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UK economy

  • Labour MP Callum Anderson: Securing Starmer’s visit to London Stock Exchange took months

    January 8, 2026

    We dig into the memory bank of the City's great and good. Today, it's Labour MP and former London Stock Exchange adviser Callum Anderson.

  • Rent control law to ‘knock £11bn’ off commercial property 

    January 8, 2026

    New legislation introducing rent controls could lead to £11bn being stripped from commercial property values, fresh analysis has shown, in the latest blow to the confidence for investors. The government is proposing a ban on upward-only rent hikes on commercial property in a bid to support small businesses with costs.  The proposed ban can be [...]

  • Are we facing an AI jobs apocalypse?

    January 8, 2026

    Police in Cornwall are on the hunt for a masked vandal seen on CCTV spraying “AI will take our jobs” across multiple sites in the villages of Polbathic, Widegates and Crafthole. Is this vigilante right to warn us all? Ask Chat GPT whether AI will lead to a jobs apocalypse and the answer is suspiciously [...]

  • UK fintech stamps its authority on Europe but faces global threats

    January 8, 2026

    The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]

  • Labour urged to ramp up defence spending 

    January 7, 2026

    The Labour government is being urged to ramp up defence spending at a faster pace as opposition party leaders warned threats to Greenland, Ukraine and Nato required Keir Starmer to take swift action.  Tory leader Kemi Badenoch and Liberal Democrat leader Ed Davey were among those demanding the government to bring forward a 2034 deadline [...]

  • Waterstones books Rothschild as IPO plans ramp up

    January 7, 2026

    The owner of Waterstones is preparing to appoint Rothschild to advise its multibillion-pound flotation later this year, offering the clearest sign yet that London could turn the page on a dire run of form if it edges out New York for the listing. Elliott Management, which owns Waterstones and its US sister Barnes & Noble, [...]

  • Christmas grocery shopping hits fresh high while Brits make budget trimmings

    January 7, 2026

    Brits splashed out on groceries in the run-up to Christmas but watched their budgets more than ever, as own-brand products and cut-price veg caught the eyes of shoppers.  Festive grocery sales increased by 3.8 per cent on the previous year, as Brits spent a record £13.8bn on Christmas supermarket shops amid moderately easing retail inflation [...]

  • Starmer summons business chiefs to join China trip 

    January 7, 2026

    Downing Street officials are asking business leaders to join Keir Starmer on a visit to China later this month, it has been reported, amid tensions over the approval of its mega embassy near the City of London.  The government is still looking to gather new business representatives to accompany Starmer to Beijing despite some concerns [...]

  • Construction marks full year of decline in blow to Labour

    January 7, 2026

    The construction sector has now marked one full year of a decline in output, according to a leading survey, blowing a hole in Labour’s ambitious housebuilding targets. S&P Global’s monthly survey showed the sector had fallen under a threshold for neutrality in output for the twelfth successive month.  The reading for December was also the [...]

  • London Luton Airport says investment at risk due to Labour’s taxes

    January 7, 2026

    A £2.5bn proposal to expand one of London’s top airports is facing fresh challenges amid rising tax burdens, as the aviation sector feels the pain of Rachel Reeves’ business rates raid. The owner of Luton Airport, Labour-run Luton Council, had put together plans to build a new terminal and increase capacity from 18m to 32m [...]

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