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UK economy

  • Labour talked big, but London housing starts are worst since WW2

    January 13, 2026

    Labour may have talked big on housing and planning reform, but the figures don't lie, writes Emma Revell.

  • HENRYs set for further Budget blow as more dragged into £100K tax trap

    January 13, 2026

    Thousands more UK workers are set to be pulled into the £100,000 tax trap as high earners brace for a further financial squeeze. The number of Brits earning six-figure salaries is set to surpass two million for the first time according to estimates from HMRC obtained by Rathbones, leaving more high earners to face the [...]

  • London families to shoulder nearly a quarter of all inheritance tax bills 

    January 13, 2026

    Families in London and the South East coughed up nearly half of all UK inheritance tax receipts, amid a continued climb in property prices. Londoners paid the greatest share of the unpopular levy, at 23 per cent, narrowly ahead of the South East at 22 per cent. This was followed by the South West, but [...]

  • Immigration law firm put up for sale on insolvency market amid visa crackdown

    January 13, 2026

    A London law firm specialising in immigration services has been put up for sale on an insolvency marketplace in an early sign the government’s crackdown on visas has sparked a slump in applications. Woolwich-based A Vincent Solicitors, which employs more than two dozen staff and has a second office in Manchester, offered multi-lingual support services [...]

  • Stride vows to protect OBR in new dividing line with Farage

    January 12, 2026

    Shadow Chancellor Mel Stride has vowed to protect the Office for Budget Responsibility (OBR) in any future Conservative government, drawing a dividing line with Reform’s Nigel Farage on approaches to controlling public finances.  Stride is expected to re-establish the Conservative Party’s firm commitment to maintaining the fiscal watchdog as an independent body scoring the effects [...]

  • Hargreaves Lansdown swipes new chief executive from Vanguard

    January 12, 2026

    Britain’s biggest investment platform has poached a senior member of tracker funds giant Vanguard to be its new chief executive. Hargreaves Lansdown has appointed Matt Benchener as chief executive officer from July 2026, subject to regulatory approval. Benchener runs Vanguard’s personal investment business in the US, which has several million clients, and will join the [...]

  • Reeves’ VCT changes ‘could put start up funding at risk’

    January 12, 2026

    Chancellor Rachel Reeves’ shake-up of venture capital tax rules could leave UK start-ups facing a shortfall of millions in funding, a leading investment platform has warned. According to Wealth Club, the chancellor’s changes to venture capital trust tax relief in last year’s Autumn Budget could see British start-ups and scale-ups face a funding deficit of [...]

  • Women and Gen X are feeling blue on their finances for 2026

    January 12, 2026

    UK adults have reported feeling upbeat about their finances for the year ahead, but women and Gen X do not share the positive sentiment. Six in ten adults said they felt positive about their financial situation going into 2026, maintaining last year’s results and up from the 52 per cent reported in 2024, according to [...]

  • How day one sick pay will change hiring behaviour

    January 12, 2026

    Few employers disagree with the objectives of day one sick pay, but there could be adverse impacts on hiring behaviour, writes George Reed.

  • From Brexit to Berne: Financial services enter a new era of global cooperation

    January 12, 2026

    2026 will be a year for collaborating with international partners to tackle shared challenges, reduce cross-border financing barriers, and promote investment, says Dame Susan Langley Henry Ford once said that “coming together is a beginning, keeping together is progress, but working together is success”. As global ambassador for the UK’s financial and professional services sector, my goal for 2026 is [...]

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