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      Starmer and Reeves have caused huge damage to the UK economy

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economic growth

  • Championing Inclusion in the City: A Conversation with Debbie Crosbie

    Destination City

    Women’s History Month gives us a moment to celebrate the remarkable contributions women make across the City of London and reflect on the ways we are making to ensure the City is an inclusive and welcoming destination for the next generation of talent. The City’s strength has always come from its ability to attract people [...]

    Shutterstock image 2112192284 featuring a general business scene with professionals in a modern office setting.
  • ‘Taxed to a standstill’ – UK economy grinds to a halt with no growth in January

    Economics

    The UK economy saw zero growth in the first month of the year – before global markets were rocked by the outbreak of war in the Middle East. Fresh figures from the Office for National Statistics (ONS) have handed a major blow to Rachel Reeves with the economy flat in January, compared to the 0.2 [...]

    Keanu Reeves in a thoughtful pose, wearing a formal suit, looking contemplative during a business meeting or press event.
  • The Debate: Should MP salaries be linked to GDP?

    Opinion

    As MPs receive an inflation-busting pay rise, we ask if it's time to better incentivise politicians by linking their salaries to growth.

    Members of Parliament engaged in a debate session in the House of Commons, highlighting UK political proceedings.
  • Meet Reeves’ outsider tasked with steering the City to growth

    March 3, 2026

    The City has rolled out the red carpet for the banking watchdog’s new chief after Katharine Braddick, a seasoned veteran of the financial trenches, was named on Friday as the successor to Sam Woods. For a cool £314,000 a year, she’s set to take on the brief of steering the UK’s banking sector. Chancellor Rachel [...]

  • Bank of England took ‘eye off ball on inflation’, says Jenrick

    February 18, 2026

    Robert Jenrick is set to make his first major pitch to the City, in his first major outing as Reform’s spokesman on Treasury matters. The Newark MP is expected to commit to the independence of the Bank of England but pledge to “strip the Bank of distractions which have been loaded onto it”. “We will [...]

  • FTSE 100 Live: Unemployment rises; Debenhams’ £35m raise

    February 17, 2026

    Good morning and welcome back to the City AM liveblog. The UK unemployment rate has risen again this morning, with fresh data from the Office for National Statistics (ONS) showing the rate had surged to 5.2 per cent in the three months to December 2025. This was up from 5.1 per cent in the latest [...]

  • Gloomy Brits’ sluggish spending set to drag on economic growth

    February 16, 2026

    Brits continued to tighten their pockets in January as economists warned sluggish spend from consumers could trigger a “sustained drag on economic growth“. S&P Global’s latest Consumer Sentiment Index (CSI) showed a reading of 44.8, indicating further deterioration across household confidence with the figure remaining below the 50.0 mark that indicates neutrality. Whilst it crept [...]

  • GDP: UK faces ‘most dismal decade for growth in 100 years’

    February 12, 2026

    The UK economy had a minor expansion in the fourth quarter of 2025 coming a touch below expectations as an expected boost from the services sector failed to come to fruition. Fresh figures from the Office for National Statistics (ONS) showed the economy expanded a sluggish 0.1 per cent in three months to December 2025. [...]

  • Public finance bodies need more clarity, says boss of Reeves’ wealth fund

    January 28, 2026

    The boss of Rachel Reeves’ flagship wealth fund has admitted British entrepreneurs want more clarity across public finance bodies as concerns rise over the growing number of institutions. Former RBS boss Oliver Holbourn, who the Chancellor appointed last July to lead the National Wealth Fund (NWF), said “people want more confidence in who they’re going [...]

  • 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 [...]

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