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UK economy

  • Andy Haldane: Labour has ‘no nose for business’

    January 26, 2026

    The Labour government lacks anyone with a “nose for business”, Andy Haldane, the former chief economist of the Bank of England, has said in his latest critique against ministers’ quest for growth.  Haldane, whose criticism of Budget leaks last year added to pressure on Rachel Reeves, has taken aim at ministers leading Labour’s growth mission [...]

  • FTSE 100 Live: Gold surges past $5,000, S4 Capital shares rocket

    January 26, 2026

    Good morning from the City AM liveblog team. While brokers and stock exchange managers are hoping for an IPO comeback in 2026 after a four-year drought, some investors are less keen to see a flood of fresh companies hitting the market. Speaking at an Innovate Finance panel discussion chaired by City AM, James Codling, managing [...]

  • James Reed: Usual January job hunting surge delayed by WFH

    January 26, 2026

    The first Monday of the working year has long been the busiest day for job searches, but that's slowly changing, writes James Reed.

  • Ask the expert: We pay for our adult children to live at home. Will that result in an IHT liability?

    January 26, 2026

    Fidelity personal finance specialist, Marianna Hunt, is on hand to help parents who are concerned that letting their adult children live at home could lead to a large IHT bill. Q: Our adult children live in our house. We pay for all food, utilities, council tax etc, but don’t charge any rent. Is that an [...]

  • Institutional investors brace for IPO revival as general partners eye listings

    January 26, 2026

    Global institutional investors are anticipating an uptick in IPO activity in 2026, as more general partners prepare to enter the stock market. Almost eight in ten limited partners (LPs), investors in a partnership who contribute capital but do not manage operations, reported that their general partners (GPs), individuals who manage investments, were preparing portfolio companies [...]

  • Labour erupts into civil war after Starmer allies block Burnham’s by-election bid

    January 25, 2026

    The Labour party was thrown into a civil war on Sunday after a group of Keir Starmer’s closest allies on the ruling committee blocked Andy Burnham from standing in the forthcoming by-election in the North West. Labour’s National Executive Committee (NEC) voted in an eight to one ruling against Burnham on Sunday meaning the metro [...]

  • Reeves told City at ‘critical juncture’ after claims of golden age

    January 25, 2026

    Rachel Reeves has been handed a firm warning that Britain’s financial ecosystem is facing a “critical juncture” even after the Chancellor touted a “golden age” of opportunity for the City. The Chancellor faces a call to action following a report from lobby group TheCityUK and Big Four consultancy giant PwC revealing the “hard truth” that [...]

  • Labour ruling committee block Andy Burnham from by-election race

    January 25, 2026

    Andy Burnham has been blocked from running as the Labour candidate in the forthcoming by-election in the North West. The Manchester Mayor lodged his request for selection in the Gorton and Denton race on Saturday following Andrew Gwynne announcing his intention to step down. Speculation had mounted Burnham would face opposition from Labour’s governing body [...]

  • Investor hits out at Peter Kyle for ‘picking winners’ 

    January 24, 2026

    Business secretary Peter Kyle has come under fire over his admission the government would be “picking winners” across the UK economy.  The former Gail’s and Pizza Express investor Luke Johnson hit out at Kyle’s “arrogance and equal measure” for comments on the Labour government’s approach to investment.  On Friday, Kyle spoke out about the government’s [...]

  • China could ‘veto’ US access to the world, Trump document says

    January 24, 2026

    China could “effectively veto” the US’s access to trading in the Indo-Pacific if the world’s second largest economy continues to build up its military forces, the Trump administration’s national defence strategy paper has said, putting Keir Starmer’s Chagos deal under intense scrutiny.  A document published by President Trump’s Department of War has described China as [...]

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