Britain must stop dithering over digital finance November 3, 2025 Crypto and stablecoins are now mainstream. The race to set the rules is already on – and it’s being run in dollars, not pounds, says Kulveer Ranger Last week in Washington DC, I was reminded that while the United States may not have all the answers on digital assets, it is already writing the questions [...]
Private credit: Ponzi scheme or panacea? November 3, 2025 Over the past decade, the private credit industry has ballooned from arcane financial solution to a core pillar of asset management. But recent tremors in corporate debt markets have led several economic institutions to warn of its risks to the global economy. Ali Lyon asks: how worried should we be? What kept you awake at [...]
Is Nigel Farage right about Bank of England independence? November 3, 2025 Nigel Farage’s economic policies are neurasthenically inconsistent, but he has opened the door to a debate we need to have about whether Gordon Brown’s settlement for the Bank of England is fit for purpose, says Eliot Wilson Nigel Farage is a practised veteran at grabbing the headlines with a provocative-sounding but ultimately empty remark. Speaking [...]
UK unemployment rate to hit 5 per cent next year, EY predicts November 3, 2025 The UK’s unemployment rate is set to rise to five per cent in the beginning of next year before falling back, a leading forecaster has said. In its latest update on forecasts for UK growth, EY ITEM Club has suggested that the UK jobs market is set to see a further decline in the next [...]
Motor finance, Madoff fraud, tax fears – bank shares defy the noise October 31, 2025 A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog investors are rewarding the FTSE 100’s top lenders for another bumper quarter. The FTSE 350 banks index has risen nearly four per cent this month and is up 17 per cent for the [...]
Will the Autumn Budget push up inflation? October 30, 2025 For a few weeks, there was one thing Rachel Reeves appeared to speak about more than anything else: inflation. Earlier this month, the Office for National Statistics (ONS) confirmed inflation hit 3.8 per cent in the year to September, nearly double the Bank of England’s target rate. The IMF and the OECD said the UK [...]
New Principality Stadium naming rights deal ‘challenging’, says former negotiator October 30, 2025 The timing of a new deal for the naming rights of Cardiff’s Principality Stadium has been described as “challenging for Welsh rugby” given the state of the game across the River Severn. The 73,931-capacity stadium on the banks of the Taff is the fourth largest in the UK and plays host to the Wales rugby [...]
Forvis Mazars tax partner: I’m confident we can handle the next 12 months October 30, 2025 Raj Bhundia, tax partner at Forvis Mazars, takes us through his career, favourite City spots and his confidence for the next year.
Business owners still plan staff cuts due to last year’s NICs raid October 30, 2025 Nearly half of business owners are still planning to reduce headcounts in response to Chancellor Rachel Reeves’ £25bn tax hike on employers’ national insurance contributions (NICs), a new survey has indicated, pointing to the long-lasting economic effects of a brutal tax raid in her first Budget. Reeves made sweeping tax hikes last year to fund [...]
Keir Starmer may not survive this Budget October 30, 2025 The Prime Minister cannot satisfy all three key audiences: the markets, the party, and the public, says Helen Thomas Every Prime Minister faces a moment when economic reality collides with political promise. For Keir Starmer, Budget day could be that moment of reckoning. He promised calm after chaos: that the grown-ups were back in charge, [...]