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UK economy

  • Graduate crisis proves British universities are no longer fit for purpose

    January 28, 2026

    It's time to accept that a substantial proportion of British universities are simply not fit for purpose, writes Paul Ormerod.

  • Starmer is wrong to say he doesn’t have to choose between the US and China

    January 28, 2026

    Is Keir Starmer a geopolitical genius? As he jets off to China for the first visit by a UK Prime Minister since 2018, we must at least consider the possibility that he is. Ahead of his departure Starmer said “I’m often invited to simply choose between countries [but] I don’t do that.” The countries in [...]

  • Fintech growth sparks London hiring spree

    January 28, 2026

    Fintech firms drove a hefty increase in hiring in the financial sector last year, a new report from City recruiter Morgan McKinley shows.  Across the financial sector, the number of listed vacancies rose 13 per cent compared to the previous year despite continued inflationary pressures and lingering economic uncertainty.  Fintech hiring surged 29 per cent [...]

  • 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 [...]

  • Ask the expert: Should I pay into an ISA, pension or overpay my mortgage?

    January 28, 2026

    Fidelity personal finance specialist Marianna Hunt helps a saver decide where to place their capital as interest rates fall. Q: In light of current interest rate expectations, is it better to pay down my mortgage, pay into my pension or invest in an ISA? I have a £350,000 property with a £200,000 mortgage at 4 [...]

  • Old hands vs new kids on the block: Investment platforms battle for customers 

    January 28, 2026

    Last year marked a significant change in attitudes towards retail investing in the UK, after the Treasury made tearing consumers away from the safety of their cash savings a firm ambition. In the government’s bid to revitalise London’s flagship index, Rachel Reeves slashed the cash ISA allowance from £20,000 to £12,000, introduced a three year [...]

  • £300m tax relief for pubs ‘a sticking plaster’

    January 27, 2026

    Chancellor Rachel Reeves has unveiled a £300m package to support to pubs in their battle against rocketing business rates after widespread backlash to Budget announcements, representing yet another government U-turn on tax plans. The Treasury has announced it will give pubs and music venues a 15 per cent discount on business rates bills from April [...]

  • Nearly 600 jobs to go as Revolution Bars rescue deal shuts over 20 sites

    January 27, 2026

    Nearly 600 jobs are set to be wiped out after a last-minute rescue deal to acquire the group behind Revolution Bars will see more than 20 sites closed with immediate effect. Administrators for Revel Collective, the AIM-listed hospitality group which also owns the Peach pubs chain, said two separate deals had been reached to sell [...]

  • Optimism picking up after ‘disruptive’ Budget, says Paragon chief

    January 27, 2026

    Optimism in the UK is beginning to pick up, the boss of FTSE 250 lender Paragon has said, after sentiment was dampened by rampant tax speculation in the second half of 2025. Nigel Terrington, the boss of Paragon bank, told City AM that despite it being the early days of 2026, the mood was beginning [...]

  • Starmer under fire over China trip amid phone-hacking revelations

    January 27, 2026

    Keir Starmer is under fire over his a trade-focused trip to China this week as further reports of espionage emerged.  Chinese officials are believed to have hacked the phones of key government officials, according to The Telegraph.  Hackers targeted top aides to UK prime ministers including Boris Johnson, Liz Truss and Rishi Sunak, intelligence sources [...]

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