Will Rachel Reeves hike taxes in her first Spring Statement? March 19, 2025 Chancellor Rachel Reeves is set to make her first Spring Statement next week, and rumours are starting to swirl that the tax hikes could be on the cards as she tries to get the government debt under control. Given the Chancellor’s commitment to just one major fiscal event a year the Spring Statement is intended [...]
PM’s growth rhetoric does not match reality March 18, 2025 Stirring words from the Prime Minister in today’s City PM, with Keir Starmer vowing to unleash the “animal spirits” of the private sector. He knows his audience, I’ll give him that; City PM readers know better than anyone just how important businesses large and small are to the country’s prosperity. It wasn’t very long ago [...]
Talking Finance: Five questions you should ask yourself before investing March 17, 2025 In this episode of Talking Finance, Marianna Hunt, a volunteer at City Pay it Forward, explains the five questions everyone should ask themselves before they start investing.
OECD slashes UK economic forecasts amid global slowdown March 17, 2025 The Organisation for Economic Co-operation and Development (OECD) has cut the UK’s economic growth forecasts due to stubborn inflation and an escalating trade war. The OECD’s new interim report scaled back UK growth to 1.4 per cent in 2025 and 1.2 per cent in 2026 – down from previous projections of 1.7 and 1.3 per [...]
GDP shrinks in January as UK economy prepares for upcoming tax hikes March 14, 2025 The UK economy underperformed expectations in January. According to the latest set of gross domestic product (GDP) figures published by the Office for National Statistics (ONS), the economy shrank by 0.1 per cent in January as output was dragged down by a sharp drop in output in the production sector. Over the three months to [...]
Labour’s growth agenda? Necessary but not sufficient. March 11, 2025 Ministers will be deeply frustrated at the lack of economic growth, though they ought not to be surprised. Their own missteps have been well covered in this newspaper, and week after week new survey data reveals the extent to which government policies have dampened spirits, reduced hiring and spooked confidence. However, while their opening salvo [...]
The Editor’s Interview: Should the Tories be afraid of Nigel Farage’s Reform UK? March 10, 2025 In this episode, we see top Tory Andrew Griffth MP grilled by City PM Editor Christian May on the threat posed to the Conservatives by Nigel Farage's Reform UK.
Free Thinking: Will Musk regret putting Trump’s politics before Tesla sales? March 7, 2025 This week on Free Thinking, Alys Denby is joined by writer and City PM columnist Eliot Wilson to discuss whether Elon Musk is paying the price for mixing politics and business.
Reeves is gearing up for a blame game March 6, 2025 You can hear the spin a mile away; as the Chancellor’s team prepares for the Spring Statement the groundwork is being laid. Despite the fact that the inevitable consequences of the government’s multi-billion pound tax raid on businesses have been clear for months, with economic growth suffocated, sources close to the Chancellor are telling the [...]
Bank of England warns ‘age of uncertainty’ stopping rapid rate cuts March 5, 2025 An “age of uncertainty”, especially over the path of inflation, means that rapid interest rate cuts are unlikely to be coming to the UK, top Bank of England officials have said. Huw Pill, chief economist at the Bank of England, said the central bank was unlikely to make “larger and more rapid cuts to interest [...]
