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UK economic growth

  • Bank of England warns Burnham of UK economy’s ‘big issue’

    Economics

    The Bank of England has warned Andy Burnham that economic growth remains the “big issue” facing the UK economy as he prepares to take the keys to Number 10. Andrew Bailey, the central bank governor, told policymakers on Tuesday that the UK has had “low growth for the best part of 16 to 17 years”. [...]

    Bank of England Governor Andrew Bailey said the future of interest rates was "more uncertain".
  • CBI: 200,000 more Brits to face unemployment this year as growth crumbles

    Economics

    The UK economy is set for further pain in the months ahead, a top business group has warned, as consumers and businesses across the country suffer the effects of the Iran conflict, surging energy prices and a raft of government tax hikes. The Confederation of British Industry (CBI) has said that around 200,000 more Brits [...]

    People waiting outside a job centre, highlighting unemployment issues and job search challenges in the current economy.
  • UK growth spurt ‘too good to be true’

    Economics

    The UK economy’s growth spurt is “too good to be true”, analysts have warned, as economists said Rachel Reeves should intervene on the country’s energy policy. ING’s James Smith said the latest data showing a 0.5 per cent jump in growth was consistent with trends seen over recent years where the UK economy has fired [...]

    Businesses are now mildly confident about growth, according to a new survey.
  • Championing Inclusion in the City: A Conversation with Debbie Crosbie

    March 23, 2026

    Women’s History Month gives us a moment to celebrate the remarkable contributions women make across the City of London and reflect on the ways we are making to ensure the City is an inclusive and welcoming destination for the next generation of talent. The City’s strength has always come from its ability to attract people [...]

  • The Debate: Should MP salaries be linked to GDP?

    March 11, 2026

    As MPs receive an inflation-busting pay rise, we ask if it's time to better incentivise politicians by linking their salaries to growth.

  • UK economy held back by ‘rationing’ of energy, land and capital

    March 4, 2026

    The government must focus on “ending the rationing” of the UK’s energy, land and capital if it wants to reinvigorate the economy, according to a leading City analyst.  In a research note published this morning, Simon French, head of research at Panmure Liberum, argued that policies from successive governments had effectively created a rationing system [...]

  • Funding gap looms over Britain’s small businesses

    February 17, 2026

    Record numbers of Brits are starting businesses, but innovation and export activity among small and medium-sized enterprises have fallen to a four-year low, as a looming funding gap threatens growth. The latest State of Small Business Britain report from the European Research Council (ERC) found that 36 per cent of working-age adults are running or [...]

  • Public finance bodies need more clarity, says boss of Reeves’ wealth fund

    January 28, 2026

    The boss of Rachel Reeves’ flagship wealth fund has admitted British entrepreneurs want more clarity across public finance bodies as concerns rise over the growing number of institutions. Former RBS boss Oliver Holbourn, who the Chancellor appointed last July to lead the National Wealth Fund (NWF), said “people want more confidence in who they’re going [...]

  • FTSE 100 Live: Gold surges amid Trump tensions; JLR leads growth rebound

    January 15, 2026

    Good morning and welcome back to the City AM liveblog. Rachel Reeves’ report card for 2025 has received another dim review with fresh figures from the Office for National Statistics (ONS) showing growth came in at a sluggish 0.1 per cent in the three months to November 2025. This was led by a modest rebound [...]

  • UK startup growth clashes with Labour’s immigration reforms

    November 20, 2025

    More than half of Britain’s fastest-growing startups are founded by immigrants, as global talent continues to power the UK’s entrepreneurial engine even as ministers tighten migration rules. New analysis from the Entrepreneurs Network shows that 54 per cent of the UK’s top 100 fastest-growing companies have at least one foreign-born founder, a sharp rise from [...]

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