Rachel Reeves announces youth guarantee to combat long-term unemployment September 28, 2025 Rachel Reeves will make the case for a society founded on “contribution” as she unveils plans for a “youth guarantee” aimed at driving down unemployment. The Chancellor is expected to say Britain must build on the principle of doing “our duty for each other” and “hard work matched by fair reward”, in a speech to [...]
Government guarantees Jaguar Land Rover £1.5bn loan September 28, 2025 The UK government will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) in a bid to support its suppliers as cyber-attacks continue to halt production. Business Secretary, Peter Kyle said the loan, from a commercial bank, would project jobs across the UK, in particular in the West Midlands and Merseyside. The manufacturer has [...]
Starmer refuses to rule out VAT rise September 28, 2025 Prime Minister Keir Starmer has refused to rule out any potential rises to VAT as he reinforced his commitment to Labour’s manifesto pledges in a new interview. In an interview with BBC’s Laura Kuenssberg, after being pressed on potential changes to VAT, Starmer said: “The manifesto stands. We made commitment in that manifesto and the [...]
Revolut considers $75bn dual listing in London and New York September 28, 2025 Fintech juggernaut Revolut is weighing up a dual listing in New York and London for its share sale, in a move that would provide the City with a major boost after a sluggish IPO period. Revolut considering London as a destination for a listing worth at least $75bn (£55.96bn) would appear to demonstrate a change [...]
Starmer: Reform is an ‘enemy’ of the country September 27, 2025 Sir Keir Starmer has vowed to take the fight to Reform UK, who he described as an “enemy” of the country, ahead of the Labour Party conference this weekend. Chancellor Rachel Reeves has, meanwhile, said she wants to sign an “ambitious” new youth migration scheme with the EU, which she claimed would reduce the need [...]
Has debt become an inevitable part of life? September 27, 2025 The UK has suffered a bout of economic stagnation in recent years, leaving many Brits in an unstable position, unable to afford everyday essentials or bolster their savings. This has caused a surge in people taking out high-interest loans or entering their overdraft to pay the bills, with people across the country digging themselves deeper [...]
Rachel Reeves takes dig at Andy Burnham over bond markets September 26, 2025 Chancellor Rachel Reeves has said the government was reliant on bond traders as part of an effort to fix “precarious” public finances in a pointed dig at Labour’s Manchester Mayor Andy Burnham. In a panel discussion in front of an audience of centre-left figures on Friday, Reeves struck a defiant tone against mooted criticism she [...]
HSBC UK beefs up wealth arm with ‘generational’ bet September 26, 2025 HSBC UK is making a “generational” play to beef up its wealth arm as the banking juggernaut eyes global dominance in the field. The FTSE 100 titan will launch a new Wealth Academy this autumn, the bank’s managing director of wealth Christopher Dean told Morning Wire, in partnership with the London Business School. The bank’s [...]
Merge London Stock Exchange and Nasdaq to save City market, says fintech boss September 26, 2025 The boss of a UK-born fintech unicorn has called for the London Stock Exchange (LSE) to merge with New York’s Nasdaq in a bid to save the City market’s future prospects. “It’s completely broken,” Barney Hussey-Yeo, founder of AI fintech Cleo, told Morning Wire when asked about the recent string of delistings. Hussey-Yeo, a data [...]
Watch: Is the UK at risk of recession? September 25, 2025 We were told this would be the most pro-business government in the history of the country – so why have a gang of top chief executives this week fired warning shots at the Treasury – and why has one of them warned that we’re heading into a recession? It wasn’t supposed to be like this. [...]