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UK economy

  • Tesco snaps up shuttered Amazon Fresh sites in convenience store push

    February 9, 2026

    Tesco plans to open over 70 Express stores across the country by March next year, including at least five new sites in London.  In a statement released today, the supermarket chain confirmed it had acquired five former Amazon Fresh stores across the capital. These sites – in Kensington High Street, Hounslow, Moorgate, Aldgate East, and [...]

  • Cabinet rallies around Starmer as Scottish Labour leader calls on PM to quit

    February 9, 2026

    Every Cabinet minister, alongside former deputy leader Angela Rayner, has given public backing to Sir Keir Starmer’s position, following a speech from the Scottish Labour leader calling for the PM to step down. Possible leadership contenders, also including Wes Streeting, Shabana Mahmood and Ed Miliband, have posted supportive messages on social media in quick succession. [...]

  • Downing Street resignations trigger bond market jitters

    February 9, 2026

    Nervousness rippled through UK bond markets on Monday after a series of Downing Street resignations concentrated minds on the uncertain future of prime minister Sir Keir Starmer. The 10-year gilt yield – a key benchmark for the government – jumped as much as 10 basis points to 4.62 per cent in the early afternoon following [...]

  • FCA to publish London share trading data to defend UK public markets

    February 9, 2026

    The City watchdog is planning to start collecting and publishing all available data on share-trading in an attempt to show that liquidity in UK public markets is not as bad as it is often thought.  The plans will act as a stopgap until the Financial Conduct Authority (FCA) issues its ‘consolidated tape’ of trading data [...]

  • Natwest shares sink after bank unveils £2.7bn wealth deal

    February 9, 2026

    Natwest has beat its banking rivals to snap up wealth manager Evelyn Partners and laid out plans to kick off a new round of shareholder returns. The FTSE 100 banking giant, which returned to privatisation last year, said it had sealed a £2.7bn deal to purchase the firm from its private equity owners Permira and [...]

  • Finally something to shout about: London’s insurance market!

    February 9, 2026

    The London insurance market represents what’s best about our city – its talented workforce, its global outlook and its creativity.

  • UK businesses turn to overseas talent and AI as Reeves’ taxes bite

    February 9, 2026

    British businesses are facing a “trade off” as rising costs for employers push firms into investing in overseas talent and leveraging AI.  Whilst businesses are ditching the “wait-and-see” approach that engulfed firms amidst the tax uncertainty ahead of November’s Budget, this has not translated into a hiring upswing, the latest KPMG and REC jobs report [...]

  • Ease restrictions to boost retail investment, says leading digital platform

    February 9, 2026

    The UK must do more to ease restrictions for retail investors, a director of a leading digital trading platform has said, after renewing calls for regulators, operators and policymakers to incentivise the use of innovative investment products. Speaking in an interview with City AM, Michael Healy, managing director, UK and Ireland at IG Group, noted [...]

  • Union bosses call for another workers’ rights push amid Labour turmoil

    February 8, 2026

    Union bosses are capitalising on the turmoil across the Labour party leadership to push for another major workers’ rights shakeup as Prime Minister Keir Starmer tries to fend of a rebellion from the left. The government is being urged to go beyond its manifesto commitments and hand all workers the right to guaranteed hours – [...]

  • How London fell back in love with the office

    February 7, 2026

    With workplace leasing enjoying a major post-pandemic bounceback, it's clear that, once again, the office is seen as critical to success.

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