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      ‘Economic anaesthetic’ of welfare spending dwarfed capital investment by £1.1 trillion

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Politics

  •  Burnham to unveil new cost of living measures on UK tour

    August 9, 2026

    Prime minister Andy Burnham will start a national tour on Monday to hear Brits’ concerns about the cost of living and unveil a series of measures to provide financial support. Burnham plans to use the national tour to tell voters about his 10-year plan for the UK, while also announcing his new policies to “give [...]

  • Government urged to refuse £1bn British Steel repayment to Chinese former owner 

    August 7, 2026

    Business secretary Jonathan Reynolds has been urged to refuse to pay back almost £1bn in loans to the Chinese former owners of British Steel after it was nationalised earlier this year.  British Steel owed just under £1bn to companies connected to its owner Jingye Steel before it was taken into public ownership in an emergency [...]

  • No 10 backs ‘vertical drinking’ in Soho pubs

    August 7, 2026

    Downing Street has waded into the debate over so-called “vertical drinking” and called on Westminster City Council to “work with” the industry to maintain the culture of pints outside London pubs.  “Busy pubs full of people talking to each other is not a public nuisance, it is British life and it is thousands of jobs,” [...]

  • UK debt ‘hits £3 trillion’ milestone

    August 6, 2026

    The size of the UK’s national debt has now risen above £3 trillion, analysis has suggested, reflecting the burden facing taxpayers across the country.  A tracker by a rightwing campaign group and think tank has suggested that national debt had reached the long-awaited milestone after an explosion in spending since 2020. The Taxpayers’ Alliance based [...]

  • Serco chief hits back at New Statesman’s outsourcing jibes

    August 6, 2026

    Serco’s boss has hit back at media criticism in the New Statesman and other outlets as the under-scrutiny firm boosted its sales and eyed more contract wins.  The London-listed firm, which is one of Britain’s largest outsourcing companies running everything from bin collections to asylum accommodation, said it remained committed to bidding for contracts in [...]

  • ‘Social value’ procurement rules are an absurd waste of time and money

    August 6, 2026

    Procurement is not a sexy topic, but stay with me here. The public sector spends around £400bn a year buying goods and services from the private sector. You can imagine the scale: NHS equipment and Ministry of Defence gear, police cars and IT infrastructure, immigration processing centres, security guards, construction projects and fax machines. It’s [...]

  • Russian propaganda website hit with record ‘pink slime’ payout at High Court

    August 6, 2026

    An Uzbek businessman has been awarded £105,000 in damages and £117,663.38 in legal costs after winning a defamation suit against a UK publishing network – the largest publicly reported payout in a so-called ‘pink slime’ case. A City AM investigation into British publisher 2Trom was presented as evidence in the High Court case after we [...]

  • Astrazeneca and Jaguar Land Rover given power to endorse talented migrants for visas

    August 6, 2026

    A select group of private companies including Astrazeneca and Jaguar Land Rover will be able to endorse migrants to enter the UK on a skilled talent visa for the first time.  The list of over 100 companies, which also includes GSK, Arm and a range of large companies and research start-ups, will now be able [...]

  • Investors ‘may be less than impressed’ by John Healey’s £9bn borrowing plans 

    August 5, 2026

    Investors may be “less than impressed” by John Healey’s plans to increase borrowing by £9bn a year to take stakes in assets such as infrastructure, analysts have warned.  On Tuesday evening, it was reported that the new Chancellor and Treasury ministers were working on a proposal to deploy billions in the direction of infrastructure, housing [...]

  • Net zero and DEI targets cut from procurement rules as firms pressed to raise pay and hire NEETs

    August 5, 2026

    Net zero, modern slavery and equality rules are set to be stripped from procurement rules as Andy Burnham’s premiership looks to force firms to prioritise job creation.  Several major tenders for government contracts feature a list of “conditions of participation” that require firms to report on net zero, diversity, ESG –environmental, social, and governance for [...]

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