What today’s central bankers can learn from the late Alan Greenspan June 22, 2026 Former chair of the Fed Alan Greenspan has died today, leaving a great legacy and many lessons for policy makers today, says Ben Ramanauskas Alan Greenspan, Chairman of the Federal Reserve for nearly two decades, died yesterday at the age of 100. While his passing will receive little media coverage due to the resignation of [...]
CRH to Acquire Arcosa; Leading U.S. Provider of Aggregates and Critical Infrastructure Products for $8.5B June 22, 2026 Strengthens CRH as the #1 infrastructure player in North America and reinforces CRH as the leader in U.S. aggregates Acquisition is highly complementary, advancing CRH’s strategy to build an aggregates-led, connected portfolio aligned with growing infrastructure megatrends Transaction expected to be accretive(1) to earnings, margin and cash flow in the first 12 months post-completion, demonstrating CRH’s ongoing commitment to accelerating growth through value-creating capital allocation CRH to host investor call today at 8:30 a.m. Eastern Daylight Time
HMRC has been overtaxing pensioners for a decade- have you been affected? June 22, 2026 Two weeks ago it was revealed that HMRC has been overcharging millions of pensioners on their tax bill for at least a decade. The taxman had knowingly overcharged taxpayers in receipt of their state pension because of an error in how their income was calculated each year, increasing the bills of up to 8.7m pensioners [...]
The world needs an answer on climate finance – it’s London June 22, 2026 The UK is the largest market globally for project-level financing for clean energy, the biggest in Europe for private investment in green tech, and has topped the global green finance centre rankings for eight consecutive edition, says Dame Susan Langley As the City of London Corporation marks the fifth instalment of the Net Zero Delivery [...]
Who could be Andy Burnham’s Chancellor? June 22, 2026 As speculation over the Labour leadership grips Westminster, Maurício Alencar looks at the possible candidates for the next Chancellor – an appointment that will face heavy scrutiny by the markets. Andy Burnham’s journey toward Downing Street so far has featured scores of polls outlining his popularity among Labour members and the public, Labour MPs travelling [...]
Kaleb Cooper: Brits don’t care about the price of milk June 19, 2026 Brits don’t care about the price of milk, Kaleb Cooper has said, as he urged shoppers to buy more locally-made produce. The Clarkson’s Farm star told City AM that farmers would be “very, very grateful” for price rises if passed on to producers amid a battle to stay profitable in the face of higher costs. [...]
Bank of England unveils Armageddon stress test scenario ‘more severe than the financial crisis’ June 19, 2026 The Bank of England is poised to probe how private markets’ respond to a theoretical financial Armageddon scenario in which stocks plummet and prices soars that industry figures have said is more severe than the global financial crisis. Watchdog officials will scrutinise how alternative asset managers react to the scenario’s five-year downturn in financial conditions [...]
Burnham must walk a tightrope on his ascent to Downing Street June 19, 2026 After Andy Burnham cleared the path for a run at the Labour leadership with an emphatic win in the Makerfield by-election. Maurício Alencar sketches out what an Andy Burnham government could look like – and the balancing act he faces on the way there Despite romping home to victory in the Makerfield by-election on Friday, [...]
The Bank of England is keeping Britain in the waiting room June 19, 2026 The MPC’s decision to holding the Bank rate for the fourth meeting is downstream of a government, and a country, that’s run out of ideas, says Emmanuel Igwe What sound does a country make when it has run out of ideas? Rather than cacophonous noise or a muted groan, I would say that sound is [...]
UK government borrowing overshoots expectations on day Burnham elected June 19, 2026 UK government borrowing jumped higher than expected than expected in May, official data has shown, with Andy Burnham’s win in Makerfield now setting up a potential shift in public finance forecasts. The Office for National Statistics said the government’s net borrowing was £23.2bn in May, above economists’ £19bn prediction. Further government borrowing came as debt [...]