After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Bailey warns AI may not ‘live up’ to market hype Markets Bank of England governor Andrew Bailey has warned that AI “may not live up to market expectations” and deliver returns fast enough to investors, risking a sharp fall in valuations. Bailey said in a speech in Zurich that it may take longer for investors to reap the benefits of heavy AI investment than it is [...]
Hiring rate declines in October in ‘end to positive news for jobs’ Economics Hiring activity declined in October, reversing momentum in the jobs market over previous months. Data compiled by a leading industry group showed the number of permanent placements fell last month at the second-fastest pace this year as employers pulled back on hiring. Vacancies also continued to fall although the drop was the softest in over [...]
Another Budget: Perceptions, Reality and Delay Sponsored Central London Alliance (CLA) examines whether the Budget has done anything to restore business confidence, encourage investment and put London on a path to sustainable growth. Purpose The ‘not another one!’ previous exclamations could reasonably have referred to yet another Prime Minister. Another Chancellor. Another Budget, the third under this Government. Or a signal that [...]
A rate rise is the right decision, but stop blaming Iran November 6, 2026 The Bank of England’s unanimous decision to raise interest rates to four per cent reflects serious concerns over persistent inflation, not just external shocks. The government most now address root cost issues rather than blaming external factors like the war in Iran, says Emmanuel Igwe The war in Iran has been central to the Bank [...]
House prices suffer biggest drop in three years November 6, 2026 House prices suffered their biggest fall in more than three years in October, with buyers’ confidence now in danger of slumping lower after Thursday’s interest rate hike. The average house price in the UK fell by 1.2 per cent to £296,285 in the 12 months to October, according to the Lloyds house price index. This [...]
Mortgage holders brace for ‘painful rise’ after interest rate hike November 5, 2026 Mortgage holders are bracing for a “painful rise” in payments after the Bank of England tightened monetary policy for the first time since mid-2023. The Bank’s Monetary Policy Committee raised interest rates to four per cent in a bid to stop inflation spiralling out of control amid the ongoing conflict in the Middle East. But [...]
Bank of England hikes interest rates to four per cent as inflation set to spike November 5, 2026 The Bank of England has raised interest rates to four per cent as all policymakers agreed to tighten monetary policy in a bid to stop inflation from spiralling in the next year. The Bank’s Monetary Policy Committee hiked interest rates for the first time since mid-2023, with policymakers warning another hike could come in upcoming [...]
Why the Bank of England’s united interest rate hike signals more to come November 5, 2026 Comments from members of the Bank of England’s rate-setting committee suggest more interest rate hikes are on the way, writes Mauricio Alencar. ‘Stands to ready to act’ was the Bank of England’s mantra for most of this year as it waited for higher energy prices to trickle through the UK economy. After today, the Monetary Policy [...]
On this day: Robert Maxwell dies November 5, 2026 On this day, 5 November 1991, the body of Robert Maxwell was dredged up from the Atlantic Ocean. Eliot Wilson traces the rise and fall of the media tycoon.
David Buik: The City needs a bit more fun November 5, 2026 No one alive has worked in the City longer than David Buik. He tells Ali Lyon what’s changed since his first day in September 1962, and what, mercifully, has remained the same. It is 12:30 on a mild Tuesday afternoon, and as he takes to his blue leather stool and peruses his paper menu, David [...]