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UK economy

  • Entrepreneurs offer a plan to pull Britain out of the doom loop

    February 24, 2026

    Entrepreneurs are problem solvers by nature, so we should welcome the fact that an esteemed group of them are turning their attention to the biggest challenge of our age: how to pull Britain out of the doom loop. Enterprise Britain launches today with a rallying cry to “reject the narrative of decline” and “reignite Britain’s [...]

  • Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown

    February 24, 2026

    In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]

  • Ask the expert: How should I invest if I’m worried about an AI bubble?

    February 24, 2026

    Fidelity personal finance specialist Marianna Hunt is back on hand to answer your burning questions. This week Marianna helps a reader who is fearful of a potential tech-fuelled stock market crash. Q:I’ve built up reasonable savings in my ISA, workplace pension and SIPP. Most of my investments are in global index funds, so I’m heavily [...]

  • Top entrepreneurs demand ‘radical reset’ in new campaign

    February 24, 2026

    Britain is entrenched in a narrative of decline that can only be reversed with a radical political and cultural reset, a group of top entrepreneurs has warned at the launch of a campaign to improve the investment and trading environment for Britain’s fastest-growing companies. Spearheaded by Ovo Energy founder Stephen Fitzpatrick and Founders Factory chair [...]

  • UK firms ‘misallocate £10bn’ on HR departments, report says

    February 23, 2026

    The UK’s human resources sector is twice the size of the EU’s and has led to firms misallocating as much as £10bn in capital, new research has suggested.  A paper on the cost of diversity and equality agendas on businesses has argued that HR departments have grown at a disproportionate rate, with the UK having [...]

  • Reform vow to create new ‘wealth fund’ using pension schemes 

    February 23, 2026

    Reform UK has pledged to create a new “British Sovereign Wealth Fund” using local government pension schemes as part of Richard Tice’s first policy package as the party’s spokesman for business, trade and energy.  Reform has vowed to wrap various arms of government, including housing and energy, into one office that focuses on growth, job [...]

  • Big Four giant Deloitte forms $20bn EMEA unit amid tech disruption

    February 23, 2026

    Deloitte, one of the Big Four, plans to launch a Europe, Middle East, and Africa (EMEA) firm, aiming to build a regional powerhouse that keeps pace with rapid technological change. After a successful partner vote, Deloitte announced on Monday that the new EMEA firm will launch in June 2026. Deloitte EMEA will bring together 16 [...]

  • Three more interest rate cuts could come, Bank of England official says

    February 23, 2026

    The Bank of England could make three more interest rate cuts in order to reach its neutral level as inflation drops back to two per cent over the coming year, a Monetary Policy Committee member has suggested.  Alan Taylor, an external member who has consistently voted for larger interest rate cuts over the past year [...]

  • Schroders chief executive vows to keep Cazenove Capital

    February 23, 2026

    Schroders’ chief executive has vowed that the company will retain its wealth management business following its £9.9bn takeover by US fund manager Nuveen. Richard Oldfield’s pledge comes after days of speculation surrounding the future of the wealth manager, driven by minimal detail on how it would be integrated into the business in its announcement just [...]

  • The Works shares jump after activist investor ups stake

    February 23, 2026

    Shares in The Works jumped on Monday morning after a well-known small cap activist investor upped its stake in the retailer. The high street staple, which has more than 500 stores across the UK, had been trading with a market cap of just £20m despite turning over more than £250m annually. According to activist investor [...]

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