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UK economy

  • Inaccurate crime rate statistics have gaslighted the British public

    August 5, 2025

    The UK government knows very little about the people it governs. From crime rates to the labour market, this has real consequences.

  • Voters say Nigel Farage’s Reform is the ‘party of UK business’

    August 5, 2025

    Reform UK is now seen as the most pro-business party in Westminster, fresh polling produced for Morning Wire has found, in one of the first major signs the public is warming to Nigel Farage’s economic policies.   Political parties have long battled to present themselves as a pro-business party, with Labour’s Chancellor Rachel Reeves wooing company bosses [...]

  • S&U: Motor finance redress scheme must show a changed FCA

    August 5, 2025

    The chair of specialist lender S&U has said the motor finance redress scheme offers the UK’s financial watchdog the prime opportunity to turn its ‘regulate for growth’ rhetoric into action.  Anthony Coombs hailed the “common sense” car finance ruling from the Supreme Court as attention turns to the response by the Financial Conduct Authority (FCA). But [...]

  • FTSE 100 banks outperform but face tougher waters ahead

    August 4, 2025

    The FTSE 100’s banking constituents breezed through the second quarter results season as interest income remained stable and trading income soared on the back of market volatility. The ‘Big Five’ banks of London’s flagship stock index – Barclays, HSBC, Natwest, Lloyds and Standard Chartered – pocketed a combined £12.8bn in the three months to June [...]

  • Labour’s Lord Kinnock: Slap VAT on private healthcare

    August 4, 2025

    Labour's Lord Kinnock has called on the government to start charging VAT on private medical insurance in order to raise funds for the NHS

  • Bank of England to cut interest rates but faces dilemma on outlook

    August 4, 2025

    The Bank of England is unlikely to signal faster interest rate cuts at this Thursday’s meeting, leading economists have said, leaving the future of monetary policy in the balance.  Monetary Policy Committee (MPC) members are widely expected to agree to cut interest rates by 25 basis points to four per cent.  But City analysts have [...]

  • President Donald Trump could be given Freedom of Canada

    August 4, 2025

    President Donald Trump could be offered the Freedom of Canada during his second state visit to the UK in September.  The Independent has reported that the Freedom is on the table to get the US President in the room with Canada Corporation, which hopes to use the symbolic honour [...]

  • Rachel Reeves admits Labour has disappointed Brits

    August 2, 2025

    Chancellor Rachel Reeves has admitted that the Labour government has disappointed some Brits after it raised £40bn in taxes at last year’s Autumn Budget. The Labour government have come under fire for its high-tax and high-spend policies in power despite claiming it would be more business-friendly during electoral campaigns last year. Now Rachel Reeves has [...]

  • For London to remain a business travel hub, we’ve got to sort out Heathrow

    August 2, 2025

    Without Heathrow upgrade, London risks losing the economic benefits of being Europe’s leading business travel hub, writes Andrew Crawley While collaboration and virtual meeting tools have become commonplace, organisations are still profoundly aware of the value of in-person connection. People will always want to do business with those they trust, and there’s something about meeting [...]

  • Motor finance lenders still on the hook after Supreme Court ruling

    August 2, 2025

    A lukewarm win in the landmark motor finance case has allowed City banks to skirt a nightmare scenario, whilst still remaining open to a regulatory redress scheme. The Supreme Court found that the customers’ claims against the lenders couldn’t succeed based on fairness, known as equity, or tort, which refers to any wrongful actions worthy [...]

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