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Business confidence

  • Lloyds banking group acquires remaining stake in Schroders personal wealth

    October 9, 2025

    Lloyds Banking Group has completed the full acquisition of Schroders’ personal wealth arm, six years after the establishment of the unit. Lloyds acquired the remaining 49.9 per cent of Schroders Personal Wealth (SPW) from the asset manager, handing the bank sole control of the business. Lloyds noted the acquisition will support the group’s “ambition to [...]

  • FTSE 100 Live: House prices fall; Shell eyes earnings boost; B&M takes hit

    October 7, 2025

    Good morning from the City AM liveblog team. Last week, PM Keir Starmer appeared to leave Labour conference on a high — seeing off threats to his leadership and resetting relations with members. But back in London, things are not quite as rosy. As we report today, UK dealmakers’ faith in the economy has slumped [...]

  • Jaguar Land Rover to bailout suppliers after state ‘rescue’ stalls

    October 5, 2025

    Jaguar Land Rover is finalising a deal to lend its suppliers millions of pounds as the tax-payer backed rescue of the carmaker hit a wall. Bosses are putting the final touches to a sweeping lifeline that would see up to £500m be injected into its supply chain, which is at a standstill. The privately funded [...]

  • Business confidence ‘plumbs new depths’ ahead of Budget

    October 1, 2025

    Business confidence fell to a fresh record low in September, as fears of another cost squeeze stoked an already dire operating environment that was found to have “worsened across the board”. According to an Institute of Directors (IoD) poll, private sector optimism plunged to the lowest level since the industry body started collecting data a [...]

  • Doing business in Britain is too difficult, too expensive and too uncertain

    September 30, 2025

    Business confidence is at a three-year low and productivity has not improved for 15 years. It is businesses that policymakers must turn to – and fast – to get growth back on track, writes ICAEW chief executive Alan Vallance  Whatever your political leanings, we can all agree that the UK faces a challenging economic context. Weak [...]

  • Whitehall pledges skills drive as AI wounds UK’s job market

    September 23, 2025

    The UK government is seeking to strike a balance between the promise and the perils of AI, with ministers insisting they are preparing for a range of outcomnes as the technology reshapes the labour market. Kanisha Narayan, a junior minister at the Department for Science, Innovation, and Technology (DSIT), said the administration was “monitoring data [...]

  • Businesses face ‘unprecedented’ political risk ahead of Budget

    September 23, 2025

    UK business leaders are battling an “unprecedented scale” of simmering global tensions which are set to impact profitability, according to a new survey. Concerns have spiked from the beginning of the year, a fresh survey from Beazley has concluded, with 85 per cent of UK business leaders saying political risk is affecting their profitability. This [...]

  • UK economy stalls with 50,000 job losses ahead of Autumn Budget 

    September 23, 2025

    The UK economy was hit by a “litany of worrying news” in the three months to September with thousands of jobs lost ahead of Rachel Reeves’ second Autumn Budget. The latest ‘flash’ PMI from S&P Global showed business activity expectations for the year ahead slumped to a three-month low in September as firms braced for [...]

  • Can Peter Kyle deliver a Budget lifeline for UK’s SMEs?

    September 15, 2025

    Chancellor Rachel Reeves is set to deliver her Autumn Budget on 26 November, nearly a month later than usual, and eyes are on what she will do for the SMEs. With borrowing costs hitting their highest levels since 1998, and servicing the national debt topping £100bn a year, the government has been urged to maintain fiscal [...]

  • CBI boss calls for Rachel Reeves to break Labour’s tax pledge

    September 10, 2025

    The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]

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