Bank of England holds interest rates at four per cent amid Budget fears November 6, 2025 The Bank of England has held interest rates at four per cent amid caution around high inflation levels ahead of Chancellor Rachel Reeves’ crucial Budget in three weeks. The Bank’s Monetary Policy Committee (MPC) voted 5-4 to hold interest rates as Governor Andrew Bailey, who made the deciding call at the latest meeting, said he [...]
Rachel Reeves must resign if she hikes income tax November 6, 2025 Exactly a year ago today, which was exactly a week after Rachel Reeves’ first Budget – I wrote that the Chancellor’s policies would give Brits the hangover from hell. So, one year on, how are you feeling? My reference to a hangover was inspired by the government’s absurd post-Budget boast that they’d taken a penny [...]
Construction industry sheds workers at steepest rate in five years November 6, 2025 The UK’s construction industry suffered another crippling hit in October after the rate of job shedding hit its steepest level in just over five years. The latest Purchasing Managers Index (PMI) from S&P Global showed the sector had tumbled to 44.1 last month, down from 46.2 in September. This marks the tenth consecutive month the [...]
Bank of England Live: Bailey refuses to confirm if Budget influenced rates decision November 6, 2025 Welcome back to the City AM liveblog. Andrew Bailey has refused to confirm whether the upcoming Budget and Rachel Reeves’ recent comments influenced his decision on interest rates. The Bank of England has held interest rates at four per cent in its final decision before the Autumn Budget. The Bank’s Monetary Policy Committee (MPC) voted [...]
TITAN Group: Nine-Month 2025 Results November 6, 2025 Regulatory News: Titan SA (Euronext Brussels, ATHEX and Euronext Paris, TITC) announces the nine-month 2025 financial results. Record nine-month EBITDA profitability and a positive outlook Group Sales YTD increased by 1.4%, at €2,013m, thanks to the strong performance in Greece, in the US & in Egypt, driven by increased volumes and overall firm pricing levels. [...]
SES Delivers Solid 9 Months and Q3 2025 Results November 6, 2025 SES S.A. fully consolidates Intelsat from 17 July 2025 and announces financial results for the nine months and three months ended 30 September 2025 with solid operational and financial performance. Solid 9 months 2025 financial performance on a reported basis (Intelsat fully consolidated from 17 July 2025) Revenue of €1,747 million (+19.8% yoy(1)) and Adjusted [...]
Business chiefs tell Reeves to make ‘unpopular’ tax decision November 6, 2025 Business chiefs have urged Rachel Reeves to take a bolder approach at the Budget and consider “unpopular” decisions to break Labour Party manifesto commitments. Members across the Confederation of British Industry (CBI), one of the UK’s largest industry groups, have urged the Chancellor to focus on boosting investment and productivity for the long-haul. Business leaders [...]
London office starts lowest in 15 years November 6, 2025 New starts on London office developments have fallen to their lowest level since 2010, City AM can reveal, as stubbornly high interest rates and thorny planning laws continue to blight construction in the capital. In the 12 months to October, construction got under way on just 2.5m square feet (sq/ft) of London office space, less [...]
Stay with me here… how about a pensions QUADRUPLE lock? November 6, 2025 Tom Harwood presents a pensions policy that is both money saving and popular: promise that Pensions will NEVER go down in cash terms; Pensions will NEVER go down in real terms; Pensions will RISE every year; and 4. Pensions will GO UP in line with CPI inflation This week Rachel Reeves rolled the pitch of [...]
Reeves may reassure the markets, but her political future is at risk November 6, 2025 Reeves’ speech was intended to steady nerves but instead will ignite the internal struggle that defines Labour’s next phase in power, says Helen Thomas With just over three weeks to go until the Budget, Chancellor Rachel Reeves has decided she can’t wait any longer. The pitch has to be rolled, the ground prepared, and the [...]