May 16, 2026
11 11 11 AM
Starmer drama: Traders bet against UK as short-selling on pound and banks surges
Trump adversary has a ‘genius’ playbook to beat him: NYT analysis
Nigeria targets 1.5 million jobs through textile industry revival – Businessday NG
Labour leadership turmoil to cost Reeves up to £12bn
Finance experts warn Trump’s favorite economic metric may turn south
Equity funds vs high-yield savings: What investors should know before investing – Businessday NG
As it happened: Market jitters as Streeting set to make bid against Starmer
GOP facing millions of ‘furious’ voters — and it’s only getting worse
Nigeria’s economy seen growing at fastest rate in 5 years – Businessday NG
Trump struggles to overcome America’s relentlessly ‘sour mood’
Latest Post
Starmer drama: Traders bet against UK as short-selling on pound and banks surges Trump adversary has a ‘genius’ playbook to beat him: NYT analysis Nigeria targets 1.5 million jobs through textile industry revival – Businessday NG Labour leadership turmoil to cost Reeves up to £12bn Finance experts warn Trump’s favorite economic metric may turn south Equity funds vs high-yield savings: What investors should know before investing – Businessday NG As it happened: Market jitters as Streeting set to make bid against Starmer GOP facing millions of ‘furious’ voters — and it’s only getting worse Nigeria’s economy seen growing at fastest rate in 5 years – Businessday NG Trump struggles to overcome America’s relentlessly ‘sour mood’
Apr
2026
23

Trump’s policies are ‘calculated’ to keep Americans dependent on expensive oil: expert

Trump’s policies are ‘calculated’ to keep Americans dependent on expensive oil: expert

Even as Americans groan under the weight of rising gas prices, an activist and energy policy expert is warning that President Donald Trump’s policies are designed to keep people dependent on fossil fuels. “President Donald Trump’s unprovoked and illegal attack on Iran has sent crude oil, gasoline, and diesel prices through the roof,” wrote Basav

Apr
2026
22

Barclays sweetens mortgage deals as interest rate decision takes focus

Barclays sweetens mortgage deals as interest rate decision takes focus

Wednesday 22 April 2026 11:34 am  |   Updated:  Wednesday 22 April 2026 1:59 pm Barclays has slashed rates after a period of ‘mortgage mayhem’ Barclays has become the latest bank to wade into the flurry of mortgage rate cuts as lenders turn their attention to next week’s interest rates decision. The FTSE 100 giant cut

Apr
2026
22

Hungary Industrial Output Falls 1.5% Year-on-year in February – Budapest Business Journal

Hungary Industrial Output Falls 1.5% Year-on-year in February – Budapest Business Journal

Hungary’s industrial production declined by approximately 1.5% year-on-year in February, according to data released by the Hungarian Central Statistical Office (KSH). Adjusted for working days, the index was unchanged from the unadjusted figure, the statistical office said. On a monthly basis, industrial output fell by 1.8% in February compared to January, based on seasonally and working day-adjusted

Apr
2026
22

Trump’s China strategy torn apart by GOP tax gurus following evidence of failure

Trump’s China strategy torn apart by GOP tax gurus following evidence of failure

President Donald Trump’s image is indelibly linked to that of American business, from branding a real estate empire with his name and giving business advice in his ghostwritten-book “The Art of the Deal” to starring in the business-themed reality TV show, “The Apprentice.” Yet a nonprofit that exists to promote free markets and low taxes

Apr
2026
21

Unemployment to peak at 5.8 per cent as jobs market faces ‘biggest hit’ since pandemic

Unemployment to peak at 5.8 per cent as jobs market faces ‘biggest hit’ since pandemic

Monday 20 April 2026 8:00 am Reeves is set to be handed an unemployment blow. Britain is set to be “pushed to the brink of a technical recession” in the coming year as the economic fallout of the war in Iran dampens growth prospects and sends unemployment soaring. The latest Item Club report sees the

Apr
2026
21

Hungary Has EUR 125 mln Current-account Surplus in February – Budapest Business Journal

Image by Shutterstock.com Hungary’s current account had a EUR 125 million surplus in February, after a EUR 458 mln deficit in the previous month, preliminary monthly data released by the National Bank of Hungary (MNB) on show. The trade surplus reached EUR 768 mln, as the surplus in trade of services came to EUR 844

Apr
2026
21

Trump’s pick to save America’s economy has a huge obstacle

Trump’s pick to save America’s economy has a huge obstacle

President Donald Trump’s choice to lead the Federal Reserve needs to turn around America’s economy — but his surprising problem is Trump himself. “The high-wire act starts before Warsh even has the job,” wrote The Wall Street Journal’s Nick Timiraos on Monday about Kevin Warsh, who Trump has appointed to replace the incumbent Jerome Powell.

Apr
2026
20

Hungarian Stocks Rally as Election Outcome Lifts Investor Sentiment – Budapest Business Journal

Hungarian Stocks Rally as Election Outcome Lifts Investor Sentiment – Budapest Business Journal

Hungary’s benchmark BUX index opened the week strongly, climbing 2.17% to 135,773.68 in early Monday trading, around 15 minutes after the opening bell, according to MTI. The rally comes a day after the Tisza Party’s election victory, lifting investor sentiment and driving gains among blue chips. Shares of OTP Bank rose 2.93% to HUF 42,500

Apr
2026
20

FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

Monday 20 April 2026 6:30 am  |   Updated:  Monday 20 April 2026 8:20 am Trump has renewed threats on Iran’s power plans. (Image: PA) Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a fresh round of volatility. The mood ended last week on a high following