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      John Healey ‘poised’ to target banks with Budget tax raid

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UK economy

  • Starmer pledges to ‘rebuild our economy’ with decade-long local growth plans

    May 13, 2024

    Firing up the UK’s regional prosperity will be key to Labour’s plans to “rebuild our economy”, Sir Keir Starmer has said, as he called for mayors to deliver 10-year local growth plans.

  • Dedicated civil service equality jobs face axe, ‘common sense’ minister announces

    May 13, 2024

    Civil service jobs solely dedicated to equality, diversity and inclusion (EDI) are set to be axed, the minister for ‘common sense’ has announced.

  • Deals help FTSE 100 group Diploma to growth as London firm scales new highs

    May 13, 2024

    Diploma has annocuned a bumper first-half trading update.

  • London’s strength suggests economic recovery has further to run

    May 13, 2024

    "The sharp and quicker expansion in the capital also supported growth in activity across the UK as a whole," Catherine van Weenen, territory head of commercial mid market at NatWest, noted.

  • FTSE 100 today: London markets set to hold strong in bull rally ahead of UK jobs data

    May 13, 2024

    Asian markets started cautiously, while China's CPI rose for the third month. Investors now await US inflation data and Walmart's earnings.

  • This Time No Mistakes: The big challenge facing Keir Starmer

    May 11, 2024

    When Labour gets into power, it cannot just pull a lever marked 'investment'.

  • Banks divided: Interest rate decision sparks debate over timing – June or August?

    May 10, 2024

    Investment banks are divided on when the Bank of England (BoE) may execute its initial rate cut.

  • ‘Back with a bang’: Is the UK economy back on track after GDP data?

    May 10, 2024

    The figures mean the UK grew at the joint fastest rate in the G7, surpassing the US and tying with Canada.

  • Recession over as UK GDP grows faster than expected in first quarter

    May 10, 2024

    Economists think the UK will grow 0.4 per cent this year, although the Office for Budget Responsibility (OBR) expects a 0.8 per cent expansion.

  • FTSE 100 today: London markets set to extend bull run on renewed global rate cut optimism

    May 10, 2024

    Asian markets surged with Wall Street, reflecting growing investor confidence, with Europe, including London, set to follow.

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