Tiwa Adebayo

Trade bodies who spoke to Bloomberg say they support closer alignment with the region, but also value the UK's regulatory independence.

In London, Tiwa Adebayo, Bloomberg Radio.

Nearly a decade on from the country's defining EU referendum, UK Prime Minister Keir Starmer is caught in closer alignment with the European single market.

The Premier's desire to soften the Brexit deal comes after London's financial hub says it's time to get serious about protecting EU links.

Research from the City of London Corporation and think tank New Financial is warning that the bloc's new capital requirements directive could stifle investment from London if changes aren't made.

But forging links could be complicated now British regulators have had the flexibility to rewrite old EU rules on issues like bonus deferrals and investor documents.

Trade bodies who spoke to Bloomberg say they support closer alignment with the region, but also value the UK's regulatory independence.

In London, Tiwa Adebayo, Bloomberg Radio.

More British workers face losing their job now than at any point in almost three years.

That's according to fresh data from the government's insolvency service about the number of potential redundancies, which are at their second highest level since the pandemic.

It's a spike that's especially concerning given job loss is typically slow over the festive period.

Now the pressure is on policymakers at the Bank of England to continue lowering interest rates this year,

as the labour market shakeout intensifies.

In London, T.Y.

De Baio, Bloomberg Radio.

More British workers face losing their job now than at any point in almost three years.

That's according to fresh data from the government's insolvency service about the number of potential redundancies, which are at their second highest level since the pandemic.

It's a spike that's especially concerning given job loss is typically slow over the festive period.

Now the pressure is on policymakers at the Bank of England to continue lowering interest rates this year as the labour market shakeout intensifies.

In London, Tiwa Adebayo, Bloomberg Radio.