Property slump hits half of London as prime boroughs lead the decline December 23, 2025 London has a “two-speed” market, as house prices are falling in about half of London’s boroughs, with the most expensive boroughs hit the hardest. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). The data also showed that [...]
Tears, scandal, c*ck-ups and conspiracy: Westminster’s worst moments of 2025 December 23, 2025 Westminster never disappoints. When Keir Starmer came into Downing Street, he promised that politics would “tread more lightly” on the lives of everyday people. He was likely referring to the farce of Partygate, leadership battles and political blunders under successive Tory governments. But Labour have got caught up in less than pleasant situations of their [...]
Business confidence ticked up after Budget, Lloyds Bank says December 23, 2025 Business confidence inched up at the end of 2025, according to a new survey, as firms were brought some relief and clarity after the Autumn Budget. Lloyds Banking Group’s latest Business Barometer found business confidence etched up 10 points by the end of 2025 when compared with the beginning of the year. Half of this [...]
‘Spectre of recession’ looms with growth set to dim in 2026 December 22, 2025 The government is facing a critical warning over the looming “spectre of recession” after economic growth stalled in the second half of 2025 and is expected to wane in the new year. On Monday, fresh figures from the Office for National Statistics (ONS) downgraded the economy’s second quarter expansion to a sluggish 0.2 per cent [...]
Private sector slump to drag on to Spring 2026, businesses say December 22, 2025 UK business leaders have warned that the sharp downturn in the private sector is likely to continue until Spring 2026, after firms put plans for future investment on ice in the run-up to the Labour government’s Autumn Budget. The Confederation of British Industry (CBI) anticipates private sector output to fall in the fourth quarter after [...]
UK economic growth downgraded for second quarter December 22, 2025 Growth in the UK economy was revised downwards on Monday after fresh figures revealed economy expanded less than initially thought in the second quarter. The Office for National Statistics (ONS) cut the UK’s economic growth in the three months to June to 0.2 per cent from 0.3 per cent previously. The third quarter’s sluggish 0.1 [...]
Know your OBR from your CPS? Take City PM’s politics quiz of 2025 December 20, 2025 Welcome to City PM‘s politics quiz of 2025, a year where Keir Starmer said his best moment in office was walking into Downing Street, Kemi Badenoch got Northern Ireland’s voting record on Brexit wrong and Nigel Farage admitted he did not own property in his constituency. There have been many other errors, blunders and mishaps [...]
Rachel Reeves: I have returned stability to the British economy December 19, 2025 The latest cut to interest rates reflects the choices this government has made to restore economic stability, says Rachel Reeves The latest interest rate cut is another sign that we have returned stability to the British economy. The Bank has now reduced rates from four per cent to 3.75 cent, the sixth cut since the [...]
Justice must work for victims not investors December 19, 2025 Third-party litigation funding is increasingly looking less like justice in action and more like a volume-driven acquisition model, writes Oliver Ryan MP.
AI stocks to remain dominant in 2026, analysts predict December 19, 2025 Artificial intelligence is likely to remain a “dominant theme” in markets next year, analysts predict, shaking off fears of an AI crash. St James’ Place expects AI stocks to maintain investor interest in 2026, with analysts and portfolio managers bullish on the sector’s run. Valuations of top tech stocks have been rocketing up since the [...]
