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UK economy

  • Natwest housing finance chief: Social housing changes lives – I would know

    June 8, 2026

    Behind every discussion about social housing are real people whose lives can be changed by the security of a permanent home, writes Paul Eyre.

  • Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

    June 8, 2026

    Supermarket food inflation has risen significantly for the first time this year, a Morning Wire analysis has found, flashing an early warning sign that the surge in energy and freight costs triggered by war in Iran is reaching shelf prices in the UK. Morning Wire reporters gather data on around 200 prices of products across [...]

  • Jobs slump as economy ‘held up by uncertainty’

    June 8, 2026

    The UK jobs market has been handed another blow as businesses ditch permanent hires as the economy battles against domestic and international uncertainty. The latest jobs report from KPMG and REC, the professional body for recruiters, showed hiring for permanent places dropped to a reading of 44.1 in May, which sits below the neutral 50 [...]

  • One in ten graduates to flee UK’s worst job market in 30 years

    June 7, 2026

    One in ten students due to graduate university this summer do not plan on staying in the UK to find work, according to a new survey from graduate recruitment research firm High Fliers. The survey revealed that out of the 15,000 students surveyed from over 30 universities including Oxford, Cambridge, Edinburgh, and the London School [...]

  • Defence spending plan delay undermines UK credibility, MPs say

    June 7, 2026

    The delay in publishing Keir Starmer’s long-awaited plan on defence spending has undermined the UK’s credibility and left the country less safe, a parliamentary committee has warned. In a new report critisising the long delay in publishing Starmer’s Defence Investment Plan (DIP), the Public Accounts Committee said this “has undermined the UK government’s credibility with [...]

  • Labour warned not to kill off hybrid jobs millions rely on

    June 7, 2026

    Labour has been warned not to “regulate flexible jobs out of existence” after new polling found two-thirds of part-time workers chose their role specifically because it offered flexibility around childcare or studying. The intervention from the British Retail Consortium (BRC) comes as ministers press ahead with plans to overhaul zero-hours contracts and force employers to [...]

  • Peter Kyle vows state will take bigger stakes in Britain’s next tech giants

    June 6, 2026

    The government is preparing to take larger stakes in Britain’s fastest-growing companies as Peter Kyle ramps up Labour’s efforts to turn the state into a more active backer of private enterprise. Ahead of London Tech Week, the business secretary said ministers would become more willing to deploy taxpayer money alongside private investors, arguing that government [...]

  • Starmer weighs cut to EU student fees in bid for Brexit reset

    June 6, 2026

    Keir Starmer is considering cutting university fees for European students as part of a broader package designed to deepen Britain’s economic ties with the EU, in what could become one of the most politically sensitive concessions of his post-Brexit reset. Ministers are weighing whether to lower tuition costs for EU students attending British universities as [...]

  • Burnham vows to cut the price of a pint as he turns on Labour tax rises

    June 6, 2026

    Andy Burnham has launched a major policy intervention of the Makerfield by-election campaign with a pledge to cut business rates for pubs and ease the tax burden on small businesses, marking a clear break with Keir Starmer’s government. The Greater Manchester mayor said Labour had “got it wrong” on small businesses as he unveiled plans [...]

  • London house prices fall as Bank of England rate hikes loom over mortgage market 

    June 5, 2026

    Fresh insight into the UK’s lacklustre housing market revealed price declines for London and the South East on Friday, while the overall national rate of increase halved for May The closely-watched Halifax House Price Index was released with mortgage holders and would-be home buyers eyeing interest rate rises from the Bank of England (BOE).  The [...]

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