As it happened: FTSE 100 soars after Bank of England holds interest rates September 17, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]
Interest rates look set to be held amid bond market pressure September 17, 2026 The Bank of England is expected to leave Interest rates unchanged even as bond traders raised expectations for upcoming hikes and the Federal Reserve opted to tighten monetary policy in the US. The Bank’s nine-member Monetary Policy Committee is expected to back leaving interest rates at 3.75 per cent although policymakers are set to be [...]
Marks and Spencer shares slide as investors brace for inflation hit September 16, 2026 Shares in Marks and Spencer have taken a dip as investors fear that rising inflation will push shoppers away from the upmarket grocer and towards its budget rivals. FTSE-100-listed M&S, whose food arm accounts for more than half of its revenue, dropped as much as four per cent on Wednesday to 357p. The share price [...]
Morningstar Survey: Asset Owners Increase U.S. and Private Market Exposure as AI Risks Rise September 16, 2026 Findings show that global asset owners increased exposure to U.S. assets and private markets while identifying generative artificial intelligence, inflation, and energy and supply chains as leading investment concerns.
Burnham warns of ‘challenging’ Budget and hits back at ‘socialists with TikTok’ jibe September 16, 2026 Andy Burnham has warned Brits to expect a “challenging” Budget as he hit back at his former adviser for accusing him of being a “socialist with better TikToks”. Burnham’s comments will be interpreted as an indication that tax hikes will likely form part of October’s Budget, as his pledge to give households “breathing space” on [...]
Government policy, not the Bank of England will determine future interest rate hikes September 16, 2026 Today’s inflation data does not address two troubling risk on the horizons: a renewed surge in global energy prices and the upcoming Budget, says William Nixon This morning’s inflation data came in close to market expectations, with headline inflation rising to 3.1 per cent in August from 2.9 per cent in July. Compositionally, the increase [...]
Brewdog founder James Watt slams Burnham over Neets crisis September 16, 2026 Brewdog co-founder James Watt has attacked Andy Burnham for “dangerous narratives” around youth joblessness, criticising the government for hiking the cost of employment. The beer tycoon said the Prime Minister is wrong to “blame the system” and should instead cut the cost of hiring workers and “get out of the way”. The Scottish businessman, who [...]
How do central bankers decide interest rates when inflation is so unpredictable? September 16, 2026 The Federal Reserve, Bank of England and Bank of Japan all confront the same question this week: how do you set interest rates when inflation is being buffeted by forces well beyond your control? Writes Helen Thomas Three of the world’s most important central banks meet this week, with the Federal Reserve, Bank of England [...]
Wandsworth Council plans 94 per cent tax rise after Rayner’s cuts September 16, 2026 Wandsworth Council has announced taxes will rise by 94 per cent for Band D residents after local leaders hit out at the government for cutting funding by £84m a year. The local authority, regularly dubbed Margaret Thatcher’s favourite council because of its historically low-levels of council tax, will make Band D council taxpayers stump up [...]
WH Smith warns on profit again as discounting hits margins September 16, 2026 WH Smith has cut its profit target again after warning that intense discounting and “inflation headwinds” are hitting its bottom line. The convenience retailer had initially told investors it could make as much as £105m in pre-tax profit this year, before slashing the target to between £75m and £90m. On Wednesday, the group reduced its [...]