UK manufacturing edges into growth territory for first time in over a year UK manufacturing has edged into growth territory for the first time in over a year following months of struggle piling onto the sector. The S&P Global UK Manufacturing Purchasing Managers’ Index™ (PMI) hit a 14-month highof 50.2 in November, up from 49.7 in October. This placed the industry above the all-important 50 mark which indicates [...]
Autumn Budget Live: Wealthy, landlords and pensions hit in £26bn tax raid Markets Welcome back to the City AM liveblog. In a shocking turn of events the UK fiscal watchdog has accidentally released the economic forecasts – intended to be published after the Budget – before the Chancellor even took to the despatch box. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on [...]
Autumn Budget: B&Q boss hands Reeves tool kit for growth Retail Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the boss of retail stalwart B&Q warns truly fixing the foundations starts with building confidence. After Labour’s monumental 2024 general election sweep, Chancellor Rachel Reeves seized her economic tool kit, telling Britons she was “fixing [...]
Brits confidence in European economy outpaces UK as Budget fears grow November 11, 2025 Brits have admitted to having more confidence in the strength of the European and global economy than the UK as Budget fears consume the country. Fresh Barclays research has revealed Brits confidence in the European economy has ranked above the UK for the tenth consecutive month. Of the 2,000 surveyed, 22 per cent had faith [...]
Booming Manchester outshines ‘stagnant’ London November 4, 2025 Greater Manchester’s booming economy is outstripping the rest of the country and throwing into sharp relief the “stagnant” state London has found itself in since the 2008 financial crisis, according to a new report. As Chancellor Rachel Reeves sets out the productivity challenges facing the UK ahead of the Budget, new analysis from Oxford Economics [...]
Manufacturers urge government to ‘get growth off the floor’ at Budget November 4, 2025 The manufacturing industry has warned the government to prioritise growth in the Budget as the sector fights back from a year-long downturn in the face of “existential threats.” Manufacturers have faced mounting pressures over the last 12 months as business costs soared in the aftermath of Labour’s first Budget before tariff uncertainty and persistently high [...]
Autumn Budget could ‘exacerbate’ manufacturing challenges November 3, 2025 Fears that the UK manufacturing industry’s recovery could be “short-lived” have jumped as firms brace for a painful Autumn Budget. The latest S&P Global’s manufacturing Purchasing Managers’ Index (PMI) edged up to 49.7 in October, marking a 12-month high for the sector. But this remained stubbornly below the all-important 50.0 threshold, which indicates whether a [...]
World-leading office demand and a severe supply crunch meet in London October 30, 2025 New research shows that London is the most attractive European city for commercial office investment, but its future is under threat from a lack of construction. Central London has the lowest vacancy rate among international peers – two thirds lower than Manhattan’s – demonstrating continued global appeal, according to the London Property Alliance. Prime rents [...]
Housing market stalls as ‘fearmongering about budget’ hurts confidence October 27, 2025 House price growth in the UK has slowed and sales have dropped for the first time in two years as more buyers adopt a ‘wait and see’ strategy ahead of a tax-raising Budget next month. Zoopla found that the usual Christmas slowdown has “begun six to eight weeks early”, with buyer demand down eight per [...]
Ballooning office rents price creative industries out of UK cities October 27, 2025 The UK’s creative industries are under threat from a spike in rents and a shortage of suitable space, according to a new report. With rents up a third since 2019 and growth in the creative industries stalling, businesses are being priced out of urban areas as workspace costs soar and margins tighten. “If these threats [...]