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UK economy

  • US law firms lead London hiring, fuelled by private capital growth

    January 5, 2026

    Legal recruiters for big law firms in the City had a busy 2025 as hiring for the most senior lawyers surged, with the trend expected to continue into the new year. As employment figures rose in the UK to above the 5 per cent mark in 2025, according to figures by legal recruiter Edwards Gibson, [...]

  • No prosperity without national security

    January 5, 2026

    National security is the cornerstone on which all successful economies are built. It is the protective layer around both our society and our economy, and it is what enables economic activity to thrive, says Brandon Lewis The UK is facing the greatest threat to its national security in the past 30 years. There are Russian [...]

  • Brits borrowed more despite Budget unease

    January 5, 2026

    British consumers took out more in credit over November than expected despite suggestions that Budget speculation would have held people back from taking risks, official data has shown.  Economists widely predicted that weeks of speculation over tax rises dampened consumer sentiment and prevented people from borrowing more.  But the Bank of England has revealed that [...]

  • UK economy showing signs of ‘zombie apocalypse,’ says think tank

    January 5, 2026

    The UK economy faces a “zombie apocalypse” in the coming year, as years of tough trading conditions force thousands of unproductive firms to the wall, an influential left-leaning think tank has predicted. The Resolution Foundation forecasts a “triple whammy” of multi-year increases in interest rates, energy prices and the minimum wage will lead to the [...]

  • Rainy day savings, pensions and stocks: Brits’ 2026 financial resolutions

    January 5, 2026

    Nearly one in three people are aiming to reduce their monthly spending in 2026, as more Brits look to boost their savings. According to a survey commissioned by Pensions UK, committing to building up ‘rainy day’ savings as a new year’s resolution has grown in importance, with 28 per cent planning to do so this [...]

  • Fines for uninsured drivers could rise under new plans

    January 4, 2026

    Uninsured drivers may face higher fines and tougher penalties under new government plans to improve road safety and reduce the cost of car insurance. Under current rules, an uninsured driver may face a £300 fine and six points on their licence, which is less than the average annual insurance premium. The government is seeking to [...]

  • European office deals rebound in 2025

    January 4, 2026

    European office deals bounced back last year, as investors ploughed money into transactions after the prospect of a supply crunch revitalised the sector. A total of 21 transactions worth £100m or more were completed in central London as of mid-December, up from the 12 completed during 2024, first reported in the Financial Times. Meanwhile, nine [...]

  • Starmer: I’ll still be prime minister going into 2027

    January 4, 2026

    Prime Minister Sir Keir Starmer has insisted he will still leading the country this time next year, dismissing concerns about his leadership, despite growing rumours about challenges within the party. The Labour leader said that frequent leadership changes were not in the national interest, taking note of the “chopping and changing” of prime minister under [...]

  • Electric vehicle sales set to experience slowest growth since the pandemic

    January 3, 2026

    Electric vehicle sales are set for their slowest annual growth since the pandemic damaged sales in 2020, as demand for the vehicles weaken. First reported by the Financial Times, electric vehicle (EV) sales are expected to reach just 13 per cent to 24m in 2026, down from an estimated 22 per cent increase last year, [...]

  • Knight Frank appointed for bumper Brighton Palace Pier sale

    January 2, 2026

    Knight Frank has been instructed on the sale of Brighton Palace Pier, two months after the Grade II-listed landmark’s owners revealed their plans to offload the amusement park amid a barrage of economic headwinds. The Brighton Pier Group appointed the property giant to seek a buyer for the coastal attraction, which its operator said in [...]

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