UN Shipping Emissions Deal Sparks U.S.–EU
A global shipping emissions deal under the UN’s maritime body has triggered a clash between the U.S. and the EU
Shawbrook Bank Plans London IPO to Revive City Listings
Shawbrook Bank has announced plans for a London IPO, targeting a £2 billion valuation and a 10% free float, aiming to restore investor confidence
Fund Managers Urge Bank of England to Halt Gilt Sales
Leading fund managers managing over $1.5 trillion are urging the Bank of England to halt gilt sales, warning that the policy inflates borrowing costs
France Pushes for 50% Cap on UK Components in €150bn EU Defence Fund
France proposes a 50% cap on UK-made components in EU’s €150bn SAFE defence fund, triggering opposition from UK firms amid ongoing technical talks.
Global Oil & Gas Decline Rates Worsen, Threatening Supply
Global oil and gas decline rates are worsening, with the IEA reporting annual drops of 5.6% for oil and 6.8% for gas.
UK Business-Rate Reform Targets Growth for Small Firms
The UK’s business-rate reform to help small businesses introduces fairer thresholds, ending tax cliff-edges and encouraging expansion with structural changes to the tax model.
World Oil Supply Forecast to Rise, Surplus Expected
Global oil supply is forecast to rise through 2026, creating a potential surplus as output growth outpaces demand. IEA warns of rising inventories and market shifts ahead.
TSX Futures Climb Amid Oil, Gold Gains and Rate-Cut Hopes
TSX futures climb on oil, gold, and rate-cut hopes as commodities rally and investor optimism grows ahead of a potential Bank of Canada policy shift.
Starmer Unveils £150M Housing Alliance Amid TUC Debate
Starmer unveils £150M housing alliance amid TUC debate, aiming to support SME builders and accelerate green home construction with performance-based incentives.
UK Financial Markets Under Pressure Amid Fiscal Uncertainty
UK financial markets under pressure amid fiscal uncertainty as gilt yields rise, the pound weakens, and investors await the delayed Autumn Budget with growing concern.
