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Private sector

  • Business leaders, I beseech you, join the government and steer the ship of state

    Opinion

    Business leaders embody the antithesis of what the government machine has become, which is why it needs them, writes Ameer Kotecha.

    Houses of Parliament in Westminster showcasing historic architecture under a clear sky, central to UK government and politics
  • Private sector to decline but City to buck trend

    Economics

    Activity in the private sector is forecast to decline over the next three months but firms across business and professional services are set to enjoy their best quarter since 2024, the UK’s leading industry group has said.  The Confederation of British Industry (CBI) has found that most firms expect activity to fall in the next [...]

    Bank of England building exterior with iconic architecture, highlighting economic influence and financial stability in the UK
  • Private sector axes more jobs amid Reeves’ tax and wage pressures

    Economics

    The UK’s private sectors culled jobs for the seventeenth consecutive month in February led by a significant drop in the services sector as businesses were still digesting the impact of Labour’s 2024 Autumn Budget. The latest flash Purchasing Managers Index (PMI) from S&P Global described the rate of job shedding in February as at a [...]

    Keanu Reeves at a press conference with journalists, wearing a tailored suit and engaging with the media in a professional...
  • UK AI plans fall short without backing home firms, warns UKAI

    February 11, 2026

    The UK’s ‘sovereign AI’ push risks becoming a missed opportunity unless government policy does more to back UK businesses at home, according to the head of Britain’s AI trade body. Speaking after a parliamentary roundtable in the House of Lords, Tim Flagg, UKAI boss, said the debate around sovereign AI should focus on growth and [...]

  • Private sector bounces back but Reeves leaves hospitality reeling

    January 23, 2026

    The UK’s private sector expanded at the fastest rate in nearly two years in the first month of 2026 but the reeling hospitality sector was still feeling the crunch from Labour policy. The latest Flash Purchasing Managers Index (PMI) from S&P Global showed a major uptick in the all-important services sector, which is often seen [...]

  • Private sector slump to drag on to Spring 2026, businesses say

    December 22, 2025

    UK business leaders have warned that the sharp downturn in the private sector is likely to continue until Spring 2026, after firms put plans for future investment on ice in the run-up to the Labour government’s Autumn Budget. The Confederation of British Industry (CBI) anticipates private sector output to fall in the fourth quarter after [...]

  • Public sector jobs and pay increase while private sector struggles

    December 16, 2025

    Public sector employment jumped in September while the number of workers in the private sector fell, official statistics have shown.  Employment in the public sector increased by 7,000 in the three months to September 2025 as total employment reached 6.2m.  The Office for National Statistics (ONS) said employment in central government hit a record high [...]

  • Businesses left ‘in limbo’ during Budget speculation as bosses feel bruised

    December 2, 2025

    The UK’s private sector was left in a state of “limbo” amid months of Budget speculation leading to delayed investment plans, a leading survey has found, underscoring claims that the government misled the public and businesses over tax rises and fiscal constraints.  The Confederation of British Industry (CBI)’s monthly private sector survey has revealed how [...]

  • Public sector pay outpaces private amid Budget pressures 

    October 14, 2025

    Public sector pay has outstripped private sector pay on an annual basis, according to new official data, with the added pressures on public finances set to force Chancellor Rachel Reeves to hike taxes at the Budget.  The Office for National Statistics (ONS) said annual average regular earnings growth was 4.4 per cent for the private [...]

  • Labour’s mixed messages ‘confuses’ UK government procurement

    September 24, 2025

    The UK government’s £400bn procurement budget used to deliver on key policies and projects has been squandered due to Labour’s mixed messaging on its priorities, a new report exclusively shared with City AM has suggested.  The state spends billions of pounds a day for public services, with everything from IT software to fighter jets and [...]

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