Public spending fuelled growth spurt ‘no cause for celebration’ December 12, 2025 Labour’s “spend now, tax later” approach to fiscal policy will drive higher growth than previously expected, an industry group has said, but will leave UK public finances in a “vulnerable” position. The Confederation of British Industry (CBI) upgraded its growth forecast for next year from 1 per cent to 1.3 per cent, with an extra [...]
Lib Dems and Tories erupt in row over Employment Rights Bill December 11, 2025 The Liberal Democrats and the Tories have clashed over a late evening vote on the Employment Rights Bill that saw LibDem peers fall in behind the Labour government. Tory business speaker Andrew Griffith accused the Liberal Democrats of voting with Labour in the House of Lords on Wednesday night on the basis that the party [...]
2025: It’s been one hell of a year for UK business December 11, 2025 From political drama to market volatility, cyber attacks, takeovers and trade wars – 2025 has not been plain sailing. January: motor finance and angry farmers We began the year reporting on the exodus from the London stock exchange noting that 2024 had been the quietest year on record for new listings and we suggested that [...]
UK exports forecast downgraded as Labour fails to kickstart trade December 11, 2025 British export growth will fall by almost half next year, a business forecaster has said, with Labour’s string of deals failing to improve hopes of a revival in international trade. The Labour government has made trade a key lever to boost growth prospects, using new deals with the likes of the EU and India to [...]
Rachel Reeves’ Budget was ‘monumentally mishandled,’ says London-listed bank December 11, 2025 A London-listed bank has given its scathing assessment of Rachel Reeves’ second Autumn Budget and warned of the impact it will have on consumer confidence. S&U – which was founded in 1938 and once known as Sports and Utilities – said the performance of its motor finance and property financing arms was “remarkably resilient given [...]
Sadiq Khan has derailed Labour’s nationalisation plans December 11, 2025 How is Keir Starmer’s plan to renationalise Britain’s railways going? Badly, if events in London are anything to go by. Yesterday we learned that Transport for London has awarded a £3bn, 10-year contract to First Group to operate the London Overground when the current contract with Arriva expires next year. That’s in direct conflict with [...]
Labour rail pledge in doubt after £3bn private contract to run London Overground December 11, 2025 London Mayor Said Khan has caused a row within the Labour party after First Group was awarded a £3bn deal to operate the London Overground, a move which seemingly flies in the face of Labour’s manifesto commitment to bring railways back into public ownership. On Tuesday the London-listed transport group revealed that it would begin [...]
Rachel Reeves: Leak to the FT was inaccurate December 10, 2025 Chancellor Rachel Reeves slammed briefings provided to media outlets in the lead-up to the Budget as she referred to a specific Financial Times news report which had “partial and inaccurate” information. In a Treasury Select Committee hearing on Wednesday morning, the Chancellor hit out at leaks in the months leading up to the Budget, adding [...]
David Cameron sounds alarm over British brain drain December 10, 2025 Former Prime Minister Lord David Cameron has expressed concern about the exodus of British entrepreneurs and talent, warning that the UK government needs to set aside ‘other goals’ and prioritise business growth. Speaking at Abu Dhabi Finance Week, Lord Cameron acknowledged British talent leaving for places such as the United Arab Emirates (UAE), stating: “I [...]
FTSE 100 Live: Reeves scrutinised, Fed interest rates decision, stocks suffer December 10, 2025 Good morning and welcome back to the City AM liveblog covering the FTSE 100 and other big market moves. Rachel Reeves is set for a showdown with MPs on the Treasury Select Committee later today while the Federal Reserve is expected to slash interest rates by 25 basis points by the evening. Reeves will begin [...]