I drove 3,000 miles and saw the America AI is leaving behind August 19, 2026 Lewis Liu drove for nine days to get to his new home in Silicon Valley. On the journey he saw the America that risks being left behind.
Tracker funds are turning 50 – will they make it to 100? August 19, 2026 Vanguard launched its first ever tracker fund 50 years ago this month. Since then, they have had an enormous impact on the way our capital markets function – and now make up more than half all fund-held assets. Ali Lyon asks: will they be as popular when they turn 100? The 1976 launch of the [...]
KBRA Releases Research – The End of the RRF: Trade Adjustment and Financing Challenge August 19, 2026 KBRA releases research examining how the end of the European Union’s (EU) Recovery and Resilience Facility (RRF) could affect trade balances and investment financing, as the policy challenge shifts from deploying EU funds to sustaining investment beyond the programme. Since 2021, RRF-backed activity has likely increased demand for imported capital goods and specialist inputs, widening [...]
Supermarkets ‘actively shielding’ shoppers as food inflation falls again August 19, 2026 Food inflation fell again in July to its lowest level in nearly five years, as retailers claim they are “actively shielding” consumers from worse price rises. The rate of food price inflation slipped to 1.3 per cent last month, down from 1.7 per cent in June, to reach the lowest point since September 2021. Industry [...]
Inflation leaps to 2.9 per cent in blow to Burnham August 19, 2026 Inflation has leaped up following the reset of the energy price cap, official data has revealed, marking the likely beginning of a long run of increases in price growth. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation [...]
New planning rules ‘could blight high streets with empty pubs’ August 18, 2026 Angela Rayner’s attempt to stop pubs being redeveloped into offices and housing could “blight high streets” with empty venues, property experts have warned. The housing secretary has unveiled reforms to planning rules which mean that developers can only turn a pub into housing or an office if there is no reasonable prospect that it can [...]
Asda credit card firm Jaja faces 15 per cent loan interest as debt pile swells August 18, 2026 The company behind the Asda credit card has added to its debt pile after posting a widening loss. Jaja Finance, which operates the supermarket’s card alongside its own credit card services, has drawn down nearly £50m from a debt facility since March, for which it pays an eye-watering 15 per cent annual interest rate. That’s [...]
Industry chief warns ‘resilience not enough’ for growth August 18, 2026 The boss of Britain’s largest industry body has warned the government that “resilience alone” would not boost growth in the UK, firing the starting gun on two months of policy lobbying ahead of a pivotal Autumn Budget. Writing exclusively for City AM, the boss of the British Chambers of Commerce (BCC) has urged the government [...]
Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’ August 18, 2026 A surge in youth unemployment has fuelled the rise of chicken shops across British high streets as young people not in work, education or training – known as Neets – have flocked to fast food, a consultancy has argued. Analysts at Baringa, a consultancy with more than 2,000 employees, have drawn a link between the [...]
Picky Brits: Heatwave fuels surge in finger food spending August 18, 2026 Record summer temperatures have driven a surge in “picky bits” spending as British shoppers rush to the chilled aisle in a boost to UK supermarkets. The sweltering heat is causing Brits to cut back their grocery bills, instead spending little and often on items like olives and quiche, according to figures from Worldpanel by Numerator. [...]