British businesses must capitalise on milestone UK-India trade deal May 7, 2025 British businesses must grab the opportunity from the UK-India trade deal to access one of the world's fastest growing economies.
UK construction crumbles in April as ‘bumpy ride’ continues May 7, 2025 UK construction endured another month of collapsing output in April, new research has suggested, in signs that a turnaround in the sector is still distant. The sector has now seen a decline in output over four consecutive months, according to S&P Global’s newest purchasing managers’ index (PMI). Civil engineering remained the weakest area of construction [...]
What a trade deal with India means for the UK May 7, 2025 The UK government is heralding a “new era” for British business: after three years of negotiations, a free trade agreement has been signed with India. This is the third agreement the UK has brokered since Brexit and it is also the biggest of them all, given India is the largest single economy that the UK [...]
London still ‘second most attractive market’ for dealmaking post-Brexit May 7, 2025 The UK saw the second highest level of dealmaking between 2018 and 2024, new research has suggested, reflecting London’s status as a key financial hub despite claims its status would be reduced post-Brexit. Mergers and acquisitions in the UK hit $1.14 trillion in value over six years, coming only second to the US where a [...]
Revealed: The 2025 City AM Awards Winners May 7, 2025 The winners of the 2025 City AM Awards were unveiled at a glittering ceremony in the heart of the Square Mile last night in front of 500 guests. The gongs were handed out on stage in the Guildhall, following a speech from former Bank of England Chief Economist Andy Haldane. City AM Editor-in-Chief, Christian May, [...]
Government signs landmark billion-pound trade deal with India May 6, 2025 Billions of pounds in extra trade could soon flow between India and the UK after the two nations signed a landmark free trade agreement, ending years of protracted negotiations. The deal, which the UK government said was the most “economically significant” free trade agreement signed since Brexit and the “best deal India has ever agreed”, [...]
Bank of England to delay interest rates decision – by two minutes May 6, 2025 The Bank of England will delay the release of its latest decision on interest rates this Thursday – by two minutes. The highly unusual change was made to accommodate a two-minute silence to commemorate Victory in Europe Day this week. It means Brits will only be informed about the Monetary Policy Committee (MPC)’s decision to [...]
London prime property sales resilient despite economic headwinds May 6, 2025 London’s prime property market has remained stable year on year despite significant headwinds, according to a major real estate firm. There were 93 sales above £5m in the first three months of the year, on par with the 92 in 2024, Savills found. Overall values also held up, with total values for houses between £10m [...]
How to shield your pension from Labour’s inheritance tax raid May 6, 2025 According to new analysis by Quilter, just two per cent of estates subject to inheritance tax (IHT) are currently taking advantage of surplus income gifting to reduce their tax liabilities. Based on freedom of information (FOI) requests carried out by the wealth management firm, just 1,490 estates are currently taking advantage of the rules, but Quilter expects [...]
UK services sent into decline amid ‘market turbulence’ May 6, 2025 UK output was sent into decline by “market turbulence” in April for the first time in one and a half years, prompting fears that Chancellor Reeves’ £40bn tax raid last autumn was damaging the country’s services economy. The services sector, which is seen as the engine behind UK growth, had been on a 17-month winning [...]