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UK economy

  • Starmer vows to use ‘every lever’ to protect Brits from damage to UK economy 

    March 23, 2026

    Sir Keir Starmer has vowed to use “every lever” to prevent households from being hit by higher energy prices amid growing fears the Iran war is wreaking havoc on the UK economy.  On Monday morning, the Prime Minister suggested an emergency Cobra meeting between the most senior government ministers and the Bank of England governor [...]

  • Ministers are sacrificing growth for votes, say top business bosses

    March 23, 2026

    Government ministers have undermined the UK’s long-term economic interests by becoming “trapped” into making poor short-term policy decisions to appease voters, Britain’s top business bosses have warned. The group of corporate leaders, which include Natwest chair Rick Haythornthwaite, Heathrow chair Philip Jansen and Barratt Redrow chair Caroline Silver, said successive governments have failed to prioritise [...]

  • FTSE 100 Live: Stocks jittery after Trump’s latest TACO; Oil price slips

    March 23, 2026

    Welcome back to the City AM liveblog. Markets are in recovery mode after a dramatic intervention from President Donald Trump slapped a delay on his bombastic ultimatum. Trump issued a 48-hour ultimatum to the Iranian regime on Saturday night, where he called for the full re-opening of the Strait of Hormuz. The strait is a [...]

  • Lady Mayor: The City must make East End kids like me feel like they belong

    March 23, 2026

    Plenty of young people can see the City skyline from their classroom window, yet still feel like they don't belong. I want to change that.

  • The UK founder exodus is not just about tax – it’s about tone

    March 23, 2026

    Minus tax, the UK still has the fundamentals to nurture entrepreneurs, but it's presenting itself as a wimpish place to work, writes Sean Bannister.

  • The UK is being “dragged into” Iran war says Badenoch

    March 21, 2026

    Conservative leader Kemi Badenoch has said the UK is being “dragged into” the Iran war “whether we like it or not” after the nation fired missiles at joint UK-US base. Badenoch argued Starmer can longer “sit on the fence” after the attempted strikes on Saturday morning, before criticising him for not backing the US to [...]

  • Hargreaves Lansdown services resume after technical glitch

    March 21, 2026

    The UK’s largest DIY investment platform Hargreaves Lansdown has confirmed clients can once more access their accounts after a technical problem on Friday brought operations to a standstill. The platform reported that it was “no longer seeing” the earlier technical issues in a statement on Friday evening, with customers once more able to make transactions. [...]

  • Starmer to convene emergency meeting over Iran war price shock

    March 21, 2026

    Prime Minister Keir Starmer will convene an emergency meeting of senior cabinet ministers and the governor of the Bank of England next week, as prices continue to soar amid the Middle East conflict. The meeting will discuss plans to help households with the rising cost of living caused by the war in Iran, according to [...]

  • UK economy in peril as growth forecast slashed in half

    March 20, 2026

    The UK economy is set to grow by half as much as economists predicted before the war in Iran started as forecasters attempt to make sense of how deep the impact of an energy price shock will be.  A leading economics consultancy has revised its UK growth forecast down to 0.4 per cent compared to [...]

  • Borrowing costs soar to post-financial crisis high in blow to Reeves

    March 20, 2026

    UK government borrowing costs have soared to their highest level since the Great Financial Crisis in 2008, with markets frightened by the state of public finances in the face of another global price shock.  Gilt yields have inched up over the course of the week, with the ten-year gilt yield topping 4.9 per cent on [...]

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