FPC remit and recommendations for 2026/27

FPC remit and recommendations for 2026/27

On 28 October 2026, HM Treasury published a letter from the Chancellor of the Exchequer, John Healey MP to the Bank of England Governor, Andrew Bailey. The letter sets out the remit, recommendations and priorities for the Financial Policy Committee (FPC) for...
France On Fire and We Ought to Care

France On Fire and We Ought to Care

My family and I are visiting Paris after Christmas.  As I write this, the “unrest” (what a delightfully value-free sounding word) continues.  The French do the Street better than everyone else, and they’ve been doing it at a very...
Weil Gotshal Is Now Discussing A Possible Wind-Down

Weil Gotshal Is Now Discussing A Possible Wind-Down

Yesterday, we told you Weil Gotshal & Manges was panic mode, and now we know just how bad that is. The Financial Times reports that Weil has brought in Brian Resnick, one of Davis Polk’s top bankruptcy lawyers, to advise on a potential restructuring. A wind-down...