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      UK economy stuck in ‘slow lane’ as business investment to slump 

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Industrials

  • Starmer admits defence upgrade doesn’t have enough funding

    March 23, 2026

    Sir Keir Starmer has admitted the government’s proposed defence plan does not have enough as he vowed to “resolve” the rift between the Treasury and the Ministry of Defence. The Prime Minister admitted a target to raise spending on defence from 2.5 per cent of GDP in 2027 to 3.5 per cent in 2035 required [...]

  • MoD looks to hire AI chief on £185,000 – just don’t use it in your application

    March 23, 2026

    The Ministry of Defence is on the search for a new AI chief to put the UK on a tech war footing.  The MoD said its new chief AI officer would be in charge of leading an in-house technology centre and bringing AI into operation across the military for “maximum impact”.  The London-based job will [...]

  • City AM Awards 2026: Meet the Finalists

    March 18, 2026

    And the nominees are…. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of the UK’s most prominent business leaders, known for his straight talking and punchy views across a range of topics including UK entrepreneurship, the business environment, capital markets and, of course, energy. In August [...]

  • Defence boosts Serco amid asylum hotel decline

    March 5, 2026

    Government defence contracts helped Serco deliver a higher profit in 2025 despite a drop in the use of migrant hotels, once a key revenue stream for the London-listed company.  Serco, an outsourcing company that covers government work on everything from migrant hotels to waste collection, was boosted by higher state expenditure both in the UK [...]

  • Starmer refuses to reveal date of defence investment plan 

    March 4, 2026

    Sir Keir Starmer hit back at criticism the UK government was not spending enough on defence amid an escalating conflict in the Middle East putting RAF jets and British nationals at risk.  The Prime Minister declined to reveal when the much-anticipated defence investment plan would be published as Kemi Badenoch centred her attacks on the [...]

  • Manufacturing exports highest in four years despite jobs decline

    March 2, 2026

    Export orders across the manufacturing sector hit its highest level in four years and a half despite a continued decline in employment across the sector, new research has shown.  S&P Global’s purchasing managers’ index (PMI) has pointed to upbeat news on the UK economy ahead of tomorrow’s Spring Statement, which will be delivered by Chancellor [...]

  • Nuclear deterrent strategy ‘no longer fit for purpose’

    February 5, 2026

    The UK’s nuclear deterrent strategy is outdated and a lack of expertise has left the country with an “awful lot of ground to make up”, a report backed by the former head of the civil service has warned.  Lord Simon Case, who was cabinet secretary until shortly after Labour returned to government, has joined academics [...]

  • Employment falls despite manufacturing output hitting new high

    February 2, 2026

    Employment across the manufacturing sector dropped despite output jumping to its highest level in 17 months, new data has shown.  Manufacturers continued shedding staff due to high pay and tax pressures, according to S&P Global’s latest purchasing managers index (PMI).  The poor reading for the labour market came in direct conflict with more positive results [...]

  • Defence splurge cannot fund planned expansion, military chief says

    January 14, 2026

    The Labour government’s commitment to increase defence expenditure to 2.5 per cent of GDP from next year will not fully fund the planned expansion of the armed forces, a top military official has warned.  Sir RIchard Knighton, chief of the defence staff, told MPs on Monday the rise in government funding would not be enough [...]

  • Manufacturing output plummets at fastest pace since pandemic

    November 20, 2025

    Manufacturing output in the three months to November dropped at the fastest pace since the pandemic, a new survey has found.  Researchers at the Confederation of British Industry (CBI) said that the balance reading for output volumes across industry was at the lowest level since the quarterly period to August 2020.  The weighted balance reading [...]

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