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UK economy

  • 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.

  • Households to pay more for BBC TV licence, government confirms

    February 6, 2026

    Households across the country will see their bills rise after the Labour government increased the TV licence fee that funds the BBC. The Department of Culture, Media and Sport said on Friday that the annual levy will be increased to £180 from 1 April. This marks a £5.50 yearly increase. The move follows rules brought [...]

  • Newly listed Smarter Web Company share price plummets amid Bitcoin fall

    February 6, 2026

    One of the London Stock Exchange’s newest members have suffered a staggering drop in its share price after becoming embroiled in the early morning Bitcoin plunge. The Smarter Web company, which listed on London’s main market just three days ago, suffered a 22.5 per cent drop in early morning trading to 31.25 pence. Since listing [...]

  • Exclusive: Lloyd’s of London quietly shelves Blueprint Two to rethink strategy

    February 6, 2026

    After years of delays, Lloyd’s of London’s ambitious strategy to digitalise the marketplace has been shelved, as new management under Patrick Tiernan seeks to rethink the approach. Blueprint Two, launched seven years ago, was a programme pitched as delivering a “profound” change in the London specialist and reinsurance market through digitalisation. Lloyd’s, together with the [...]

  • FTSE 100 Live: Starmer unease rattles markets; Big tech sell-off

    February 6, 2026

    Good morning and welcome back to the City AM liveblog. Speculation over Keir Starmer’s future has unleashed a fresh round of market unease as investors dumped the pound, UK equities and long-dated government bonds amid rising political uncertainty. The gulf in price between the UK’s short- and long-term debt – known as the yield curve – reached [...]

  • Majority of landlords to hike rent due to Reeves’ tax raid

    February 6, 2026

    The majority of landlords increasing rents blamed Rachel Reeves’ new tax on property income from April next year, a survey has shown.  According to the National Residential Landlords Association (NRLA), two thirds of landlords (65 per cent) raising prices over the next year cited the government’s plans to charge a two percentage point tax rate [...]

  • Banks ombudsman complaints slump after Treasury overhaul

    February 5, 2026

    Complaints to the banks ombudsman fell to the lowest level in two years in the last quarter of 2025 as changes from regulators and Treasury ease the caseload. Between October and December the Financial Ombudsman Service (FOS) received 47,300 complaints – a major drop from the 68,400 lodged the year prior. It also maintains a [...]

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