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UK economy

  • Robert Jenrick clinches Treasury brief as Reform reveals ‘shadow cabinet’

    February 17, 2026

    Robert Jenrick will spearhead Reform UK’s bid to woo the City and project fiscal responsibility after the recent-defector beat peers to the party’s ‘shadow’ Treasury brief. The Newark MP – who defected to the Nigel Farage’s turquoise tribe in January – was unveiled as the Reform party’s ‘shadow chancellor’ as Farage appointed a host of [...]

  • Debenhams shares plunge after £35m capital raise confirmed

    February 17, 2026

    Debenhams shares plunged ten per cent in early deals after the struggling fashion group confirmed plans to launch a £35m equity raising round. The group’s board said the fundraise will allow it to complete its resurgence but the plans did little to calm investors as its share price tumbled on the Tuesday open. Debenhams Group, [...]

  • Unemployment hits post-pandemic high as wage growth slips

    February 17, 2026

    The labour market continued to loosen in the final quarter of last year, official figures show, with wage growth easing and unemployment climbing steadily higher.  The rate of joblessness crept up to 5.2 per cent between October and December, according to the Office for National Statistics (ONS), the highest level since early 2021 and slightly [...]

  • CLIQ: The app combating loneliness is growing its network

    February 17, 2026

    After living in Australia for a period of time, Nicola Gunby and Jason Iliffe wanted to find a community of friends upon moving to London post pandemic, but like many others moving to the capital, they found themselves isolated in one of the world’s busiest cities. Frustrated by a lack of meaningful ways to meet [...]

  • Babcock shares surge as Starmer calls for Europe to ‘step up’ on defence

    February 16, 2026

    Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step up” on defence spending. Babcock – which plays a key role in the UK’s nuclear submarine fleet as well as naval, land and air operations – surged nearly four per cent in early trading to [...]

  • Gloomy Brits’ sluggish spending set to drag on economic growth

    February 16, 2026

    Brits continued to tighten their pockets in January as economists warned sluggish spend from consumers could trigger a “sustained drag on economic growth“. S&P Global’s latest Consumer Sentiment Index (CSI) showed a reading of 44.8, indicating further deterioration across household confidence with the figure remaining below the 50.0 mark that indicates neutrality. Whilst it crept [...]

  • Why the UK is losing the AI skills race

    February 16, 2026

    What's the use in being the third largest AI market in the world if our workforce doesn't know how to use it, asks IBM's Leon Butler.

  • Nigel Farage’s war on working from home is vibes-based politics

    February 16, 2026

    Nigel Farage's attack on working from home is designed to increase headlines, not productivity, writes Eliot Wilson.

  • Natwest and Lloyds shares lead FTSE 100 rally after bruising week

    February 16, 2026

    Natwest led a rally across Britain’s banking giants on Monday morning as lenders patched their wounds after a bruising week on the stock market. The bank topped the FTSE 100’s risers at the starting bell, gaining over four per cent in early trading to 603.60p. Barclays was shortly behind, advancing over 2.5 per cent to [...]

  • Non-cash ISA understanding low despite government push

    February 16, 2026

    UK savers understanding of non-cash ISA products, is lower than its cash counterpart, reflecting the lack of knowledge surrounding options despite the government push to move Brits away from cash. According to the latest analysis from investment platform Robinhood, just under half of investors confirmed having minimal knowledge of how stocks and shares ISAs work, [...]

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