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UK economy

  • Companies House admits security failure was live for six months

    March 16, 2026

    A security vulnerability which allowed Companies House users to view and change other companies’ details without their consent was live for at least the past six months, the government registry has admitted. An investigation conducted by Companies House over the weekend has found that the security failure was introduced in an October 2025 update to [...]

  • Will Thames Water’s latest rescue package pass muster?

    March 16, 2026

    Thames Water’s latest rescue package has been designed to fend off the public’s criticism of the way the company has been mismanaged. In a statement, Thames Water said the new detail would comprise £6.6bn of new debt – including £3.3bn accessible on day one of the rescue plan being implemented – which will be provided [...]

  • Labour urged to revisit non-dom regime to revive London economy

    March 16, 2026

    Business leaders have urged Labour to overturn its abolition of the “non-dom” tax regime to stem an “exodus” of high-net worth figures leaving the capital.  Lobby group BusinessLDN has called on the government to create an “Office for Tax Competitiveness” to identify where the UK loses out on attracting investment and growth due to stricter [...]

  • ‘Pressure point’: Oil prices spike as Trump turns up heat on Nato

    March 16, 2026

    The price of oil spiked once more as trading for the new week began after Donald Trump ramped up pressure on his Nato peers to help get supply flowing. Brent crude, the international benchmark for oil prices, jumped 2.9 per cent as trading open after the weekend to near $106.12 a barrel, but later gave [...]

  • FTSE 100 Live: Stocks jump, Oil spikes, fresh Thames Water rescue deal

    March 16, 2026

    Good morning and welcome back to the City PM liveblog. This morning Brent crude, the international benchmark for oil prices, rose 1.8 per cent to $104.98 per barrel during early trading in Asia. It follows President Trump stating he is unwilling to make a deal with Iran and his energy secretary warning the war will [...]

  • It is the tax system, stupid: Why Britain’s entrepreneurs are selling out too soon 

    March 16, 2026

    Forget state handouts, let success finance itself with an agile tax framework to support entrepreneurs, writes Sam Merullo.

  • Manufacturers warn of ‘fragile footing’ as Iran war threatens to hike costs

    March 16, 2026

    UK manufacturing has started the year on “fragile footing,” with its economic standing likely to worsen due to the conflict in the Middle East, the sector’s industry has warned. A new report from Make UK revealed the sector is set to grow by just shy one one per cent in 2026, a modest rebound after [...]

  • Small businesses ‘lose 379m hours a year’ on red tape

    March 16, 2026

    Small businesses lose around 379m hours a year and spend around £36bn a year on dealing with red tape, new research has indicated, piling pressure on the Labour government to fast-track its deregulatory drive.  Business secretary Peter Kyle has emphasised that the government remains committed to reducing the regulatory burden on businesses by up to [...]

  • The relentless rise of unregulated finfluencers

    March 16, 2026

    Accessing financial advice used to be out of reach for many. But now, it’s on your commute, at the bus stop, and most dangerously, in your pocket. Get out your phone, open any social media app, and you’ll see a young man or woman, backlit by a ring light holding a pocket microphone, promising to [...]

  • Labour told to scrap ‘arbitrary’ inheritance tax system

    March 15, 2026

    The UK government is being urged to scrap the inheritance tax system following warnings that that it enforces the UK as a “high-tax outlier” and risks stifling investment and driving entrepreneurs abroad. A new report from the Institute of Economic Affairs (IEA) highlights that nearly half of the 38 OECD countries – where members are [...]

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