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| The midweek update — what's moved since Monday. |
ISSUE Nº 30 · WEDNESDAY, 10 June 2026 · WEEK 29
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| THE EDITOR | |||
| Matthew Burrows | |||
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| THE MIDWEEK RUNDOWN | |
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44 Months of Falling Jobs, and Counting.
Britain's economy is taking on water. UK Permanent Jobs Fall for a 44th Straight Month totted up the longest hiring slump since 1997, with placements mired at 44.1. UK Services Sector Falters as Iran Fallout Bites drilled into activity at its weakest since 2021 and hiring the softest in 15 years. UK Graduate Jobs Are Driving Talent Abroad spelled out the worst graduate market in 30 years — just 27% had a job by February, and one in ten are eyeing the exit. Then 200,000 More Brits to Join the UK Unemployment Line made the case that a £345bn tax bill, not just the Iran shock, is doing the pushing. And UK Food Inflation Is Back, and Worse Than It Looks laid bare a 1.4% monthly jump at the tills, with the OECD eyeing a 3.7% peak.
The markets desk offered no shelter. Tate & Lyle Accepts £2.7bn US Takeover dug into another London exit — 615p a share to America's Ingredion, a 1921 name heading stateside. Bitcoin Crash: Down 50%, but Institutions Keep Buying got under the skin of a near-50% drop from October's $126,000 peak to around $63,000, even as the big money topped up. Private Equity Stalls Again as a Triple Threat Bites untangled Bain's 'triple threat' — a credit squeeze, an Iran energy spike and sliding tech valuations — freezing dealmaking after 18 months of recovery. South Korea's Star Tech Stocks Crack in AI Selloff took the measure of an 8.2% Kospi drop and $10bn fleeing in a week. And Ferrari Stock Is Down 33%: Is the Market Wrong? stress-tested a 33% slide since July against margins that still look bulletproof.
Two days since your last newsletter, ten stories, and barely a green light among them. The rest of the issue is below…
| THE LEAD | |
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44 months. That’s how long UK permanent jobs have been shrinking — the longest unbroken decline since the survey began in 1997, back when most of today’s graduates were toddlers. May brought no reprieve: the closely watched KPMG and REC jobs gauge sank deeper into contraction as firms froze permanent hiring and bolted for temporary contracts instead. The reason recruiters give is almost paradoxical — the economy isn’t crashing so much as being held up by uncertainty. In plain terms, bosses are too nervous to commit to anyone permanently.

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Escape Wall Street's Control Over Your Crypto
Wall Street hijacked the stock market 200 years ago.
Now in 2026, they're coming for YOUR digital assets.
Bitcoin was supposed to be peer-to-peer. No banks. No middlemen.
Not anymore.
BlackRock owns more Bitcoin than most countries.
Fidelity's ETF hit $10 billion.
JPMorgan called Bitcoin a "fraud" — now they run billions in tokenized assets.
They ARE crypto now.
Every time you hit "Buy" on Coinbase, you're trading at their prices that they've already positioned themselves for the biggest returns. You're fighting over scraps.
It's the 2008 playbook.
Wall Street sold mortgage-backed securities to retail, then shorted them and made billions while people lost their homes.
But there's a way to operate outside their system.
Tan Gera, ex-Wall Street banker and CFA Charterholder, walked away after discovering their two-tier system.
Now, his 35-person research team helps 3,000+ investors access opportunities before Wall Street marks them up 100x.
For educational purposes only. Results will vary. DM Intelligence LLC is not liable for losses.
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| THE STOCKS FEATURE | |
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Ferrari (NYSE: RACE) is the brand that never goes on sale — the waiting lists stretch for years and the prancing horse only ever seems to climb. So why has Ferrari stock just fallen 33% since last July? The market has decided the world’s most exclusive carmaker suddenly has a problem. The real question is whether the market has this badly wrong — or whether even Ferrari isn’t immune to gravity.

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| THE INVESTING FEATURE | |
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Here’s a head-to-head where the two contenders are almost impossible to tell apart. VTI and SPTM are two of the most trusted total-market ETFs in the world — same rock-bottom 0.03% fee, same 1.0% yield, and ten years of returns that differ by a rounding error. So how do you choose between them? And here’s the twist for British readers: you probably can’t buy either one. Let’s unpack what actually separates VTI vs SPTM — and what UK investors should do instead.

| THE PERSONAL FINANCE FEATURE | |
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Here’s a strange thought: you might be building a retirement nest egg right now and have no idea. Millions of UK workers automatically pay into a workplace pension — topped up with extra money from their employer — without realising it. With more than three-quarters of workers set to fall short of a moderate retirement, checking whether you’re one of the savers takes two minutes and could be worth thousands. Here’s how to check.
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| The MJBurrows Briefing — published every Monday, 8am London time. Plain-English UK finance for the people it actually affects. |
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