Bank of England warns Burnham of UK economy’s ‘big issue’ July 14, 2026 The Bank of England has warned Andy Burnham that economic growth remains the “big issue” facing the UK economy as he prepares to take the keys to Number 10. Andrew Bailey, the central bank governor, told policymakers on Tuesday that the UK has had “low growth for the best part of 16 to 17 years”. [...]
UK inks trade deal with Switzerland – despite shouting match July 13, 2026 The UK and Switzerland have inked a new free trade deal that ministers say will boost Britain’s services economy by some £5.2bn a year – despite talks breaking down just weeks ago to such an extent that both parties were “shouting at each other”. The agreement is the largest the UK has negotiated since it [...]
‘Brutal onslaught’: Brewery McMullen’s takes aim at Reeves’ tax hikes after pub sell-off July 13, 2026 One of the UK’s biggest family-owned brewers has taken aim at Chancellor Rachel Reeves’ tax hikes after it sold off more than a quarter of its pub estate. Hertfordshire-based McMullen’s, which owned over 100 pubs before offloading 30 of them in January, has warned it is likely to struggle to stay profitable in the years [...]
Andy Burnham is utterly delusional July 13, 2026 Andy Burnham has pledged to “value and respect” every member of the PLP and to favour consensus building over point scoring. We’ll see how long that attitude lasts once he faces his first backbench rebellion, says Eliot Wilson Andy Burnham’s premiership is only a week away. By Friday last week, he had received the backing [...]
The devastating prognosis for the UK’s public finances July 11, 2026 While much of the media obsesses over Nigel Farage’s fight with a man dressed as a bin, I have something more sobering to discuss as we kick off the weekend. The Office for Budget Responsibility’s report into fiscal risks and sustainability, published this week, is comfortably the most alarming yet. This is an annual review [...]
Burnham’s cheerfulness could turn the economy around July 9, 2026 Confidence is an elusive but essential determinant of the course of the economy ignored by Reeves' doomsterism. Burnham could change that.
‘Moment of jeopardy’: City leaders issue rallying cry to safeguard London’s future as top financial hub July 9, 2026 London stands at a “moment of jeopardy”, top business leaders have warned, as they issued a rallying cry to secure the Square Mile’s future as a top global financial hub. The City bigwigs, including Soc Gen UK chief executive Thierry d’Argent, London Metal Exchange boss Matthew Chamberlain and former City minister Bim Afolami, have called [...]
Voters expect Burnham to hike taxes July 8, 2026 Taxes will rise to even higher levels under Andy Burnham’s government as the likely-incoming Prime Minister ramps up spending on council housing and public services, voters have predicted. City AM/Freshwater polling has shown that more than half of voters expect taxes to increase under Burnham’s government regardless of which Labour figure takes over from Rachel [...]
Burnham’s encounter with political and economic reality will be brutal when it comes July 7, 2026 This is turning out to be a very strange summer indeed, and I’m not referring to the football. This week, a Prime Minister with no power will attend the NATO summit in Ankara and next week, a Chancellor with just days left in the job will tell a City crowd at the Mansion House banquet [...]
Brits say Burnham should call an election July 7, 2026 Sir Keir Starmer is set to leave Downing Street on 20 July and a majority of Brits believe Andy Burnham should call a snap election when he takes over. Nearly two thirds of voters (65 per cent) believe a new Prime Minister should call an immediate general election as opposed to 29 per cent who [...]