30 GMT Wednesday, up 2.10p, with over 6.3 million shares traded. The company faces political scrutiny in Australia after a A$600 million bailout for its copper smelter, while also expanding ties with a Chinese aluminium producer and navigating pressure from China on copper treatment charges.
Shell Plc (SHEL) Today: UBS Downgrade, Ferrari Green Power Deal and LNG Dispute – 26 November 2025

Shell Plc (SHEL) Today: UBS Downgrade, Ferrari Green Power Deal and LNG Dispute – 26 November 2025

UBS downgraded Shell to “Neutral” and cut its price target to 3,000p, citing stretched valuation after a 12% share gain in 2025. Shell shares closed at 2,766p in London and €31.37 in Amsterdam, both easing from recent highs. The company signed a 10-year renewable power deal with Ferrari and expanded energy-transition efforts in Nigeria’s Bonga field. New details also emerged in a major LNG dispute.
26 November 2025
BAE Systems (LON: BA.): US Navy deal, Hunter-class upgrade and fresh buybacks keep FTSE 100 defence giant in focus – 26 November 2025

BAE Systems (LON: BA.): US Navy deal, Hunter-class upgrade and fresh buybacks keep FTSE 100 defence giant in focus – 26 November 2025

BAE Systems shares closed at 1,638p in London on 26 November, up just over 1%, valuing the company at about £47.8bn. The firm secured a new $22 million US Navy contract for Mk 41 missile canisters, with the total value potentially reaching $317 million. Shares remain up 43% year-to-date despite a 13% drop in the past month.
26 November 2025
Coinbase Ventures 2026 Crypto Bets: RWA Perps, DeFi and AI Explained

Coinbase Ventures 2026 Crypto Bets: RWA Perps, DeFi and AI Explained

Coinbase Ventures on Nov. 25 outlined investment priorities for 2026, focusing on real-world asset perpetuals, specialized trading platforms, next-gen DeFi, and AI-driven crypto infrastructure. The firm highlighted synthetic exposure to off-chain assets, prediction-market terminals, on-chain credit, and robotics data collection. Industry coverage points to strong interest in RWA derivatives and AI tooling.
CPP and OAS Payments Hit Bank Accounts Today: November 26, 2025 Dates, Eligibility, and December Benefit Schedule Explained

CPP and OAS Payments Hit Bank Accounts Today: November 26, 2025 Dates, Eligibility, and December Benefit Schedule Explained

Canada Pension Plan and Old Age Security payments were deposited today, November 26, 2025, for millions of recipients. The final 2025 payment will arrive early, on December 22. Federal officials say there are no extra CPP or OAS payments or one-time bonuses, despite viral social media claims. Quebec Pension Plan payments are scheduled for November 28 and December 30.
26 November 2025
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