The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters, CNBC reported. The inflation rate had cooled sharply to 3.2% in the 12 months of November, with the data encouraging the Bank of England to cut interest rates at its final meeting of the year last month. Core inflation, excluding energy, food, alcohol and tobacco, stood at 3.2% in December, unchanged from November, according to the latest figures from the Office for National Statistics.

Orbex’s Danish subsidiary, Orbital Express Launch ApS, is set to file for bankruptcy, with its facilities officially closing on 20 January and approximately 90 employees losing their jobs, European Spaceflight reported. U.K.-based Orbital Express Launch (Orbex) established its business in Denmark in October 2016. According to the company, its Copenhagen-based business carried out work in propulsion, testing, software, avionics and business services.

Air Antilles, a regional French airline serving the Caribbean islands, has officially filed for bankruptcy protection (cessation de paiements) at the Pointe‑à‑Pitre mixed commercial court in Guadeloupe, after failing to meet financial obligations, Aeromorning reported. In an internal letter to employees dated Friday, Jan. 16, 2026, Louis Mussington, Chairman of Air Antilles’ board of directors (and President of the Territorial Authority of Saint‑Martin), announced the filing of the cessation de paiements declaration.

The Ångermanland District Court has approved Cinis Fertilizer AB’s previously submitted bankruptcy application, placing both the parent company and its subsidiary Cinis Sweden AB into bankruptcy proceedings and appointing lawyer Johan Klåvus of Trägårdh Advokatbyrå in Malmö as bankruptcy administrator, TipRanks reported.