Services industry falters as activity plummets amid Iran conflict fallout June 8, 2026 The UK’s services sector’s economic activity and performance declined sharply last month as fallout from the Iran conflict continues to impact businesses, according to new figures. According to data on the latest business trends from accountancy and advisory firm BDO, a drop in sales and fragile client confidence led to a drop in the services [...]
Starmer weighs cut to EU student fees in bid for Brexit reset June 6, 2026 Keir Starmer is considering cutting university fees for European students as part of a broader package designed to deepen Britain’s economic ties with the EU, in what could become one of the most politically sensitive concessions of his post-Brexit reset. Ministers are weighing whether to lower tuition costs for EU students attending British universities as [...]
Bunq: Revolut rival eyeing up UK banking licence bid June 4, 2026 Europe’s second largest digital bank is gearing up for a bid for a UK banking licence, City AM can reveal, as the firm puts its hat in the ring in the fight to claw market share from fintech leader Revolut. Bunq – which reached 20 million users in just a decade – is understood to [...]
UK has ‘lost control’ of its international narrative, says Barclays June 2, 2026 Barclays has laid bare the investment barriers facing the UK in a new report that states the nation has “lost control of its international narrative” leading to an impact on foreign capital. The banking giant has called for a drastic shake-up of how the UK attracts international capital, following its share narrowing to seven per [...]
City policy chairman: 10 years on from Brexit, the UK still needs the EU June 1, 2026 The impact of Brexit on the City has been more nuanced than many predicted, but the fundamental reality endures: we still need each other.
Reeves’ summer of fun won’t deliver growth May 29, 2026 Instead of attempting to stimulate demand, Reeves should focus on helping hospitality from the supply-side, writes Matthew Bowles.
Tony Blair accuses Starmer of damaging economy by clinging to manifesto pledges May 27, 2026 Sir Tony Blair has taken a swipe at Sir Keir Starmer for sticking to campaign pledges from Labour’s 2024 manifesto, which he says are economically damaging and should have been dropped “right at the outset.” In a 5,000-word essay published by his think tank, Labour’s longest serving PM pointed out that Budgets put forward by [...]
Starmer’s steel tariffs are as hare-brained as Trump’s May 27, 2026 Contrary to supporting the industry, Starmer's steel tariffs will push manufacturing offshore and invite retaliatory EU action, writes Andrew Griffith.
‘We cannot regulate cyber threats away,’ top lawyer warns May 21, 2026 British businesses are facing a growing compliance burden as governments race to respond to rising threats and the rapid spread of AI, but regulation alone may not solve the problem. “We cannot regulate cyber threats away”, partner and head of data and cyber at international law firm RPC Cavan Fabris told City AM. “There’s a [...]
No, London’s economy hasn’t lost its lustre. Here’s why May 21, 2026 The FT has once again remembered to write about London, the city in which the paper was founded and where the lion’s share of its staff, and its readership, is based. Though it turns out the pink’un hasn’t many nice things to say. London’s economy has lost its lustre, the paper writes. Among the evidence [...]