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UK economy

  • Budget Day: The good, the bad and the ugly

    November 26, 2025

    It seems as if we’ve been speculating about the contents of today’s Budget since the moment Rachel Reeves sat down after delivering her first one, just over a year ago. Since then, unemployment has risen (every month) and growth rates have slumped quarter-to-quarter from 0.7 per cent to 0.3 per cent to 0.1 per cent. [...]

  • Shein’s former head of Europe relocates from London to Dubai 

    November 26, 2025

    The former head of Europe at e-commerce giant Shein has become the latest British executive to relocate to Dubai, Morning Wire can reveal. Cui He, who was director of Europe at Shein from the beginning of 2023 until last month, according to her LinkedIn profile, has shifted her residency from London to the United Arab [...]

  • Reeves must ignore political wailing and finally cut spending

    November 26, 2025

    No amount of wishful thinking can change the economic reality. Reeves must make the hard decisions today, writes James Reed.

  • ‘Fiscal rules’ have made Budgets a farce

    November 26, 2025

    Chancellors increasingly make policy not on economic grounds, but to satisfy the letter of their own self-imposed fiscal rules, writes Ayushma Maharjan.

  • Britain can’t grow while we’re spending £700m to save the life of a fish

    November 26, 2025

    With measly growth and energy among the most expensive in the developed world, Britain's got bigger fish to fry than sealife conservation.

  • The Debate: Is pre-Budget speculation helpful?

    November 26, 2025

    We want to write it, you want to read it, but is pre-Budget speculation actually helpful? We put two experts head to head.

  • Business chiefs: Employment will be hit by minimum wage hike

    November 25, 2025

    Business chiefs have criticised Rachel Reeves’ decision to hike the national living wage by more than 4 per cent for most British workers at the Budget.  In a final announcement before unveiling the full set of fiscal measures, the Chancellor said she would back the Low Pay Commission’s recommendations to raise the minimum wage to [...]

  • Reeves plans stamp duty holiday in Budget to boost London listings

    November 25, 2025

    Chancellor Rachel Reeves is expected to announce a stamp duty holiday for new listings on the London Stock Exchange in Wednesday’s Budget as the government ramps up efforts to revive the index. The move will wipe out the 0.5 per cent stamp duty tax investors are forced to pay upon buying shares that are newly [...]

  • Labour MP warns Budget could force founders out of UK 

    November 25, 2025

    A Labour backbencher has joined industry leaders and a left-leaning pressure group in warning that the Budget could kill the UK’s aspirations of building a competitor to Silicon Valley and force more firms to look for investment outside of the country.  In an open letter to Rachel Reeves, Sarah Edwards, a Labour MP who sits [...]

  • Molten Ventures eyes selling more Revolut shares after Nvidia investment

    November 25, 2025

    A major shareholder in Revolut is planning to further sell down its stake as the company looks to rebalance its investment portfolio. London-listed venture capital firm Molten Ventures recently sold shares in Revolut worth £26.3m but continues to hold a stake in the fintech darling worth £152m, the largest single shareholding in its more than [...]

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