Sidelining Reeves now is a big gamble September 4, 2025 Keir Starmer's mini reshuffle has sidelined Rachel Reeves just as the markets need a show of faith, writes Helen Thomas.
Investors flee equity funds as valuation concerns grow September 4, 2025 Equity funds experienced their worst month of outflows since August 2022 in August, as investors shifted their cash into bonds. UK investors withdrew a staggering £1.3bn from equity funds, following a withdrawal of £1.13bn in July, according to data from funds group Calastone. Edward Glyn, head of global markets at Calastone said, “This summer, stock [...]
Rachel Reeves told UK economy is ‘stuck in first gear’ September 4, 2025 Chancellor Rachel Reeves has been warned by top industry bosses that the UK economy remains “stuck in first gear” as the British Chambers of Commerce (BCC) said growth would be slightly higher than expected this year. The BCC has revised its GDP growth estimate for 2025 up to 1.3 per cent from 1.1 per cent [...]
Peter Kyle sets out tech growth plan as UK AI sector hits £2.9bn September 3, 2025 Technology secretary Peter Kyle has pitched the UK as a “global magnet” for innovation in his keynote speech at Mansion House on Wednesday evening. His pledge comes as investment in British AI companies hit record levels last year. Figures released alongside his address confirm that private investment in UK AI firms reached £2.9bn in 2024, [...]
UK economy on ‘much stronger footing’ as growth hopes rise September 3, 2025 The UK economy is expected to accelerate as leading survey data for August showed the services sector on a “much stronger footing”, according to researchers. Chancellor Rachel Reeves has pledged to put “working people” at the heart of plans for the Autumn Budget, which has been announced for 26 November. Businesses will be hoping expected [...]
Autumn Budget set for 26 November as Reeves claims economy ‘not working well’ September 3, 2025 The Autumn Budget will be on 26 November, the Treasury has confirmed, with Chancellor Rachel Reeves admitting the UK economy was “not working well enough” for Britons. The confirmation now sets the Office for Budget Responsibility (OBR)’s preparations for its fiscal report in motion as it has ten weeks to draw conclusions on the health [...]
London’s bullion market set to trial digital gold September 3, 2025 London’s physical gold market is on the verge of a major shake up, as the World Gold Council seeks to launch a digital form of the precious metal. The move would transform the capital’s $900bn (£672bn) market, creating the ability to trade, settle, and collateralise bullion digitally around the gold ecosystem for the first time. [...]
Hospitality bosses join Tories in opposition to Labour government September 3, 2025 Hospitality bosses have joined the Conservatives in condemning the Labour government for introducing higher taxes on businesses, rolling out red tape on employment and excluding the sector from growth strategies. Managers at pubs, restaurants and hotels across the UK have warned that the government’s taxes and regulations risk devastating the important sector. Now the Conservatives [...]
Thames Water: Creditors set out rescue plan with £20.5bn investment September 3, 2025 A consortium of Thames Water creditors have laid out plans for how a £20.5bn investment would “fix the foundations” of the UK’s biggest water supplier. The group of 15 investors, known as the London & Valley Water consortium, are set to focus on improving the firm’s record on pollution and sewage leaks – with an [...]
Reeves can’t tax Britain out of the gloom September 3, 2025 With growth stalling, inflation rising, and fiscal headroom gone, Chancellor Reeves must resist the urge to raise taxes and instead make government leaner, smarter and more efficient to keep the economy from sliding into darkness, says Brandon Lewis Winter in the UK is a normally sunless affair. The one we’re headed for will be gloomy [...]