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UK economy

  • Topps Tiles shares tumble as it unveils plans to shut over 20 stores

    April 1, 2026

    Topps Tiles shares tumbled on Wednesday after the DIY staple unveiled plans to shut more than 20 stores as it wrestles with weak demand and rising inflation. The Leicester-based business said it intends to shutter 23 stores by the end of its financial year as part of a series of “self help measures” as it [...]

  • FTSE 100 Live: Stocks boom as Trump signals end to Iran war; Starmer eyes closer ties to EU

    April 1, 2026

    Good morning and welcome back to the Morning Wire liveblog. President Trump has made his clearest indication yet that the war in Iran might soon come to a close, saying the US will “leave” Iran in “two to three weeks” when they are certain the regime will not be able to build a nuclear weapon [...]

  • Family-run construction firms pushed ‘to brink’ by inheritance tax

    April 1, 2026

    Family-run construction firms are being pushed to the brink of insolvency by reforms to inheritance tax which undermine Labour’s housebuilding target, a trade body has warned. Plant-hire firms – which provide machinery and services to the construction sector – are almost always family run and are being forced to scale back by inheritance tax changes, [...]

  • Gen Z still wants ESG

    April 1, 2026

    There's still a case for purpose over profit, not least because our Gen Z business successors are demanding it, writes Natasha Frangos.

  • Reeves must listen to supermarkets rather than lecture them

    April 1, 2026

    Supermarkets begin preparing for Christmas at least six months before the anticipated peak of customer demand hits around December 23. Catering for this entirely predictable surge is in itself an astonishing commercial and logistical feat, but a little over six years ago the UK’s supermarkets were in the midst of an unprecedented challenge. As pandemic [...]

  • UK business confidence plunges to another record low

    April 1, 2026

    Business confidence in the future of the UK economy has plunged to another record low as directors fear the war will damage investment plans and increase costs, a leading survey has found. Research by the Institute of Directors recorded business confidence dropping to a net figure of -76 in March, compared to -63 in February. [...]

  • Motor finance compensation scheme set to fuel even more legal action

    March 31, 2026

    The City watchdog has revealed its long-awaited motor finance redress scheme, but despite the bill for lenders coming in lower than predicted the scandal is not going away any time soon, as further legal action is expected. After a 2024 legal case ruled that car sales firms couldn’t lawfully receive commissions from finance firms unless they had [...]

  • Awful April: brace for a wave of stealth tax rises

    March 31, 2026

    April is upon us and the new tax year will usher in a range of tax hikes, despite the absence of any headline rate rises, with frozen thresholds, shrinking allowances and tighter reliefs set to hit families, workers and savers. The harsh impact will also be felt as Brits are hit with a wave of [...]

  • Andy Haldane: My mission to ignite Britain’s animal spirits

    March 31, 2026

    As the Bank of England’s chief economist, Andy Haldane had a front row seat to the maladies of UK’s sluggish economy. After a four-year stint running the RSA, he is back as president of the British Chambers of Commerce, and tells Ali Lyon business is still taxed mindlessly, over regulated, and far too risk averse. [...]

  • Motor finance compensation to ‘to fire starting gun’ on banking M&A

    March 31, 2026

    The financial watchdog’s long-awaited motor finance redress scheme is predicted to “fire the starting gun” on a wave of deals throughout the banking sector. The Financial Conduct Authority (FCA) launched the final rules for its redress programme on Monday, with the bill for lenders expected to come in at just north of £9bn, down from [...]

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