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Rachel Reeves

  • UK economy set for second lowest growth in G7 – OECD

    March 26, 2026

    The UK economy is set to suffer the second lowest growth and second highest level of inflation in the G7, the OECD has predicted, in a damning set of forecast revisions for the Labour government and the Bank of England.  Growth in the UK will slow to around 0.7 per cent, according to the OECD, [...]

  • London and New York in tight race to be world’s top financial hub

    March 26, 2026

    London and New York are locked in a tight-race in the fight to become the world’s most dominant financial hub. The latest Global Financial Centre’s Index from Z/Yen showed both cities retained their respective spots in new rankings, with each of their scores inching up by a singular point. New York topped the list at [...]

  • FTSE 100 Live: OECD slashes UK growth prospects as inflation set to jump

    March 26, 2026

    Good morning and welcome back to the City AM liveblog. The White House’s Press Secretary has said the US is “very close” to meeting its objectives in the Iran war, though offered no specific timeline on when the conflict could come to a close. But Iran’s foreign minister has said the country has “no intention [...]

  • Being an MP is a miserable job – but why must they inflict it on the rest of us?

    March 26, 2026

    With all the stress that comes with their own job, you'd think MPs would have more empathy for the rest of us, writes Emma Revell.

  • Peter Kyle hints at push for EU customs union return

    March 25, 2026

    Business and trade secretary Peter Kyle suggested joining the EU’s customs union could improve the UK’s economic prospects, with new data suggesting that trade flows in London boomed last year.  After being asked twice whether war in the Middle East provided a stronger case for the UK to join the customs union, Kyle refused to [...]

  • James Reed: V-levels are Labour’s best idea yet

    March 25, 2026

    Middle-class prejudice towards vocational paths has held the UK back. I welcome Labour's V-level push, writes James Reed.

  • Price growth set to almost double yet interest rate hike uncertain

    March 25, 2026

    Price growth could jump to as high as five per cent within months, economists have said, leaving the outlook for interest rates more uncertain.  Top City economists said they expected inflation to rise to nearly double the rate seen just before war in the Middle East broke out, leaving the Bank of England with a [...]

  • Iran mocks Trump’s peace talks as oil price takes sharp drop

    March 25, 2026

    The Iranian regime has mocked claims from Donald Trump that talks to end the war were progressing as markets struggle to digest a mixed bag of messages. Tehran downplayed expectations of any immediate ceasefire, following emerging reports that the US had offered a 15-point ceasefire plan. The President said the US was in “productive” talks [...]

  • FTSE 100 Live: Stocks soar as Trump claims ‘victory’ in Iran; Economists clash on inflation

    March 25, 2026

    Welcome back to the City AM liveblog. Fresh figures this morning revealed inflation rose three per cent in the year to February 2026, unchanged from the 12 months to January 2026. Grant Fitzner said: “The largest upwards driver was the price of clothing, which rose this month but fell a year ago. “This was offset [...]

  • If Reeves wants Britain to lead in AI, she must offer tax incentives

    March 25, 2026

    The government is aware of the levers it’s able to pull to compete on AI: planning, electricity connections, visas, higher education policy, direct subsidies. But where’s tax? Asks Tim Sarson A couple of weeks ago one of those mini news stories came along, the sort that is so neatly zeitgeisty that it demands further consideration. [...]

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