World Cup boost fails to land UK services sector on front foot Economics A World Cup boost failed to drag the UK’s services sector to growth last month after it recorded its fastest rate of decline in three-and-a-half years as businesses braced for the Andy Burnham coronation. The latest Purchasing Managers Index (PMI) from S&P Global showed a reading of 48.8 in June, falling from 49.3 in May. [...]
Miliband would be ‘disaster’ as Chancellor, says Labour cost of living chief Politics Keir Starmer’s cost of living champion has warned that Ed Miliband would be a “disaster” as Andy Burnham’s Chancellor. Lord Richard Walker, who is also executive chairman of budget supermarket Iceland, told BBC Newsnight that the current energy secretary’s net-zero policies are putting an undue burden on household bills. He said: “Climate change is real, [...]
Reeves’ summer of fun won’t deliver growth Opinion Instead of attempting to stimulate demand, Reeves should focus on helping hospitality from the supply-side, writes Matthew Bowles.
Supermarket price caps? Rachel Reeves is truly panicking May 25, 2026 Rachel Reeves's impulse to meddle in supermarket pricing shows she is not seriously interested in growth at all, writes Eliot Wilson.
Food prices set to soar 50 per cent since cost-of-living crisis began May 4, 2026 UK food prices are on track to be 50 per cent higher by November compared to levels at the start of the cost-of-living crisis, piling fresh pressure on households already struggling with rising bills. New analysis from the Energy and Climate Intelligence Unit (ECIU) warns the surge would mark a “grim milestone”, with price growth [...]
The cost of living crisis is the fault of the public sector, not billionaires March 5, 2026 The Green's newest MP was quick to blame billionaires for the cost of living crisis. Has she looked at the public sector, asks Paul Ormerod.
UK gas prices spike over 90 per cent amid US-Iran war March 3, 2026 Gas prices in the UK have nearly doubled as the war between US and Iran ramped up since the weekend. The price of UK wholesale gas prices – which reflect the costs energy suppliers pay to producers for natural gas before selling to household and businesses – has rocketed by 93 per cent in just [...]
Keir Starmer urges public to ‘reach out’ as he acknowledges cost-of-living struggle December 24, 2025 Prime Minister Keir Starmer has acknowledged that many are “still struggling with the cost of living” in a Christmas message posted on Wednesday morning. He said “we should each do our bit” as he urged people to “call around to a neighbour, check in on a friend or a relative who you haven’t heard from [...]
FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO December 4, 2025 Good morning and welcome back to the City AM liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]
Are super clubs dead? October 21, 2025 With young people now opting for smaller, cheaper and more intimate venues, the days of the super club look numbered, writes Sacha Lord.