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UK economy

  • Week in Business: Labour’s jobs madness as employers urge change of plan

    April 17, 2025

    Business Secretary Johnny Reynolds was so fed up with people criticising him for never having run a business that he bought himself a whopping great steel mill in Scunthorpe.  Now firmly a member of the boss class, will he have sympathy with the business chiefs who this week begged the government to rip up their [...]

  • UK-US trade deal could be agreed within weeks, as MPs call for vote

    April 17, 2025

    A trade deal between the UK and the US could reportedly be agreed within weeks, as senior MPs have called for Parliament to have a vote on any such agreement. According to a report in the Telegraph, White House officials believe a deal with the UK could be finalised with President Donald Trump’s administration in [...]

  • Sadiq Khan calls for youth mobility scheme to support London businesses

    April 17, 2025

    Sir Sadiq Khan has called on the government to sign up to a youth mobility scheme with the European Union (EU) to boost London’s growth and support the capital’s businesses. The London mayor warned Britain needed protection from the “economic storm” of US President Donald Trump’s sweeping new global trade tariffs, which have sparked fears [...]

  • Dunelm warns of uncertainty ahead despite ‘strong’ growth

    April 17, 2025

    Dunelm revealed "strong sales" over its third quarter, as the group generated over six per cent growth across its homewares and furniture categories.

  • Workspace: Lettings activity surges but CEO warns on economic uncertainty

    April 17, 2025

    Workspace lettings activity in Q4 was up around 15 per cent of the same quarter in the previous year, as the group competed for over £10m worth of new rentals

  • Jobs market saw March boost ahead of ‘Awful April’ 

    April 17, 2025

    Job postings steadily increased in March in signs that employers have built some resilience ahead of tax hikes and sweeping cost rises in what has been labelled ’Awful April’.  Active job postings grew by 3.3 per cent compared to the month before as London saw the second highest increase across the country, according to the [...]

  • City Hall skills bootcamps to receive £27m funding boost

    April 17, 2025

    City Hall is set to receive a funding boost of £27m for a skills bootcamp programme for Londoners, Sir Sadiq Khan has announced. The mayor of London has welcomed the funding from the Department for Education (DfE) which represents a 25 per cent annual uplift for the programme of flexible courses, across some 7,700 trainees, [...]

  • The government is facing a wave of summer strikes – how will it respond?

    April 17, 2025

    Public sector strike action is always tricky territory for Labour politicians to navigate, particularly when the party is in opposition. When strikes plagued the previous Tory government (teachers and junior doctors in particular) Labour MPs – including Keir Starmer – were quick to condemn the government while trying hard not to criticise the unions, with [...]

  • Trump’s tariffs to tip world over into ‘recessionary phase’

    April 16, 2025

    A locking of horns between the US and China over tariffs could tip the world economy into recession as soon as this year, a closely-watched forecast has suggested, as businesses wrestle with the fallout of declining global trade volumes. Global growth is set to slow to 2.3 per cent this year, according to projections by [...]

  • Tourist tax: Lisa Nandy says Labour may ‘explore’ restoring VAT free shopping

    April 16, 2025

    Lisa Nandy has said the government “could explore” restoring VAT free shopping after hearing “very loud and clear” the calls from the industry to scrap the so-called tourist tax. The culture, media and sport secretary told Elle UK magazine that fashion was in the “soul of the nation” and ministers recognised its “centrality” to the [...]

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