Zack Polanski’s economic agenda is dangerous…and popular March 19, 2026 There was a time when the Green Party was all about recycling, rewilding and veganism, but these days the economy forms the centrepiece of their pitch to voters. Yesterday their leader, Zack Polanksi, set out his party’s economic vision and he started with a diagnosis. He said people feel like they’re “running every day just to [...]
Interest rates set to be held as Bank backs ‘defensible strategy’ March 19, 2026 The Bank of England is set to hold interest rates at a crunch decision this afternoon as policymakers will opt for a “defensible strategy” in the face of uncertainty from the war in the Middle East. Markets have all but priced in a pause in interest rate cuts on Thursday, with most Monetary Policy Committee [...]
UK to raise steel tariffs in bid to ‘save domestic production’ March 19, 2026 The UK government has reduced steel import quotas and raised tariffs to 50 per cent outside unit limits as part of a strategy to save the industry, an “bold” move that is likely to draw criticism from economists and opposition groups. Quotas for imports free from the higher tariffs will be reduced by 60 per [...]
International investment into UK businesses dips March 19, 2026 High-growth British companies with international founders have seen significantly reduced cash injections from overseas over the last five years, raising concerns around inward investment into the UK. Sums raised by these companies have dropped 36 per cent since 2021, according to the latest analysis from Rathbones using data gathered from Companies House filings. The number [...]
Shepherd Neame braces for energy price shock as Iran war drives up costs March 18, 2026 Shepherd Neame has become the latest pub company to express concern over the spectre of rising energy costs after the war in Iran sent the price of oil soaring. The Kent-based brewer, pub and hotel group, which is listed on the Aquis stock exchange, said its energy was “heavily hedged” into the next financial year [...]
Pension transfers: Sluggish providers holding up your money March 18, 2026 Some UK pension providers and administrators are taking eighteen times longer to transfer retirement savings than their counterparts, leaving savers waiting months for their money to be moved. The fastest transfers took just five days, while the slowest took between a staggering 47 to 90 days, according to the latest analysis from Pension Bee. Some [...]
Borrowing can make a country rich… until it doesn’t March 18, 2026 Debt can fund investment. But when it is used to pay for today’s consumption rather than tomorrow’s growth, the bill becomes unbearable, says Martin Beck At a personal level, millions borrow to buy their first home, start a business or invest in education. Used wisely, debt allows people to bring forward opportunities that would otherwise [...]
City fears Rayner’s rise as she warns Starmer that Labour is ‘running out of time’ March 18, 2026 Angela Rayner’s ascendancy to the Labour leadership has been flagged as a risk for public finances as the former deputy prime minister said the party was “running out of time”. At a rally on Tuesday night, Rayner suggested that Labour was viewed as representing “the establishment” and said the party’s survival was “at stake”. She [...]
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 [...]
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 [...]