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UK economy

  • Reeves hit by spike in government borrowing

    March 20, 2026

    UK government borrowing rose by more than expected in February, it has been revealed, adding a strain on public finances as Chancellor Rachel Reeves faces trouble ahead with deciding the government’s response to the war in Iran.  The Office for National Statistics (ONS) has said that the government borrowed £14bn, with economists having predicted the [...]

  • FTSE 100 Live: Gilt yields soar, Bank of England rate hike fears grow, Wetherspoon shares tumble

    March 20, 2026

    Good morning from the City AM liveblog team. Stocks made gains on Friday morning after a statement from Israeli leader Benjamin Netanyahu that he could see “this war ending a lot faster than people think” reassured markets that conflict in the Middle East could soon recede. The remarks follow further missile strikes by the US [...]

  • Is AI ‘vibe coding’ too good to be true?

    March 20, 2026

    AI means companies can now 'vibe code' their own software products on the cheap – but they may soon discover the risks, writes Paul Armstrong.

  • CMA must act now to fix Britain’s broken cloud market 

    March 20, 2026

    The CMA correctly diagnosed the UK cloud market as broken and dysfunctional, so why isn’t it changing anything, writes Lord Clement-Jones.

  • Open banking is a growth engine Britain cannot ignore

    March 20, 2026

    Open banking doesn't grab headlines like AI, but combining these technologies can deliver exponential benefits, writes John Glen MP.

  • Sluggish economy spooks small housebuilders

    March 20, 2026

    Small and medium (SME) housebuilders are being put off from investing in new projects by the UK’s economy and housing market, according to a new report. As many as 70 per cent of SME building firms said current market conditions are reducing their appetite for starting new sites and a quarter expect to cut back [...]

  • London IPO market may yet recover in 2026, Peel Hunt says

    March 19, 2026

    The London IPO market could still see a revival before the end of the year, according to City broker Peel Hunt, as a number of blue chip firms wait patiently for geopolitical tensions to die down before firing the starting gun on their own floats. Brian Hanratty, head of equity capital markets at Peel Hunt, [...]

  • ‘Confidence exits UK economy’: FTSE 100 dips below 10,000 mark

    March 19, 2026

    The FTSE 100 dipped below the 10,000 mark as stocks plunged on Thursday on fears the war in the Middle East was set to bring regional energy production to a halt.  Traders sold off assets en masse over the course of the day, with the FTSE 100 falling by some 2.5 per cent amid turmoil [...]

  • FCA chief clashes with investment industry on over-reliance

    March 19, 2026

    The investment industry must stop being over-reliant on regulators and solve their own problems in order to make investors less risk averse and boost economic growth, the financial watchdog has said. Speaking in an interview with City AM, Simon Walls, interim executive director of markets at the Financial Conduct Authority (FCA), argued that despite the [...]

  • Zack hits back – but I stand by what I said: The Green Party is dangerous

    March 19, 2026

    After yesterday’s column on Zack Polanski (“I wouldn’t vote for his party in a million years“) the Green Party leader hit back, suggesting a lack of compassion on my part. Being firmly of a free-market persuasion I’m used to having my motives questioned, but I stand by my view that Polanski’s economic policies (wealth taxes, [...]

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