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Rachel Reeves

  • Starmer promised a calmer politics – how’s that working out?

    November 13, 2025

    They say that if you’re explaining, you’re losing. That quote, attributed to Ronald Reagan, came to mind yesterday as I watched Keir Starmer squirm his way through howls of laughter in the House of Commons as he insisted “we are a united team.” This was fish in a barrel stuff for Tory leader Kemi Badenoch, [...]

  • How did South Korea clinch the top spot in global markets?

    November 13, 2025

    Stock markets across the globe have shrugged off months of geopolitical and economic turmoil with all major indexes rallying since the start of the year. The FTSE has risen 19.8 per cent since January, hitting record highs,while the Nasdaq has jumped 21.7 per cent buoyed by the AI boom, and Japan’s Nikkei 255 reaped the [...]

  • Reeves’ £28bn wealth fund under fresh scrutiny  

    November 13, 2025

    Rachel Reeves’ flagship National Wealth Fund has come under scrutiny after an audit identified “weaknesses” in the multi-billion pound vehicle’s risk controls. An audit of the National Wealth Fund (NWF) pointed to potential failures in the effectiveness of risk, management, governance and internal controls. Whilst the findings from the report confirmed “improvements have taken place”, [...]

  • Leadership spat sends jitters through bond markets

    November 13, 2025

    Jitters coursed through UK bond markets on Wednesday after a leadership crisis engulfing the Labour government  triggered a jump in gilt yields, leading investors to warn that more political instability risked exacerbating the ‘moron premium’ applied to UK borrowing costs. Interest on 10-year gilts rose by three basis points, while the pound slumped to its lowest level [...]

  • UK must stop treating wealth as an offence

    November 13, 2025

    Wealth creators are not a target, but the UK’s greatest economic fuel. The government won't get anywhere before it recognises it.

  • Reeves and Starmer are now at the mercy of the markets

    November 13, 2025

    A government elected on competence and stability may now gamble both to stave off internal revolt. For investors, the message is that British politics has not regained the calm that markets briefly hoped for, says Helen Thomas The markets once again have a starring role on the stage of political intrigue. Allies of the Prime [...]

  • If income tax thresholds remain frozen benefits should too

    November 13, 2025

    Consistency matters. If the fiscal situation is truly so dire that tax thresholds must remain frozen, then the same logic should apply to spending, says John O’Connell The biggest casualty of the upcoming Budget will not be the rich or the poor. It will be those who are caught in the middle: the working and [...]

  • Shawbrook’s private equity owner eyes another £3bn IPO

    November 12, 2025

    The private equity owner of specialist lender Shawbrook is eyeing another blockbuster listing for one of its portfolio companies, fresh reports have suggested. Pollen Street Capital is understood to be laying the groundwork for an IPO for its UK insurer Markerstudy with conversations underway with investment bankers over a listing that could value the firm [...]

  • Starmer under fire over No 10 briefings against Streeting

    November 12, 2025

    Keir Starmer attempted to distance himself from anonymous attacks made by senior Downing Street officials against health secretary Wes Streeting on Tuesday night, though he defended his “united team” working at Number 10. In an awkward Prime Minister’s Questions for Starmer, the Prime Minister said briefings against Cabinet ministers were “unacceptable”. He said he backed [...]

  • FTSE 100 closes in on 10,000 after outperforming US indices 

    November 12, 2025

    The FTSE 100 is inching a step closer to the magic 10,000 mark after almost a year of outperforming counterparts across the Atlantic. London’s blue-chip index rallied on the open before giving up some gains to settle on a broadly flat level. It follows two consecutive record closes with the City shrugging off bubbling tensions [...]

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