Britain is ‘too pessimistic’ to succeed Economics Britain is in the grips of an overly pessimistic mindset that is preventing it from taking the risks and making the reforms needed to reawaken its economy, the former chair of Deutsche Bank has said. Dr Paul Achleitner said that while structural issues were largely behind the paucity of growth across Europe and the UK, [...]
Deutsche Bank moves into Revolut-branded Canary Wharf tower Deutsche Bank is set to take roughly 250,000 sq ft of office space in Canary Wharf’s YY building, the Financial Times has reported. The German bank will move into one of the Docklands’ biggest lettings of the year, providing the latest sign that the financial district’s fortunes are swinging back into recovery. People familiar with [...]
Reeves’ Budget will fail to rescue public finances, top bank predicts Economics Chancellor Rachel Reeves’ upcoming Budget will not live up to market hopes of fiscal caution nor will it solve problems around high government expenditure, analysts at a leading City bank have warned. Reeves has said she intends to build a larger fiscal buffer than £9.9bn in order to “absorb shocks” next week while the Budget [...]
FTSE suffers worst day since April amid credit market jitters October 17, 2025 The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets. Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time [...]
Gold has hit ‘peak trendiness’ analysts suggest October 13, 2025 The record gold rally of the past few months “may have peaked in trendiness”, a top investment bank has predicted despite the precious metal hitting fresh highs on Monday fuelled by Donald Trump’s threat last week to upend trade with China. Deutsche Bank said that while it was not predicting “an impending correction”, the length [...]
‘Storm of volatility’ carries gold past $4,000 per ounce October 8, 2025 A flurry of political drama across several major economies has stoked already existing fears around ballooning sovereign debt to fuel gold’s rise this year, market strategists have said, after the precious metal shot past $4,000 per troy ounce for the first time in its history on Wednesday. Analysts said the ongoing political impasses in France [...]
UK second most at risk from debt crisis of all major economies September 29, 2025 The UK is the second most likely major economy to face a debt crisis in the next two years, a fresh survey of financial professionals has found, as investors remain unconvinced by the country’s growth prospects and efforts to keep a lid on spending. According to a Deutsche Bank poll released on Monday, France is [...]
Bitcoin to form part of central bank reserves ‘by 2030’ September 23, 2025 Bitcoin will “coexist with gold” on central bank balance sheets as soon as 2030, one of the world’s largest banks has predicted, as banks’ continued move away from the dollar and the cryptocurrency’s falling volatility boost its credentials as a reserve currency. Strategists at Deutsche Bank predicted that bitcoin “will join gold in many central [...]
Watch: Reeves fights back against critics ‘talking rubbish’ September 4, 2025 It’s not just Angela Rayner who finds herself on the defensive; Rachel Reeves has come out fighting – claiming many of her critics are talking rubbish. Who could she be talking about? Imagine returning from your summer break to find that your boss has poached your deputy and hired a brace of advisers to advise [...]
UK inflation to rise as summer spending pushes up hotels and airfares August 17, 2025 UK inflation is set to have edged higher last month as summer spending pushed up flight and hotel costs, and food prices continue to climb. One economist said an “Oasis bump” could have contributed to higher accommodation prices in July. Consumer Prices Index (CPI) inflation is widely expected to have increased in July, from the [...]