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UK economy

  • Kemi Badenoch interview: ‘I want an economic revolution’

    May 5, 2026

    Kemi Badenoch has told City PM she wants to deliver “an economic revolution” in the UK, based on lower taxes, less government intervention and “a mindset shift” that puts businesses and the City at the heart of the growth agenda. Speaking ahead of this week’s local elections, the Tory leader says she is developing policies [...]

  • Blackstone, Saudi wealth fund collect £4m dividends from four Morrisons stores

    May 4, 2026

    Private equity firm Blackstone and the Saudi sovereign wealth fund have handed themselves £4m in dividends from their ownership of four Morrisons supermarket buildings. The pair acquired the sites – in Maldon, Stockport, Harrogate and Newcastle – for £110m in 2023 as part of a sale and leaseback arrangement which saw the supermarket chain sell [...]

  • Dragon Soop owners hand themselves £4.3m dividend after profit rise

    May 4, 2026

    The owners of Dragon Soop have handed themselves a dividend of £4.3m after the drinks brand toasted a rise in profit. Corinthian Brands, which is based in Knaresbrook and is owned by Paul Burton and John Hibberd, posted profit of just under £5m for 2025, a rise of 2.3 per cent on the previous year. [...]

  • Gilt traders fear Labour electoral losses

    May 4, 2026

    A widespread defeat for Labour in Thursday’s regional elections could trigger a “swing to the left politically” investors have warned, putting further pressure on government borrowing costs that are already at their highest levels since the financial crisis. Polling has suggested Labour is set to lose over 1,000 seats to other parties, including leftwing Green [...]

  • UK carbon markets stand to get an AI boost

    May 4, 2026

    The connection between AI growth and carbon market demand is one the UK is well positioned to act on, writes Chris Hayward.

  • Sparking interest: Could utilities stocks power your portfolio?

    May 4, 2026

    The FTSE 100 isn’t known as the flashiest of stock markets, lacking the might of the trillion-dollar tech stocks of the US or the glamorous luxury conglomerates of France. But what it lacks in shine, it makes up for in reliability, with the index reporting a 21.5 gain in 2025, its strongest calendar year performance [...]

  • Airport jobs at risk as Iran conflict hits flights

    May 3, 2026

    Thousands of UK airport jobs are at risk as airlines cut schedules amid disruption linked to the Iran conflict, as the government is urged to support to protect workers. Ground handling firms and unions have warned ministers that the impact on employment could rival, or even exceed, the pandemic, as reduced flight volumes threaten a [...]

  • Donald Tusk says Nato is falling apart

    May 2, 2026

    Poland’s prime minister Donald Tusk has said Nato is suffering from an “ongoing disintegration” amid pressures on governments to increase defence spending.  In a post on X, the former EU council president indicated a war of words between President Trump and Chancellor Merz of Germany, which led to the US taking 5,000 soldiers out of [...]

  • Labour will regret the Renters’ Rights Act

    May 1, 2026

    There were celebrations across the Labour frontbench as the Renters’ Rights Act came into force today. That won't last for long, writes Ben Hopkinson.

  • Petrol retailers vindicated after Reeves ‘profiteering’ claims

    May 1, 2026

    Petrol retailers have been vindicated of “price gouging”, pouring cold water on the government’s accusations of profiteering from the war in Iran. The Competition and Markets Authority (CMA) found that higher fuel prices in the UK were caused by the rising cost of oil, rather than by retailers expanding their margins to profit from the [...]

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