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UK economy

  • Astrazeneca to ‘upgrade’ US listing in latest blow to London Stock Exchange

    September 29, 2025

    Astrazeneca has laid out plans aimed at “upgrading” its US listing in the latest blow to the London Stock Exchange. The Cambridge-based pharma giant said it would replace its existing Nasdaq listing of American Depositary Receipts (ADRs), a type of listing for trading overseas shares, with a direct listing of ordinary shares on the New [...]

  • Natwest chair: Rachel Reeves’ Budget must include radical tax reform

    September 29, 2025

    The chair of banking giant Natwest has called for Rachel Reeves to implement “radical tax reform” in her Autumn Budget. Rick Haythornthwaite has said a “bold long-term plan” to “kick-start growth” would reassure jittery bond markets and “deliver much-needed social benefits”. “This is the time for a 10-year programme of radical tax reform. Time for [...]

  • GSK shares rally as chief Emma Walmsley to exit after eight years

    September 29, 2025

    The chief executive of pharmaceutical giant GSK has announced plans to step down from the company at the end of the year. Emma Walmsley, who took the helm of the drugmaker in 2017, will be replaced by chief commercial officer Luke Miels. Miels – the former Executive Vice President of Astrazeneca – also joined the [...]

  • Labour say manifesto stands ‘today’ as Reeves ducks VAT hike

    September 29, 2025

    The Chancellor would not rule out fresh rises to VAT ahead of her speech to Labour Party Conference later today, when pressed on the issue by LBC’s Nick Ferrari this morning.  Asked whether Brits could face increases to the retail levy, Reeves said: “You’ll know we made those commitments in our manifesto, and those commitments [...]

  • London tops European cities growth index again as Liverpool moves up the ranks

    September 29, 2025

    London has held on to its spot at the top of a closely watched index of European cities as other UK destinations move up the ranks. The capital has once again ranked number one on the 25th edition of the European Cities Growth Index (ECGI), an annual review of demand for property put together by [...]

  • Winners of Investec’s Beyond Business programme awarded £100k funding

    September 29, 2025

    Leading financial services provider, Investec, has announced the winners of its 2025 Beyond Business programme. The programme attracted a record number 148 entrepreneurs from across East London, who were whittled down to a short list of 11 finalists, before the four winners were selected by a Dragons’ Den style panel, led by chief executive Ruth [...]

  • The world believes in Britain, the government must too

    September 29, 2025

    Business leaders remain laser-focused on delivering growth, now the Chancellor must create the conditions for them to do so, says Chris Hayward As the Chancellor prepares to address the Labour Party Conference, her desk in Number 11 Downing Street is doubtless already buckling under the weight of submissions featuring friendly advice about how to shape [...]

  • Home Secretary outlines tougher guidelines for those seeking indefinite leave to remain

    September 28, 2025

    Migrants who want to remain in the UK will have to learn English to a high standard, have a clean criminal record and volunteer in their community, the Home Secretary will say. In her Labour Party conference speech on Monday, Shabana Mahmood is expected to set out a series of conditions for those seeking indefinite [...]

  • Rachel Reeves announces youth guarantee to combat long-term unemployment

    September 28, 2025

    Rachel Reeves will make the case for a society founded on “contribution” as she unveils plans for a “youth guarantee” aimed at driving down unemployment. The Chancellor is expected to say Britain must build on the principle of doing “our duty for each other” and “hard work matched by fair reward”, in a speech to [...]

  • Government guarantees Jaguar Land Rover £1.5bn loan

    September 28, 2025

    The UK government will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) in a bid to support its suppliers as cyber-attacks continue to halt production. Business Secretary, Peter Kyle said the loan, from a commercial bank, would project jobs across the UK, in particular in the West Midlands and Merseyside. The manufacturer has [...]

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