Watch: Spotlight turns on Reeves – and the state of our economy February 26, 2026 We haven’t heard much from Rachel Reeves so far this year – probably a deliberate strategy – but is the Chancellor set to make waves next week at the Spring Statement? Rachel Reeves didn’t have a great 2025. UK quarterly GDP growth peaked in Q1 at 0.7 per cent as firms front-loaded their activity to [...]
Family visas plummet as Mahmood targets migrant dependants February 26, 2026 The number of family-related visas plummeted over 2025 as the government clamped down on dependants joining migrant workers and students. In fresh data published by the Home Office on Thursday, it was revealed that just 67,000 visas were offered to spouses, children and other dependants of migrants. It represented a sharp 22 per cent drop [...]
Made to be broken? Reeves urged to keep fiscal rules February 26, 2026 Chancellor Rachel Reeves has been urged to keep her fiscal rules amid growing calls for tweaks to be made to factor in long-term investments and demands for higher defence spending. Richard Hughes, the most recent chair of the Office for Budget Responsibility (OBR), called on Reeves to see out her fiscal rules through parliament. Appearing [...]
Why Rachel Reeves’ low-key Spring Statement still matters February 26, 2026 This is the Spring Statement that Chancellor Rachel Reeves has long been waiting for in opposition: a moment of sheer insignificance. In May 2023, six months after the mini-budget debacle, Reeves offered a speech in opposition to Washington DC’s top independent think tank, the Peterson Institute, exalting her core economics philosophy of ‘securonomics’. She summarised [...]
It’s a sad story from brewery to pub February 26, 2026 It was a balmy 17 degrees in the Square Mile yesterday, drawing crowds out for a lunchtime pint in the sun. But in other parts of the country the hospitality sector is still in the grip of winter. Bad news came thick and fast from my native Cornwall yesterday, starting with confirmation that Sharp’s Brewery [...]
Tory MP accuses Starmer of ‘blatant lie’ over energy bills claim February 25, 2026 A Tory backbencher has lashed out at Sir Keir Starmer for a “blatant lie” after he praised a drop in the energy price cap set by Ofgem. Katie Lam, who has weighed in on issues ranging from growth to immigration, said energy bills under Labour had spiked since it took to power in mid-2024. She [...]
Starmer to consider ways to make student loans ‘fairer’ February 25, 2026 Sir Keir Starmer has suggested he was open to making the student loans system “fairer” after pressure from Tory leader Kemi Badenoch. During Prime Minister’s Questions, Badenoch pressed Starmer on costly student loan repayments, which she suggested were at a “breaking point” for graduates. The Tories have vowed to abolish real interest rates on plan [...]
Trainline shares tumble after boss disembarks February 25, 2026 It’s the end of the line for the boss of Britain’s best-known rail ticketing app after Trainline chief executive Jody Ford said he would be quitting the business. Ford, who has been at the helm of the FTSE 250 company for more than six years, said he would stay in post until a search to [...]
Reeves urged to cut bank tax as UK competitiveness lags February 25, 2026 Rachel Reeves is facing renewed calls to cut tax on the banking sector after new bombshell research laid bare the competitive disadvantage UK lenders are battling against. The Chancellor spared banks from a highly-anticipated fresh tax raid in the Autumn Budget but a new report – penned by the Association for Financial Markets (AFME) and [...]
Lord Mandelson arrested: What led to police action? February 24, 2026 Peter Mandelson was arrested on Monday on suspicion of misconduct in public office, but how did we get here? The Metropolitan Police said in a statement on Monday evening that they had arrested a 72-year-old man in Camden. Mandelson was photographed being taken out of his house at 4:30 pm by detectives from the Met’s [...]