UK economy: Does Labour’s economic hotchpotchism matter? January 21, 2025 Although gilt jitters have eased, the embattled Chancellor now faces a new and far more serious criticism.
Biden’s failure is a warning to Labour January 21, 2025 Rachel Reeves has said her economic proposals are inspired by Bidenomics, but even though America’s economy is prospering regular voters hated how Biden got them there – and that should worry Labour, says Will Cooling Yesterday brought to an end Joe Biden’s long goodbye from public life. A man who once convened private meetings with [...]
Davos: Reeves to meet Trump allies in search for UK growth January 20, 2025 Rachel Reeves is expected to meet Donald Trump’s allies at Davos in a bid to talk up the UK’s growth prospects. The Chancellor is set to attend the World Economic Forum in Switzerland in the days following the US President’s inauguration and in the wake of turmoil in the UK bond markets. It follows a [...]
Rachel Reeves’ tax hikes pose ‘major threat’ to UK labour market resilience January 20, 2025 The government's tax hike pose a "major threat" to the health of the labour market, a leading economist has warned.
UK economy: Only three sectors report growth as Reeves’ woes deepen January 20, 2025 The number of sectors seeing higher output in December was at its lowest level since September 2023.
Starmer’s value for money office might be a waste of money, MPs warn January 20, 2025 Keir Starmer’s new value for money office might be a waste of money, an influential group of MPs have warned in a sceptical report. The newly-established Office for Value for Money (OVfM), which Labour pledged to set up ahead of the election, is supposed to improve government competitiveness and crackdown on waste. But concerns have [...]
Labour’s appeal to regulators is about blame-shifting, not growth January 20, 2025 Labour has appealed to the regulators for ideas to boost the economy, but Britain can’t regulate its way to growth, writes Eliot Wilson After six months of a Labour government, it would be hard to argue the economy is healthy. The economy flatlined in July, August and September, the hike in employers’ National Insurance contributions [...]
IMF upgrades UK growth outlook after sluggish year January 17, 2025 UK economic growth is set to accelerate this year after it missed forecasts in 2024, the International Monetary Fund (IMF) has said. The global economic body slightly upgraded its growth projection for the UK in a fresh update of its influential World Economic Outlook report. The IMF said UK gross domestic product (GDP) is on [...]
Rachel Reeves’s trip to China and Tulip Siddiq’s resignation | What’s the Context? January 17, 2025 City AM's Opinions and Features Editor Alys Denby shares her thoughts on Rachel Reeves's trip to China and TuliIp Sidiq's resignation.
FCA looks to ease consumer duty burden as Reeves pushes regulators for growth January 17, 2025 The Financial Conduct Authority (FCA) will look to ease the burden of complying with its stringent consumer duty rules as part of a push to cut red tape in the City and unlock growth. In a letter to the Chancellor Rachel Reeves this week, FCA boss Nikhil Rathi said the regulator would drop a requirement [...]