GBP/JPY

Uk Pm Burnham: We Will Introduce A New Political Model And A New Economic Model Andy Burnham says he is 'acutely conscious' that he is the sixth person in the last 10 years to walk up this street, the seventh prime minister since 2016 He says it's a moment for reflection and new resolution. 'It requires my generation of politicians to raise their game. Britain needs to show the world that we can regain our stability again. That is our challenge. 'People at home are fed up with politics. I will be honest with you. We have not been good enough. We will make this moment a circuit breaker for Britain bringing forward the biggest changes for 40 years 'In the 1980s Britain took some wrong turns. Pol... Andy Burnham says he will start unveiling immediate measures to help with the cost of living tomorrow, including how they will be paid for He says that his first instruction on entering No 10 will be a pledge to end rough sleeping He says he will unveil a 10-year plan for Britain later this year UK PM Burnham: Will Bring Forward New 10Y Plan -To Honour Defense Commitments, Meet Fiscal Rules -Will Set Out Cost Of Living Measure From Tomorrow; Measure Will Be Costed -Will Build New Council Homes -Put Essentials Back Under Stronger Public Control -I Will Make Clear To Zelenskiy Today There Will Be No Change In Support For Ukraine

To anyone who follows European politics, Britain’s new prime minister is an instantly recognizable political creature. But he is unusual for a British, especially a Labour politician. He has learned to speak passable Spanish and Frankie, his university sweetheart turned wife, is Dutch and speaks fluent French. This stands in stark contrast to Britain’s ...

The furnaces at Scunthorpe had been burning through £700,000 per day in losses when Jingye Group, the Chinese company that paid £70 million for British Steel in 2020, concluded in 2025 that the steelworks were no longer financially viable. What followed was not a controlled wind-down. It was a sequence of escalating government interventions that ended on ...

China’s Ministry of Foreign Affairs has said it will closely monitor the United Kingdom’s nationalisation of British Steel, previously owned by a Chinese steelmaker. The UK government nationalised British Steel on Thursday, fully taking over the loss-making company, then under the ownership of Jingye, on national security grounds. “The issue has drawn ...

F/m Investments’ Washington, D.C., office is just a short drive from the Federal Reserve’s headquarters. But under the central bank’s new leadership, CEO Alexander Morris has found the distance feeling far greater. Fed Chairman Kevin Warsh embarked on an overhaul of the central bank’s forward-looking communication since taking the post in May. That move ...

China's economy has some big problems. Here are just some of the recent data points that should worry global markets: China's Q2-2026 GDP came in at 4.3% - well below its 5% annual target and the lowest in 3.5 years1. Births fell to 7.92 million in 2025 - down 17% from 20242 - and the lowest count since records began in 1949. New home prices fell 3.3% ...

Over the past several years, Wall Street and Washington, D.C., have grown used to being able to reliably predict what the Federal Reserve would do at its interest-rate meeting, weeks before the gathering took place. But now we're in a new era. Instead of guiding the market toward the likely outcome of the upcoming meeting, the new Fed chair, Kevin Warsh, ...

This is an unusual time for markets, with a reasonable debate for both sides on whether the next move by central banks will be to hike or cut interest rates. Certainly, markets are leaning to at least one hike by the Fed and perhaps half of one by the Bank of Canada by the end of 2026, but there’s not much conviction. All it would take to wash away those ...

A Hudson Bay Capital think piece by Roubini and Miran is normally a five-alarm macro bin fire, except their latest also has the highly respected Peter Ireland as co-author. The paper, A return to monetarism?, reads very much like something Peter would write and nothing at all like anything Roubini or Miran have produced before. But if Peter has brought them ...

Moneta Markets Capital, the FCA-authorised UK subsidiary of Moneta Markets, reported turnover of £780,000 for the financial year ended 31 March 2026, up 118% from £358,425 a year earlier, according to accounts filed with Companies House. The company returned to profit, posting £77,386 against a £100,708 loss in FY2025. Operating profit reached £71,533, ...