Tax or cut? Rachel Reeves faces fiscal headache before OBR forecasts February 5, 2025 The Office for Budget Responsibility (OBR) will publish its latest assessment of the UK economy on 26 March.
UK economy: Services firms’ new orders fall for first time in over a year February 5, 2025 The survey showed that incoming work for services firms decreased in January, ending a 14-month period of continuous growth.
UK voters want ministers to prioritise growth over net zero, poll finds February 5, 2025 Voters in the UK say they want the government to prioritise economic growth over net zero, pollsters have found. Exclusive polling for City AM by Freshwater Strategy found seven in ten people said they would rather the government prioritise economic growth over achieving net zero by 2050. It comes after pollsters yesterday revealed a majority [...]
Bold action and optimism! Let’s hope the Chancellor’s confidence is contagious February 3, 2025 Promises of bold action from the Chancellor are gratefully heard in the City. Let's not let this opportunity for growth pass, writes Chris Hayward.
Five policies the Chancellor hopes will fire up the economy January 31, 2025 Chancellor Rachel Reeves committed to going "further and faster" on kickstarting economic growth.
The Week in Business: is Reeves right to be an optimist? January 31, 2025 Rachel Reeves has been reset, but should we buy into this new optimistic Chancellor?
US economy grows less than expected but households remain resilient January 30, 2025 Figures from the Bureau of Economic Analysis (BEA) showed that the world's largest economy grew at an annualised rate of 2.3 per cent in the final three months of the 2024.
Politicians should drop their obsession with Silicon Valley January 30, 2025 Successive British politicians have reached for Silicon Valley – or the idea of Silicon Valley – every time they’ve wanted to project a vision of the future. In 2010 David Cameron set out plans to turn East London into “a world-leading tech city to rival Silicon Valley.” Seven years later, Theresa May’s government was still [...]
‘Not a second to waste’: City of London calls for action to back up Reeves plans January 29, 2025 The City of London has warned the government there “isn’t a second to waste” in pushing through its growth plans today after the Chancellor Rachel Reeves set out proposals designed to kickstart investment into the economy. In a speech in Oxfordshire, Reeves looked to reset the government’s economic agenda in a speech which committed to [...]
‘Deregulation is essential’: Starmer vows to slash red tape in bid for growth January 29, 2025 Keir Starmer vowed to deregulate Britain and cut through “thickets of red tape” today as he tried to reboot his government’s handling of the economy following months of anaemic growth and criticism from business. In an article for the Times, the Prime Minister wrote “deregulation is essential” and warned investors were shunning the UK due [...]