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UK economy

  • Britain does not have to accept industrial decline

    January 9, 2026

    Britain's industrial decline was not inevitable. It's time to revive Britain's industrial economy as a national priority, writes Rian Chad Whitton.

  • Pound to suffer ‘until May’ amid Starmer leadership troubles

    January 9, 2026

    Sterling will suffer from speculation over Keir Starmer’s leadership until at least the May elections, economists have predicted, with 2026 tipped to become another year where Westminster infighting sparks City jitters.  Analysts at Investec have suggested that the further strengthening of the pound will be held back by continued questions over Starmer’s authority across the [...]

  • Lloyds shares to offer best cash-back rate in Europe, analysts say

    January 9, 2026

    Lloyds shareholders are set for a bumper few years as analysts predict the bank will continue to splash cash on dividends and buybacks. The bank has been tipped to move to a half-year buyback, in a move that will majorly ramp up the money it hands back to investors. In 2025, Lloyds beat out its [...]

  • On this day 1799: Britain’s first income tax

    January 9, 2026

    On this day, 9 January 1799, Britain introduced its first 'temporary' income tax. Workers have been vexed ever since, writes Eliot Wilson.

  • Sainsbury’s shares dip despite £800m shareholder payout plan

    January 9, 2026

    Sainsbury’s share price has dipped by over 4 per cent on Friday morning following its Q3 results, which revealed grocery sales at the FTSE 100 giant grew by over 5 per cent during the festive period. The boss of the supermarket chain said it “won grocery market share for the sixth consecutive Christmas” after grocery [...]

  • City pushes back against closer ties with EU

    January 9, 2026

    Keir Starmer’s plan to foster closer economic ties with the European Union is likely to exclude financial services after senior City figures pushed back against the reintroduction of EU regulations. The prime minister has called for “closer ties” with the EU in a bid to boost economic growth, with senior cabinet members including justice secretary [...]

  • Glencore shares surge after FTSE 100 miner merger talks revealed

    January 9, 2026

    The global mining landscape is bracing for a seismic shift after Rio Tinto and Glencore confirmed they are in talks regarding a potential merger. A tie-up between the two FTSE 100 titans would create the world’s largest mining entity, boasting a combined enterprise value of approximately £190bn. Glencore shares rallied nine per cent in early [...]

  • FTSE 100 Live: Sainsbury’s and Unite dish shareholders cash; Mining merger talks

    January 9, 2026

    Good morning and welcome back to the City AM liveblog. It was Britain’s retail sector taking centre stage yesterday amid a fresh influx of corporate updates that gave a snapshot of the industry’s December performance. Tesco came out swinging, revealing its market share had climbed to the highest in 10 years after a Christmas sales [...]

  • London arts sector must learn to speak corporate to save itself

    January 9, 2026

    To protect the vital arts sector, London's creatives must learn the corporate walk and talk, writes Austin Casey.

  • Fiscal rules are a ‘self-awarded badge of honour’ that ‘make no difference’

    January 9, 2026

    Fiscal rules are “largely ineffective” and fail to impose discipline on public expenditure, a new report has said, bringing into question claims made by UK Chancellors and the International Monetary Fund that a clear list of targets can stabilise public finances.  Chancellor Rachel Reeves has held up her “iron-clad” fiscal rules, which hinge on changing [...]

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