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UK economy

  • Why Rachel Reeves’ low-key Spring Statement still matters

    February 26, 2026

    This is the Spring Statement that Chancellor Rachel Reeves has long been waiting for in opposition: a moment of sheer insignificance.  In May 2023, six months after the mini-budget debacle, Reeves offered a speech in opposition to Washington DC’s top independent think tank, the Peterson Institute, exalting her core economics philosophy of ‘securonomics’. She summarised [...]

  • IForex shares lift after trading platform makes London Stock Exchange debut

    February 25, 2026

    Shares in iForex popped after the firm became the latest fintech to debut on the London Stock Exchange. The stock rose as much as 6.4 per cent to 207.5p by the end of its inaugural trading session on Wednesday. It had floated on London’s main market at an offer price of 195p, implying a market [...]

  • Tory MP accuses Starmer of ‘blatant lie’ over energy bills claim

    February 25, 2026

    A Tory backbencher has lashed out at Sir Keir Starmer for a “blatant lie” after he praised a drop in the energy price cap set by Ofgem.  Katie Lam, who has weighed in on issues ranging from growth to immigration, said energy bills under Labour had spiked since it took to power in mid-2024.  She [...]

  • Women in their forties drove January pension contribution surge

    February 25, 2026

    Women paid more into their pensions than men in January 2026, with females in their 40s driving the surge. According to retirement firm Pensionbee, female customers contributed 104 per cent of the amount men contributed, despite only accounting for 42 per cent of total customers, and marked just the second time in the firm’s history, [...]

  • St James’s Place offers up rewards of its turnaround to shareholders

    February 25, 2026

    St James’s Place roused shareholder spirits on Wednesday as the leading UK wealth manager reported funds under management hitting record highs coupled with rising payouts. Funds under management jumped 16 per cent to £220bn, up from £190.2bn the prior year. Gross inflows reached £21.9bn, a 19 per cent increase from £18.4bn, while net inflows increased [...]

  • St James’s Places shares jump as firm reports record funds under management

    February 25, 2026

    St James’s Place saw funds under management reach record highs in its latest results, as more people choose to plough money into the UK’s leading wealth manager. Funds under management jumped 16 per cent to a record £220bn, up from £190.2bn the prior year, as the group attracted new clients and kept retention rates high. [...]

  • Low-key Spring Statement still poses risks for Rachel Reeves

    February 25, 2026

    Just under a week from now the Chancellor will stand up and deliver the Spring Statement. We aren’t expecting any fireworks, not least because Rachel Reeves has made it clear that she only wants to preside over one major fiscal event a year, and that’s the Autumn Budget. Nevertheless, next Wednesday still has the potential [...]

  • James Reed: Youth unemployment crisis will have decades-long impact

    February 25, 2026

    Those not working in their twenties are unlikely to start in their thirties. The youth unemployment crisis needs action, writes James Reed.

  • The Debate: Should AI be used to make hiring decisions?

    February 25, 2026

    Would you trust AI to pick out your CV, or should hiring be left to humans? We hear the case for and against in this week's Debate.

  • Politicians and voters must wake up to reality of a zero growth economy

    February 25, 2026

    The past six years have been the worst period for growth in normal peace time since the start of the Industrial Revolution over 200 years ago, says Paul Ormerod The latest estimates from the Office of National Statistics show virtually no growth in the size of the economy in the period October to December 2025. [...]

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