Gravity and Captain Phillips top the US box office

While The Fifth Estate performs worse than hoped.

Gravity, from Children of Men director Alfonso Cuarón was the top release of the past month, grossing over US$426m worldwide (including US$218m in North America) since its 4 October release. The film stars box office heavyweights George Clooney and Sandra Bullock. Bullock plays Dr Ryan Stone, a medical engineer on her first shuttle mission, with veteran astronaut Matt Kowalsky (Clooney). While on a seemingly routine spacewalk, disaster strikes and their shuttle is destroyed, leaving Stone and Kowalsky completely alone in space.

The 2nd biggest release of the month was Captain Phillips, from Green Zone director, Paul Greengrass and starring Tom Hanks. The film is based on the true story of merchant mariner Richard Phillips, who was taken hostage by Somali Pirates during the Maersk Alabama hijacking in 2009.

Since its 11 October release the film has grossed US$125m worldwide - of which US$82m was in North America alone. Overseas receipts are expected to improve significantly going forward as the film is yet to be released in a number of locations and should reach over US$200m worldwide by closing.

The much awaited Sylvester Stallone and Arnold Schwarzenegger prison film Escape Plan also opened this month and has performed relatively well at the international box office, grossing over US$50m worldwide since its 18 October release.

The film stars Schwarzenegger and Stallone as inmates who try to escape from a maximum security hi-tech prison. We expect the film to end off at around US$100m total worldwide gross, more than covering the film’s US$50m budget. This return is significantly healthier than the two last films from either of these two actors: Stallone’s Bullet to the Head grossed only US$22m off a budget of US$55m whilst Schwarzenegger’s The Last Stand grossed U$37m off a budget of US$30m.

Other major October releases included Runner Runner, Machete Kills and The Fifth Estate.

The Fifth Estate tells the story of Julian Assange. Despite a fair amount of hype, the film has performed poorly so far, earning only US$6m worldwide off a budget of US$28m since its 18 October release.

Friends reunited: Arnold Schwarzenegger and Sylvester Stallone in "Escape Plan".

Andrew Amoils is a writer for WealthInsight

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Is anyone prepared to solve the NHS funding crisis?

As long as the political taboo on raising taxes endures, the service will be in financial peril. 

It has long been clear that the NHS is in financial ill-health. But today's figures, conveniently delayed until after the Conservative conference, are still stunningly bad. The service ran a deficit of £930m between April and June (greater than the £820m recorded for the whole of the 2014/15 financial year) and is on course for a shortfall of at least £2bn this year - its worst position for a generation. 

Though often described as having been shielded from austerity, owing to its ring-fenced budget, the NHS is enduring the toughest spending settlement in its history. Since 1950, health spending has grown at an average annual rate of 4 per cent, but over the last parliament it rose by just 0.5 per cent. An ageing population, rising treatment costs and the social care crisis all mean that the NHS has to run merely to stand still. The Tories have pledged to provide £10bn more for the service but this still leaves £20bn of efficiency savings required. 

Speculation is now turning to whether George Osborne will provide an emergency injection of funds in the Autumn Statement on 25 November. But the long-term question is whether anyone is prepared to offer a sustainable solution to the crisis. Health experts argue that only a rise in general taxation (income tax, VAT, national insurance), patient charges or a hypothecated "health tax" will secure the future of a universal, high-quality service. But the political taboo against increasing taxes on all but the richest means no politician has ventured into this territory. Shadow health secretary Heidi Alexander has today called for the government to "find money urgently to get through the coming winter months". But the bigger question is whether, under Jeremy Corbyn, Labour is prepared to go beyond sticking-plaster solutions. 

George Eaton is political editor of the New Statesman.