Zack Polanski: I have a ‘serious vision’ for UK businesses June 25, 2026 Green Party leader Zack Polanski will tell business leaders at a conference on Thursday that he will deliver “clarity, stability and serious vision” for the UK economy. In what will be his most significant address to bosses since becoming leader, Polanski is expected to recognise that private sector executives “might have some preconceptions” yet he’ll [...]
Private credit firms draft in City advisers to help with ‘meltdown’ stress test June 25, 2026 Firms taking part in the Bank of England’s inaugural private credit stress test have been allowed to draft in external City advisers to help them manage the substantial workload required to respond to the doomsday scenario, which participants have branded “extremely severe”. So-called shadow banks will be allowed to lean on consultants, two people involved [...]
BCC’s Haviland: Burnham must make growth his number one priority June 24, 2026 Andy Burnham must place economic growth at the heart of his premiership and promise to bring down costs for businesses if he wants the Labour party to win back the trust of the private sector, the boss of Britain’s largest industry body will say. In a speech at the British Chambers of Commerce’s annual conference, [...]
England draw with Ghana worth £20m extra to British pubs June 24, 2026 England’s lacklustre 0-0 draw against Ghana may have lacked fizz but hospitality industry experts estimate it was worth an extra £20m in trade for Britain’s pubs. Thomas Tuchel’s men were held to a goalless 90 minutes in Boston on Tuesday but the late kick-off and blistering weather proved a boon to boozers up and down [...]
Markets would take Miliband chancellor appointment ‘worse’ than Streeting, predicts Cavendish chief June 24, 2026 The boss of a London-listed investment bank has warned that markets would react “worse” to Ed Miliband as Chancellor than Wes Streeting, as speculation grows over who will take over the Treasury Starmer’s resignation and Andy Burnham’s widely expected coronation have caused investors to swing their gaze to his future neighbour in No 11. Burnham, [...]
Manchester United debt pile may force owners to fund new stadium June 24, 2026 Doubts have emerged over Manchester United’s capacity to fund their £2bn-plus new stadium unless the owners inject cash. The club announced on Monday that they had secured the land required to build the 100,000-seater venue – dubbed a “Wembley of the North” – from Indurent, which lets industrial units. The 25-acre site is only 350m [...]
Andy Burnham will be ‘in hock’ to the bond markets whether he likes it or not June 24, 2026 With the highest gilt yields in the G7, more borrowing is no longer an option for the next Prime Minister. That leaves the traditional options: raise taxes, cut spending or embark on more ambitious supply-side reforms in areas such as planning, says Daniel Mahoney Governments needing money usually have three options: tax more, spend less, [...]
The fallacy of blaming rich footballers for inequality June 24, 2026 There is a persistent belief that the high pay of the few has suppressed that of the many. The data says differently, writes Paul Ormerod.
Badenoch sets sights on battle with the Bank June 24, 2026 The City is in the mood for a regulatory bonfire and Kemi Badenoch hopes to be the one to light the flame. In this week’s column, Samuel Norman looks at the roadblocks she may face on her pursuit. “Don’t forget about Andrew Bailey.” That was the parting shot I got from a former Bank of [...]
Former Bank of England rate-setter to become next OBR chair June 23, 2026 A former rate-setter at the Bank of England and member of City AM’s Shadow Monetary Policy Committee is set to become the chair of the Office for Budget Responsibility, the fiscal watchdog which has come under pressure from MPs and inadvertently leaked last year’s Budget. Jonathan Haskel, professor of economics at Imperial College London, will [...]