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FTSE 100 index hits 10,000 milestone in new year rally
The FTSE 100 index has climbed above 10,000 points for the first time, passing a significant stock market milestone, on the first trading day of the year. Shares included in the index performed strongly in 2025, leaving the benchmark more than 21% higher than a year ago, when it stood at just over 8,260. Rising…
The cost of rising rents: Working four jobs and pushed on to benefits
Steve Reed, MP for Streatham and Croydon North and Secretary of State for Housing, said: “Across London, 2.7 million renters will benefit from Labour’s Renters’ Rights Bill, ending Section 21 no-fault evictions so families can’t be forced out without reason, capping unfair rent hikes, and introducing a new ombudsman and stronger enforcement to drive up…
Trump renews threat to impose 100% tariffs on non-US made movies
Donald Trump has repeated his threat to impose a 100% tariff on all films not made in the US, claiming the American industry had been “stolen” by other countries. He said on Monday that California had been heavily affected and the levy would “solve this long time, never ending problem”. In May, the US president…
Faisal Islam: Mandelson, Darling and the conversation I cant forget
While the office got built, the bonus tax remained and JP Morgan did not, in the end, stop buying gilts, this episode is an incredible live example of the relative power of government and financial markets, of the actual dynamics of the “bond vigilantes”.
