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UK economy

  • Five day doctors’ strikes begin as Wes Streeting-BMA talks break down

    July 25, 2025

    Resident doctors – formerly known as junior doctors – led by the British Medical Association (BMA) began a five-day strike on Friday morning, set to last until 7am on Wednesday.  Health secretary Wes Streeting said on Thursday evening that strike action should have been a “last resort”, and “we did not need to be in [...]

  • Trump Scotland visit: Starmer to push for zero steel tariffs

    July 25, 2025

    President Trump kicks off his golfing holiday in Scotland this evening, and all eyes are on his diary as the trip looks set to become a hub for diplomacy.  Sir Keir Starmer will meet the US President on Monday, with the express mission of pressing for reduced tariffs on British steel.  The two leaders are [...]

  • UK retail sales bounce back as Brits enjoyed warmest June on record

    July 25, 2025

    Sales for UK retailers rose last month as Britons enjoyed the warmest June on record, which helped drive sales of food and drink, according to official figures. The Office for National Statistics (ONS) said overall retail sales volume rose by 0.9 per cent in June, following a 2.8 per cent fall in May, as consumers [...]

  • UK-India trade deal will be major boost for financial services

    July 25, 2025

    Yesterday, as the UK-India Free Trade Agreement was signed, it marked a landmark moment forBritain’s financial services sector. Not only is this the government delivering a trade deal that was talked about for many years butnever happened – it is delivering a real strategic partnership with the world’s fastest-growing majoreconomy. It’s an agreement that perfectly [...]

  • Women at risk of running out of pension wealth seven years into retirement

    July 24, 2025

    Women are retiring with significantly less pension wealth than men, leaving them at greater risk of running out of wealth just seven years into retirement, new analysis has found. Gen X women, aged 55-59, have just £81,000 in their pension on average, compared to the £156,000 held by men of the same age, leaving them [...]

  • Could a tourist tax ever work in London?

    July 24, 2025

    Maybe it’s because I’m a Londoner, but I reckon there are few better tourist destinations. Our city is bursting with history and culture, boasts dozens of plush green spaces and has more Michelin Stars than New York. Should people pay to get in? Ours is one of the top cities on earth to visit, but [...]

  • UK sees ‘small burst’ in hiring in sign of growth

    July 24, 2025

    The UK labour market saw a “small burst” in demand for jobs in June but postings remain below levels seen last year, fresh data has found, with brutal tax rises introduced in April by Chancellor Rachel Reeves weighing on employers.  In new jobs figures published by the Recruitment and Employment Confederation (REC) and Lightcast, the [...]

  • Rachel Reeves is lost in space

    July 24, 2025

    Rachel Reeves said was steering the economy past a black hole but her calculations are off and we’re heading for the abyss, says Helen Thomas One year ago, the new UK Chancellor declared that upon taking office she had discovered a £22bn fiscal black hole. She told parliament in her first big speech, “If left [...]

  • Rachel Reeves’ matchmaker moment

    July 23, 2025

    Finance bros and gals are often seen oozing confidence as they strut their stuff around the streets of Canada, imagining they’re the main characters on hit show Industry. But it would be a mistake to assume these investor strategists, expert consultants and risk analysts are libertarian dreamers, swashbuckling Reagan fanatics and small-state [...]

  • Britons miss out on maximising ISA allowance by investing too late 

    July 23, 2025

    UK consumers who delay investing in their ISA allowance until the end of the tax year could significantly reduce their potential for long term growth, analysts have warned. Investors who delay investing in stocks and shares ISAs have missed out on as much as £123,000 in compound growth over the past 20 years, according to [...]

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