Fund managers dumping UK stocks at fastest rate in two decades September 16, 2025 The scale of investor doubts over the British economy has been laid bare after fresh data found fund managers were pulling out of UK stocks at a pace not seen in more than two decades. Average equity allocations to the UK dropped from a net 2 per cent underweight in August to a net 20 [...]
State pension boost raises questions on tax and triple lock future September 16, 2025 While pensioners may be cheering a proposed 4.7 per cent rise in the state pension, there are lingering questions over the sustainability of such increases and the viability of the triple lock itself. The proposed uplift means that payments to retirees are on track to rise by more than £560, bringing the new full state [...]
State pension to rise by £560 in extra costs to Treasury September 16, 2025 The state pension is set to rise by more than £560 from April as wage growth figures used to calculate the increase will make the elderly the “big winner” from today’s economic data in another extra cost to Rachel Reeves. The triple lock uprating policy, which was introduced 15 years ago, means the pension increases [...]
Reeves’ taxes ‘incredibly damaging’ to historic family business September 16, 2025 The tax hikes introduced by Chancellor Rachel Reeves in her Autumn Budget are “a real setback” and will be “incredibly damaging”, one of the UK’s biggest family-owned breweries has warned. Robinsons Brewery, which has been in business in Stockport for more than 180 years, has issued a warning that 2025 will be “a much more [...]
Firms continue to shed workers as jobs market deteriorates September 16, 2025 The collapse of the UK jobs market has deepened, according to official data, undermining the Labour government’s goal to boost employment. Firms continued to shed workers as the number of payrolled employees dropped by 6,000 in July, adding to a collapse of 142,000 over the year. Provisional estimates suggest there was a fall of 8,000 [...]
City PM Shadow MPC votes 8-1 to HOLD interest rates September 16, 2025 Leading economists from academia and the City have voted 8-1 for interest rates to be held at four per cent in City PM’s Shadow Monetary Policy Committee (MPC) ahead of the Bank of England’s own decision this week. Top analysts, who expressed views independently of their organisations, have said that stubborn inflation above the Bank [...]
Big pharma’s devastating retreat from the UK September 16, 2025 Merck and AstraZeneca’s withdrawal from UK investment is a warning signal to Rachel Reeves – but is she listening? Asks Oliver Dean Both AstraZeneca and Merck’s decision to abandon their respective UK expansions is more than a corporate setback. It is a catastrophic loss of jobs, investment and future innovation and the public are now [...]
Google pledges £5bn investment as it opens first UK data centre September 16, 2025 Google has pledged to invest £5bn into the British economy as it opens its first owned and operated data centre in the UK. The tech giant said the investment, which comprises capital spending and research and development over the next two years, will bolster its AI-powered projects in science and healthcare, creating more than 8,000 [...]
Rachel Reeves’ tax hikes are ‘taking Britain back to 1980s’ as investors turn their backs September 15, 2025 Britain’s jobs market is being hollowed out just like it was in the 1980s thanks in part to Chancellor Rachel Reeves’ tax hikes, the chief executive of recruitment giant Reed has said, as the CBI warns the country is now seen as a less attractive place to invest than five years ago. James Reed said [...]
Parents’ secrecy on inheritance plans leaves children facing unexpected tax burdens September 15, 2025 Parents are choosing not to tell their children about their inheritance plans, leaving them at risk of being slapped with unexpected tax bills, new research has found. According to investment manager Charles Stanley, more than a third of Brits have an alarming lack of knowledge of how their parents plan to pass down wealth, despite [...]