Why does Britain treat housebuilding as one big burden? July 14, 2026 Housebuilding is one of Britain's most obvious economic opportunities, yet government and citizens alike seem to see it only as a burden.
Reeves issues warning to successor as she battles to defend record July 14, 2026 Rachel Reeves is set to issue a stern warning to her successor in Number 11 as she battles to defend her record after two years in office ahead of the overthrow of Labour’s election-winning leadership. In what is widely expected to be her final act as Chancellor before Andy Burnham is made Prime Minister next [...]
Burnham urged to go further to fix ‘broken’ business rates July 14, 2026 Incoming Prime Minister Andy Burnham must broaden his plans to reform the “broken and unsustainable” business rates system, hospitality and retail industry leaders have warned. The former mayor of Greater Manchester has already pledged to slash business rates for high street firms but a coalition of trade bodies has urged him to go further. Ros [...]
Top investors managing $3tn to gain access to UK infrastructure projects via AI platform July 14, 2026 Top global investors managing around $3 trillion in assets will be given access to “fragmented” British infrastructure projects under plans for an AI platform designed to fix the industry’s investment woes. Both national and regional projects will be connected to trillions of global capital through the AI platform, dubbed InvestConnect, in a bid to accelerate [...]
Grid delays force Starmer-backed AI data centre to seek alternative power July 13, 2026 One of the UK’s flagship AI infrastructure projects is being forced to source its own energy supplies after discovering it would not be granted grid connection in time for its eagerly anticipated opening. Nscale, the British AI unicorn backed by Nvidia, is now looking beyond conventional electricity connections for its flagship £2bn data centre in [...]
Financial services bankruptcies rise as MFS collapse ripples through sector July 13, 2026 The number of financial services companies entering administration spiked sharply in the first half of 2026 on the back of rising costs and the ripple effects of the collapse of mortgage provider Market Financial Solutions, according to a risk advisory firm. A total of 649 companies across sectors went under across the UK between January [...]
Rachel Reeves to unveil next steps for ring-fencing reform at Mansion House July 13, 2026 Rachel Reeves will outline the next steps of her ring-fencing reforms at Mansion House on Tuesday, City AM can reveal, in what is expected to be one of her last acts in the Treasury. The Chancellor will launch a consultation to seek industry input on the implementation of a package of reforms announced in May, including the [...]
‘Brutal onslaught’: Brewery McMullen’s takes aim at Reeves’ tax hikes after pub sell-off July 13, 2026 One of the UK’s biggest family-owned brewers has taken aim at Chancellor Rachel Reeves’ tax hikes after it sold off more than a quarter of its pub estate. Hertfordshire-based McMullen’s, which owned over 100 pubs before offloading 30 of them in January, has warned it is likely to struggle to stay profitable in the years [...]
Moneybox boosts London’s Pisces market in ‘milestone’ £45m sale July 13, 2026 Moneybox has granted London’s novice private markets platform another major boost after confirming a £45m employee share sale. The move has been hailed a “milestone transaction” in the City’s efforts to keep tech firms from looking for opportunities abroad. The fintech will use the London Stock Exchange’s Private Intermittent Securities and Capital Exchange System (PISCES) [...]
JP Morgan’s Jamie Dimon under fire over whether he lobbied Treasury on Epstein advice July 13, 2026 The boss of JP Morgan is facing mounting scrutiny from US lawmakers on whether he lobbied the UK government on tax affairs on the advice of convicted sex offender Jeffrey Epstein. Jamie Dimon – who is well-regarded as one of the world’s most influential figures in finance – said under oath in 2023 that he [...]