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UK economy

  • Banned China tech firms lobbied for London embassy

    November 2, 2025

    Chinese tech firms banned on national security grounds in both the UK and the United States lobbied for Beijing’s new embassy in London, growing fears it could be used as an overseas “spy centre”. State-controlled company ZTE Mobile, which was deemed by GCHQ to pose a risk to British telecommunications infrastructure that “cannot be mitigated”, [...]

  • Business confidence at ‘rock bottom’ as tax rumours spook directors

    November 1, 2025

    Business confidence remained at “rock bottom” in October as Budget rumours test executives’ nerves amid fears of rising costs and a collapse in growth, a top industry group’s survey has indicated.  Rachel Reeves has publicly said that tax hikes are under consideration at this year’s Budget while rumours have suggested big businesses could be hit [...]

  • Londoners race to invest as the rest of the country falls behind

    October 31, 2025

    Londoners are gearing up to invest in the stock market in 2026 but the rest of the country is failing to shift away from cash savings.  According to fresh research from wealth manager Stratiphy, nearly 70 per cent of Londoners are planning on investing in the next 12 months, in a bid to secure higher [...]

  • Cindrigo shares lift as energy firm debuts on London’s main market

    October 31, 2025

    Energy developer Cindrigo today became the latest business to float on the London Stock Exchange, rounding off one of the busiest months for London listings in years after a prolonged drought. The Finnish business has joined the main market of the exchange after raising proceeds of £2.1m. The shares have been priced at 12p each, [...]

  • Labour ploughs ahead with higher welfare spending

    October 31, 2025

    The Labour government is backing higher welfare spending projections for the next five years, with plans to partially lift the two-child benefit cap set to add to the strain on public finances.  An official statement from the government confirmed that the government would ditch planned savings to disability payments, which are formally known as personal [...]

  • House prices edge higher amid Budget speculation

    October 31, 2025

    UK house prices rose for a second consecutive month, as buyers remained resilient amid growing tax rise speculation in the upcoming Autumn Budget. The average value of a house increased 0.3 per cent to £272,226 in October, according to Nationwide’s latest housing pricing index. House prices were 2.4 per cent higher than last year, following [...]

  • MHA set to deliver double-digit revenue growth as strategy pays off

    October 31, 2025

    Listed professional services group MHA has revealed that its first half 2026 revenue is expected to jump around 13 per cent from the same period last year, as it remains on track to meet full-year market expectations. In a trading update on Friday morning, the firm said revenue for the six months ended 30 September [...]

  • Motor finance, Madoff fraud, tax fears – bank shares defy the noise

    October 31, 2025

    A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog investors are rewarding the FTSE 100’s top lenders for another bumper quarter. The FTSE 350 banks index has risen nearly four per cent this month and is up 17 per cent for the [...]

  • Will the Autumn Budget push up inflation?

    October 30, 2025

    For a few weeks, there was one thing Rachel Reeves appeared to speak about more than anything else: inflation.  Earlier this month, the Office for National Statistics (ONS) confirmed inflation hit 3.8 per cent in the year to September, nearly double the Bank of England’s target rate. The IMF and the OECD said the UK [...]

  • The tax trap catching thousands of working pensioners

    October 30, 2025

    Thousands of working pensioners found themselves ensnared in the income tax trap last year, as frozen thresholds yanked them into the higher tax bracket.  According to a freedom of information request to HMRC by Interactive Investor, 77,000 pensioners found themselves paying 60 per cent income tax, up from just 34,000 three years ago. It was [...]

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