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Budget

  • Wetherspoon to reveal Christmas trading amid challenging backdrop for pubs

    January 18, 2026

    Pub giant JD Wetherspoon is set to shed light on how its customers fared over the key Christmas period amid a backdrop of rising costs for the sector. The value pub chain, which runs around 800 venues across the UK, will become the latest firm to reveal its latest trading performance when it updates shareholders [...]

  • FTSE 100 Live: Gold surges amid Trump tensions; JLR leads growth rebound

    January 15, 2026

    Good morning and welcome back to the City AM liveblog. Rachel Reeves’ report card for 2025 has received another dim review with fresh figures from the Office for National Statistics (ONS) showing growth came in at a sluggish 0.1 per cent in the three months to November 2025. This was led by a modest rebound [...]

  • Reeves confirms ‘temporary support’ for pubs amid row over misleading claims

    January 14, 2026

    Rachel Reeves has confirmed “temporary support” for pubs in a climbdown over the business rates row, as a chief tax official claimed the Treasury was warned about the damaging impact of tax reforms after ministers claimed they had been in the dark about the changes. The Chancellor confirmed on Wednesday that she will roll out [...]

  • 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 [...]

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