AI powers UK’s startup surge as founder numbers soar December 3, 2025 While Britain is trudging through another tax-heavy Budget, LinkedIn data has revealed signs of a founder boom, with AI doing much of the heavy lifting. As Rachel Reeves attempted to boost startup and scale-up appetite in her Budget, LinkedIn revealed that the number of UK professionals adding ‘founder’ to their profile has jumped 69 per [...]
Here’s what should really bother Chancellor about the OBR December 3, 2025 An unprecedented row has broken out between the Chancellor and the OBR about short-term productivity forecasts, but what should really worry Reeves is the long-term projections for debt, says Paul Ormerod The row – no, the furore – between the Chancellor, Rachel Reeves, and the Office for Budget Responsibility (OBR) is unprecedented. The resignation of [...]
Labour’s war on pensioners punishes people for doing the right thing December 3, 2025 The government wants to mandate how pension funds should invest – a clear breech of fiduciary duty that puts people’s life savings at risk, says Helen Whately and Mark Garnier Labour is waging a war on savers. This should be a big story, but it’s been drowned out in the cacophony of the Budget unravelling. [...]
The public is running out of patience with this Labour government December 3, 2025 People believe freezing income tax thresholds was an unfair breech of Labour’s manifesto and think Kemi Badenoch would make a better Prime Minister, according to new polling for City AM, writes Matthew Lesh The heist looked, for a moment, as though it might succeed. The Treasury had seeded rumours of a looming fiscal black hole [...]
Labour is making it more expensive than ever to hire young workers December 3, 2025 Increases to the minimum wage alongside increases in employer NICs have pushed up the costs of employing an 18-year-old by 26 per cent. No wonder youth unemployment is soaring and young people are emigrating in droves, says Emma Revell To say most people are struggling with the state of the British economy would be an [...]
Starmer’s approval rating tanks to new low December 2, 2025 Keir Starmer’s approval rating has cratered to an unprecedented low as voters turned against the Prime Minister in the aftermath of the Budget. City AM/Freshwater Strategy polling has shown Starmer’s approval rating dropping to a score of -47, trailing well behind Tory leader Kemi Badenoch and Reform UK’s Nigel Farage. The figure is the lowest [...]
Natwest chief: UK ‘closer to start than finish line’ on regulation mission December 2, 2025 The government’s mission to overhaul regulation still has a long distance to go, the boss of Natwest has said, as he warned of “trade-offs” in the pursuit of cutting red tape. Paul Thwaite, the chief executive of Natwest, praised the government and the City watchdog in edging forward in its regulation mission, referencing recent changes [...]
Barclays boss: Revolut ‘laid gauntlet down’ with $75bn price tag December 2, 2025 The boss of Barclays has said traditional lenders could “learn” from the growing success of their challenger rivals after Revolut surpassed its valuation. CS Venkatkrishnan – known as Venkat – said fintech banks have “laid the gauntlet down,” when asked about Revolut’s new $75bn (£57bn) price tag. The latest milestone from the fintech juggernaut, which [...]
OBR chief hits out at ‘misconceptions’ in Treasury briefings December 2, 2025 A top economist at the Office for Budget Responsibility (OBR) has defended a decision to release a letter that contradicted anonymous Treasury briefings in media reports, adding that details in reports were “damaging” to the fiscal watchdog. David Miles, a member of the Budget Responsibility Committee (BRC), told MPs on the Treasury Select Committee that [...]
OECD: Labour is pushing UK inflation to second highest in G7 December 2, 2025 The UK is set to suffer the second highest level of inflation in the G7 over the next year as a result of the Labour government’s decisions to pile extra costs on businesses, the Organisation for Economic Co-operation and Development (OECD) has said as it also warned recent tax hikes will hit growth. In its [...]