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      John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

      Chancellor John Healey speaking at a professional event, likely a press conference or address.

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      Exclusive: Rugby World Champions Cup set to be mothballed

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Economics

  • Home Office contractor proposes investor visa for ‘business angels’

    September 2, 2025

    A Home Office contractor has put forward plans for an investor visa to be re-introduced as advisers claimed a targeted entry route for wealthy foreign nationals would be “dramatically beneficial” for the UK economy.  Envestors, an investment service that assesses entrepreneurs applying to enter the UK via the innovator founder visa, has argued that a [...]

  • Keir Starmer’s approval rating sinks to record low 

    September 2, 2025

    Keir Starmer’s approval ratings have hit a record low, a City AM/Freshwater Strategy poll has shown, as pressure mounts on the government ahead of the Budget. Research by City AM and the advisory firm Freshwater Strategy has highlighted the growing discontent among voters over the UK government’s poor performance after a year in office.  Starmer’s [...]

  • Brits set their sights on affording comfortable retirement

    September 2, 2025

    British adults have set their sights on affording a luxury retirement, but rising costs have soured some saver’s hopes. Nearly 8m Brits have made securing a comfortable retirement their main financial priority, according to research from consumer banking business Chase. A comfortable retirement allows more financial freedom and luxuries, such as holidays and greater non-essential [...]

  • Starmer seeks to relaunch as approval rating hits fresh low

    September 2, 2025

    Keir Starmer has launched a dramatic shakeup of his Downing Street team as he hails the “second phase” of his government amid dire poll ratings and a sluggish economy. The Prime Minister has beefed up Number Ten’s economic muscle, bringing in his Chancellor’s top minister, Darren Jones, to fill a newly created position alongside a [...]

  • Keir Starmer puts Treasury manpower in No 10 at expense of Reeves

    September 1, 2025

    Keir Starmer has made a series of new appointments that point to his drive to bolster No10’s focus on the UK economy at the expense of the Treasury.  Starmer has given Darren Jones the newly-created position of chief secretary to the prime minister after he previously served as the chief secretary to the Treasury. In [...]

  • Manufacturing recovery collapses amid spiralling costs

    September 1, 2025

    Manufacturing output hit a three-month low in August, a new survey has suggested, after early signs in the summer indicated the sector was on a path to recovery.  The Labour government is determined to deliver higher growth, with strategy papers outlining plans to boost production across the UK by lowering energy costs.  But new purchasing [...]

  • Voters oppose higher taxes and want Rachel Reeves sacked

    September 1, 2025

    The majority of UK voters would be opposed to higher taxes despite pressures on public finances, a new poll has found.  Analysis by economists has suggested that Rachel Reeves will have to raise taxes by as much as £50bn in the Autumn Budget, with property owners and pension pots reportedly set to be targeted by [...]

  • Reeves warned ‘sin taxes’ could fail to boost tax receipts

    September 1, 2025

    Labour officials have been warned that plans to boost government revenue by raising “sin taxes” could be judged harshly by the Office for Budget Responsibility (OBR) this year, with industry bosses calling on the Treasury to listen to “on-the-ground concerns” before making a final decision.  Reports have suggested the government could raise gambling levies later [...]

  • Firms mildly confident about growth after worst reading on record

    September 1, 2025

    Firm owners are now mildly confident about seeing their companies grow after July’s reading showed business confidence at the second-lowest level on record, according to a leading industry group’s monthly survey.  A survey by The Institute of Directors (IOD) has said that business leaders’ confidence in their own organisations is now in positive territory, having [...]

  • Investec raises growth forecast and backs November interest rate cut

    August 29, 2025

    Global banking firm Investec has lifted its growth projections for the UK economy with another interest rate cut pencilled in for 2025. The financial services company expects the UK economy to grow 1.5 per cent this year and 1.6 per cent in 2026. This trumps the Office for Budget Responsibility (OBR) forecast, which expects the [...]

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