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UK economy

  • Labour ‘quietly hammering’ workers as pensioners benefit, think tank warns

    January 2, 2026

    The Labour government is “quietly hammering” workers following the Autumn Budget’s stealth tax raid while pensioners and those on benefits are set to enjoy a jump in income, a think tank has said. In the November Budget, Rachel Reeves extended the freeze on income tax thresholds until 2031 – a move which is viewed as [...]

  • What does 2026 hold for London property owners?

    January 2, 2026

    Ordinary London home owners are set to be hammered by Rachel Reeves’ Mansion Tax and skyrocketing council tax. But the capital will prove resilient, says James Evans It’s going to be an interesting year ahead for the capital’s property owners and how they deal with the fallout from the Budget.  Central to this is how London [...]

  • Legacy banks must ‘radically modernise’ or lose to fintech stars, says former Barclays boss

    January 1, 2026

    A decade ago, Antony Jenkins was ousted from his role as chief executive of Barclays and months later warned the banking sector was reaching an “Uber moment”. Jenkins declared technology would be an “unstoppable force” in the banking sector and could lead to hundreds of branch closures and potentially slash the industry’s workforce by half. [...]

  • City PM’s 10 stock picks for 2026

    January 1, 2026

    2025 was a rollercoaster year for the stock market. Equity indices fell off a cliff in April when the unveiling of US president Donald Trump’s “Liberation Day” tariffs spooked investors and triggered a widespread sell-off. They have since made a strong recovery, helped along by enthusiasm for the innovative potential of AI and the stocks [...]

  • The winners and losers of the FTSE 100’s record year

    December 31, 2025

    In what has been a record year for the FTSE 100, a number of London’s blue-chips missed out on the rally and were left in the dark. The FTSE 100 is poised to close 2025 just shy of the 10,000 mark after rising 20 per cent over the course of the year, led by strong [...]

  • Britain lost one pub a day in 2025

    December 31, 2025

    One pub a day closed its doors in 2025 as businesses were forced to battle mounting cost pressures and an increasingly heavy tax burden. Fresh analysis from global tax firm Ryan showed 366 pubs were demolished or converted for other uses in the last 12 months. Since 2020, nearly 2,000 pubs have closed for good, [...]

  • FTSE 100 ends record year with close just below 10,000

    December 31, 2025

    The FTSE 100 closed just below the record 10,000 in the final trading session of the year on Wednesday after a last-minute surge fizzled out. After a record-breaking 41 new all-time highs this year, the index ended 2025 up 20.2 per cent at 9,931. At the beginning of trading, it looked as if the index [...]

  • Britain stuck at bottom of G7 for total investment as Labour’s policies backfire

    December 31, 2025

    Rachel Reeves has come under fire after fresh data revealed Britain was stuck in last place among the world’s seven largest economies for total investment. Public and private investment marked just 18.6 per cent of GDP in the three months to September, placing the UK last among the G7 nations. Whilst it is a trend [...]

  • London IPO market saw tepid recovery in 2025

    December 31, 2025

    The London IPO market saw the beginnings of a recovery in 2025 as a flurry of listings in the fourth quarter helped offset an otherwise lackluster year for floats. Some $1.9bn (£14.1bn) was raised via initial public offerings in London over the course of the year, more than double the amount raised last year and [...]

  • How to boost your pension pot in 2026

    December 31, 2025

    The New Year is fast approaching, and with it, resolutions to improve financial situations and retirement outlooks. This can be done through changing cash ISA accounts for one with a more favourable interest rate, investing in the stock market or paying off debts. But for many people, in particular those approaching retirement, reviewing and updating [...]

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