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UK economy

  • Stealth tax raid to cost City workers £14k each by 2028

    June 3, 2024

    "The tax rises that happened as a result of the pandemic and the energy shock – these two giant shocks – will stay for their allotted time period," Hunt told the BBC.

  • Manufacturing activity jumps to highest level in over two years

    June 3, 2024

    The survey showed that the upturn in activity was broad-based by both sub-sector and company size.

  • Pubs with rooms drive up revenues at London and south west pub group

    June 3, 2024

    Pub owner Liberation Group has revealed “record” sales for the year, helped by growing demand for its accommodation services. 

  • Monzo posts first annual profit as digital bank targets European expansion

    June 3, 2024

    Monzo has reported its first annual profit since it launched in 2015, with the digital challenger bank enjoying record growth and unveiling plans to expand into Europe.

  • FTSE 100 today: London markets set to open higher on growing rate cut bets

    June 3, 2024

    Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.

  • Election 2024: Sunak pledges cash to towns as Starmer pitches ‘wealth creation’

    June 1, 2024

    In the Times, Sir Keir has pitched to the middle class and the middle ground as he told the paper his “number one mission is wealth creation”.

  • Sunak: ‘The plan is working’… But what is the plan?

    May 31, 2024

    City PM has had a look at what Sunak and Hunt have been saying and doing over the past couple of years, pulling together what can, with a bit of squinting, be described as a plan.

  • UK business confidence jumps to highest level since Brexit referendum

    May 31, 2024

    Hann-Ju Ho, senior economist at Lloyds, said the results "highlight a notable improvement in business confidence."

  • FTSE 100 today: London markets set to open higher as yields retreat

    May 31, 2024

    Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.

  • Supply of houses reaches highest level in eight years as sellers remain confident ahead of general election

    May 30, 2024

    The amount of homes for sale is at its highest in eight years, according to a new report, but this could lead to house prices remaining flat for the remainder of 2024.

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