As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles June 18, 2026 Welcome back to the City AM liveblog. Interest rates were left unchanged at 3.75 per cent in Bank of England’s monetary policy committee meeting today as rate-setters wait to find out whether the Iran war peace deal holds up. The Bank’s decision followed Thursday’s inflation data, which stayed below undershot expectations after coming at 2.8 [...]
LLPs remain under watchful eye – especially from the taxman June 18, 2026 Despite dodging Budget day taxes, the UK’s limited liability partnership (LLP) model is still facing intense scrutiny, this time from HMRC, which just had a good result from the top court this week, writes Maria Ward-Brennan. The LLP model, used by professional services such as law firms and accountancy firms, came into force 25 years [...]
Andy Haldane: Britain after Brexit June 18, 2026 The UK economy is suffering from deep-seated psychological scarring caused by a sequence of crises, which necessitates a strategic re-imagining of the state’s role in generating growth, says Andy Haldane We are fast approaching the ten-year anniversary of Brexit – an event that is sure to leave a large and lasting scar on our economy, [...]
Here’s how a levy on assets could work, just don’t call it a wealth tax June 18, 2026 Debate around wealth taxes have become a meme, far too ideological and not technocratic enough. But there is a way to raise a levy on assets without distorting the economy, says Tim Sarson Last week I was scanning the list of topics I’d written about for City AM in the last two years and there [...]
Interest rates next change ‘far more likely down than up’ June 18, 2026 Interest rates are set to be held on Thursday in what some analysts believe could be a split decision as two Bank of England officials could back a 25 basis point hike. The Bank’s Monetary Policy Committee is widely expected to leave interest rates unchanged at 3.75 per cent, though some members could back a [...]
Kemi Badenoch pledges to wield the axe on post-financial crisis banking regulation June 18, 2026 Kemi Badenoch will today step up her efforts to woo the City as she promises to wield the axe on post-financial crisis banking regulation if she manages to clinch the keys to Number 10. “London is having its lunch eaten” by overregulation, the Tory leader will proclaim as she proposes a shakeup of the financial regime that she hopes [...]
Vbrick Extends 11-Year Leadership Streak in the 2026 Aragon Research Globe for Enterprise Video June 17, 2026 Vbrick, the leading end-to-end intelligent enterprise video platform provider, has been named a Leader for the 11th consecutive year by Aragon Research in the 2026 Aragon Research Globe™ for Enterprise Videoi. “Enterprise video platforms are evolving from passive content repositories into intelligent, AI-driven ecosystems where agentic workflows can autonomously create, analyze, personalize, and distribute video [...]
War bonds to lift defence spending ruled out June 17, 2026 Sir Keir Starmer has ruled out issuing defence bonds to fund an uplift in spending as a spokesperson said it was “just another form of borrowing”. In his absence at Prime Minister’s Questions, Starmer’s deputy David Lammy appeared to open the door to defence bonds being created to fund a rise in spending. The Liberal [...]
Fortegra Strengthens Actuarial Leadership with Appointment of Anthony Katz as SVP, Reserving June 17, 2026 The Fortegra Group, Inc., a global specialty insurer, today announced the appointment of Anthony Katz as Senior Vice President, Reserving. Mr. Katz will lead Fortegra’s team of professional actuaries, with responsibility for reserving, credit insurance, statistical reporting, and key initiatives including IFRS 17. “Anthony brings more than 30 years of actuarial expertise and a genuine [...]
Rehlko and Liebherr Partner on Strategic Capacity Expansion to Support Accelerating Data Center Demand for Resilient Power Solutions June 17, 2026 Expansion of Colmar, France, manufacturing facility to more than double production capacity, enabling a structured industrial ramp-up