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UK economy

  • Listed companies shouldn’t be excluded from Burnham’s Scale-Up Fund

    October 1, 2026

    Backing Britain’s future through initiatives like the Scale-Up Fund means backing its public growth companies too, writes Danny Lopez.

  • UK bank lending growth to fall to three-year low

    October 1, 2026

    Growth in UK bank lending is forecast to stall in the coming years as borrowers feel the pinch of uncertain economic conditions. Lending growth is expected to slow this year to 2.9 per cent before dropping to a three-year low of 2.2 per cent in 2027, according to figures from EY.  The figures mark a [...]

  • Bring ‘punishing’ high street taxes in line with banks, Healey urged

    October 1, 2026

    John Healey has been urged to bring down the “punishing” tax burden facing the retail and hospitality industries, which is higher than any other sector. Hospitality businesses pay 82p in taxes for every pound and retail pays 72p, compared to the 40p paid by banks, according to new analysis by the British Retail Consortium (BRC) [...]

  • AI voice firm Elevenlabs hits $22bn valuation in fresh boost for UK tech

    September 30, 2026

    London-based ElevenLabs has hit a $22bn (£16bn) valuation after completing a $300m employee share sale, marking another sharp jump in value for one of Britain’s fastest-growing AI firms. The voice AI group’s valuation has doubled since its $11bn Series D in February, when it raised $500m, and is now more than 2,000 times the $9m [...]

  • Britain’s oldest brewery mulls future as cost pressures bite

    September 30, 2026

    The family-run company behind Britain’s oldest brewery is exploring its future after wrestling with soaring costs and sliding sales. Shepherd Neame, which was founded in 1698 in Faversham, Kent and is the firm behind classic British beers Spitfire, Bishop’s Finger and Whitstable Bay, said it had begun a strategic review into its brewing operations “to [...]

  • Andrew Griffith: Burnham’s only belief is that the state knows best

    September 30, 2026

    Andy Burnham has offered up a ten-year plan for socialism. Conservatives would do things differently, says Andrew Griffith I sat down to watch Andy Burnham’s conference speech on Tuesday with trepidation but a genuine interest in what he was going to lay out for people who create jobs, take risks in starting their own businesses [...]

  • Lisa Nandy admits ‘problem’ with Ofcom enforcement of online safety rules

    September 30, 2026

    Lisa Nandy has admitted there is “a problem” with Ofcom’s ability to enforce online safety rules as she signalled further regulation of tech firms beyond the government’s under-16 social media ban. “Laws are only as good as the ability to enforce them”, the culture secretary said, as she called for a more active role for [...]

  • Burnham grid shake-up offers data centres escape from power queue

    September 30, 2026

    Britain’s data centre developers could be handed a new route around years-long waits for electricity under Andy Burnham’s plan to open up the power grid to competition. The prime minister unveiled Great British Grid (GB Grid) on Tuesday, a publicly owned arm of Great British Energy that will aim to challenge existing network operators and [...]

  • Motonovo hikes motor finance provision as buyers circle Aldermore

    September 30, 2026

    Car finance firm Motonovo has ramped up its provisions for the motor finance scandal as top banks and private equity firms explore a takeover of its parent company Aldermore. The Cardiff-headquartered company recognised a £153.2m charge in its latest accounts for historical motor finance commissions. This was more than double the £60.6m recorded last year.  [...]

  • Zilch leaning towards London IPO as UK fintech calls in bankers

    September 30, 2026

    UK fintech Zilch is leaning towards a public debut on the London Stock Exchange as it kickstarts plans for a potential $2bn listing as soon as next year. The payments firm, founded in London in 2018, views London as the favoured venue for a listing, likely to take place in the second half of 2027 [...]

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