‘Nailed on’: Bank of England expected to hike interest rates October 30, 2026 The Bank of England is expected to hike interest rates next week as policymakers battle to stamp on inflationary pressures building in the UK economy. City analysts have predicted that the Bank’s Monetary Policy Committee will vote to raise interest rates from 3.75 per cent to four per cent. The Bank has been closely monitoring [...]
What must Prem Rugby CEO learn from his trip to US? Sweat the asset October 30, 2026 It speaks to Prem Rugby’s ambition that its chief executive Simon Massie-Taylor is jetting off to the United States to drum up investment and sponsorship for the English game, as reported by City AM earlier this week. It suggests the league – unlike many other top-flight union competitions – is actively seeking to go beyond [...]
Burnham’s former economic adviser gives Budget a four out of 10 October 30, 2026 One of Andy Burnham’s former economic advisers has given John Healey’s Budget a four out of 10, warning there remained a 50 per cent chance the UK economy will be in worse shape next year than it is now. Andy Haldane, who for years served as chief economist at the Bank of England, told the [...]
Healey’s business rate tweaks won’t stop ‘hollowing out’ high street, business group warns October 30, 2026 John Healey’s changes to high street business rates are a “sticking plaster” that will not reverse the “hollowing out” of town centres across the country, the boss of Britain’s largest business group has warned. In his maiden Budget this week, the Chancellor said he would lift the threshold at which small firms receive business rates [...]
Rising welfare bill set to ‘swallow’ stealth tax revenue October 29, 2026 Rising benefit costs will “swallow” all the revenue from frozen tax thresholds that are dragging millions of workers into paying higher rates, analysis has found. The Centre for Social Justice has said that the £33bn increase in benefits spending between 2027 and 2032 will broadly match a rise in projected receipts from frozen income tax [...]
Budget 2026: Football players warned over looming image rights tax changes October 29, 2026 Football clubs and players have been warned of looming changes unveiled in the Budget that will see image rights taxed like wages. Chancellor John Healey’s Budget document, released on Wednesday, stated that “the government will clarify that image rights payments related to an employment are taxable as employment income and taxed in the same way [...]
U.S. Bancorp Announces New U.S. Bancorp Global Funds Brand October 29, 2026 The platform also introduces its first offshore liquidity fund, domiciled in Ireland
Autumn Budget 2026: ‘Steady as she goes’ is no good when the economy’s adrift October 29, 2026 John Healey avoided several icebergs but there are nasty storms on the horizon, says William Nixon The Chancellor opened his speech by claiming the Budget would help “steer” the UK’s economy through “global economic storms”. He can be commended for avoiding the twin icebergs of major new tax hikes and pre-Budget speculation that sank Rachel [...]
EIG and Acwa Announce Plenum Power, a Strategic Partnership to Invest in U.S. Power Infrastructure October 29, 2026 Partnership combines EIG’s platform-building, investment and financing expertise with Acwa’s large-scale power development and operating capabilities and is targeting a launch with approximately $4 billion of initial equity commitment
Pacific Life Re Strengthens Market Leadership to Support Client Growth October 29, 2026 Pacific Life Re, a leader in the global life reinsurance industry, today announced an enhanced leadership structure across its global protection business, designed to strengthen its global functional capabilities, bring decision-making closer to clients, and support future growth. The enhanced structure brings pricing and underwriting under a unified global leadership while establishing greater leadership focus [...]