Going for growth? Labour groups set out competing visions for economic strategy May 12, 2026 Competing groups of Labour MPs have published contrasting growth plans on Tuesday, just as Sir Keir Starmer’s leadership stood on the brink. Both the left-wing Tribune group of MPs and the more centrist Labour Growth Group published pamphlets setting out a number of ideas for growth and tax reform. Tribune’s report, led by former transport [...]
Life after Starmer: What could a new Labour prime minister mean for your money? May 12, 2026 It could soon be time to face the music for Keir Starmer after dozens of MPs called for the Prime Minister to throw in the towel, which could unleash months of speculation and uncertainty. Leading frontrunners for the top job include the Manchester mayor Andy Burnham, former deputy PM Angela Rayner and health secretary Wes [...]
‘Bond market meltdown’: UK borrowing costs highest since 1998 as Starmer fights for survival May 12, 2026 Warnings of a “bond market meltdown” flashed through the City on Tuesday after government borrowing costs soared as pressure mounted on Sir Keir Starmer’s future in Downing Street. For weeks, City investors have been on high alert as fears mounted that a mass rebellion would be triggered after devastating local election results. Traders fear the [...]
Wealth managers shares fall amid Starmer political storm May 12, 2026 A host of the City’s top listed wealth managers suffered sharp sell-offs on Tuesday morning as questions over Starmer’s future caused government borrowing costs to soar. Investors have been on alert since fears of a rebellion against Starmer began after last week’s local election results, with the spike in gilt yields now triggering a sell [...]
Chicken roll boosts sales but Greggs warns of food inflation May 12, 2026 Brits’ warm embrace of the new chicken sausage roll has helped boost turnover at Greggs, but the company warned it could be burnt by food inflation if the Iran war persists. Greggs’ share price jumped more than six per cent on Tuesday’s market open, to 1,618p, though the stock remained down three per cent in [...]
SES Delivers Robust Q1 2026 Results & Reiterates Full-Year Outlook May 12, 2026 SES S.A. announces financial results for the three months ended 31 March 2026. Q1 2026 Performance (€ million) Q1 2026 as reported (1) Q1 2025 as reported (1) ∆ At constant FX (2) Q1 2025 like-for-like(3) ∆ At constant FX (2) Average €/$ FX rate 1.18 1.04 1.04 Revenue 847 509 +80.5% 909 [...]
London’s prime property market isn’t collapsing May 12, 2026 Contrary to popular belief, London's prime property market isn't failing. But it is fundamentally changing, writes David Austin.
When does fish, chips and mushy peas become an unaffordable luxury? May 12, 2026 When prices rise so high and budgets get so tight, consumers adjust their habits permanently. This is looming in the energy markets as the closure of the Strait of Hormuz will not be resolved any time soon, says Helen Thomas As Ryan, the owner of Harrison’s Fish and Chip shop, said to me on Friday [...]
How high-net-worth individuals can rival private equity in sport May 12, 2026 Sport has been dominated by private equity, but high-net-worth individuals and family offices are coming becoming more common. At the end of April, Andrea Agnelli, the former chairman of Juventus, launched Gamma Waves Partners, a sport-focused investment platform targeting opportunities in innovative sports competitions, teams and athletes. Co-founded with former Juventus captain Giorgio Chiellini and [...]
Bond market rounds on Rayner’s economic platform May 12, 2026 Angela Rayner’s economic response to the Labour party’s bruising local elections defeat would trigger a sell-off in UK governments debt at a time when Britain’s borrowing costs are already at multi-decade highs, bond investors and analysts have warned. The former deputy Prime Minister laid out a detailed proposal for how her party to respond to [...]