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UK economy

  • Tax: What should Reeves do in the Autumn Budget?

    August 27, 2025

    As rumours swirl about which taxes Rachel Reeves may target this autumn, Tim Sarson lays out what the Chancellor can (and should) do.

  • Hiking minimum wage as graduate pay stagnates is incentivising mediocrity

    August 27, 2025

    Hiking the minimum wage as graduate salaries flatline is creating a system where ambition is no longer rewarded, writes Steve Rigby.

  • US-style tipping hits UK pubs amid mass closures

    August 26, 2025

    The UK pub industry is facing a new challenge as a controversial trend of implementing US-style tipping gains traction, coinciding with a period of widespread pub closures. A nationwide debate has been sparked by the Well and Boot pub in Waterloo, London, which has introduced an optional four per cent service charge on every drink. [...]

  • Lloyds to hand shareholders over £17bn by 2027, analysts say

    August 26, 2025

    Lloyds Banking Group shareholders are set for a bumper payout with analysts projecting the lender will return over £17bn to investors by 2027. The FTSE 100 giant was listed as Jefferies analysts “preferred” banking stock following a strong year-to-date performance. Shares in Lloyds have jumped over 50 per cent since January. The bank received a [...]

  • Wall Street ‘mocks’ idea of London listing, fintech boss says

    August 26, 2025

    The founder of one of Britain’s fasest-growing fintech firms has said Wall Street “mocks” the idea of a London Stock Exchange listing. Barney Hussey-Yeo, chief executive of Cleo, said the head of investment banking at a global bank had “laughed” at the notion of his company listing in London. He added they had “assumed” Cleo, [...]

  • Thousands of savers overcharged on pension withdrawals by HMRC

    August 26, 2025

    Thousands of people have claimed a refund on emergency tax on pensions after the HM Revenues & Customs (HMRC) overcharged savers an eye watering amount on their withdrawals. In total, 6,000 people successfully claimed a refund in the 2023-2024 financial year, a 20 per cent increase from the year before, according to figures obtained by [...]

  • Pound edges up against dollar after Trump’s latest Fed attack

    August 26, 2025

    The pound gained from a turbulent US dollar trading session on Tuesday after the greenback was stung by President Donald Trump’s attacks on the Federal Reserve. The dollar index (DXY) – which tracks the dollar’s value against a basket of currencies – tumbled as much as 0.4 per cent as Trump said he had “sufficient [...]

  • Bunzl: FTSE 100 giant hit by Rachel Reeves’ tax grab

    August 26, 2025

    Profit at distribution titan Bunzl took a hit in the first six months of 2025 as challenging economic conditions weighed on the firm’s books. The FTSE 100 giant’s adjusted operating profit came in at £404.5m for the half, an 11.2 per cent drop from £455.5m for the same period the year prior. Despite this shares [...]

  • Beware calm markets. Smooth waters don’t always signal safety

    August 26, 2025

    As US markets prove resilient to tariff chaos, Fabio Bassi pleads a note of caution. As sailors know, calm waters don't always signal safety.

  • Job vacancies tumble in July as hiring appetite eases

    August 26, 2025

    UK job vacancies tumbled in July following a strong June performance, with entry level roles still suffering from a weak job market. Vacancies fell month on month following June’s strong rebound, down 1.24 per cent to 864,705, according to the latest job market report from Adzuna. Average salaries suffered a slight fall, slipping to £42,264 [...]

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