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UK economy

  • Starmer looks to woo Japanese investors amid Asia trip backlash

    January 31, 2026

    Keir Starmer said he would hold discussions with investors and business owners in Japan after landing in Tokyo, with the Prime Minister hoping to defy critics of his recent trip to China with new deals to boost the UK economy.  Speaking on a plane from Shanghai to Tokyo, Starmer said discussions with Prime Minister Sanae [...]

  • Betfred brothers, Alex Gerko, Mike Ashley: Top UK taxpayers revealed

    January 31, 2026

    Betting entrepreneurs Peter Done and Denise Coates, traders Alex Gerko and Chris Rokos, and high street kingpins Tim Martin and Mike Ashley are among the top taxpayers in the UK, new analysis has revealed. Betfred founders Fred and Peter Done paid the most cash into HMRC over the past year, according to The Sunday Times’ [...]

  • Schroders signs deal with leading Chinese battery maker

    January 30, 2026

    Leading asset management firm Schroders has signed a deal with a Chinese battery making giant, amid chief executive Richard Oldfield’s trip to China, led by prime minister Keir Starmer. The group’s Schroders Greencoat business, which invests in renewable energy infrastructure, signed the deal with Contemporary Amperex Techology (CATL) and Hong Kong based private equity firm [...]

  • London house prices ‘need’ to fall amid supply increase, housing minister says

    January 30, 2026

    House prices “probably need” to fall in London, the housing minister has said, after insisting that the government’s 1.5m home building target could still be met. Matthew Pennycook said Labour wants to encourage developers to compete on volume in order to ramp up housing supply and make homes more affordable. There are “people in London [...]

  • Don’t blame universities for the graduate crisis

    January 30, 2026

    Blaming universities for the graduate crisis is convenient, but it isn't true, writes Eliza Filby. Here's what's actually gone wrong.

  • ‘Absolutely bonkers’: Labour minister hits back at Trump’s criticism of China trade

    January 30, 2026

    A Labour minister has hit back at comments from President Donald Trump that trading with China was “very dangerous” for the UK. Sir Chris Bryant, who has served as trade minister since September 2025, said it would be “absolutely bonkers” for the UK not to do business with China. “You have to challenge China on [...]

  • FTSE 100 Live: Gold rally eases; Trump warns UK on China trade

    January 30, 2026

    Good morning and welcome to the City PM liveblog. As we round off the first month of trading, miners have dominated market activity. After becoming the FTSE 100’s top riser in 2025, gold miner Fresnillo has continued with gains in the new year, netting 20 per cent already. This is an inch below the FTSE [...]

  • Business confidence drops in blow to Labour 

    January 30, 2026

    Business confidence fell again at the start of the year, according to a tracker frequently cited by Keir Starmer and Rachel Reeves, dealing a blow to the government in its hopes of boosting the UK economy before difficult elections in May. Starmer and Reeves have frequently pointed to the Lloyds Bank business barometer when speaking [...]

  • Trainline calls for better delay repay after passengers lose out on £80m

    January 30, 2026

    London listed ticketing app Trainline has launched a new campaign urging the government to improve delay repay compensation after consumers lost out on millions. Rail passengers are missing out on an estimated £80m in compensation for journeys each year, with the “bureaucratic and inconsistent claims” process being too frustrating for passengers to navigate while preventing [...]

  • ‘No comment’: City firms on Starmer China trip keep schtum

    January 29, 2026

    When Sir Keir Starmer boarded a British Airways flight to Beijing earlier this week, he brought with him a coterie of leaders from British industry to help fly the flag. More than 50 delegates were invited on the PM’s trip, many from top City institutions such as law firm Clifford Chance and accounting giant PwC. [...]

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