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      Andy Burnham discussing capital gains tax increase during a press conference, highlighting potential economic impacts

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  • Paysafe Research: First-Time and Casual Betting to Surge for 2026 World Cup

    January 16, 2026

    60% of World Cup fans plan to bet online, marking a major revenue opportunity for online sportsbooks with optimized payments tailored to local preferences

  • FTSE 100 Live: BP’s $5bn hit; Prudential taps ex-HSBC chair

    January 14, 2026

    Good morning and welcome back to the City AM liveblog. Investors were taking a back seat to risk on Tuesday after President Donald Trump’s latest salvo on the Federal Reserve rocked global markets. The US Department of Justice opened a criminal investigation into the Fed’s chair, Jerome Powell, as Trump escalated his crusade against the central bank’s [...]

  • Jamie Dimon warns markets are under-estimating global risks

    January 13, 2026

    The boss of JP Morgan, Jamie Dimon, has warned global markets not to underestimate current risks, as the US banking giant hiked its provisions for bad loans. The world’s most influential banker said that whilst the US economy had remained “resilient” and consumer and business trends were “generally healthy,” ongoing risks persisted. “Markets seem to under-appreciate [...]

  • Could this be 2026’s hottest stock market?

    December 29, 2025

    Global equity markets were dominated by US tech stocks this year, with indices whipsawing as investors either  piled money into markets or abruptly pulled out  depending on the strength of AI sentiment. The Nasdaq rocketed up 19.5 per cent, hitting its peak of $23,958.47 (£17,949.09) in October, while Trump’s ‘Liberation Day’ caused the index to hit [...]

  • Inflation can become a self-fulfilling prophecy

    December 19, 2025

    Managing inflation expectations will be a key challenge in the coming year, says Daniel Mahoney When does a prophecy become a reality? Since the 1970s, it has been conventional wisdom that the key to controlling inflation is controlling inflation expectations – but outside economics circles it is not often appreciated why. However, managing expectations increasingly [...]

  • Bank of England cuts interest rates to near three-year low

    December 18, 2025

    The Bank of England has delivered a pre-Christmas rate cut, reducing its central interest rate to 3.75 per cent amid a deteriorating labour market and signs price rises will continue to slow into the new year. In a close 5-4 vote that was decided by Andrew Bailey, the Monetary Policy Committee (MPC) chose to reduce [...]

  • ‘Chance of 2026 recession’ despite interest rate cut – follow live

    December 18, 2025

    Welcome back to the City AM liveblog. The Bank of England has handed Chancellor Rachel Reeves and the Labour government a highly-desired Christmas present today.  The central bank confirmed a chop to interest rates falling to 3.75 per cent – the lowest in nearly three years. It comes after inflation undershot expectations on Wednesday providing [...]

  • Bank of England expected to cut interest rates to nearly three-year low

    December 14, 2025

    The Bank of England is readying to cut interest rates to the lowest level in nearly three years, delivering a bout of “festive news” to borrowers, economists think. The Bank’s Monetary Policy Committee (MPC) is widely expected to reduce interest rates from 4% to 3.75% on Thursday. This would bring borrowing costs down to the [...]

  • ‘Time to worry about recession’ – Bank faces pressure to cut rates as economy shrinks

    December 12, 2025

    The Bank of England is coming under mounting pressure to give a shot in the arm to the ailing UK economy after fresh data revealed it suffered another contraction in October. The central bank’s Monetary Policy Committee (MPC) will meet next Thursday where economists are pencilling a 25 basis point reduction to interest rates taking [...]

  • Bank of England warns of rising global threat as lenders’ capital rules slashed

    December 2, 2025

    The Bank of England has warned of increased global risks to financial stability, even as it slashed rules imposed on UK lenders dictating the amount of capital they must hold. The central bank said “risks to financial stability have increased during 2025”. “Global risks remain elevated and material uncertainty in the global macroeconomic outlook persists,” [...]

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