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 [...]
Grow, baby, grow… but will Labour’s growth agenda be enough? January 29, 2025 City AM’s politics reporter, Jessica Frank-Keyes, unpacks the week in Westminster. Today, she tackles Labour’s growing promises. Picture a graph with the x axis stretching from 1800 to the present day. The data is represented as a fairly flat line along the bottom, up to about 1960. Then it bumps around at about a quarter [...]
Rachel Reeves vows to fight for economic growth January 28, 2025 The Chancellor will declare that “growth won’t come without a fight” as she unveils her plan to turnaround Britain’s ailing economy with billions of pounds of investment and new infrastructure projects. Reeves will pledge an £80bn boom to the economy from a new Oxford-Cambridge Growth Corridor in a move that comes after the pensions industry [...]
Prime Minister Keir Starmer claims the UK economy is ‘turning around’ January 28, 2025 Prime Minister Keir Starmer said the UK economy is “turning around” as the government attempts to turn the page on a bruising first six months in power. “The number one priority of this Labour government is growth: growth, growth, growth,” Starmer said in an interview with Bloomberg TV. “We have to get our economy working. [...]
FCA chief: City firms should get ready for a ‘different relationship’ with us January 28, 2025 City firms should expect a “different relationship” with the Financial Conduct Authority (FCA) and fewer “detailed rules”, as the watchdog rows in behind the government’s drive for growth, its chief executive Nikhil Rathi has said. In an interview with the Following the Rules podcast, the FCA boss warned the regulator was being forced to “rigorously” prioritise its [...]