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UK economy

  • Join City AM and guests for a LIVE broadcast on Budget Day

    November 21, 2025

    After months of speculation and mounting political drama, Rachel Reeves will deliver her second Budget at noon on Wednesday 26 November. City AM‘s team will bring you all the news throughout the day on our Live Blog via CityAM.com and the City AM App, along with a special livestream broadcast from the heart of the [...]

  • Fiscal uncertainty has become one of Britain’s biggest taxes

    November 21, 2025

    Britain's bi-annual tradition of holding a fiscal circus is paralysing investment and creating its own tax, writes Liam Byrne MP.

  • UK government borrowing overshoots in Budget blow

    November 21, 2025

    UK government borrowing exceeded expectations in October, with benefits and public sector wages intensifying pressures on the public purse ahead of Rachel Reeves’ Budget next Wednesday.  The Office for National Statistics showed that public sector net borrowing had reached £17.4bn in the last set of public finances data that government officials will see before Wednesday’s [...]

  • FTSE 100 Live: Asos shares tumble, retail sales drop, Babcock sinks

    November 21, 2025

    Good morning from the City AM liveblog team. With just days to go before the Budget, there is increasing investor nervousness about what surprises could be in-store for businesses. Few are expecting those surprises to be pleasant. Speaking to the paper yesterday, the boss of the world’s biggest platinum group metals recycler warned Rachel Reeves [...]

  • London’s largest sub-region: Why thinking locally could propel growth

    November 21, 2025

    Comprising nine London boroughs, Local London contributes £60bn to the economy annually, yet remains overlooked, writes Anthony Okereke.

  • Britain needs a Budget for tax certainty

    November 21, 2025  |  City Talk

    The upcoming Budget should move beyond specific tax adjustments to adopt a broader, more principled reform that aligns with the long-term Industrial Strategy and aims to create a more stable, predictable tax system, says Chris Sanger Much of the speculation surrounding the contents of the Chancellor’s red box on 26 November remains firmly fixed on [...]

  • Consumer confidence is ‘bleak’ ahead of Budget 

    November 21, 2025

    Consumer confidence has cratered ahead of the Budget according to a leading survey closely monitored by policymakers at the Treasury and Bank of England. The GfK consumer confidence barometer has shown the overall index falling to -19 in November, slightly lower than at the same time a year ago.  The survey of around 2,000 individuals [...]

  • UK founders slam Labour as “anti-business”

    November 20, 2025

    UK founders are increasingly losing confidence in Labour’s approach to businesses, as they brace for potential tax rises in the upcoming Autumn Budget. According to the latest survey from entrepreneur network Helm – whose members oversee more than £8bn in annual revenue – over 60 per cent of founders hailed the government as “anti-business” with [...]

  • High earners and entrepreneurs to get immigration rule carve-out

    November 20, 2025

    High earners and innovators are set to be handed softer rules on settled status despite an immigration crackdown led by home secretary Shabana Mahmood.  Under sweeping reforms to the legal migration system, Mahmood has revealed she is planning on only letting people arriving in the UK from 2021 to gain settled status, formally known as [...]

  • Lack of London office space a ‘major economic risk’, Reeves warned

    November 20, 2025

    London Property Alliance has called on Chancellor Rachel Reeves to recognise offices as essential economic infrastructure to boost the capital’s competitiveness. The organisation said that London faces planning barriers, rising costs and a shrinking supply of modern office space, with a 54 per cent drop in major planning applications over the past decade. “The Chancellor… [...]

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