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      Pensioners hit with £8bn tax bill after government freezes allowances

      City economists have warned that the triple lock pension is unsustainable and unaffordable given the state of the UK's public finances.

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      Uefa blocks Fifa’s World Cup sell-off if it stands up to Infantino again

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      Hélène Darroze à la carte is the ultimate lunchtime luxury

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Opinion

  • 10 years on from Brexit, traders shouldn’t forget the power of comms

    June 23, 2026

    A decade on from Brexit, and its Big Short style market swing, traders should remember the importance of comms, writes ex-rates trader Oliver Blower.

  • The next Prime Minister can change the conversation on the fiscal rules

    June 23, 2026

    Since the defenestration of Liz Truss, the OBR has become an obsession in British politics. It need not be this way. Independent fiscal institutions are supposed to inform politics, not rule it. Other countries use them as sources of transparency, not as judge, jury and executioner, says Helen Thomas The next Prime Minister and Chancellor [...]

  • On this day: Brits vote in referendum that changes everything

    June 23, 2026

    The Brexit referendum was 10 years ago today. A decade on, very little has been resolved, says Eliot Wilson There have only ever been three UK-wide referendums. Appealing directly to the electorate on a single issue through a plebiscite fits awkwardly with parliamentary government, as Enoch Powell told the House of Commons in 1972: “The [...]

  • Thames Water is Burnham’s first big test: will he do what’s right or what’s popular?

    June 23, 2026

    Thames Water will run out of money in a matter of months, but the government rejected a plan to save it. Now, Burnham’s talk of renationalisation is already scaring off investors and reducing the tax revenues available to fun public services, says Natascha Engel Now that Keir Starmer has announced his departure, the question is [...]

  • Here’s what a government led by Andy Burnham will look like

    June 23, 2026

    The political economy of an Andy Burnham government is clear, it will be radically interventionist: nationalising failing utilities like Thames Water, investing in the green transition – and seeing the Iran War as a spur to the ultimate energy security of renewables plus nuclear; building a progressive economy of opportunity and prosperity for all, says [...]

  • Burnham might lift Labour’s mood but he won’t save the country

    June 23, 2026

    It was a little under two years ago that Keir Starmer stood outside 10 Downing Street and declared that his new government would “end the era of noisy performance [and] tread a little more lightly on your lives.” It was a bold ambition and, after a shambolic end to Tory rule, a welcome one. Was [...]

  • Carrying debt into retirement isn’t always bad news

    June 23, 2026

    As more pensioners turn to housing wealth to fund old age, James Daley argues that perceptions around carrying debt into retirement need to change.

  • What today’s central bankers can learn from the late Alan Greenspan

    June 22, 2026

    Former chair of the Fed Alan Greenspan has died today, leaving a great legacy and many lessons for policy makers today, says Ben Ramanauskas Alan Greenspan, Chairman of the Federal Reserve for nearly two decades, died yesterday at the age of 100. While his passing will receive little media coverage due to the resignation of [...]

  • Taxpayers will foot the bill for Burnham’s renationalisation whims

    June 22, 2026

    Nationalisation will simply have the Treasury assume private spending commitments with little knowledge of how to run these businesses, thereby increasing the burden on taxpayers, says Valentin Boboc For the first time in nine years, Andy Burnham is back in Westminster. With his eyes on the top job and a year rife with debate about [...]

  • Andy Burnham: being all things to all men will end up letting everyone down

    June 22, 2026

    Andy Burnham has made a series of promises he knows he can’t keep. Either that he does not care, so consumed is he with ambition to be Prime Minister, or that he believes he will somehow find a way to make the circle appear squared and satisfy a broad spectrum of opinion. Indifference or mendacity [...]

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