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UK economy

  • The Debate: Is Britain’s minimum wage too high?

    May 27, 2026

    Rishi Sunak has confessed minimum wage hikes he oversaw were too high. But is raising wages during a cost of living crisis really so bad?

  • Jeevun Sandher MP: I am committed to Labour’s fiscal rules, but delivery matters too

    May 27, 2026

    Rattled by watching the bond markets, Labour MP Jeevun Sandher says it's time for Labour to prioritise economics over politics.

  • Starmer’s steel tariffs are as hare-brained as Trump’s

    May 27, 2026

    Contrary to supporting the industry, Starmer's steel tariffs will push manufacturing offshore and invite retaliatory EU action, writes Andrew Griffith.

  • Moneybox profit slides as wealth manager bets on ‘high levels of automation’

    May 27, 2026

    Moneybox saw its profit slide by nearly a quarter in the last year as the wealth manager invested “heavily” in new technology and bet on “high levels of automation”. The London-based fintech notched its third consecutive year of profitability but faced a 23 per cent drop in its pre-tax takings at £14.9m by the end [...]

  • An Inspector Calls at Nationwide’s annual general meeting

    May 27, 2026

    In 49 days An Inspector Calls at the Nationwide annual general meeting and in this week’s column Samuel Norman looks at what he could be asking. Also on the agenda… after annual report season, it’s time for Starling to go full throttle on Engine. Not since the keen-eyed Inspector Goole shattered the comfortable illusions of [...]

  • Vulnerable bank customers could face ‘higher barriers’ to redress in Treasury overhaul 

    May 26, 2026

    Warnings are being raised over a planned Treasury shake-up of financial services rules after an impact assessment revealed vulnerable customers could be excluded from receiving compensation when wronged. The government unveiled its Enhancing Financial Services Bill at the King’s Speech, which paved the way for reform to consumer redress protections through changes in the Consumer Credit [...]

  • Wes Streeting’s capital gains tax plan risks ‘disrupting’ growth

    May 26, 2026

    Wes Streeting’s plans to align capital gains taxes while introducing an investment allowance could be “disruptive” for growth as City advisers have become divided over the benefits of sweeping reforms.  Streeting told the BBC last week that he backed a plan, first proposed by the Centre for the Analysis of Taxation (Centax) and later adopted [...]

  • London makes up more than a third of UK corporation tax receipts

    May 26, 2026

    London accounts for more than a third of total corporation tax receipts across the UK, new data analysed by City AM has shown.  Data shared by the Office for National Statistics (ONS) has shown that London makes up around 36 per cent of total corporation tax income generated each year, highlighting the capital city’s dominance [...]

  • London AI jobs boom as Anthropic salaries hit £630k

    May 26, 2026

    London’s AI hiring race is accelerating at dizzying rates, with Anthropic offering some engineers in the capital as much as £630,000 a year as Big Tech firms battle for AI talent. The US AI giant, backed by Amazon and best known for its chatbot Claude, is currently hiring for over 40 London roles as it [...]

  • Poor investor communication is holding back Britain’s listed companies

    May 26, 2026

    UK-listed companies are losing the confidence of retail investors, as shareholders complain of weak communication, poor transparency, and limited access to chief executives, according to new research from InvestorHub and ShareSoc. More than half of investors surveyed said transparency was missing from company communications, while almost half said listed businesses failed to provide sufficiently clear [...]

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