Starling revs up Engine with City hiring spree December 16, 2025 Starling is motoring into 2026 with its foot firmly on the pedal, injecting a fresh pump of gas into the group’s technology arm. The UK fintech veteran is planning to shift its software-as-a-service (Saas) banking platform into top gear with a major hiring spree across London. The platform, known as Engine, is a subsidiary of [...]
Inflation to remain sticky before interest rates call December 15, 2025 Inflation is expected to remain stubbornly high in fresh data to be released on Wednesday, adding greater scrutiny to the Bank of England’s upcoming interest rates decision. Price growth is set to remain at 3.5 per cent in the year to November, a slight fall from the month before, according to consensus established by Trading [...]
Reform UK to offer bumper bonus to high-performing civil servants December 15, 2025 Nigel Farage’s Reform UK would offer bumper bonus payments to the best-performing civil servants delivering on government policy and objectives. In a shake-up of how Whitehall works, Reform UK’s Danny Kruger revealed the party would increase the bonus pool for performance-related pay by five times. The new budget would be aimed at retaining the “finest [...]
Crypto firms face clamp down from Treasury and watchdog December 15, 2025 Cryptocurrencies will face regulation like any other financial products under new laws announced by the Treasury. Firms that offer crypto products will fall under the Financial Conduct Authority’s jurisdiction as part of new rules requiring digital assets providers to meet a set of standards from the City watchdog. The Labour government said the new legislation, which comes into [...]
FTSE 100 Live: Budget hits hiring market as economy feels pinch December 15, 2025 Good morning and welcome back to the City AM liveblog. On Friday, the Labour government’s mission for economic growth proved to be not just sluggish but in free fall. The latest figures published by the Office for National Statistics (ONS) dealt another blow to Rachel Reeves as new data showed production output shrank 0.5 per [...]
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 [...]
Bank of England poised to slash interest rates December 13, 2025 The Bank of England is expected to cut interest rates by 25 basis points to their lowest level in nearly two years at a crunch decision next Thursday. Markets and leading economists have priced in a cut to Bank Rate to 3.75 per cent amid fears activity in the UK economy is stalling and 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 [...]
Sumer Group, champions of SMEs, leading the way towards economic growth December 12, 2025 They tackled Brexit head-on, survived Covid, coped with the impact of the war in Ukraine and battled rising costs. The latest growth forecast from the Office for Budget Responsibility presents a further challenge with the OBR reducing their expectations for productivity growth by 0.3ppts to 1 per cent. In times of uncertainty these businesses have [...]
R360 or Ultimate Sevens: Which rugby project would I invest in? December 12, 2025 Everyone is an investment expert these days, with a proposal they say will save rugby and a project that will see a return on that backing. Whether it is the Prem Rugby franchising project, a developing league in the United States or South America, the delayed R360 proposal or the Ultimate Sevens project; there’s an [...]