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Economics

  • Entrepreneurs offer a plan to pull Britain out of the doom loop

    February 24, 2026

    Entrepreneurs are problem solvers by nature, so we should welcome the fact that an esteemed group of them are turning their attention to the biggest challenge of our age: how to pull Britain out of the doom loop. Enterprise Britain launches today with a rallying cry to “reject the narrative of decline” and “reignite Britain’s [...]

  • UK firms ‘misallocate £10bn’ on HR departments, report says

    February 23, 2026

    The UK’s human resources sector is twice the size of the EU’s and has led to firms misallocating as much as £10bn in capital, new research has suggested.  A paper on the cost of diversity and equality agendas on businesses has argued that HR departments have grown at a disproportionate rate, with the UK having [...]

  • Reform vow to create new ‘wealth fund’ using pension schemes 

    February 23, 2026

    Reform UK has pledged to create a new “British Sovereign Wealth Fund” using local government pension schemes as part of Richard Tice’s first policy package as the party’s spokesman for business, trade and energy.  Reform has vowed to wrap various arms of government, including housing and energy, into one office that focuses on growth, job [...]

  • Businesses continue to face legal uncertainty despite court ruling on tariffs

    February 23, 2026

    When the US Supreme Court handed down a landmark judgment against President Donald Trump’s tariffs last week the ruling sent shockwaves across the world, raising questions about what is next for businesses. On Friday, the Supreme Court, which has a 6-3 Conservative majority, struck down the tariffs, which could pose major financial consequences for the [...]

  • Economy bogged down by low-performing firms

    February 23, 2026

    The UK economy is suffering from an ever-lengthening tail of low productivity businesses, according to a new report from BCG.  Between 1997 and 2023, the number of firms below the 25th productivity percentile nearly doubled, rising from 444,500 to 873,000, while the total number of firms increased by 70 per cent.  At the other end [...]

  • Three more interest rate cuts could come, Bank of England official says

    February 23, 2026

    The Bank of England could make three more interest rate cuts in order to reach its neutral level as inflation drops back to two per cent over the coming year, a Monetary Policy Committee member has suggested.  Alan Taylor, an external member who has consistently voted for larger interest rate cuts over the past year [...]

  • Job vacancies at lowest level since 2021 as London worst affected

    February 23, 2026

    The UK’s job market took another hit after total vacancies fell to the lowest level since 2021, with London the region facing the biggest drop in open roles.  The number of jobs advertised plummeted 16 per cent year-on-year to January, dipping below 700,000 for the first time since January 2021, according to job search platform [...]

  • Tories pledge to cut ‘eyewatering’ interest on some student loans

    February 22, 2026

    The Conservative party has pledged to slash some of the interest paid on student loans issued up until 2023 amid growing opposition around the crippling amount of student debt. Tory leader Kemi Badenoch said the Plan 2 loans system – which around 5.8 million took out loans under between 2012 and 2023 – “increasingly feels [...]

  • UK and Trump in new tariff discussions as businesses sound alarm

    February 22, 2026

    The UK is in discussions with the US over President Trump’s latest tariff salvo, a cabinet minister has confirmed, as businesses sound the alarm about the increased rate. President Donald Trump raised his base global tariff rate to 15 per cent on Saturday after the US Supreme Court struck down the authority he used to [...]

  • US Supreme Court rules Trump’s ‘Liberation Day’ tariffs were illegal

    February 20, 2026

    The US Supreme Court has handed down a landmark ruling that the sweeping tariffs President Donald Trump imposed on trading partners last year were illegal. Justices were weighing up a case centred around the Emergency Economic Powers Act that allows a President to regulate imports during a national emergency. The White House had argued the [...]

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