Bank of England chief economist ‘not trying to be a troublemaker’ on rates split June 29, 2026 The Bank of England’s chief economist has warned fellow policymakers over the risk of becoming “complacent” towards the cost of living as he defends his recent calls to hike interest rates. Huw Pill, a member of the central bank’s Monetary Policy Committee, has voted twice to increase rates to 4 per cent in the committee’s [...]
A meeting with the breakfast king of Mayfair June 29, 2026 He’s a life insurance salesman who dines at Claridge’s thrice daily. Anna Moloney meets the breakfast king of Mayfair.
Mercedes-Benz slammed for swerving payout for car with ‘serious safety risk’ June 29, 2026 Mercedes-Benz’s finance arm has been slammed by the UK’s banks ombudsman for “very poor” handling of a motor finance dispute where a consumer’s car showed “serious” electrical faults. The financial services arm of the German carmaker has been ordered to refund with interest 50 per cent of all monthly payments made by a customer after [...]
Burnham to unveil plans for devolution and ‘reindustrialisation’ June 28, 2026 Andy Burnham will unveil plans to devolve power away from London and shift some government operations to a “Number 10 in the North”, as the Prime Minister-to-be calls for a change in “how Britain is governed”. In a speech focused on growth on Monday morning, Burnham will say that a 10-year plan will focus on [...]
Whoever’s our next PM, please let the City help you June 28, 2026 No matter who inhabits 10 and 11 Downing Street, the City Corporation is ready to help drive growth, writes Chris Hayward.
Senior Labour figures downplay public appetite for general election June 28, 2026 Senior Labour figures have downplayed the British public’s appetite for a general election to secure any major policy shifts under a new leader and have insisted the party is united behind Andy Burnham. Talking to Sky News on Sunday, housing secretary Steve Reed suggested Keir Starmer’s possible successor would introduce “changes in emphasis” but stick [...]
LSE draws up ‘worst case scenario’ US listing flight risk June 28, 2026 As many as 20 FTSE 100-listed companies may move direct listings to New York, leaving a £2bn gap in the Treasury’s earnings from stamp duty on share trades. This includes blue-chip companies HSBC, London Stock Exchange’s largest firm, telecoms companies BT and Vodafone, and drinks giant Diageo which owns a global portfolio of well known [...]
Top Burnham adviser calls for capital gains and inheritance tax hikes June 28, 2026 Andy Burnham’s top adviser has called for capital gains and inheritance tax to be hiked and the fiscal rules to be loosened so the government can borrow billions. Ex-transport secretary Louise Haigh, who led Burnham’s Makerfield campaign and is set to take a senior position in his Cabinet, is also pushing to dismantle the Treasury. [...]
Good call: How Wimbledon’s comms help it to avoid break points June 28, 2026 Wimbledon’s success lies in heritage, prestige and scale but its disciplined communications also give it a competitive advantage, writes Jess Chan. Wimbledon is one of the most commercially successful institutions in global sport. I won’t dispute that its heritage is to be credited for its prestigious reputation. But its biggest competitive advantage is how it [...]
Mahmood unveils refugee sponsorship route as asylum bill faces Labour test June 27, 2026 Home secretary Shabana Mahmood has unveiled plans for businesses and universities to sponsor refugees to come to Britain, as she seeks to shore up support for a wider asylum overhaul expected to face resistance from parts of Labour. The Home Office said it would introduce new “capped safe and legal” routes from later this year, [...]