‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Chess-playing Reeves is in a political zugzwang over welfare June 26, 2025 A looming rebellion on welfare reforms is casting doubt on Rachel Reeves’ ability to meet her fiscal rules, says Helen Thomas As we approach the first anniversary of the first Labour government in 14 years, we also approach its first significant rebellion. According to the analysis of our team at BlondeMoney, next week’s vote on [...]
City sends an SOS to fix London markets ‘before it’s too late’ June 26, 2025 Fears over the health of the City’s stock market have been laid bare after trading platform IG became the latest firm to sound the alarm over the “crisis unfolding” on the London bourse. The FTSE 250 firm has launched a “Save our Stock market” initiative – aptly dubbed the SOS campaign – which serves as [...]
What does Labour’s industrial strategy really mean for UK tech? June 25, 2025 After years of drift, Whitehall has finally made a plan. Labour’s long-trailed Industrial Strategy landed on Monday – a 10 year blueprint that promises to stitch a broken economic model back together with the help of strategic intervention. For the tech sector, it’s an ambitious document. But many in the industry have said it’s also [...]
Contradiction at the heart of National Security Strategy June 25, 2025 The situation in the Middle East reminds us that these are volatile times and as the war in Ukraine grinds on, an unpredictable US President heads to the Hague for a crucial Nato summit where the security of Europe is on the table. At home, the government has published its National Security Strategy which concludes [...]
Graduate jobs at ‘weakest level since 2018’ as Reeves’ taxes rattle firms June 25, 2025 Graduate jobs are now at their “weakest level since at least 2018”, fresh data has suggested, as Chancellor Reeves’ tax hikes on employers have made bosses avoid hiring junior workers. The UK government has made job creation a crucial part of its efforts to grow the economy and improve living standards for Brits after years [...]
Industrial strategy shows Labour has a long-term plan for growth June 25, 2025 One year into office, the Labour government faces a challenging economic landscape, but its new industrial strategy signals a serious, long-term commitment to addressing the UK’s productivity issues and unlocking economic growth through stronger partnerships with the private sector, says Claire Ainsley Next week will be one year of the Labour government, and it just [...]
Borders watchdog casts doubt on Labour pledge to end asylum hotels June 24, 2025 The Labour government’s pledge to end the use of hotels for asylum seekers by 2030 has been dismissed as unachievable by the UK’s borders watchdog. Chancellor Rachel Reeves reiterated at the Spending Review nearly a fortnight ago that the government’s commitment to end asylum hotels would save the government £1bn a year. But David Bolt, [...]
Scrapping al fresco dining in Northcote Rd proves Labour hates fun June 24, 2025 Labour-run Wandsworth council has scrapped a popular pedestrianisation scheme, and Conservatives are fighting back.
Higher tax ‘inevitable’ as PM makes defence spending pledge June 24, 2025 Keir Starmer’s fresh commitment to ramp up defence spending to five per cent as a share of GDP by 2035 will almost certainly have to be funded by more tax hikes, the Institute for Fiscal Studies (IFS)’ Paul Johnson has warned. The government’s pledge to spend 3.5 per cent of GDP on defence and a [...]
UK cement sector ‘at risk of cracking’ despite industrial strategy June 23, 2025 Production in the UK cement sector is rapidly declining, according to industry leaders, despite government efforts to slash high electricity prices as part of its industrial strategy published on Monday. Prime Minister Keir Starmer appealed to thousands of manufacturers across the country with plans to reduce energy bills by 25 per cent from 2027 after [...]