Archive
Browse market commentary, macro analysis, and student-led reporting.
Public PolicyOpinion6 Apr 2026
Labour's new inheritance tax reforms cap relief on agricultural assets at £2.5 million, introducing an effective 20% tax above this threshold and reshaping how family farms are passed on.
TaxGovernmentFarmersInheritanceAgriculture
Josh Dolan3 min read
Read ArticleMarkets5 Apr 2026
Jet fuel prices have doubled since February, but airlines face a microeconomic bind: raise fares too fast and passengers vanish, raise them too slowly and margins collapse.
AirlinesOil PricesPrice ElasticityIranMicroeconomics
Jay Patel7 min read
Read ArticleMacroCurrent Affairs28 Mar 2026
Oil prices are being driven by geopolitics, not fundamentals, raising doubts over whether this is real scarcity or just a temporary risk premium.
CommoditiesGeopoliticsOilBackwardation
Matthew Mahrous4 min read
Read ArticlePrivate MarketsPrivate Equity28 Mar 2026
From Blackstone's bid for Senior plc to the largest LBO in history and a regulatory clash threatening the private credit ratings ecosystem, this week laid bare the tensions running through global private capital markets.
Private EquityLeveraged BuyoutsPrivate CreditM&A
Sonal Weerasekera7 min read
Read ArticleHow tensions involving Iran are driving energy prices and reshaping UK politics.
IranInflationConsumer ConfidencePolitical LandscapeUK Economy
Josh Dolan2 min read
Read ArticleSix central bank holds in 48 hours, Brent crude approaching $96, and a US-Iran military conflict have shattered the consensus rate narrative of early 2026, resetting the dollar, the yen, and the entire FX outlook.
FXFederal ReserveBank of EnglandBank of JapanOilGeopoliticsUS Dollar
Raghu Kohli6 min read
Read ArticleMarketsPrivate Equity24 Mar 2026
Record unsold assets, zombie funds, and pension pain. Why the private equity industry is at a structural turning point.
Private EquityPension FundsM&AZombie FundsInterest Rates
Alexander Eklund12 min read
Read ArticleMarketsPrivate Credit16 Mar 2026
Retail investors are pulling billions, insiders say defaults are already here, and banks are quietly tightening credit. The mixed signals across private credit mask a single uncomfortable truth.
Private CreditPrivate EquityRiskWall Street
Alexander Eklund7 min read
Read ArticleMarketsPrivate Credit12 Mar 2026
Partners Group Chair Steffen Meister warns AI will create an asymmetric disaster for private credit, where lenders absorb the losses from disrupted companies while capturing none of the upside.
Rohan Talwar6 min read
Read ArticleMarketsPrivate Credit4 Mar 2026
Investors pulled $3.7 billion from the world's largest private credit fund. BCRED has posted its first ever net outflows, signalling a turning point for the entire industry.
Rohan Talwar5 min read
Read ArticleMarketsPrivate Credit24 Feb 2026
Blue Owl permanently restricts investors from withdrawing cash from its inaugural retail debt fund, backtracking on plans to reopen redemptions this quarter.
Oscar McGuinness6 min read
Read Article