‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Capitolis Appoints Roy Saadon as Head of Market Development, Portfolio Optimization January 6, 2026 Fintech executive and serial entrepreneur with 25 years’ experience to lead product adoption and expansion into new markets
Future of Bank of England’s Venezuelan gold back in spotlight after Maduro capture January 6, 2026 The foreign secretary has signalled the Bank of England will continue to withhold $4.8bn of Venezuelan gold being held in its vaults, despite the dramatic toppling of the country’s autocratic ruler potentially paving the way to the reserves being returned. Addressing lawmakers late on Monday, Yvette Cooper suggested the government would continue its refusal to [...]
Starmer promised to ‘rewire the state’ so why is the civil service bigger? January 6, 2026 Civil service headcount has reached a 20-year high, bigger than it was during Brexit or Covid. Yet more proof that this Prime Minister’s only belief is in bigger government, says Eliot Wilson When Sir Keir Starmer appointed a new cabinet secretary and head of the civil service at the end of 2024, he made a [...]
London’s future will be determined by choices, not rhetoric January 5, 2026 2026 will be the year the City moves from post-Brexit design to delivery, says Chris Hayward As the new year begins, London’s position as a leading global financial centre is often framed in binary terms: rise or decline. That is no bad thing. Competition sharpens performance, and financial centres that assume their leading position rarely [...]
The six-figure club: Associates at elite US legal firms set for bonus boom December 30, 2025 More than 60 per cent of UK workers aren’t expecting a Christmas bonus this year, but that’s not the case for City lawyers, some of who will receive generous six-figure payouts. Many US law firms operate under the Cravath Scale, named after the law firm Cravath, Swaine & Moore, a transparent lockstep system of associate [...]
Everyman boss departs with immediate effect weeks after profit warning December 29, 2025 The boss of luxury cinema chain Everyman Media Group has stepped down weeks after warning over sales and profits following poor box office trading. Shareholders were informed on Monday morning that Alex Scrimgeour was stepping down as chief executive with immediate effect, with current non-executive director Farah Golant to take over on an interim basis [...]
Trump: Ukraine peace deal ‘closer than ever before’ December 29, 2025 Donald Trump said talks to secure a US-backed peace deal for Ukraine are “closer than ever before” after he met with Ukraine’s President Volodymyr Zelensky in Florida. But the two leaders acknowledged there are still “thorny issues” remaining. Mr Trump, the US president, has said talks on a security guarantee – a key plank of [...]
On this day: Britain pays off its debt to America December 29, 2025 On 29 December 2006, the government paid its final instalment of its post-war loan repayments to America, writes Eliot Wilson Nineteen years ago today, on 29 December 2006, the recently appointed Economic Secretary to the Treasury, Ed Balls, made an historic announcement. The government was paying the final instalment of the loan given by the [...]
Financial services to plough cash into UK defence in 2026 December 29, 2025 Financial services are planning to pump cash into the UK’s defence sector next year after facing pressure to ramp up investment amid increased geopolitical tensions. Nearly two-thirds of financial services leaders expect the sector to increase investment in UK defence in 2026, with more than a quarter anticipating that investment will rise “much more” over [...]
Who still gets hired in the 2026 workplace? December 28, 2025 Britain’s labour market has probably never felt more precarious than it does now, as the struggling economy and the rapid rise of AI take effect. Redundancies are at their highest since the pandemic, unemployment has risen to 5.1 per cent, and entry-level opportunities, the traditional stepping stones for grads and young workers, have all but [...]