On this day in 1966: David Cameron is born Opinion As David Cameron turns 60, Eliot Wilson takes a look back at the life so far of the "chillaxed" Prime Minister.
Bailey: Governments must help control inflation too Economics Bank of England governor Andrew Bailey has said that governments should look to help keep prices stable and win over markets with disinflationary tax and spending measures. In an intervention on the relationship between monetary and fiscal policy, Bailey urged governments to consider the impacts of government spending and borrowing on inflation. The Bank of [...]
LWW – The City Edition: A New watchmaking tradition begins at the Royal Exchange watches London Watch Week and City AM have joined forces to bring an inaugural City destination event: LWW – The City Edition. Since almost the beginning of time, or at least since it’s been so beautifully and elegantly measured, watches and the City have gone hand in hand. You only have to look to the Worshipful [...]
Interest rate fears dampen UK house buying demand October 8, 2026 Brits held off inquiring about buying new homes last month as fears over higher mortgage rates dampened the market. Housing demand dropped in September, according to a survey from the Royal Institution of Chartered Surveyors (RICS), which found that 22 per cent of property professionals saw buyer inquiries fall last month. That figure was up [...]
KBRA Assigns Preliminary Ratings to Merrion Square Residential 2026-1 DAC October 7, 2026 KBRA Europe (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Merrion Square Residential 2026-1 DAC, a static RMBS securitisation collateralised by predominantly first lien, reperforming mortgage loans. As of 30 June 2026, the underlying collateral comprises a €635.2 million portfolio of secured mortgage loans. These mortgages are largely secured by [...]
House prices fall faster in London as property market stays ‘subdued’ October 7, 2026 House prices in London fell at a faster rate last month, as homeowners in the capital continue to bear the brunt of the property market slowdown caused by the Iran war. The average house price in London fell by 2.2 per cent to £531,548 in the year to September, according to the Lloyds house price [...]
Governments should spend more on welfare to tackle cost of living, says IMF October 6, 2026 Governments across the world should prioritise targeted welfare support for low income households over broader measures like tax cuts to ease the cost of living, the International Monetary Fund has said. Policymakers should do more to protect vulnerable households from surges in inflation caused by geopolitical events like the Iran war, the IMF says in [...]
‘Disastrous’: Average five-year fixed mortgage rate surges to six per cent October 5, 2026 The average five-year fixed mortgage rate has broken the six per cent mark for the first time in three years after a fresh raft of lenders hiked prices. The typical five-year agreement has hit six per cent, according to Moneyfacts, while the average two-year is a whisker behind at 5.98 per cent. It is the [...]
The search for Nigel Farage’s elusive wristwatch October 5, 2026 We investigate the mystery of Nigel Farage’s wristwatch. Could the so-called man of the people really wear a £40,000 Patek Philippe Calatrava? Andy Blackmore starts digging and finds a surprising answer… Sometimes the watch we wear tells more about us than we would care to admit, far more than any session with a psychologist. With that [...]
UK services sector marks two years of job losses October 5, 2026 The UK’s dominant services sector has suffered two years of continuous job losses despite moderate growth against the backdrop of intense trading disruption and high borrowing costs, new data has indicated. Researchers at S&P Global said a fall in employment over September across services firms meant the sector had now suffered two consecutive years of [...]