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UK economy

  • Natwest chair: Boost investment in UK or risk ‘inter-generational crisis’

    September 17, 2026

    The chair of Natwest has warned the UK is in a “moment of national crisis” that can only be fixed by firing up investment in the country’s flagging economy. Rick Haythornthwaite, the City grandee who has also chaired the boards of Mastercard and Ocado, told City AM that years of political instability and poor decision-making [...]

  • Andrew Griffith tells Burnham to rule out Budget tax rises

    September 16, 2026

    Shadow chancellor Andrew Griffith will urge Labour to rule out further tax rises on businesses at next month’s Budget, as the Conservatives set out plans to cut the compliance burden facing small firms and the self-employed. In his first major speech since taking the role, Griffith will call on Andy Burnham and chancellor John Healey [...]

  • Gore Street Energy narrowly defeats Saba’s wind down vote

    September 16, 2026

    Gore Street Energy Fund has survived an attempt by activist hedge fund Saba Capital to wind it down at its latest annual general meeting, after investors narrowly voted against its discontinuation. The battery fund quashed the Boaz Weinstein-run fund’s efforts to shut it down at its annual general meeting (AGM) on Wednesday, but more than [...]

  • Burnham considers giving mayors ‘control over water companies’

    September 16, 2026

    Prime Minister Andy Burnham plans to create nine regional bodies led by mayors that could bring water companies under public control. Under the proposals, regional leaders would sit on boards alongside public health officials, customers and environmental campaigners. Alongside setting company objectives, it is understood the boards will collect customer feedback through consultation mechanisms modelled [...]

  • British AI firm Synthesia warns ‘sci-fi’ fears risk choking UK tech

    September 16, 2026

    British AI firm Synthesia has warned that “sci-fi” fears over AI could lead to poorly designed regulation, as pressure grows on ministers to toughen the UK’s AI rules. Alexandru Voica, head of corporate affairs and policy at the London-based AI video company, told City AM there was “no evidence” for claims that AI was already [...]

  • Burnham warns of ‘challenging’ Budget and hits back at ‘socialists with TikTok’ jibe

    September 16, 2026

    Andy Burnham has warned Brits to expect a “challenging” Budget as he hit back at his former adviser for accusing him of being a “socialist with better TikToks”. Burnham’s comments will be interpreted as an indication that tax hikes will likely form part of October’s Budget, as his pledge to give households “breathing space” on [...]

  • The Debate: Should the City drop its ban on tower logos?

    September 16, 2026

    A 1911 ruling by the City of London Corporation means businesses are still unable to adorn their skyscrapers with logos. Should this change?

  • From due diligence to market mapping: Private capital is leaning on AI 

    September 16, 2026

    Private equity and venture capital firms are handing over administrative and back-office tasks to artificial intelligence agents in order to shift staff focus to more pressing matters. AI is becoming increasingly embedded across the UK private capital industry, with nine in ten firms now using the technology to support at least one business activity, according [...]

  • The NEET crisis is a failure of the state, not the individual

    September 16, 2026

    The first step in solving the NEET crisis is honesty about why so many young people are now trapped in the benefits system.

  • Government policy, not the Bank of England will determine future interest rate hikes

    September 16, 2026

    Today’s inflation data does not address two troubling risk on the horizons: a renewed surge in global energy prices and the upcoming Budget, says William Nixon This morning’s inflation data came in close to market expectations, with headline inflation rising to 3.1 per cent in August from 2.9 per cent in July. Compositionally, the increase [...]

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