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UK economy

  • Rolls-Royce boss ‘Turbo Tufan’ on track for record £100m payday

    December 29, 2025

    The boss of Rolls-Royce is expected to receive a share-based bumper that could exceed £100m, following the turnaround that has seen the engineering group’s market value surge. Tufan Erginbilgic, who took charge at the start of 2023, was awarded 8.3m shares as part of his package deal to take over the FTSE 100 giant. At [...]

  • Flight prices set to jump as regional airports set for rocketing tax bills

    December 29, 2025

    Air passengers are being warned to brace for flight prices to jump as regional airports across the UK face “unprecedented” rises in property tax next year. Analysis of official Government data for the Press Association has revealed regional airports are among those facing the steepest increases in business rates of any sector in the UK [...]

  • Pizza Hut, Poundland and WH Smith: The high street brands that closed stores in 2025

    December 29, 2025

    A raft of major UK retail and hospitality brands shut down stores across the UK this year, with other high street mainstays closing their doors for good. It came amid a backdrop of pressure on consumer finances, rising inflation for most of the year and increased costs for businesses. As a result, numerous businesses launched [...]

  • Could this be 2026’s hottest stock market?

    December 29, 2025

    Global equity markets were dominated by US tech stocks this year, with indices whipsawing as investors either  piled money into markets or abruptly pulled out  depending on the strength of AI sentiment. The Nasdaq rocketed up 19.5 per cent, hitting its peak of $23,958.47 (£17,949.09) in October, while Trump’s ‘Liberation Day’ caused the index to hit [...]

  • Motor finance: What’s next for banks and consumers in 2026?

    December 29, 2025

    The City watchdog wrapped up the consultation on its motor finance redress in December but the two-year long scandal threatens to rumble on into the new year. The Financial Conduct Authority (FCA) pushed the deadline for feedback on its scheme to 12 December after it was originally pencilled in for 18 November. The delay came [...]

  • Best of 2025: Our top 7 debates of the year

    December 28, 2025

    From the assisted dying bill to the unstoppable rise of Lime, here are seven of Morning Wire's most thought-provoking debates from 2025.

  • Center Parcs: UK pension funds in talks for stake in holiday giant

    December 27, 2025

    A number of Britain’s biggest public sector pension schemes are understood to be eyeing a stake in the holiday giant Center Parcs after the Treasury ramped up its efforts for funds to invest in UK-based assets. The Greater Manchester Pension Fund (GMPF), the London-based Local Pension Partnership (LPPI) and the Edinburgh-based Lothian Pension Scheme are [...]

  • Starmer’s future hinges on May election reckoning, polling expert says

    December 27, 2025

    The future of Sir Keir Starmer’s premiership hinges on the forthcoming May elections where the Labour party is expected to take a bruising, a polling expert has said. Conservative peer Lord Robert Hayward said: “A few months ago it looked as if May 7 would be decisive for the leaderships of both Labour and Conservatives. [...]

  • ‘Bumper’ Boxing Day provides boost to struggling high streets

    December 27, 2025

    Boxing Day was a “bumper day” for all UK retail destinations as data shows shopper footfall was up 4.4 per cent on last year, making it the strongest increase in more than a decade, industry analysts said. The retail sector may end the year on a “positive note” as December 26 saw shoppers flock to [...]

  • Mastercard issues winding up petition against London fintech Guavapay

    December 26, 2025

    Hundreds of jobs could be at risk as London fintech Guavapay faces a winding up petition from payments giant Mastercard over unpaid sums, Morning Wire can reveal. The firm, which employs more than 500 staff and manages cross-border money transfers for individuals and businesses, was issued the notice on Christmas Eve, according to court filings [...]

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