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UK economy

  • James Reed: Youth unemployment crisis will have decades-long impact

    February 25, 2026

    Those not working in their twenties are unlikely to start in their thirties. The youth unemployment crisis needs action, writes James Reed.

  • The Debate: Should AI be used to make hiring decisions?

    February 25, 2026

    Would you trust AI to pick out your CV, or should hiring be left to humans? We hear the case for and against in this week's Debate.

  • Politicians and voters must wake up to reality of a zero growth economy

    February 25, 2026

    The past six years have been the worst period for growth in normal peace time since the start of the Industrial Revolution over 200 years ago, says Paul Ormerod The latest estimates from the Office of National Statistics show virtually no growth in the size of the economy in the period October to December 2025. [...]

  • Reeves urged to cut bank tax as UK competitiveness lags

    February 25, 2026

    Rachel Reeves is facing renewed calls to cut tax on the banking sector after new bombshell research laid bare the competitive disadvantage UK lenders are battling against. The Chancellor spared banks from a highly-anticipated fresh tax raid in the Autumn Budget but a new report – penned by the Association for Financial Markets (AFME) and [...]

  • High net-worth confidence slashed by tax changes

    February 25, 2026

    Wealthy Brits’ faith in the UK economy has eroded dramatically in the past six months, as a perfect storm of tax rises, sluggish growth and stubbornly high interest rates continues to eat away at sentiment among affluent households. According to a a regular study of wealthy UK residents, high-net-worth individuals’ overall confidence in the economy [...]

  • Bank of England chief: Interest rate cut is an ‘open question’

    February 24, 2026

    The governor of the Bank of England has said that an interest rate cut in March was an “open question” as policymakers suggested the jobs market would remain weak over the coming months.  Appearing before the Treasury Select Committee on Tuesday, Andrew Bailey said he had not seen enough evidence to back an interest rate [...]

  • Retail investors become largest UK investment owners as wealth managers look elsewhere 

    February 24, 2026

    Retail investors solidified their place as the largest group of investment trust owners last year, as wealth managers and institutional investors decreased their holdings. As of 2025, retail investors hold a combined £50.5bn, equivalent to a 37 per cent stake, according to the latest state of the nation report from Warhorse Partners. This was up [...]

  • If defence is a priority, government must be honest about who pays

    February 24, 2026

    America has made clear that Europe must stand on its own two feet when it comes to national security. But defence ambitions must be reconciled with balance sheets already stretched to their limits, says Helen Thomas The largest build-up of American military assets in the Middle East for two decades alongside last week’s Munich Security [...]

  • UK unemployment will surpass pandemic high, says JP Morgan

    February 24, 2026

    UK unemployment will brush past its peak in the Covid-19 pandemic, Wall Street’s biggest bank has predicted, as employer’s still feel the brunt of Rachel Reeves’ cash grabs. The rate of unemployed Brits is tipped to reach 5.5 per cent by the late spring, according to a forecast by JP Morgan, which would mark an [...]

  • Louise Haigh doubles down on demand for OBR overhaul 

    February 24, 2026

    Former transport secretary and vocal soft-left backbencher Louise Haigh has issued another plea for Chancellor Rachel Reeves to overhaul the Office for Budget Responsibility a week before the Spring Statement.  In a swipe at the Chancellor’s management of the UK economy, Haigh argued that mandating the watchdog to produce five-year forecast windows “risks entrenching decline”.  [...]

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