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UK economy

  • Millions of parents miss out on free pension cash by overlooking this rule 

    January 22, 2026

    Millions of UK parents are missing out on hundreds in free pension cash after being left in the dark by employers about a pension rule for new parents. While most parents are aware of child benefits and junior ISAs, many are losing as much as £720 per year after overlooking a far less familiar perk. [...]

  • Where does Britain stand in the New World Order?

    January 22, 2026

    A new world order has been declared and described by Canada’s Mark Carney. Is he right, and if so, is there room in it for Britain? Davos, that alpine gathering of the great and the good, is normally a predictably dull affair. To give you a flavour of its worthiness, consider the formal title for [...]

  • Nigel Farage: Reform will tax the banks even if they don’t like it

    January 22, 2026

    Nigel Farage has confirmed Reform will slap a tax on the UK’s banking giants in the latest dramatic escalation of his party’s tensions with the City. Speaking at the World Economic Forum in the Davos, Farage said: “This will be tough for banks to accept but I am sorry – the drain on public finances [...]

  • Young’s ditches AIM as pub chain eyes FTSE 250 inclusion

    January 22, 2026

    Young’s has become the latest company to unveil plans to quit London’s small-cap stock market as the pub giant sets its sights on inclusion into the FTSE 250. The Wandsworth-based business said it will apply to join the main market of the London Stock Exchange, in a move which it said will “enhance the company’s [...]

  • Total UK government borrowing beats OBR forecast

    January 22, 2026

    UK government has already borrowed more this year than the Office for Budget Responsibility forecast, official data has revealed, wrapping up a difficult 12 months for Rachel Reeves as she grapples with keeping public finances safe from further shocks.  The Office for National Statistics (ONS) estimated public sector borrowing to have been £11.6bn over the [...]

  • Inflation remains a headache on both sides of the Atlantic

    January 22, 2026

    Donald Trump made many claims in his Davos speech yesterday and there aren’t enough pages in this newspaper to do justice to them all, but his assertion that “inflation has been defeated” is worth considering. With midterm elections coming up Trump knows the cost of living is a real concern, just as it is here, [...]

  • Legal accounts controversy: Who should fund the broken justice system?

    January 22, 2026

    First, the government tried to go after the LLPs, but that failed. Now its eyes are on law firms’ client accounts under the narrative that it will be used to help the crumbling justice system, but lawyers are seeing it as just another tax raid. Law firms earn substantial income from interest on client accounts, [...]

  • King’s Cross retail sales boom as reinvention continues

    January 22, 2026

    King’s Cross retail sales rose by double digits last year as the zone’s reinvention attracts significant retail and leisure investment.   Total sales across the King’s Cross estate climbed by 13.5 per cent year on year, with retail sales up by 16 per cent and food and drink sales also climbing by 10 per cent.  [...]

  • Son-of-a-toolmaker Starmer is a poor workman

    January 22, 2026

    Successful organisations, from businesses to governments, work best when their leaders are able to articulate a clear, long-term vision, says Paul Ormerod Keir Starmer has been complaining that the machinery of government does not work properly. When he pulls a policy lever, very little happens. This has provoked a public argument with the health secretary, [...]

  • Budget damage to housing market set to continue, experts warn

    January 22, 2026

    The UK’s housing market will continue to suffer from the impact of months of budget speculation last year as seller confidence languishes, property experts have warned.  While sellers and estate agents breathed a sigh of relief when November’s Budget steered clear of most of the property that had been feared, these experts told Morning Wire [...]

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