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      The devastating prognosis for the UK’s public finances

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UK economy

  • Nobel prize winners’ findings are a wake-up call for UK economy

    October 17, 2025

    This year's Nobel Laureates in economics' warning that growth cannot be taken for granted must urge the UK to act, writes Ben Ramanauskas.

  • Bank of England should cut interest rates at ‘more cautious pace’, Huw Pill urges

    October 17, 2025

    The Bank of England’s chief economist Huw Pill has renewed calls for interest rates to be cut at a “more cautious pace” in the next year, adding to the likelihood that Bank Rate may be held at four per cent for the foreseeable future.  In a speech delivered on Friday, Pill said efforts to lower [...]

  • Protectionism is economic cowardice. Britain must not fall into Trump’s trap

    October 17, 2025

    Brexit is our new reality, but we must harness it to expand global trade, not retreat inwards like Trump, says Geoffrey de Mowbray.

  • FTSE 100 Live: BBVA Sabadell bid falls through, tax rises in focus

    October 17, 2025

    Good morning from the City AM liveblog team. Rachel Reeves isn’t going to introduce a Wealth Tax, but she is going to tax the wealthy.  She isn’t going to impose austerity, but she is going to get spending under control. Confused? Speculation over the contents of next month’s Budget has reached fever pitch, and it’s [...]

  • Over half of firms would stop hiring if Reeves hikes taxes, survey finds

    October 17, 2025

    More than half of businesses would cut staff or stop hiring if taxes are hiked at this year’s Budget, a leading survey of accountants has found, a fresh warning that Chancellor Rachel Reeves risks inflicting further damage on the UK jobs market.  Reeves has publicly said that she was considering making tax hikes at this [...]

  • Rachel Reeves and the tax and spend doom loop

    October 16, 2025

    Rachel Reeves isn’t going to introduce a Wealth Tax, but she is going to tax the wealthy.  She isn’t going to impose austerity, but she is going to get spending under control. Confused? Speculation over the contents of next month’s Budget has reached fever pitch, and it’s only going to ramp up from here. This [...]

  • Which taxes will be raised in the Budget?

    October 16, 2025

    The UK Chancellor has now received the first forecast from the OBR. There will be two more“pre-measures” rounds before the crunch moment on 10 November when the OBR deliverto the Treasury the first “post-measure” forecast. That’s the point where Reeves will havehad to make some decisions on what might actually end up in the Budget [...]

  • Tony Matharu: Made in London

    October 16, 2025  |  City Talk

    Few people embody the spirit of London quite like Tony Matharu — hotelier, businessman, philanthropist, and proud Londoner. As Executive Chairman of Integrity International Group, Tony has spent a lifetime building, creating, and giving back. Yet, as he told BBC Radio London’s Made in London, his success is rooted not only in enterprise but in [...]

  • Why cutting spending is now the only way to revive the economy

    October 16, 2025

    With Brits stashing away cash in fear of further tax hikes under Labour, cutting spending is now the only way forward to grow the UK economy.

  • Autumn Budget: Wealth tax would drive £100bn out of UK economy

    October 16, 2025

    Rachel Reeves is facing renewed calls to rule out any form of wealth tax in the Autumn Budget with concerns such a move would drive £100bn out of the UK economy. The Chancellor confirmed on Wednesday higher taxes on the nation’s wealthiest would be a “part of the story” in the Budget.  But fresh research [...]

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