Jet2 shares soar as Tiktok meme pays dividends November 19, 2025 Jet2 has seen its shares jump after a viral TikTok trend helped the London-listed airline see record passenger numbers over the summer. The London-listed business said it saw an increase of 750,000 passengers flown to 14m over the six months to the end of September. That helped group revenue rise 5 per cent to £5.3bn. Jet2 [...]
Inflation stays high in pre-Budget warning to Reeves November 19, 2025 Inflation hit 3.6 per cent in the year to October, it has been revealed, in the last set of prices data Chancellor Rachel Reeves will see before a crucial Budget focused on curbing the cost of living. The Office for National Statistics (ONS) said inflation cooled slightly from last month’s figure of 3.8 per cent, [...]
FTSE 100 Live: Inflation falls to 3.6 per cent, WH Smith CEO quits November 19, 2025 Good morning and welcome back to the Morning Wire liveblog. Global markets downturn continued on Tuesday, with Europe left swimming in the red. The FTSE 100 closed the day down 1.27 per cent at 9,552 as the boss of Google gave the latest warning on the soaring valuation of tech stocks. Sundar Pichai, the head [...]
My advice for Rachel Reeves? Learn how to spin a yarn November 19, 2025 Economic history shows us the importance of a narrative. If Rachel Reeves wants to help the economy, she needs to learn how to tell a story.
Markets will determine whether Reeves has any credibility left November 19, 2025 It’s a regrettable reality that a politician – or an entire government – can limp on for months or even years after losing credibility in the eyes of voters. In contrast, when markets think the credibility is gone the consequences can be much more immediate. Just ask Liz Truss. One week from today, the Chancellor’s [...]
Recession fears as insolvencies creep up amid construction woes November 18, 2025 The number of insolvencies crept up in October, official data has shown, amid further pressures on the construction industry and worries that Budget measures may sound the death knell for struggling companies. Data released by the Insolvency Service showed a 1.7 per cent month-on-month rise in insolvencies. On a year-on-year basis, official numbers show insolvencies [...]
JP Jenkins secures Pisces licence as ‘discussions ongoing’ with rivals November 18, 2025 JP Jenkins has become the latest securities venue to secure a Pisces operator licence by the UK’s financial regulator as competition heats up to attract businesses to the new private market. The approval makes JP Jenkins the second company to have received a licence from the Financial Conduct Authority (FCA) after London Stock Exchange operator [...]
Santander: UK businesses shift away from China as tensions flare November 18, 2025 UK businesses are moving away from China as risks mount amid flaring geopolitical tensions. Over half of firms are taking steps to bring their supply chains closer to home, with one in five having already relocated their network closer to the UK. The moves come amid questions over China’s dominance in the supply chain, with [...]
Firstgroup doubles down on open access expansion despite DfT concerns November 18, 2025 Firstgroup has doubled down on its open access expansion plans as the transport business defied government concerns over the scheme. The FTSE 250 firm said it was “focused on growing” its operations in open access, an arrangement under which private rail operators will continue to run services after the nationalisation of all major routes as [...]
Reform and Tories battle over the Budget with spending cuts calls November 18, 2025 Opposition parties Reform UK and the Conservatives are intensifying pressure on Labour ahead of the Budget with calls for dramatic spending cuts to fix public finances. In separate press conferences on Tuesday, leaders Nigel Farage and Kemi Badenoch called for deep cuts to government expenditure to balance the books. Their renewed attacks on the government [...]