Tories consult senior barrister over ‘outrageous’ Wandsworth tax hike September 18, 2026 Kemi Badenoch has said the Conservative party has consulted a senior barrister to challenge the government over local funding cuts, following the recent controversy over looming tax hikes at Wandsworth Council. Wandsworth Council, which is Tory-run, has recently announced that taxes will rise by 94 per cent for ‘band D’ residents, resulting in taxpayers having [...]
Mark my words: tax rises are coming September 18, 2026 After Rachel Reeves’ tax raids of over £40bn in her 2024 Budget and £26bn in the 2025 edition, it should be inconceivable that John Healey will come back for more. Yet all the sights point in that direction, says Emma Revell No City AM reader could be unaware that Britain’s current economic outlook is not [...]
Ignorance is no excuse for Labour’s economic failures September 18, 2026 John Healey is copying Rachel Reeves’ technique of gaslighting the nation into thinking he had no idea what the bind markets and OBR have been screaming at every fiscal event, says Tom Harwood It feels like “I Got You Babe” by Sonny and Cher should have been irritatingly on repeat every morning this week. Why? [...]
On This Day: Scotland says “nae thanks” to independence September 18, 2026 On 18th September 2014, Scotland voted against 55 per cent to 45 per cent against independence in a referendum that was supposed to settle the question for a generation, writes Eliot Wilson It is firmly within my lifetime that the idea of Scottish independence was a harmlessly quirky cause on the fringes of politics. After [...]
As it happened: Stocks slip as London’s rally loses momentum September 18, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Stocks in London fell this morning as a three-day rally faded and erased much of the gains made following the Bank of England’s decision to hold interest rates yesterday. The FTSE 100 was trading down nearly one per cent at 12:50pm, dragged lower by falls for Shell [...]
First Trust Global Portfolios Management Limited Announces Distributions for certain sub-funds of First Trust Global Funds ICAV September 17, 2026 First Trust Global Portfolios Management Limited (“FTGPM”) announces the declaration of the distributions for the following sub-funds of First Trust Global Funds ICAV (the “ICAV”), ISIN Fund Name Frequency Dividend per Share IE00BWTNMB87 First Trust US Large Cap Core AlphaDEX® UCITS ETF Class B Quarterly 0.1983 (USD) IE00BWTNM966 First Trust Germany AlphaDEX® UCITS ETF Class [...]
Borrowing costs fall after Bank of England ‘surprises’ markets with bond sale change September 17, 2026 The government’s borrowing costs fell on Thursday, after the Bank of England voted to hold interest rates and chose to end its long-term gilt sales in a major overhaul of its bond sale programme. The yields on both short- and long-term government bonds fell in the aftermath of the decision, as traders pared back bets [...]
Bank of England holds interest rates and overhauls bond sale programme September 17, 2026 The Bank of England has kept interest rates on hold at a sixth consecutive meeting, but warned that they were likely to rise at future meetings unless the threat to energy markets posed by the Iran war begins to ease. The central bank’s Monetary Policy Committee voted six to three to leave rates unchanged, in [...]
Federal Reserve earns rebuke from Trump after interest rate hike September 17, 2026 Kevin Warsh’s Federal Reserve has raised interest rates for the first time since 2023 and effectively pencilled in another hike this year, defying President Trump’s demands for looser monetary policy. On Wednesday, Warsh joined a unanimous decision to raise the US’s central rate by 25 basis points – or a quarter of a percentage point [...]
As it happened: FTSE 100 soars after Bank of England holds interest rates September 17, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]