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Labour

  • 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 [...]

  • 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 [...]

  • UK property tax burden is fourth heaviest in OECD

    December 9, 2025

    The UK’s property tax burden is the fourth heaviest in the OECD’s list of 38 countries and it is more than double the average across the list of advanced economies.  In a report on government revenue levels across most of the world’s largest economies, the OECD said the UK’s taxes on property as a percentage [...]

  • Reeves denies authorising Budget leaks

    December 9, 2025

    Chancellor Rachel Reeves has rejected accusations that she authorised leaks of the Budget to media outlets in the run-up to her statement, which led to sharp turns in bond markets and worsening business confidence.  During Treasury Questions on Tuesday afternoon, Reeves was asked by her counterpart Mel Stride whether she authorised or allowed confidential details [...]

  • Budget chaos takes toll on October growth as ‘prospects remain poor’

    December 9, 2025

    The UK economy is expected to have grown by just 0.1 per cent in October as firms grappled with Budget speculation and uncertainty, analysts have said.  A Bloomberg poll of City economists predicted the Office for National Statistics (ONS) will pencil in next to no growth for the month.  The expected slowdown is set to [...]

  • FCA to allow firms to ‘eradicate jargon’ for retail investors

    December 8, 2025

    The Financial Conduct Authority (FCA) is rolling out a heap of new measures to “move the dial on risk” among Britons as it bids to lead on the charge to boost retail investment, including through allowing them to remove legal jargon that confuses consumers.  In a suite of consultations unveiled on Monday, the City regulator [...]

  • Employment Rights Bill: Workers to get pro-union pamphlets

    December 8, 2025

    Employers will be mandated to tell workers about the option of joining trade unions under new rules coming into force with the Employment Rights Bill.  In one of several changes to workers’ rights to be made, bosses will have to inform new hires about what unions do and how they can join one.  The change, backed [...]

  • Labour’s biggest union backer eyes party split

    December 7, 2025

    Labour’s biggest union backer is considering a significant vote to split from the party in another blow to Starmer’s leadership. Senior officials at the UK’s largest trade union Unite are in talks about whether to call an emergency conference to vote on formal disaffiliation from the Labour party, according to reports from The Telegraph. Sources [...]

  • Recruiters suffer from sharp slowdown in permanent hiring

    December 7, 2025

    Recruiters suffered a sharp slowdown in setting up permanent placements for job seekers in 2024, with an industry group suggesting the number of positions had fallen by more than a third compared to 2023.  The Recruitment and Employment Confederation (REC) said the UK economy’s lacklustre performance in recent years had hit businesses seen as essential [...]

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