Food inflation set to surge next year as Iran war ramps up supply costs Retail Food inflation could top six per cent next year as rising fuel prices triggered by the war in Iran ramp up supply chain costs, a top food industry body has warned. The Food and Drink Federation (FDF), which represents the UK’s food manufacturers, has urged the government to help the industry keep its costs down, [...]
Healey wants to focus on the future but business is haunted by past mistakes Business John Healey has a reassuring voice. If he revealed dry rot in your house or rang to tell you of suspicious activity on your account, you’d feel oddly calm about it. He’s not a gifted public speaker, but there is an ease and a glimmer of warmth that stands in stark contrast to the earnest [...]
‘Social value’ procurement rules are an absurd waste of time and money Economics Procurement is not a sexy topic, but stay with me here. The public sector spends around £400bn a year buying goods and services from the private sector. You can imagine the scale: NHS equipment and Ministry of Defence gear, police cars and IT infrastructure, immigration processing centres, security guards, construction projects and fax machines. It’s [...]
Food manufacturers mutinous over ‘unworkable’ healthy food red tape May 11, 2026 The government is facing growing pressure to ditch new healthy food red tape which manufacturers and retailers warn is “unworkable” and could see fruit yoghurts and breakfast cereals classed as unhealthy. Labour plans to impose new standards on which foods count as healthy but City AM understands that several food manufacturers with billion-pound revenues fear [...]
Tories pledge to slash tax and red tape in ‘alternative King’s Speech’ May 10, 2026 The Tories have set out their vision for the UK economy, pledging to slash taxes and red tape to “back innovation, entrepreneurship and growth”. Kemi Badenoch’s party has said it would slash welfare spending, scrap business rates for high street business and repeal Labour’s workers’ rights reforms. The Conservatives have published their “alternative King’s Speech,” [...]
King’s Speech to unleash wave of City reforms April 26, 2026 A host of City of London reforms will be set in stone at next month’s King’s Speech, as the Prime Minister hopes to use the moment to turn a corner from doubts over his leadership. Impending reforms, including scrapping the payments watchdog and overhauling the financial ombudsman, are set to be legislated in the financial [...]
‘What do they have to hide?’ Ministers must not scrap regulatory watchdog March 16, 2026 The Regulatory Policy Committee keeps a close eye on government red tape, and scrapping it would be a serious mistake – says Andrew Griffith. Red tape is strangling British business. A survey just out from the Federation of Small Businesses has found small firms and entrepreneurs collectively spend 379 million hours a year complying with [...]
Small businesses ‘lose 379m hours a year’ on red tape March 16, 2026 Small businesses lose around 379m hours a year and spend around £36bn a year on dealing with red tape, new research has indicated, piling pressure on the Labour government to fast-track its deregulatory drive. Business secretary Peter Kyle has emphasised that the government remains committed to reducing the regulatory burden on businesses by up to [...]
We have created the worst possible system of government February 18, 2026 Keir Starmer does not appear to have many original thoughts (aides say he doesn’t read books while the PM himself told a baffled journalist that he doesn’t have dreams) so it’s no surprise that one of the few interesting things he’s ever said was in fact first uttered by one of his predecessors. Boris Johnson [...]
Ministers to change UK merger rules in bid to speed up deals January 18, 2026 Whitehall is preparing a fundamental reset of the UK’s merger control regime, as ministers seek to accelerate deal-making and strip back some red tape for businesses. The Department for Business and Trade is expected to outline plans this week that would significantly change how the Competition and Markets Authority (CMA) reviews takeovers and sector-wide competition [...]