EU banking rules could ‘choke investment’ from booming City January 14, 2026 The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]
Scottish higher earners at risk of being hammered with more tax January 13, 2026 Higher earners in Scotland could pay over £1,000 more in extra tax, as the Scottish Finance Secretary copies Rachel Reeves’ Autumn Budget playbook. Finance Secretary Shona Robison opted to raise the tax threshold for both basic and intermediate tax payers, but left the higher rate unchanged, which is likely to drag more earners into higher [...]
Financial services suffer ‘rapid’ fall in business January 8, 2026 Financial services are suffering from a “rapid” fall in business activity, new survey data has shown, pointing to investors’ struggles to revive a spluttering UK economy. The Confederation of British Industry (CBI)‘s figures suggested financial services companies experienced a decline in business volumes and profitability at the end of last year, hitting confidence across the [...]
Ministers to offer business rates relief to pubs after backlash January 8, 2026 Panicked ministers are poised to water down the business rates bombshell faced by pubs, after an aggressive backlash from the industry saw over a thousand landlords ban Labour MPs from their premises. The government is expected to announce an overhaul to the way it calculates business rates for pubs within days, which it says will [...]
Brits borrowed more despite Budget unease January 5, 2026 British consumers took out more in credit over November than expected despite suggestions that Budget speculation would have held people back from taking risks, official data has shown. Economists widely predicted that weeks of speculation over tax rises dampened consumer sentiment and prevented people from borrowing more. But the Bank of England has revealed that [...]
UK economy showing signs of ‘zombie apocalypse,’ says think tank January 5, 2026 The UK economy faces a “zombie apocalypse” in the coming year, as years of tough trading conditions force thousands of unproductive firms to the wall, an influential left-leaning think tank has predicted. The Resolution Foundation forecasts a “triple whammy” of multi-year increases in interest rates, energy prices and the minimum wage will lead to the [...]
Activity in UK’s embattled manufacturing sector hits 15-month high January 2, 2026 The UK’s embattled manufacturing sector took another small step towards recovery at the end of 2025 thanks to an influx of new orders. The latest UK Manufacturing Purchasing Managers’ Index (PMI) from S&P Global UK hit a 15-month high as the industry continued to grow for the second consecutive month. The PMI reading hit 50.6, up [...]
Labour ‘quietly hammering’ workers as pensioners benefit, think tank warns January 2, 2026 The Labour government is “quietly hammering” workers following the Autumn Budget’s stealth tax raid while pensioners and those on benefits are set to enjoy a jump in income, a think tank has said. In the November Budget, Rachel Reeves extended the freeze on income tax thresholds until 2031 – a move which is viewed as [...]
Britain stuck at bottom of G7 for total investment as Labour’s policies backfire December 31, 2025 Rachel Reeves has come under fire after fresh data revealed Britain was stuck in last place among the world’s seven largest economies for total investment. Public and private investment marked just 18.6 per cent of GDP in the three months to September, placing the UK last among the G7 nations. Whilst it is a trend [...]
How to boost your pension pot in 2026 December 31, 2025 The New Year is fast approaching, and with it, resolutions to improve financial situations and retirement outlooks. This can be done through changing cash ISA accounts for one with a more favourable interest rate, investing in the stock market or paying off debts. But for many people, in particular those approaching retirement, reviewing and updating [...]