After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
As it happened: Stocks reverses early gains after tech sell-off; interest rates hiked November 5, 2026 Welcome back to City AM‘s FTSE 100 liveblog. The Bank of England has raised interest rates for the first time in three years. The central bank’s Monetary Policy Committee (MPC) voted in a 8-1 split to hike rates to four per cent as concerns surrounding the inflationary impact of the Iran war dragged on. Meanwhile, [...]
City searching for signals as Bank of England set to hike interest rates November 5, 2026 City traders are searching for any signs the Bank of England could move faster in hiking interest rates in the coming months with policymakers widely expected to tighten monetary policy on Thursday . The Bank’s Monetary Policy Committee is set to lift interest rates from 3.75 per cent to four per cent in a bid [...]
Bank of England set for ‘further interest rate hikes’ as businesses boost jobs November 4, 2026 The Bank of England is likely to raise interest rates several times in the coming months after businesses increased their headcount for the first time in over two years, analysts have predicted. Survey figures released by S&P Global, which are closely monitored by government officials and central bankers, showed stronger activity across services firms. [...]
City AM Shadow MPC urges Bank of England to hike interest rates November 4, 2026 The Bank of England should raise interest rates on Thursday in order to “protect credibility” and stamp out any risks of inflation spiralling out of control, top economists have said. City AM’s Shadow Monetary Policy Committee, which consists of leading economists across industry and academia, has called on the Bank to lift interest rates by [...]
Mortgage squeeze looms for millions as more families ‘financially strained’ November 3, 2026 More people are feeling a financial strain than at any other time in the last two years, polling has shown, with a rise in mortgage bills set to put household budgets under greater pressure. New City AM/Freshwater Strategy polling has suggested that half of mortgage holders will come off fixed-rate deals by the end of [...]
Rachel Reeves claims £66bn tax raid made UK ‘stronger’ November 3, 2026 Rachel Reeves has launched a defence over her two tax-heavy Budgets, claiming they enabled a “stronger fiscal buffer” and shifted the “tax system towards rewarding work”. In her first major speech since been ousted as Chancellor, Reeves said she made “difficult choices” that were “not without controversy” but defended them as helping end the UK’s [...]
Barclays and Natwest layoffs signal start of banking’s AI job squeeze November 3, 2026 Barclays, Natwest, Lloyds and HSBC toasted to a £14n profit haul in the third-quarter but sweeping job cuts stole the show. Samuel Norman takes a look at what the last three months signal for the sector’s future. As bank leaders stepped up to the podium for third-quarter earnings, the agenda had already been set for [...]
Finance chiefs warn Treasury against delaying crypto strategy November 2, 2026 Nearly a dozen industry bodies have warned the Chancellor not to delay plans to develop a central strategy on the regulation and adoption of cryptocurrencies and digital assets ahead of a pivotal vote in parliament. Bosses from the likes of Innovate Finance, The City UK and Tech UK urged John Healey to recommit to publishing [...]
London’s house builders and consumer groups targeted by short sellers November 2, 2026 House builders and consumer groups are coming under pressure from short sellers as investors bet on a downturn across both sectors in the coming months. The number of London-listed firms with over five per cent of their shares held short more than doubled from 27 to 60 in the three months to October, according to [...]
Banks battle for mortgages ahead of looming interest rate hike November 2, 2026 Britain’s biggest banks are battling for mortgage market share on razor-thin margins even as borrowers rush to remortgage ahead of looming interest rates hikes. The central bank is expected to lift its base rate to four per cent on Thursday – its first hike in three years – following a sharp resurgence in inflation. The [...]