UK fintechs send rallying cry as industry slips in global ranking September 25, 2025 UK fintech leaders have sent a rallying call to policymakers after the sector slipped in global rankings. A host of industry bigwigs have told City AM the government must be bolder in growth-orientated reforms to bolster the sector’s standing against rivals. It comes after Z/Yen’s 38th Global Financial Centres Index showed the UK’s fintech sector [...]
UK economy contracts 0.1 per cent in blow to Rachel Reeves July 11, 2025 Rachel Reeves’ waning growth agenda has been dealt another blow after the UK economy contracted 0.1 per cent in May. The Chancellor has endured a bruising few weeks after government U-turns and spending splurges have cut into the fiscal headroom she outlined in the Autumn. Fresh figures from the Office for National Statistics have confirmed [...]
City watchdog takes on advice gap to unlock growth June 30, 2025 The Financial Conduct Authority (FCA) has launched a new form of financial help dubbed ‘targeted support’ in a bid to encourage greater consumer participation in financial markets and unlock more investment-led growth. The City regulator will target consumers with common financial characteristics, such as unsustainable pension drawdown, inadequate retirement savings and excess cash not being [...]
Britain’s biggest growth threat is giving into doomsterism June 4, 2025 As the Spending Review looms over Westminster, Britain must not just lie down and accept decline, writes Simon Clarke.
The £582m plan to create new UK economic powerhouse May 21, 2025 Plans to create a new economic growth zone in the West Midlands which is tipped to provide a £582m boost to the UK have been revealed. Land on the Wolverhampton/South Staffordshire border has been earmarked for ‘The Central Edge’ project while 14,700 jobs could be created. According to project leaders, the scheme would include 16.4 [...]
Entrepreneurs! We need YOU to back Britain May 13, 2025 Governments don’t create growth, businesses do – and it’s time for Britain’s business leaders to move beyond the negativity and back this great country, says John Caudwell I’ve always believed in Britain. Through the ups and the downs – from the boom years and the Brexit battles to the huge challenges presented by the Covid [...]
Rate setter calls for market digitalisation and touts Bank of England’s flexibility April 29, 2025 Bank of England rate setter Dave Ramsden has called for bold action on digitalisation in a rebuke of concerns that the Bank’s prescriptive rules were stifling innovation. Speaking at the Innovate Finance Global Summit on Tuesday, the central bank Deputy Governor said widespread innovation in wholesale financial markets from authorities and industry would boost the [...]
Colliers label business rates bill ‘poorly thought out’ and ‘growth strangling’ March 24, 2025 Commercial real estate agents Colliers has said the Government’s business rates bill will strangle growth rather than succeeding in saving the high street. The Non-Domestic Rates Bill is currently on its third reading in the House of Lords before being sent back to the Commons. “The Government is rushing through Parliament new business rates legislation [...]
CBI downgrades forecast for UK economy after Budget December 6, 2024 The UK economy is set for slower than expected and “unimpressive” growth in 2025 thanks partly to punitive measures introduced in October’s Budget, a leading business group has predicted. The Confederation of British Industry (CBI) now expects Britain’s economy to grow by just 1.5 per cent next year, it said in its latest economic forecast, [...]
Will Keir Starmer meet his pledge to improve living standards? December 5, 2024 Before the General Election Labour was proudly proclaiming its commitment to generating economic growth. The first ‘mission’ in the party’s manifesto was to secure the highest sustained growth rate in the G7. After Keir Starmer’s speech earlier today, that mission has been downgraded to an ‘aim’. The new pledge, heavily trailed before the speech, is [...]