UK economy: Stagflation concerns persist after worrying week January 24, 2025 Data out this week suggested that concerns about stagflation have not yet fallen off the agenda.
The Week in Business: Reeves tries to rescue the non-doms January 24, 2025 It’s a funny old world when the pleas of pensioners, farmers and shopkeepers fall on deaf ears but a Labour chancellor flies to Davos to break the news that she’s “listened to the concerns of the non-dom community” – and will be watering down her assault on their tax arrangements. Let’s take a look at [...]
Firms slash jobs and hike prices as Reeves’ Budget fallout continues January 24, 2025 UK businesses hiked prices and cut staff in January, a new survey shows, as firms continued to struggle in the wake of October’s Budget. The latest ‘flash’ purchasing managers’ index (PMI), which reflects business activity in the private sector, showed employment levels decreasing for the fourth month in a row. “Many firms suggested that the [...]
Firms finding it ‘almost impossible’ to survive after Labour tax hikes January 24, 2025 Less than three months after the Budget, critical financial distress for UK businesses climbs by 50 per cent, with the construction sector leading the table
Andy Burnham wants Manchester to add an extra £13bn a year to the UK economy – this is how January 24, 2025 A decade-long plan to increase Greater Manchester’s contribution to the UK economy by £13bn a year has been unveiled by the region’s mayor, Andy Burnham. The proposal, which has been made public today, would see the “whole Greater Manchester system mobilised” to deliver £1bn of investment every year between now and 2035. Burnham has also [...]
UK economy: ‘Consumers see dark days ahead’ January 24, 2025 GfK's overall consumer confidence index fell to -22, which was down five points on December and put confidence at its lowest level since the end of 2023.
If the Chancellor wants growth she must restore business confidence January 24, 2025 Confidence is fundamental to how businesses choose to invest and grow and at the moment it’s poor. If the Chancellor wants to turn this around she must listen to the City, says Sir Michael Snyder With the UK economy in the spotlight amid rising bond yields, high national debt, concerns over inflation and rising taxes, [...]
UK economy: Consumers catch ‘January blues’ as confidence slumps January 23, 2025 Confidence in the health of the economy fell to its lowest level since the BRC started collecting data on the topic in March 2024.
Courtroom challenges to planning decisions to be limited, No10 announce January 23, 2025 Courtroom challenges to infrastructure planning decisions are set to be limited, No10 has announced in what they framed as a bid for growth. Attempts to challenge major infrastructure schemes via the judicial system, such as nuclear plants, train lines and windfarms, will be restricted, Sir Keir Starmer has confirmed. The Prime Minister said the measure, [...]
Rachel Reeves: UK won’t be Trump tariff target due to trade deficit January 22, 2025 Rachel Reeves has argued that the UK won’t be a target for Trump’s trade tariffs because we have a “trade deficit” with the US. The Chancellor argued President Donald Trump was “concerned about the trade surpluses” with various countries around the world, but stressed that was “not the case” with the UK. It comes after [...]
