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UK economy

  • Professional services firms facing ‘polycrisis of confidence’

    January 28, 2026

    A major study of C-suite attitudes among professional services firms has revealed a complicated landscape of increasing AI use, growth fears, worries about cash flow and concerns over staff motivation. According to the Managing Partners Forum Winter 2025 Quarterly, shared exclusively with Morning Wire, all firms surveyed have integrated Gen AI into their daily operations, but [...]

  • Banks cool on interest rate cut expectations amid forecasting clash

    January 28, 2026

    Top City banks have pushed back their predictions for the Bank of England’s next interest rate cut as forecasters are split on whether high inflation could upend monetary policy decisions.  UBS Investment Bank economist Anna Titareva pushed back a call for the Bank’s next cut from February to March after the Office for National Statistics [...]

  • Dollar slides as ‘loss of confidence’ in US policy spikes debasement fears

    January 28, 2026

    The US dollar had its worst day since President Donald Trump’s ‘Liberation Day’ tariff onslaught on Tuesday as investors dumped their exposure to the greenback. The DXY index – which tracks the dollar against a basket of other currencies – has slumped over two per cent since the beginning of the year. Amidst the dollar [...]

  • The Debate: Should Brits be more optimistic?

    January 28, 2026

    Pessimism is a great British tradition, but some think it's holding the economy back. Should Brits be more optimistic?

  • To rebuild Britain we should start with Hammersmith Bridge

    January 28, 2026

    Handsome, historic but functionally broken, Hammersmith Bridge has come to symbolise Britain's problems, writes Felix Pivcevic.

  • Debenhams to retain Pretty Little Thing as fast fashion brands recovers

    January 28, 2026

    Online fashion seller Debenhams is set to retain Pretty Little Thing after considering selling the fast-fashion brand after seeing improvements in profitability. The retailer, which rebranded from Boohoo Group in March 2025, has unveiled its decision to keep the low-cost retailer after first mulling the sale in August as it looked to restructure its business [...]

  • Bailey warns of ‘urgent need’ to improve resilience in non-bank finance

    January 28, 2026

    The Governor of the Bank of England has warned of an “urgent need” to improve the resilience of the sprawling network of financial firms lending beyond the traditional banking sector.  Andrew Bailey said that the financial sector was significantly more robust than it had been before the financial crisis, but warned that regulators still faced [...]

  • HBO’s Industry shows finance is sexy again

    January 28, 2026

    HBO's finance romp Industry didn't make an impact in 2020. Is its 2026 rise a recession indicator? Matt Kenyon muses.

  • Graduate crisis proves British universities are no longer fit for purpose

    January 28, 2026

    It's time to accept that a substantial proportion of British universities are simply not fit for purpose, writes Paul Ormerod.

  • Starmer is wrong to say he doesn’t have to choose between the US and China

    January 28, 2026

    Is Keir Starmer a geopolitical genius? As he jets off to China for the first visit by a UK Prime Minister since 2018, we must at least consider the possibility that he is. Ahead of his departure Starmer said “I’m often invited to simply choose between countries [but] I don’t do that.” The countries in [...]

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