Oasis revival is a reminder that – on fiscal policy – you don’t just roll with it August 6, 2025 The 1990s were a turbulent time for Britain’s economy and Oasis’ anthems are a reminder of that time – and a warning about an uncertain future, says Tim Focas Oasis are back. Thirty years after their Britpop heyday, the Gallagher brothers are selling out stadiums once again. But their return isn’t just about nostalgia. Their [...]
Cut interest rates to four per cent, City AM Shadow MPC says August 5, 2025 Top economists have voted 8-1 for interest rates to be slashed by 25 basis points in City AM’s new Shadow Monetary Policy Committee (MPC). Amid high inflation and falling job numbers, the Bank of England is set to face a difficult finely balanced decision on Thursday on whether to cut interest rates from the current [...]
FTSE 100 banks outperform but face tougher waters ahead August 4, 2025 The FTSE 100’s banking constituents breezed through the second quarter results season as interest income remained stable and trading income soared on the back of market volatility. The ‘Big Five’ banks of London’s flagship stock index – Barclays, HSBC, Natwest, Lloyds and Standard Chartered – pocketed a combined £12.8bn in the three months to June [...]
Bank of England to cut interest rates but faces dilemma on outlook August 4, 2025 The Bank of England is unlikely to signal faster interest rate cuts at this Thursday’s meeting, leading economists have said, leaving the future of monetary policy in the balance. Monetary Policy Committee (MPC) members are widely expected to agree to cut interest rates by 25 basis points to four per cent. But City analysts have [...]
Borrowing costs set to ease further as Bank contends with weaker jobs market August 3, 2025 Borrowing costs are set to ease further as the Bank of England contends with stagnant growth and rising unemployment, experts have predicted. Most economists think the Bank’s Monetary Policy Committee (MPC) will cut interest rates by 0.25 percentage points to 4% on Thursday. It could release pressure for some mortgage holders amid hopes that cheaper [...]
Relief for banks after lukewarm motor finance win August 1, 2025 Lenders across the City are breathing a sigh of relief after today's landmark Supreme Court ruling, which upheld the appeals of two banks in the high-profile motor finance commission case.
How the wellness bro came to rule the City July 31, 2025 As finance bros roam the City clutching pink smoothies, Anna Moloney examines the changing culture of health and rise of the wellness bro.
Rachel Reeves’ Autumn Budget still causing negativity – CBI July 30, 2025 A streak of negative business sentiment has now lasted 10 months, a leading industry body has suggested, in further evidence that employers have struggled to turn a page on Chancellor Rachel Reeves’ £40bn tax raid at last year’s Autumn Budget. Prime Minister Sir Keir Starmer has repeatedly told MPs that business confidence was edging higher, [...]
Bank of England officials set to clash on interest rates July 30, 2025 Bank of England policymakers are set to spar on whether to hold or cut interest rates as City analysts are expecting a three-way split in the final vote. The Bank saw a 6-3 vote in favour of holding interest rates at 4.25 per cent in June while the meeting before in May saw four dissenting [...]
Revolut enters F1 with title sponsorship of new Audi team July 30, 2025 Revolut has announced its entry into Formula 1 as title partner of the new Audi F1 team, which will compete from next year. The partnership has been described as long-term and will see the fintech giant – currently the subject of a clash between Chancellor Rachel Reeves and Bank of England boss Andrew Bailey – [...]