Simon English

Financial Editor

ABOUT

Simon English is the Financial Editor at The Standard. He has been covering business, the City and Wall Street for 30 years including at The Times, The Telegraph and The Sun. He has worked in New York and the Cayman Islands.... MORE

ABOUT
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Simon English is the Financial Editor at The Standard. He has been covering business, the City and Wall Street for 30 years including at The Times, The Telegraph and The Sun. He has worked in New York and the Cayman Islands.

<p>Nearly 1,000 people have signed a petition calling for Nationwide Building Society to give its 16 million members a vote over its decision to buy rival lender Virgin Money (Mike Egerton/PA)</p>
Business

Take all but £100 out of your Nationwide account, say rebel members

City Comment: The rebel members are becoming an irritant to the Nationwide board

15 Apr 2024
<p>Nervous financial markets were waiting to see how Israel responds to a drone and missile attack by Iran this weekend with many traders fearing a big spike in the oil price if the cycle of violence continues (PA)</p>
Business

Oil market steady amid new Middle East fears

The oil price was little changed today on relief that the vast majority of the projectiles were shot down before reaching their targets

15 Apr 2024
<p>Mikael Armstrong, organiser of the Give Nationwide Members A Say campaign, outside Nationwide’s headquarters in Swindon with a petition calling for the building society to give its 16 million members a vote over its decision to buy rival lender Virgin Money (Stuart Harrison/PA)</p>
Business

Campaign against Nationwide's Virgin Money deal puts pressure on board

Society denies ignoring members, but says a vote is not possible

12 Apr 2024
<p>Ben Bernanke: Bank needs to change</p>
Business

Bank of England told to wise up by former Fed chief Bernanke

Bank’s forecasting has “serious...deficiencies”

12 Apr 2024
<p>Andrew Bailey, Governor of the Bank of England, during the Bank of England Monetary Policy Report press conference, at the Bank of England, London. Picture date: Thursday February 1, 2024.</p>
Business

Will Andrew Bailey and co cut interest rates by June? Don’t bank on it

City Comment: Some economists are now predicting no rate cuts at all this year

11 Apr 2024
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Business

Tesco profits rocket as food inflation eases

Grocer says it is grabbing market share from rivals

10 Apr 2024
<p>HSBC has been hit by massive currency swings in Argentina (Lucy North/PA)</p>
Business

HSBC exits Argentina nursing $1 billion in losses

Argentina exit followers earlier Mexican cocaine scandal

9 Apr 2024
<p>Andrew Bailey, governor of the Bank of England (Justin Tallis/PA)</p>
Business

Inflation could be zero in months, defying Bank of England predictions

Interest rates cuts could be coming soon, City experts say

7 Apr 2024
<p>Fashion chain Superdry has warned investors that it expects to break even for the full year after suffering a hit from shipping delays, despite enjoying a boost in sales over Christmas and Black Friday (Ian West/ PA)</p>
Business

Hope for the best for Superdry, or it’ll be swallowed up by Frasers

City Comment: Recovery won’t be easy, but it would be mean spirited not to wish Julian Dunkerton well

4 Apr 2024
<p>The UK stock market has performed better under Conservative Prime Ministers than Labour ones – unless that PM is Liz Truss, research for the Evening Standard shows</p>
Business

Stock market does best under Tory Prime Minister — unless it's Truss

The figures will offer some relief to Rishi Sunak and colleagues ahead of an election this year

3 Apr 2024
<p>The City’s status as a leading financial centre is under threat, with more firms tipped to quit the London Stock Exchange</p>
Business

Fears for ‘uninvestable’ London stock market as more tipped to leave

The City’s status as a leading financial centre is under threat, amid a huge gap in the value of similar companies in London and New York

27 Mar 2024
<p>Nationwide Building Society has apologised to customers after all payments in and out of accounts were delayed on Friday morning (Mike Egerton/PA)</p>
Business

Nationwide's takeover of Virgin Money could be a disaster

City Comment: I hope I am wrong about this deal

26 Mar 2024
<p>Britain’s biggest pension provider today called for a shake-up of regulations to make it easier for funds to invest in UK assets, boosting returns to customers and coming to the aid of a moribund stock market (Nick Ansell/PA)</p>
Business

Phoenix boss calls for pensions shake-up to boost stock market

On average UK pension funds have just 4% of their assets in UK shares, one reason, say critics, why the stock market is so moribund.

22 Mar 2024
<p>Next offered hope for the battered high street today as it seemed set to hit profit of £1 billion before long and CEO Simon Wolfson said: “It has been a long time since we started a year in a more positive frame of mind.” (Alamy/PA)</p>
Business

Hope for the high street as Next profits soar

Rival mid-market stores such as Ted Baker and Superdry have struggled lately, but Next and M&S power on

21 Mar 2024