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Reeves

  • Reeves and Miliband to call on G7 to follow UK’s energy lead

    Economics

    Rachel Reeves is set to call on fellow G7 nations to follow the UK’s lead in the transition to renewable and nuclear power as the unfolding energy crisis ripples through global economies. The Chancellor is expected to urge G7 partners to commit to long-term energy security as she meets fellow finance ministers, energy ministers and [...]

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

    Markets

    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 [...]

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  • The Capitalist: Reeves lecture, Shoreditch’s flashiest bar and sorry Steve Dinneen!

    Opinion

    Reeves's Mais Lecture, a flashy new toilet design and an apology to our life & style editor; catch up on the latest City shenanigans.

    Booths showcasing innovative business solutions at a bustling industry trade show, highlighting networking opportunities a...
  • ‘Panic mode’: FTSE 100 sinks as oil spikes on Iran’s energy threats

    March 18, 2026

    Markets were thrown into “panic mode” on Wednesday as the surging price of oil rattled global equities. The price of Brent crude – the international benchmark for oil – spiked as much as five per cent to $110 per barrel as energy facilities across the Gulf faced evacuation following the latest threats from Iran. The [...]

  • FTSE 100 Live: Stocks fall as oil rocks markets; Reeves struck by flat economy

    March 13, 2026

    Good morning and welcome back to the City AM liveblog. Fresh figures this morning have shown the UK economy was flat in the first month of the year. It marked a blow to the government’s growth agenda but this will likely be viewed as a small blow ahead of global economies being thrown into turmoil [...]

  • ‘Taxed to a standstill’ – UK economy grinds to a halt with no growth in January

    March 13, 2026

    The UK economy saw zero growth in the first month of the year – before global markets were rocked by the outbreak of war in the Middle East. Fresh figures from the Office for National Statistics (ONS) have handed a major blow to Rachel Reeves with the economy flat in January, compared to the 0.2 [...]

  • UK jobs market ‘facing sustained shocks’

    March 9, 2026

    The Labour government is facing a rallying cry to ease the cost burden on businesses to avoid derailing a recovery in the jobs market. The latest jobs report from KPMG and the REC, the professional body for recruiters, showed hiring for permanent roles reaching a stabilising point in February with the pace of declines the [...]

  • Services sector cuts jobs and hikes prices after Reeves’ tax raid

    March 4, 2026

    The UK’s services sector has turned to hiking prices and shedding workers in an effort to balance the books in the face of rising cost pressures from government policy. Businesses activity picked up for the tenth-consecutive month in February, according to the latest Purchasing Manager’s Index (PMI) from S&P, but came amid a “solid” amount [...]

  • Spring Statement Live: UK growth cut for 2026 but Reeves touts future forecasts

    March 3, 2026

    Welcome back to the City AM liveblog. Rachel Reeves delivered her Spring Statement today, as the Office for Budget Responsibility published its updated forecasts for the years ahead. The Chancellor was handed quite a hefty blow with the UK’s growth estimate for 2026 slashed to 1.1 per cent from 1.4 per cent the year prior. [...]

  • Reeves lands £30bn reprieve ahead of Spring Statement

    February 20, 2026

    Rachel Reeves has secured a record-breaking borrowing reprieve in fresh data that comes ahead of the Chancellor delivering her Spring Statement in March. The Treasury has been handed a surplus of £30.4bn in January, new figures from the Office for National Statistics (ONS) show, after a surge in tax receipts. The figure is £15.9bn higher [...]

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