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UK economy

  • Greggs shares tumble as baker gets burnt by flaky economy

    January 8, 2026

    Shares in Greggs took a tumble on Thursday morning after “disappointing” sales growth from a subdued economy left investors with little to cheer for. The chain’s total sales in the golden quarter rose 7.4 per cent as it opened 207 new shops in the last 12 months leading to a net gain of 121 new [...]

  • House prices expected to rise in 2026 after December dip

    January 8, 2026

    UK house prices slipped slightly in December, as affordability issues and the fallout from the Autumn Budget dampened buyer appetite, but industry figures expect the market to pick up in 2026. House prices fell 0.6 per cent in the final month of 2025, bringing prices down by a further £1,789, following a 0.1 per cent [...]

  • Labour MP Callum Anderson: Securing Starmer’s visit to London Stock Exchange took months

    January 8, 2026

    We dig into the memory bank of the City's great and good. Today, it's Labour MP and former London Stock Exchange adviser Callum Anderson.

  • Rent control law to ‘knock £11bn’ off commercial property 

    January 8, 2026

    New legislation introducing rent controls could lead to £11bn being stripped from commercial property values, fresh analysis has shown, in the latest blow to the confidence for investors. The government is proposing a ban on upward-only rent hikes on commercial property in a bid to support small businesses with costs.  The proposed ban can be [...]

  • Are we facing an AI jobs apocalypse?

    January 8, 2026

    Police in Cornwall are on the hunt for a masked vandal seen on CCTV spraying “AI will take our jobs” across multiple sites in the villages of Polbathic, Widegates and Crafthole. Is this vigilante right to warn us all? Ask Chat GPT whether AI will lead to a jobs apocalypse and the answer is suspiciously [...]

  • UK fintech stamps its authority on Europe but faces global threats

    January 8, 2026

    The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]

  • Labour urged to ramp up defence spending 

    January 7, 2026

    The Labour government is being urged to ramp up defence spending at a faster pace as opposition party leaders warned threats to Greenland, Ukraine and Nato required Keir Starmer to take swift action.  Tory leader Kemi Badenoch and Liberal Democrat leader Ed Davey were among those demanding the government to bring forward a 2034 deadline [...]

  • Waterstones books Rothschild as IPO plans ramp up

    January 7, 2026

    The owner of Waterstones is preparing to appoint Rothschild to advise its multibillion-pound flotation later this year, offering the clearest sign yet that London could turn the page on a dire run of form if it edges out New York for the listing. Elliott Management, which owns Waterstones and its US sister Barnes & Noble, [...]

  • Christmas grocery shopping hits fresh high while Brits make budget trimmings

    January 7, 2026

    Brits splashed out on groceries in the run-up to Christmas but watched their budgets more than ever, as own-brand products and cut-price veg caught the eyes of shoppers.  Festive grocery sales increased by 3.8 per cent on the previous year, as Brits spent a record £13.8bn on Christmas supermarket shops amid moderately easing retail inflation [...]

  • Starmer summons business chiefs to join China trip 

    January 7, 2026

    Downing Street officials are asking business leaders to join Keir Starmer on a visit to China later this month, it has been reported, amid tensions over the approval of its mega embassy near the City of London.  The government is still looking to gather new business representatives to accompany Starmer to Beijing despite some concerns [...]

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