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UK economy

  • Winners of Investec’s Beyond Business programme awarded £100k funding

    September 29, 2025

    Leading financial services provider, Investec, has announced the winners of its 2025 Beyond Business programme. The programme attracted a record number 148 entrepreneurs from across East London, who were whittled down to a short list of 11 finalists, before the four winners were selected by a Dragons’ Den style panel, led by chief executive Ruth [...]

  • The world believes in Britain, the government must too

    September 29, 2025

    Business leaders remain laser-focused on delivering growth, now the Chancellor must create the conditions for them to do so, says Chris Hayward As the Chancellor prepares to address the Labour Party Conference, her desk in Number 11 Downing Street is doubtless already buckling under the weight of submissions featuring friendly advice about how to shape [...]

  • Home Secretary outlines tougher guidelines for those seeking indefinite leave to remain

    September 28, 2025

    Migrants who want to remain in the UK will have to learn English to a high standard, have a clean criminal record and volunteer in their community, the Home Secretary will say. In her Labour Party conference speech on Monday, Shabana Mahmood is expected to set out a series of conditions for those seeking indefinite [...]

  • Rachel Reeves announces youth guarantee to combat long-term unemployment

    September 28, 2025

    Rachel Reeves will make the case for a society founded on “contribution” as she unveils plans for a “youth guarantee” aimed at driving down unemployment. The Chancellor is expected to say Britain must build on the principle of doing “our duty for each other” and “hard work matched by fair reward”, in a speech to [...]

  • Government guarantees Jaguar Land Rover £1.5bn loan

    September 28, 2025

    The UK government will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) in a bid to support its suppliers as cyber-attacks continue to halt production. Business Secretary, Peter Kyle said the loan, from a commercial bank, would project jobs across the UK, in particular in the West Midlands and Merseyside. The manufacturer has [...]

  • Starmer refuses to rule out VAT rise

    September 28, 2025

    Prime Minister Keir Starmer has refused to rule out any potential rises to VAT as he reinforced his commitment to Labour’s manifesto pledges in a new interview. In an interview with BBC’s Laura Kuenssberg, after being pressed on potential changes to VAT, Starmer said: “The manifesto stands. We made commitment in that manifesto and the [...]

  • Revolut considers $75bn dual listing in London and New York

    September 28, 2025

    Fintech juggernaut Revolut is weighing up a dual listing in New York and London for its share sale, in a move that would provide the City with a major boost after a sluggish IPO period. Revolut considering London as a destination for a listing worth at least $75bn (£55.96bn) would appear to demonstrate a change [...]

  • Government pledges ‘whatever it takes’ to get Britain building

    September 27, 2025

    The construction of three new towns will begin before the next election, the Housing Secretary will pledge at Labour’s party conference. The Government will “do whatever it takes to get Britain building”, Steve Reed is expected to tell Labour members on the opening day of the party’s annual gathering in Liverpool. Work on 12 new [...]

  • Harrods’ customer details stolen in IT breach

    September 27, 2025

    Harrods has warned some customers that their personal data may have been taken in an IT systems breach. The luxury Knightsbridge department store said information, such as names and contact details, of its e-commerce customers was taken after one of its third-party provider systems was compromised. In a statement, Harrods said: “We have been notified [...]

  • Labour planning rescue for Jaguar Land Rover after cyber attack

    September 27, 2025

    The Labour government is set to announce an emergency rescue package for Jaguar Land Rover as soon as this weekend after the firm was driven into chaos following a cyber attack. Business secretary Peter Kyle has been in “intense conversations” with JLR and its parent company Tata after fears the knock-on effect of the hack [...]

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