Monday, 2 November 2026
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Finance

FCA, Bank of England, banking, payments and the UK capital markets.

Finance trading

UK Capital Issuance Rose as Repayments Outran New Issues

Bank of England data show £76.5 billion of gross securities issuance in September but negative £1.8 billion of net issuance. Non-financial companies reduced market debt on balance, although one unadjusted month cannot establish a financing squeeze.

Finance regulation

FCA publishes AI cases on customer harm and controls

The regulator has published examples of where AI use helps customers and where weak oversight can hurt them. Its test is evidence of outcomes, accountability and resilience under existing rules.

Finance trading

Bank of England Weighs Letters of Credit for Initial Margin

The proposal could spare non-financial hedgers from tying up cash for initial margin. It would also leave clearing houses relying on bank promises in a default, so the Bank of England wants issuer limits and drawdown checks.

Finance macro

BoE's Greene Warns Wage Growth May Hold Near 3.5%

The MPC member says a widely watched pay series may understate underlying wage pressure. Her warning sharpens the November rate debate, but it is her assessment, not a new Bank forecast or decision.

Finance trading

UK insurers' net bond buying rises; US peers' falls

After a surprise rise in long-term UK gilt yields, a Bank of England working paper estimates higher cumulative net purchases of sterling corporate bonds by UK life insurers and lower net buying of dollar bonds from UK issuers by US peers. The split complicates any market-wide reading.

Finance regulation

FCA to Cut 13 Fields From UK Transaction Reports

The FCA projects £108 million in annual savings. The effect of smaller reports on market-abuse surveillance remains untested and depends on retained data and firms' controls.

Finance regulation

38 Firms Joined SIMEX26. Recovery Times Remain Undisclosed

The Bank of England says 38 major financial firms and market infrastructure operators joined a global cloud disruption exercise. Its account describes collective response, while leaving service continuity, recovery times and provider participation unanswered.

Finance banking

UK Banks Report Higher Senior Debt Share

A Bank of England survey points to a higher senior-debt share and weaker underlying corporate-deposit supply, but cash flows, issuer disclosures and loan pricing do not yet show banks substituting debt for deposits.