UK recession is ‘real possibility’ as Reeves meets City analysts March 24, 2026 The UK economy faces a “real possibility” of falling into a recession, a City economist has warned, as Chancellor Rachel Reeves and pensions minister Torsten Bell met with gilt analysts to discuss the shock from the war in the Middle East. The Chancellor invited top economists from firms key to the gilt markets to the [...]
UK must learn lessons from this crisis – starting with energy policy March 24, 2026 Has the US brought Iran to heel? Or has Iran discovered it has the upper hand? These are urgent questions and the world waits with bated breath for clear answers. Trump claims Iran approached the US, seeking a deal to end the war, and while the Iranians deny this it seems likely that contact has [...]
Starmer vows to use ‘every lever’ to protect Brits from damage to UK economy March 23, 2026 Sir Keir Starmer has vowed to use “every lever” to prevent households from being hit by higher energy prices amid growing fears the Iran war is wreaking havoc on the UK economy. On Monday morning, the Prime Minister suggested an emergency Cobra meeting between the most senior government ministers and the Bank of England governor [...]
Alan Flanagan joins U.S. Bank as head of Global Investment Services March 17, 2026 U.S. Bank announced today that veteran securities executive Alan Flanagan has joined the bank as head of Global Investment Services, a division comprising Global Fund Services and Global Corporate Trust. In this role, Flanagan will lead a global team that combines industry-leading expertise with superior client service to offer customized product solutions for alternative investments, [...]
Michael Hayman elected chair of British Chambers of Commerce March 16, 2026 Michael Hayman has been elected the new chair of the UK’s leading business network, succeeding former management consultant Sarah Howard. Hayman will take the chair of the British Chambers of Commerce (BCC) after being picked unanimously by board members. As chair, Hayman will lead the network’s strategic direction as it supports business growth, lobbies the [...]
Cryptio Raises $45m Series B as Digital Assets Move Into Regulated Financial Markets March 12, 2026 The system of record for tokenized finance – ERP infrastructure for institutions operating in digital assets
UK jobs market ‘facing sustained shocks’ March 9, 2026 The Labour government is facing a rallying cry to ease the cost burden on businesses to avoid derailing a recovery in the jobs market. The latest jobs report from KPMG and the REC, the professional body for recruiters, showed hiring for permanent roles reaching a stabilising point in February with the pace of declines the [...]
War in Iran sparks professional services remote work boom in Gulf March 5, 2026 Professional service giants have triggered emergency business continuity plans, shifting hundreds of staff to remote work across the UAE, Qatar, and Saudi Arabia amid deepening conflict in the Middle East. Since Donald Trump and Benjamin Netanyahu’s surprise attack on Tehran in the early hours of Saturday morning, Iran has retaliated with strikes on major cities [...]
Mortgage approvals fall to two-year low March 2, 2026 Mortgage approvals slumped to a two-year low in January as buyers remain cautious following months of damaging uncertainty around the November Budget. Net mortgage approvals for house purchases dropped to 60,000 in January, six per cent below the 64,100 six-month average, according to new Bank of England figures. The property market is still suffering from [...]
Why Rachel Reeves’ low-key Spring Statement still matters February 26, 2026 This is the Spring Statement that Chancellor Rachel Reeves has long been waiting for in opposition: a moment of sheer insignificance. In May 2023, six months after the mini-budget debacle, Reeves offered a speech in opposition to Washington DC’s top independent think tank, the Peterson Institute, exalting her core economics philosophy of ‘securonomics’. She summarised [...]