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      Bank of England’s Bailey: Interest rate cuts not on the horizon

      Andrew Bailey addressing economic policies at a press conference, emphasizing financial stability amidst market challenges

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Business

  • Wetherspoon sales could turn flat as cost pressures brew

    March 18, 2026

    Never known to shy away from calling out the issues that push up the price of a pint, JD Wetherspoon boss Tim Martin looked to be setting expectations at the weekend when he warned the war in Iran will hit punters in their pockets.  The UK’s best-known pub chain will announce its half-year finances on [...]

  • Senegal to fight ‘iniquitous and unprecedented’ Afcon decision at CAS

    March 18, 2026

    Senegal’s football association has vowed to launch a legal challenge at the Court of Arbitration for Sport against the decision to strip it of the Africa Cup of Nations (Afcon) and hand the title to Morocco. Two months after Senegal beat the hosts 1-0 in a controversial final, the Confederation of African Football (CAF) announced [...]

  • Nocturne: Why elite cycling is returning to City’s streets

    March 18, 2026

    We are excited to be bringing cycling back to the Square Mile with The City of London Nocturne this June. Raising money for Great Ormond Street Hospital, this is a new event which takes inspiration from the original Smithfield Nocturne, which I was fortunate to organise for a decade, finishing in 2017. The return of [...]

  • Diploma: Shares in FTSE 100 giant boom after profit upgrade

    March 18, 2026

    Shares in specialist tech supplier Diploma boomed on Wednesday morning after the group slapped a hefty upgrade on its financial targets for 2026. The firm’s stock was up as much as 15 per cent on open to 5,771.06p. It came as the FTSE 100 giant said it expects revenue growth to come in at nine [...]

  • Ex Titan Wealth chief executive is back to tackle the market once more

    March 18, 2026

    The former chief executive of Titan Wealth has launched a new wealth management business in a bid to modernise the traditional market. Derek Miles, who is also the former chief executive of Aspira, launched Nine Edge Wealth on Wednesday with co-founder Kyle Augustin, who was previously chief executive at Fintel IQ. Jo Blake, also formerly [...]

  • Nigel Farage Bitcoin firm turns to the public to raise cash – at double the price

    March 18, 2026

    A Bitcoin business run by former Chancellor Kwasi Kwarteng which counts Nigel Farage as one of its biggest investors has turned to the public to raise cash. Stack BTC, which is listed on London’s Aquis stock market, is seeking to raise as much as £250,000 from retail investors via the issue of fresh shares. But [...]

  • FTSE 100 Live: Diploma leads stocks as pound ticks up; Oil dips

    March 18, 2026

    Good morning and welcome back to the City AM liveblog. The FTSE 100 index closed up 0.8 per cent higher on Tuesday at 10,403.60p. The gains were accompanied by a stronger performance from the pound, which finished up $1.334 by the time London markets closed, compared to $1.329 on Monday. Sterling and the City were [...]

  • The Debate: Should we put rats on our banknotes?

    March 18, 2026

    Churchill's been ditched from UK banknotes. Is the rat a worthy successor? We hear the case for and against in this week's Debate.

  • Political comfort blanket masquerading as a growth strategy

    March 18, 2026

    Rachel Reeves has warned that we’ve entered “an age of insecurity” – and she wasn’t referring to Keir Starmer’s precarious grip on power. In declaring that “globalisation as we’ve known it is over” the Chancellor set out her response to this hard-edged new reality, focusing on regional growth, closer ties with the EU and a [...]

  • Third of first-time buyers rely on bank of mum and dad

    March 18, 2026

    Around a third of first-time buyers receive help from family and more than half rely on at least two full-time incomes, as access to first-time home ownership has collapsed this century. As many as 52 per cent of first-time buyers now rely on at least two incomes, up from just 40 per cent in the [...]

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