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UK economy

  • Climate minister: We can’t tackle the climate crisis without the City

    January 23, 2026

    As climate minister, I want to work with people who can actually deliver real change, which is why I need the City, writes Katie White.

  • Fund giant slashes UK exposure as investors sour on Britain

    January 23, 2026

    One of the world’s largest money managers is shedding its investments in the UK, after investors said they wanted more of their cash to be allocated overseas despite a government push to encourage investment in domestic equities. Vanguard, the world’s second largest asset manager, said it would reduce its £52bn Life Strategy fund’s UK equity [...]

  • Private sector bounces back but Reeves leaves hospitality reeling

    January 23, 2026

    The UK’s private sector expanded at the fastest rate in nearly two years in the first month of 2026 but the reeling hospitality sector was still feeling the crunch from Labour policy. The latest Flash Purchasing Managers Index (PMI) from S&P Global showed a major uptick in the all-important services sector, which is often seen [...]

  • UK retail sales see modest Christmas rise following Budget

    January 23, 2026

    UK retail sales inched up slightly in December, as consumers returned to the high street for Christmas shopping after the Autumn Budget, but failed to halt an overall fall in purchases during the final quarter. Retail sales volumes are estimated to have increased by 0.4 per cent in December, following falls of 0.1 per cent [...]

  • Budget fails to dampen commercial property activity

    January 23, 2026

    Leasing and investment demand for commercial real estate remained high in the last few months of 2025, as the industry swerved Budget uncertainty that rattled the housing market. While growth in demand was slightly tempered by speculation surrounding tax changes, year-on-year figures remained robust among individual spaces. Office space investment demand reported a four per [...]

  • Consumer confidence has been negative for 10 years

    January 23, 2026

    Consumer confidence inched up slightly this month despite remaining in negative territory, a leading survey has indicated, indicating a degree of “resilience” despite a decade of consumer pessimism.   The overall index score on GfK’s closely monitored consumer confidence survey rose by one point while feelings about personal finances over the next 12 months edged [...]

  • On this day 1571: The Royal Exchange is opened

    January 23, 2026

    The Royal Exchange was opened by Elizabeth I 455 years ago on this day. Eliot Wilson traces the origins of its success.

  • UK tax regime is forcing pubs to raise pint prices

    January 23, 2026

    Pubs do not want to raise prices, but endless tax pressures are giving them little other choice, writes Emma McClarkin.

  • Millions of parents miss out on free pension cash by overlooking this rule 

    January 22, 2026

    Millions of UK parents are missing out on hundreds in free pension cash after being left in the dark by employers about a pension rule for new parents. While most parents are aware of child benefits and junior ISAs, many are losing as much as £720 per year after overlooking a far less familiar perk. [...]

  • Where does Britain stand in the New World Order?

    January 22, 2026

    A new world order has been declared and described by Canada’s Mark Carney. Is he right, and if so, is there room in it for Britain? Davos, that alpine gathering of the great and the good, is normally a predictably dull affair. To give you a flavour of its worthiness, consider the formal title for [...]

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