Four interest rate hikes loom despite surprise economic growth Economics The Bank of England is expected to hike interest rates as many as four times within the next year, City figures have said, after the economy delivered surprise growth in July. The central bank is expected to be buoyed by this morning’s GDP figures, which saw the UK economy grow by 0.4 per cent in [...]
Tower of London curbs on skyscrapers ‘will cost City £1.2bn’ Property Plans to protect views of the Tower of London will cost the economy £1.2bn in lost economic output every year, the City of London Corporation has warned. Historic England, the government’s heritage watchdog, is battling to secure a “larger uninterrupted gap of clear sky” between the medieval prison and the cluster of skyscrapers on the [...]
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”. [...]
CBI: 200,000 more Brits to face unemployment this year as growth crumbles June 9, 2026 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 [...]
UK growth spurt ‘too good to be true’ April 16, 2026 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 [...]
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 [...]