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UK economy

  • UK retail sales see modest Christmas rise following Budget

    January 23, 2026

    UK retail sales inched up slightly in December, as consumers returned to the high street for Christmas shopping after the Autumn Budget, but failed to halt an overall fall in purchases during the final quarter. Retail sales volumes are estimated to have increased by 0.4 per cent in December, following falls of 0.1 per cent [...]

  • Consumer confidence has been negative for 10 years

    January 23, 2026

    Consumer confidence inched up slightly this month despite remaining in negative territory, a leading survey has indicated, indicating a degree of “resilience” despite a decade of consumer pessimism.   The overall index score on GfK’s closely monitored consumer confidence survey rose by one point while feelings about personal finances over the next 12 months edged [...]

  • Budget fails to dampen commercial property activity

    January 23, 2026

    Leasing and investment demand for commercial real estate remained high in the last few months of 2025, as the industry swerved Budget uncertainty that rattled the housing market. While growth in demand was slightly tempered by speculation surrounding tax changes, year-on-year figures remained robust among individual spaces. Office space investment demand reported a four per [...]

  • On this day 1571: The Royal Exchange is opened

    January 23, 2026

    The Royal Exchange was opened by Elizabeth I 455 years ago on this day. Eliot Wilson traces the origins of its success.

  • UK tax regime is forcing pubs to raise pint prices

    January 23, 2026

    Pubs do not want to raise prices, but endless tax pressures are giving them little other choice, writes Emma McClarkin.

  • Millions of parents miss out on free pension cash by overlooking this rule 

    January 22, 2026

    Millions of UK parents are missing out on hundreds in free pension cash after being left in the dark by employers about a pension rule for new parents. While most parents are aware of child benefits and junior ISAs, many are losing as much as £720 per year after overlooking a far less familiar perk. [...]

  • Where does Britain stand in the New World Order?

    January 22, 2026

    A new world order has been declared and described by Canada’s Mark Carney. Is he right, and if so, is there room in it for Britain? Davos, that alpine gathering of the great and the good, is normally a predictably dull affair. To give you a flavour of its worthiness, consider the formal title for [...]

  • Nigel Farage: Reform will tax the banks even if they don’t like it

    January 22, 2026

    Nigel Farage has confirmed Reform will slap a tax on the UK’s banking giants in the latest dramatic escalation of his party’s tensions with the City. Speaking at the World Economic Forum in the Davos, Farage said: “This will be tough for banks to accept but I am sorry – the drain on public finances [...]

  • Young’s ditches AIM as pub chain eyes FTSE 250 inclusion

    January 22, 2026

    Young’s has become the latest company to unveil plans to quit London’s small-cap stock market as the pub giant sets its sights on inclusion into the FTSE 250. The Wandsworth-based business said it will apply to join the main market of the London Stock Exchange, in a move which it said will “enhance the company’s [...]

  • Total UK government borrowing beats OBR forecast

    January 22, 2026

    UK government has already borrowed more this year than the Office for Budget Responsibility forecast, official data has revealed, wrapping up a difficult 12 months for Rachel Reeves as she grapples with keeping public finances safe from further shocks.  The Office for National Statistics (ONS) estimated public sector borrowing to have been £11.6bn over the [...]

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