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      Bank of England Governor Andrew Bailey has suggested financial markets could crash if sovereign debt levels continue to spiral.

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european union

  • UK has ‘done little to diverge’ from Europe since Brexit

    February 24, 2026

    The UK has “done little to diverge” with the European Union on regulation since Brexit, a new report suggests, but that has not stopped the bloc’s own legislation increasing divergence between the two jurisdictions.   Across a swathe of issues, analysts at UK in a Changing Europe (UKICE) said the UK had cleaved much closer to [...]

  • ‘I can do terrible things’: Trump launches fresh tariffs tirade

    February 23, 2026

    The government has said that no response to Donald Trump’s revived trade onslaught is off the table, after the President warned he could still do “terrible things” to the US’s trading partners despite his ‘liberation day’ tariffs being deemed illegal by the Supreme Court. A spokesman for the Prime Minister told reporters that while “no [...]

  • UK needs deeper integration with EU, says Starmer

    February 14, 2026

    The UK will seek “deeper economic integration” with the European Union and move closer to the single market in more sectors, Sir Keir Starmer has said. Speaking at the Munich Security Conference, the Prime Minister admitted the current “status quo is not fit for purpose” and the UK needs to work closer with the European [...]

  • ‘Very clever’ – Mandelson shared sensitive advice with Epstein at height of Eurozone drama

    February 3, 2026

    Peter Mandelson sent Jeffrey Epstein sensitive advice concerning the liquidity of the UK financial system and the stability of the euro that had been shared with Prime Minister Gordon Brown. In the exchange, which took place in May 2010 at the height of the Eurozone debt crisis and in the turbulent political aftermath of the [...]

  • Division in Davos: EU warns tariffs could hit US ‘very quickly’

    January 21, 2026

    The EU has warned that its retaliatory tariffs could be implemented “very quickly” after President Trump doubled down on his desire to annex Greenland.  The EU’s economic commissioner Valdis Dombrovskis, said the EU was prepared to respond to US tariff threats, dialling up the risk of an extraordinary clash between the world’s largest economy and [...]

  • Peter Kyle: Tariff tension could delay UK-US trade talks

    January 20, 2026

    Donald Trump’s threat to unleash another round of tariffs on UK goods could delay work on the UK-US trade deal’s final stages, according to business secretary Peter Kyle, who branded the latest tensions “lose-lose” for Britain and America’s economies. The minister for business and trade warned the White House’s move to charge a 10 per [...]

  • The City has moved on from Brexit

    January 14, 2026

    Whisper it, but Brexit is slowly inserting itself back into our national conversation. We remain, thankfully, a long way from the frenzied tribalism of the referendum campaign or the energy-sapping parliamentary drama that followed, but while these days Nigel Farage may be more interested in small boats than backstops, the issues is being discussed – [...]

  • EU banking rules could ‘choke investment’ from booming City

    January 14, 2026

    The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]

  • City pushes back against closer ties with EU

    January 9, 2026

    Keir Starmer’s plan to foster closer economic ties with the European Union is likely to exclude financial services after senior City figures pushed back against the reintroduction of EU regulations. The prime minister has called for “closer ties” with the EU in a bid to boost economic growth, with senior cabinet members including justice secretary [...]

  • Electric vehicle sales set to experience slowest growth since the pandemic

    January 3, 2026

    Electric vehicle sales are set for their slowest annual growth since the pandemic damaged sales in 2020, as demand for the vehicles weaken. First reported by the Financial Times, electric vehicle (EV) sales are expected to reach just 13 per cent to 24m in 2026, down from an estimated 22 per cent increase last year, [...]

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