Firms’ inflation fears highest in two years amid interest rate hold November 6, 2025 Firms’ long-term inflation fears are at their highest level since the end of 2023, a Bank of England survey revealed on Thursday, prompting the majority of Monetary Policy Committee (MPC) members to vote for interest rates to be held. On an average reading in the three months to October, business leaders’ inflation expectations for the [...]
Bank of England holds interest rates at four per cent amid Budget fears November 6, 2025 The Bank of England has held interest rates at four per cent amid caution around high inflation levels ahead of Chancellor Rachel Reeves’ crucial Budget in three weeks. The Bank’s Monetary Policy Committee (MPC) voted 5-4 to hold interest rates as Governor Andrew Bailey, who made the deciding call at the latest meeting, said he [...]
Rachel Reeves must resign if she hikes income tax November 6, 2025 Exactly a year ago today, which was exactly a week after Rachel Reeves’ first Budget – I wrote that the Chancellor’s policies would give Brits the hangover from hell. So, one year on, how are you feeling? My reference to a hangover was inspired by the government’s absurd post-Budget boast that they’d taken a penny [...]
Construction industry sheds workers at steepest rate in five years November 6, 2025 The UK’s construction industry suffered another crippling hit in October after the rate of job shedding hit its steepest level in just over five years. The latest Purchasing Managers Index (PMI) from S&P Global showed the sector had tumbled to 44.1 last month, down from 46.2 in September. This marks the tenth consecutive month the [...]
Banks set to escape tax raid from Rachel Reeves after lobbying November 6, 2025 Rachel Reeves is expected to avoid a cash grab on Britain’s banking titans in her forthcoming autumn Budget after the industry flagged concerns around international competitiveness. The Chancellor is understood to be hesitant on targeting the banks for a cash raid after a string of warnings from top industry chiefs on the impact on economic [...]
Brighton Pier up for sale as Reeves’ tax hikes bite November 6, 2025 Brighton Pier Group, which was taken private earlier this year, has placed all its assets on the market as it battles “an extremely challenging trading environment” and the impact of Rachel Reeves’ tax hikes. In its first set of accounts since quitting the London Stock Exchange’s AIM in May, the group said it is “now [...]
PostFinance Strengthens Fraud Protection and Customer Communications with FICO Technology November 6, 2025 Swiss digital banking leader uses FICO® Falcon® Fraud Manager for debit cards, adds FICO® Customer Communication Services for 24/7 support
4most and VB Risk Advisory Join Forces to Accelerate Growth of Their Risk Advisory Services in Northern Europe November 6, 2025 VB's commitment to grass roots talent and their people-centric culture combined with continued delivery excellence has allowed it to become an established, respected brand in the Dutch financial services market 4most's trusted specialist risk, regulation, and data analytics services will bring scale and senior specialists to accelerate VB's impressive growth to date Together the group will take the business to 28 quantitative specialists based in Amsterdam, and a total of 300 experts globally
SES Delivers Solid 9 Months and Q3 2025 Results November 6, 2025 SES S.A. fully consolidates Intelsat from 17 July 2025 and announces financial results for the nine months and three months ended 30 September 2025 with solid operational and financial performance. Solid 9 months 2025 financial performance on a reported basis (Intelsat fully consolidated from 17 July 2025) Revenue of €1,747 million (+19.8% yoy(1)) and Adjusted [...]
The Bank of England must cut rates today November 6, 2025 The Bank should cut rates by 25 basis points today to prevent stagnation becoming entrenched, says Damian Pudner On Thursday, the Bank of England will announce its latest decision on interest rates. Less than three weeks later, on 26 November, the Chancellor will deliver her second tax-raising Budget, despite promising that last year’s would be [...]