Growing threats to UK financial stability December 4, 2025 What keeps you up at night? For the governor of the Bank of England it’s a long list of threats to the UK’s financial system – so let’s take a look at them. The Bank of England’s latest financial stability report makes for a sobering read. It says “risks to financial stability have increased during [...]
Strap a rocket to UK banks or watch the City drift, shadow chancellor warns December 4, 2025 Shadow chancellor Mel Stride has called for a tearing down of burdensome City regulation to power up the financial services sector and avoid it losing status. The Tory MP said the pendulum has swung “too far in favour of trying to iron… [and] squeeze risk out of the system”. Stride called for a “bonfire of [...]
Equity fund outflows hit fresh record as Budget uncertainty triggered UK selloff December 4, 2025 Equity funds have suffered their deepest and most prolonged bout of outflows on record with investors pulling more than £10bn in the past six months, fresh figures have revealed. UK-focused funds were the hardest-hit in November after haemorrhaging almost £847m, according to data compiled by global funds network Calastone, with analysts pointing to protracted Budget [...]
FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO December 4, 2025 Good morning and welcome back to the Morning Wire liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]
The Leaky War: How Rachel Reeves and the OBR came to blows December 4, 2025 Between 5:16am and 11:30am on the day of the Budget, as Rachel Reeves was putting the finishing touches to her House of Commons speech, 7 audacious internet users made 44 attempts to break into the servers of Britain’s fiscal watchdog to get an early glimpse of her plans. An hour before Reeves stood up in [...]
Apex Group to act as intermediary for London Stock Exchange’s Pisces market December 4, 2025 The London Stock Exchange’s Pisces market has taken another step forward with financial services provider Apex Group securing a position as the trading venues intermediary. The group will act as the index’s registered auction agent (RAA) meaning it is responsible for ensuring all companies who wish to list are compliant with Pisces rules before becoming [...]
Is HSBC’s chair hunt really over? December 4, 2025 Safe, but surprising – that was the verdict across the City as Britain’s biggest bank unveiled its new chair after a twist-and-turn search. Brendan Nelson will take the post at HSBC, succeeding Sir Mark Tucker, whose exit in September left the bank without a permanent chair for weeks. Except for Nelson. Indeed, the seasoned accountant [...]
Unemployment nightmare is entirely Labour’s fault December 4, 2025 Rising unemployment is a double evil; it both reveals problems in the economy and exacerbates them. Unemployment has risen every month since Labour returned to power, and the number of people out of work will soon hit levels last seen during the pandemic. Last month, the rate of job losses was at its fastest for [...]
No future: is Britain losing hope? December 4, 2025 Britain faces a deep, decade-in-the-making crisis of hope, as rising costs, stagnating opportunities, and widening structural failures leave both young and middle-class people feeling trapped, disillusioned, and asking if a viable future in the UK is still possible, says Eliza Filby Throughout my conversations in recent months it’s become clear to me that the country’s [...]
Reeves has instigated a wealth and talent exodus: welcome to REXIT December 4, 2025 This year has seen the biggest single wealth exodus ever recorded, and they are taking an estimated $91.8bn USD out of the country with them, writes Jamila Robertson Rachel Reeves’ now historic Budget carried on where her last left off – bruising business, threatening jobs and further squeezing working people. It raised taxes by £26bn; [...]