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Economics

  • Rachel Reeves was overshadowed by her future self

    September 30, 2025

    The Chancellor’s speech yesterday was overshadowed by one she hasn’t yet delivered; that’ll be the Budget, on 26 November. The whole country knows that the November Budget is going to be painful, one way or another, and its inevitable constraints (in fact, just the timing of it) meant that Reeves wasn’t able to say much [...]

  • Starmer warns of ‘long and difficult road’ to build fairer country

    September 29, 2025

    Prime Minister Keir Starmer will tell Labour members that the government faces a “long and difficult” path towards rebuilding the country in a speech set to define his leadership after a troubled year in office.  Starmer’s speech on Tuesday afternoon will warn the audience at the Labour Party Conference that decisions will not be “cost-free”, [...]

  • Rachel Reeves warns ‘harder choices’ coming at Budget 

    September 29, 2025

    Chancellor Rachel Reeves has warned that her choices will be “harder” at this year’s Budget, with questions being raised on whether she will row back on Labour manifesto tax commitments to plug a £30bn shortfall. In a speech at the Labour Party conference, Reeves said that “harsh global headwinds” and the effects of her Tory [...]

  • Natwest chair: Rachel Reeves’ Budget must include radical tax reform

    September 29, 2025

    The chair of banking giant Natwest has called for Rachel Reeves to implement “radical tax reform” in her Autumn Budget. Rick Haythornthwaite has said a “bold long-term plan” to “kick-start growth” would reassure jittery bond markets and “deliver much-needed social benefits”. “This is the time for a 10-year programme of radical tax reform. Time for [...]

  • Rachel Reeves takes dig at Andy Burnham over bond markets

    September 26, 2025

    Chancellor Rachel Reeves has said the government was reliant on bond traders as part of an effort to fix “precarious” public finances in a pointed dig at Labour’s Manchester Mayor Andy Burnham.  In a panel discussion in front of an audience of centre-left figures on Friday, Reeves struck a defiant tone against mooted criticism she [...]

  • UK population: High migration drives near record growth

    September 26, 2025

    The UK population increased by 755,300 in the year to mid-2024, marking the second-largest annual rise in over 75 years, mainly due to high net migration.  The Office for National Statistics (ONS) stated that the UK population had reached 69,281,400, with England experiencing a larger increase than other nations.  Net migration reached 738,700 over the 12 months [...]

  • Oasis fans’ supersonic spending tops Swifties in economic boom

    September 26, 2025

    Oasis fans have topped the economic boost of Taylor Swift, with spending reaching over £5m at their first Wembley concert this year. The ‘Gallaghernomics’, as dubbed by Lloyds in their Market Intelligence analysis, have surpassed ‘Swiftonomics’ by 38 percent. The Oasis concert on 25 July 2025 generated £5.1m revenue in Wembley and within a one-mile [...]

  • HSBC UK beefs up wealth arm with ‘generational’ bet

    September 26, 2025

    HSBC UK is making a “generational” play to beef up its wealth arm as the banking juggernaut eyes global dominance in the field. The FTSE 100 titan will launch a new Wealth Academy this autumn, the bank’s managing director of wealth Christopher Dean told City AM, in partnership with the London Business School. The bank’s [...]

  • Brits get poorer amid high inflation and soaring taxes 

    September 25, 2025

    British families saw their incomes drop in real terms last year when household sizes are taken into account, official data has shown, with high inflation and tax demands squeezing people’s finances.  The Office for National Statistics has revealed that equivalised original income for UK households dropped by £1,400 in real terms because salaries did not [...]

  • Watch: Is the UK at risk of recession?

    September 25, 2025

    We were told this would be the most pro-business government in the history of the country – so why have a gang of top chief executives this week fired warning shots at the Treasury – and why has one of them warned that we’re heading into a recession? It wasn’t supposed to be like this. [...]

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