Burnham would end asylum hotel contracts if he was PM, allies say May 30, 2026 Andy Burnham would end the multibillion-pound asylum accommodation contracts if he became prime minister, according to allies of the Labour leadership hopeful. Since March, the Home Office has had the opportunity to trigger a break clause in the ten-year contracts it signed with three private companies which are responsible for sourcing accommodation. The clause allows [...]
London was once a destination for the young, now it’s a compromise May 29, 2026 New research shows a third of young Londoners expect to leave within two years. The city is pricing out its talent, says Festus Akinbusoye.
Reeves’ savings package to have minimal impact on inflation rise May 29, 2026 A discount campaign launched by Chancellor Rachel Reeves will “shave off” an expected rise in inflation, analysis has suggested, as economists have raised concern over Britons’ inflation expectations. Reeves’ move to delay a hike in fuel duty beyond September and offer VAT relief for businesses giving families reduced prices could strip 0.2 percentage points off [...]
Burnham hits back at Blair with more state control for ‘good growth’ May 29, 2026 Andy Burnham has called for stronger state intervention in the economy to deliver what he calls “good growth,” lashing back at Tony Blair’s blueprint for Labour’s future direction. The Greater Manchester mayor conceded areas of agreement with the three-time election winner — notably on the importance of economic growth— but accused Blair of a “gaping [...]
Top banks urge Rachel Reeves to expand small business lending scheme May 29, 2026 Top UK banks are lobbying Rachel Reeves to beef up the government’s small business lending scheme in a bid to unlock more capital to be lent to firms. A letter penned by UK Finance – the banking industry body that represents the likes of Barclays, Lloyds and Natwest – has called for the Chancellor to [...]
As it happened: Stocks rise on Iran peace hopes; Asda and Ocado deal May 29, 2026 Good morning and welcome back to the Morning Wire liveblog. After investors kicked into sell-off mode on Thursday amidst spiking tensions as the US and Iran exchanged strikes, attention is quickly turning back to hopes of a peace deal this morning. US and Iranian negotiators are reported to have reached an agreement on a 60-day [...]
Reeves’ summer of fun won’t deliver growth May 29, 2026 Instead of attempting to stimulate demand, Reeves should focus on helping hospitality from the supply-side, writes Matthew Bowles.
I’m a social landlord, but London housing needs the private sector May 29, 2026 Any mention of the private sector is met with rejection, or even disgust, in some quarters of the social housing sector, but we both need each other, writes Andy Hulme.
Moving abroad won’t save you from the British tax man May 29, 2026 Brits have become ensnared in tax traps following an upheaval of the system by Chancellor Rachel Reeves in the past two Autumn Budgets. UK households have been slammed by a number of shake-ups, including an extended freeze of the income tax thresholds, a hike to dividend tax and a new ‘mansion tax’ on properties valued [...]
Property rich, pension poor: Meet the ‘sleepwalking’ generation May 28, 2026 Those born between 1965 and 1980 could suffer from weaker retirement prospects despite being deemed property rich, after failing to be included in generous pension schemes. The so-called Generation X are at risk of “sleepwalking” into an inadequate retirement, regardless of their high exposure to property, owning twice as many buy-to-let homes as Baby Boomers, [...]