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Just over 60% of UK-based market professionals in a poll from Deutsche Bank's research unit see some form of “daily life [or] economic restrictions to still be in place” by December

City editor

People Correspondent

The country is back open, but City workers are already bracing for some parts of it to slam back shut again.

Just over 60% of UK-based market professionals in a poll from Deutsche Bank's research unit see some form of “daily life [or] economic restrictions to still be in place” and 16% expected life to be “heavily restricted after a fresh wave of Covid-19 cases” by December. 

City bankers brace for lockdowns to return by year-end

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Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

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Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

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In a 12-hour social-media barrage, the world’s richest man led a rebellion against a bill aimed at keeping the government funded.

Musk Draws First Blood With Spending Bill Bombshell 

Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

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How the White House Functioned With a Diminished Biden in Charge

Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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