Category: Financial sector

Reeves tells City regulator to encourage more risk-taking in financial sector

New remit given to FCA by chancellor raises fears of a weakening of rules meant to avert another financial crisisThe financial regulator has been ordered to encourage more risk-taking across the City, raising concerns that the...

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Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?

10-year gilt yields have risen in the past month but are within the range of other pre-budget periodsUK government borrowing costs have risen ahead of Rachel Reeves’s budget on Wednesday.Some City investors say the...

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London’s Aim shrinks to smallest since 2001 amid fears of tax relief changes

UHY Hacker Young says 92 companies have delisted and only 10 floated on junior stock market in past yearThe UK’s Alternative Investment Market (Aim) has shrunk to its smallest size in 23 years as business owners and...

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Treasury installs ‘guard rails’ to avoid Liz Truss-style budget meltdown

Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure marketsRachel Reeves, the chancellor, is taking action to ensure her budget plan for a multibillion-pound increase in...

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Infrastructure taskforce to help chancellor avoid financial sector turmoil

Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure marketsRachel Reeves, the chancellor, is taking action to ensure her budget plan for a multibillion-pound increase in...

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Keir Starmer twice refuses to rule out rise in employers’ national insurance

PM says it was ‘very clear’ in Labour manifesto that government would not raise taxes on working peopleUK politics live – latest updatesKeir Starmer has twice refused to rule out a rise in employers’...

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Labour needs £25bn a year in tax rises to rebuild public services, warns IFS

Thinktank says tax increases in budget will be necessary even if Rachel Reeves changes fiscal rulesWill Rachel Reeves’s rules on debt and spending survive the budget?Keir Starmer’s promise to end austerity and...

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