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Rachel Reeves

  • Business rates reform must even playing field between high street and online

    January 6, 2026

    Bricks and mortar businesses are being unfairly punished by outdated business rates in need of reform, writes Ros Morgan

  • Soaring food costs send shop price inflation higher

    January 6, 2026

    Soaring food costs pushed shop price inflation higher in December, fresh data has revealed, as Brits faced the crunch during the Christmas season. Food inflation reached 3.3 per cent in the final month of 2025, up from three per cent in November, with fresh produce rising to 3.8 per cent from 3.6 per cent previously. [...]

  • Brits borrowed more despite Budget unease

    January 5, 2026

    British consumers took out more in credit over November than expected despite suggestions that Budget speculation would have held people back from taking risks, official data has shown.  Economists widely predicted that weeks of speculation over tax rises dampened consumer sentiment and prevented people from borrowing more.  But the Bank of England has revealed that [...]

  • FTSE 100 Live: Shell and BP lead index near 10,000 amid oil tensions

    January 5, 2026

    Good morning and welcome back to the City PM morning liveblog. The FTSE 100 kicked off the new year on the front foot marking an intraday high of 10,046.25p on Friday in the first trading session of 2026. Whilst it slipped back in later trading, strong performances across blue-chip heavyweights including Rolls-Royce and Fresnillo, led [...]

  • UK economy showing signs of ‘zombie apocalypse,’ says think tank

    January 5, 2026

    The UK economy faces a “zombie apocalypse” in the coming year, as years of tough trading conditions force thousands of unproductive firms to the wall, an influential left-leaning think tank has predicted. The Resolution Foundation forecasts a “triple whammy” of multi-year increases in interest rates, energy prices and the minimum wage will lead to the [...]

  • Rainy day savings, pensions and stocks: Brits’ 2026 financial resolutions

    January 5, 2026

    Nearly one in three people are aiming to reduce their monthly spending in 2026, as more Brits look to boost their savings. According to a survey commissioned by Pensions UK, committing to building up ‘rainy day’ savings as a new year’s resolution has grown in importance, with 28 per cent planning to do so this [...]

  • Starmer: I’ll still be prime minister going into 2027

    January 4, 2026

    Prime Minister Sir Keir Starmer has insisted he will still leading the country this time next year, dismissing concerns about his leadership, despite growing rumours about challenges within the party. The Labour leader said that frequent leadership changes were not in the national interest, taking note of the “chopping and changing” of prime minister under [...]

  • Embracing elective dictatorship could save Starmer

    January 2, 2026

    Starmer's government should be the most powerful in the West. To save the Labour party he must remember that in 2026, writes John McTernan.

  • Knight Frank appointed for bumper Brighton Palace Pier sale

    January 2, 2026

    Knight Frank has been instructed on the sale of Brighton Palace Pier, two months after the Grade II-listed landmark’s owners revealed their plans to offload the amusement park amid a barrage of economic headwinds. The Brighton Pier Group appointed the property giant to seek a buyer for the coastal attraction, which its operator said in [...]

  • Activity in UK’s embattled manufacturing sector hits 15-month high

    January 2, 2026

    The UK’s embattled manufacturing sector took another small step towards recovery at the end of 2025 thanks to an influx of new orders. The latest UK Manufacturing Purchasing Managers’ Index (PMI) from S&P Global UK hit a 15-month high as the industry continued to grow for the second consecutive month. The PMI reading hit 50.6, up [...]

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