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News

  • May 8, 2024

Monty Panesar U-turns on bid to stand as MP for George Galloway’s Workers Party

Last week Panesar was unveiled as a candidate in Westminster in Parliament Square, saying he would let Galloway do the talking on Palestine, and that he just wanted to "give back" to working people.

  • May 8, 2024

TSB Bank to cut 250 more jobs and close 36 branches in cost-cutting drive

TSB Bank is planning to cut around 250 jobs as part of a broader restructuring effort, joining other mid-sized high street lenders looking to reduce costs.

  • May 8, 2024

Traders short sterling as bets on Bank of England rate cuts grow

Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).

  • May 8, 2024

ISA season breaks new record despite UK outflows revealing ‘structural problem’

Charles Hall, head of research at Peel Hunt, warned that the data showed "exactly why the UK market has a structural problem".

  • May 8, 2024

Regulator rejected parliament’s pleas to extend ‘name and shame’ consultation

The boss of the Financial Conduct Authority rejected a direct request from the house of Lords to extend a consultation on its controversial ‘name and shame’ plans, it has emerged.

  • May 7, 2024

EUR/USD Nears Resistance - Price Outlook and Sentiment Analysis

EUR/USD continues to press higher, aided in part by a weak US dollar. The pair are now closing in on a zone of resistance that may prove difficult to break.

  • May 7, 2024

British Pound Gives Back Some Gains As Market Looks To The Bank of England

UK rate-setters are expected to leave things alone this month, but perhaps not for very much longer

  • May 7, 2024

Gold Boosted by Renewed US Rate Cut Hopes, Israel-Iran Ceasefire Talks Continue

Last Friday’s weaker-than-expected NFPs gave gold a boost on renewed US rate cut expectations. Further gains may depend on the outcome of ongoing Israel-Iran peace talks.

  • May 7, 2024

Karen Karniol-Tambour on Where to Find Diversification, Handling Geopolitical Risk, and AI

At the Milken Institute’s 2024 Global Conference, co-CIO Karen Karniol-Tambour shares her thoughts on the macro outlook, touching on where to find geographic diversification, how we’re approaching

  • May 7, 2024

Youngest self-made billionaire chooses London for European HQ

Scale AI's founder became the youngest self-made billionaire in the world at age 24, according to Forbes, in 2022.

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