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UK economy

  • The world runs on English law – let’s make the most of it

    June 8, 2026

    All governments yearn for growth levers that are affordable, credible and deliverable within a parliamentary term. This government is fortunate enough to have one: English common law, says Brandon Lewis There is a quiet truth about British global influence that rarely makes it into the conversation about economic growth. International litigants, when consulting a regulatory [...]

  • As it happened: Stocks and oil recover as Iran declares end to strikes; tech rally rocks markets

    June 8, 2026

    Good morning and welcome back to the City AM liveblog. The FTSE 100 edged into the green on Monday lunchtime and US futures pointed to gains, as the markets looked to claw back early jitters caused by fresh Middle East strikes and a tech stock sell-off. An exchange of fire from Iran and Israel left [...]

  • Services industry falters as activity plummets amid Iran conflict fallout

    June 8, 2026

    The UK’s services sector’s economic activity and performance declined sharply last month as fallout from the Iran conflict continues to impact businesses, according to new figures. According to data on the latest business trends from accountancy and advisory firm BDO, a drop in sales and fragile client confidence led to a drop in the services [...]

  • Natwest housing finance chief: Social housing changes lives – I would know

    June 8, 2026

    Behind every discussion about social housing are real people whose lives can be changed by the security of a permanent home, writes Paul Eyre.

  • Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

    June 8, 2026

    Supermarket food inflation has risen significantly for the first time this year, a City AM analysis has found, flashing an early warning sign that the surge in energy and freight costs triggered by war in Iran is reaching shelf prices in the UK. City AM reporters gather data on around 200 prices of products across [...]

  • Jobs slump as economy ‘held up by uncertainty’

    June 8, 2026

    The UK jobs market has been handed another blow as businesses ditch permanent hires as the economy battles against domestic and international uncertainty. The latest jobs report from KPMG and REC, the professional body for recruiters, showed hiring for permanent places dropped to a reading of 44.1 in May, which sits below the neutral 50 [...]

  • One in ten graduates to flee UK’s worst job market in 30 years

    June 7, 2026

    One in ten students due to graduate university this summer do not plan on staying in the UK to find work, according to a new survey from graduate recruitment research firm High Fliers. The survey revealed that out of the 15,000 students surveyed from over 30 universities including Oxford, Cambridge, Edinburgh, and the London School [...]

  • Defence spending plan delay undermines UK credibility, MPs say

    June 7, 2026

    The delay in publishing Keir Starmer’s long-awaited plan on defence spending has undermined the UK’s credibility and left the country less safe, a parliamentary committee has warned. In a new report critisising the long delay in publishing Starmer’s Defence Investment Plan (DIP), the Public Accounts Committee said this “has undermined the UK government’s credibility with [...]

  • Labour warned not to kill off hybrid jobs millions rely on

    June 7, 2026

    Labour has been warned not to “regulate flexible jobs out of existence” after new polling found two-thirds of part-time workers chose their role specifically because it offered flexibility around childcare or studying. The intervention from the British Retail Consortium (BRC) comes as ministers press ahead with plans to overhaul zero-hours contracts and force employers to [...]

  • Peter Kyle vows state will take bigger stakes in Britain’s next tech giants

    June 6, 2026

    The government is preparing to take larger stakes in Britain’s fastest-growing companies as Peter Kyle ramps up Labour’s efforts to turn the state into a more active backer of private enterprise. Ahead of London Tech Week, the business secretary said ministers would become more willing to deploy taxpayer money alongside private investors, arguing that government [...]

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