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UK economy

  • Ex-Royal Mint executives launch new gold trading platform

    April 14, 2026

    Two former Royal Mint executives have launched a new gold trading platform in a bid to shake up the market and widen retail access to precious metals. The trading platform, dubbed Goldwise, was launched on Tuesday, creating a new way for savers and investors to purchase gold, silver, platinum and palladium. Unlike traditional trading, users [...]

  • Starmer fears ‘untold damage’ to UK economy from Iran war 

    April 13, 2026

    Sir Keir Starmer has warned that the impacts of the Iran war will be “significant” as he insisted the government’s central position was to stay out of the conflict.  Starmer told MPs on Monday that the main war in Iran, which lasted over a month before a ceasefire was announced last week, had already harmed [...]

  • Retiring abroad could lose Brits over £70,000 with state pension at risk

    April 13, 2026

    British pensioners eyeing a retirement in the sun could see thousands wiped off their state pension, top financial planners have warned. Brits planning to retire overseas during this tax year could forgo more than £77,000 in state pension income over the next 20 years, if they opt to move to a country where payments are [...]

  • Keir Starmer: Bypass law for EU single market in UK’s ‘best interest’

    April 13, 2026

    Sir Keir Starmer has said Labour’s effort to allow the UK government to adopt new EU single market rules without parliamentary approval was in the “UK’s best interest”.  Fresh legislation to be presented after May is set to allow the government to adopt EU single market rules without amendments from MPs. Parliamentarians would be able [...]

  • Voters tell Reeves: Cut taxes and energy costs to boost ‘poor’ UK economy

    April 13, 2026

    British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the Institute of Economic Affairs (IEA), a free market think tank, suggested that the vast majority of [...]

  • ‘Mortgage mayhem’: Deal lifespans hit record low as interest rate cut hopes dim

    April 13, 2026

    Borrowers have been left in a “mortgage maze” after lenders frantically pulled deals due to the unfolding crisis in the Middle East leading to the lowest average shelf-life on record. The average mortgage was on the market for just eight days in March – the lowest since records began in November 2011. This marks a [...]

  • Thousands of taxpayers to miss out on rebate as HMRC still sending cheques

    April 13, 2026

    Thousands of Brits are missing out on collecting their tax rebates after failing to cash in cheques sent to them by HMRC. According to an FOI from the i paper, the department issued 1,746,720 cheques last year, but 178,180 were never cashed. The cheques had a combined value of £144m, meaning taxpayers who failed to [...]

  • Rachel Reeves’ wealth fund pumps £600m into Rolls-Royce SMR

    April 13, 2026

    Rachel Reeves’ flagship wealth fund has announced a fresh heap of financing for Rolls-Royce SMR following its tie-up with Ed Miliband’s state-owned energy company. The National Wealth Fund has revealed a £599m financing package for Rolls-Royce Small Modular Reactors (SMR) in a bid to kick start delivery on its project with Great British Energy. The [...]

  • UK fintech Wise to downgrade London listing this quarter

    April 13, 2026

    Money transfer firm Wise has confirmed the timeline for switching its primary listing to the US with the move expected to take place this quarter. The UK fintech said during a fourth-quarter update that its results for the latest financial year will published in the US dollar, which it said was “reflecting the expected completion” [...]

  • FTSE 100 Live: Stocks tumble amid Trump’s Strait of Hormuz blockade

    April 13, 2026

    Good morning and welcome back to the Morning Wire liveblog. Markets are returning from the weekend to a major blow in hopes of a ceasefire in the Middle East. After Donald Trump revealed his two-week reprieve on strikes whilst negotiations begin, those very talks now look to be hanging by a thread. Vice President JD [...]

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