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UK economy

  • Let’s be honest, not all small businesses are meant to survive

    April 20, 2026

    The fact that not every small business survives is far from a bad thing; in fact it's the sign of a healthy economy, writes Alexandra Rosen.

  • Revolut’s blockbuster IPO is two years out, says Nik Storonsky

    April 20, 2026

    The boss of Revolut has ruled out a public listing for the next two years in a move that extends the Treasury’s timeline to shore up one of Europe’s most-desired IPO prospects. Nik Storonsky, the straight-talking founder of Revolut, said a public debut was “two years away”. “We’re a bank, and for a bank, it’s [...]

  • Airfares, petrol pumps, rent: Inflation to jump due to Iran war

    April 20, 2026

    Inflation is expected to jump to 3.3 per cent as the first effects of the war in Iran will be recorded in a new set of data.  The Office for National Statistics (ONS) is expected to reveal that inflation inched up in the year to March due to soaring fuel prices and tremors across financial [...]

  • Britain’s Potemkin economy

    April 20, 2026

    The compliance industrial complex means vast swathes of the economy – from HR to ESG to EDI – are entirely dependent on the state, says Elliot Keck If the UK was an American state we would be the poorest, according to new research from the Institute of Economic Affairs. How did we get here? Surely [...]

  • Unemployment to peak at 5.8 per cent as jobs market faces ‘biggest hit’ since pandemic

    April 20, 2026

    Britain is set to be “pushed to the brink of a technical recession” in the coming year as the economic fallout of the war in Iran dampens growth prospects and sends unemployment soaring. The latest Item Club report sees the UK economy flatlining in the second and third quarters as it digests the consequences of [...]

  • Rachel Reeves to meet Lloyds and Natwest chiefs over Iran war

    April 20, 2026

    Rachel Reeves has called in the bosses of Britain’s top banks for a summit this week to discuss the economic impact of the war in Iran. The Chancellor has invited executives from Barclays, HSBC, Lloyds, Natwest, Santander UK as well as the UK’s biggest building society Nationwide for a meeting this Wednesday. The meeting – as [...]

  • FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

    April 20, 2026

    Good morning and welcome back to the City PM liveblog. Markets are returning from the weekend to a fresh round of volatility. The mood ended last week on a high following the re-opening of the Strait of Hormuz but that sentiment was quickly squashed over the weekend as tensions renewed. Shipping in the Strait of [...]

  • Semi-liquid vehicles set to surpass $3 trillion as more retail investors enter the market

    April 20, 2026

    Wealth managers and private market fund managers anticipate semi-liquid assets under management to rocket over the next four years, as more retail investors tap into the market. Assets under management (AUM) held in semi-liquid vehicles is expected to exceed $3 trillion (£2.2 trillion) in 2030, according to Carne Group, with the market nearly tripling between [...]

  • Consumer confidence suffers biggest drop in four years amid Iran inflation fears

    April 20, 2026

    Consumer confidence fell at the fastest rate in four years as Brits tightened their purse strings amid fears the Iran war will spike inflation.  Brits’ confidence in their spending power fell by three per cent at the start of this year, as it reached its lowest level since 2023 and made the biggest drop since [...]

  • Sainsbury’s threatens to crack down on shoplifters caught swapping eggs

    April 18, 2026

    UK supermarket giants Sainsbury’s has threatened shoplifters with police action if they are caught swapping premium eggs into cheaper boxes. Sainsbury’s has placed signs in stores telling customers that egg swapping is “regarded as theft”, claiming that any footage of shoplifting would be shared with police. In a picture posted on social media by retail [...]

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