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UK economy

  • FTSE 100 Live: OECD slashes UK growth prospects as inflation set to jump

    March 26, 2026

    Good morning and welcome back to the City AM liveblog. The White House’s Press Secretary has said the US is “very close” to meeting its objectives in the Iran war, though offered no specific timeline on when the conflict could come to a close. But Iran’s foreign minister has said the country has “no intention [...]

  • Arm is opening a chip shop. This could be transformative

    March 26, 2026

    Fascinating news came on Tuesday night that semiconductor designer Arm confirmed rumours that it would be launching its own chip. For those not in the know, Cambridge-based Arm has so far only focused on semiconductor architecture – the blueprint that determines how chips work – and then licences that out to tech firms who choose [...]

  • Consumer confidence collapses as Iran war provokes inflation fears

    March 26, 2026

    Brits’ confidence in the state of the economy has plummeted since the outbreak of war in Iran, as shoppers tighten their purse strings amid fears of sharp price rises. Consumer sentiment over the UK’s economy has fallen to its lowest level on record, down from -30 per cent to -53 per cent, according to trade [...]

  • Iran war throws gold’s shine under the spotlight

    March 25, 2026

    The ongoing conflict in the Middle East has thrown gold’s safe haven status into question after the asset suffered a sharp selloff. The price of gold has tumbled by more than 15 per cent since the start of the Iran war, despite holding pre-war levels for the first initial 10 days of the conflict as [...]

  • Caxton extends losses as Iran war slams markets

    March 25, 2026

    London based hedge fund Caxton Associates has extended its losses as the Middle Eastern conflict continues to impact global markets. The fund’s losses rose by more than $1.3bn (£971.1m), with its $9bn macro fund, which is run by chief executive Andrew Law, is down 15 per cent this month to 20 March, according to two [...]

  • Donald Trump is deluded, but so are we

    March 25, 2026

    On the public finances, energy and national security, comforting rhetoric has concealed policy drift that has undermined the status quo it purported to uphold, says Alys Denby Donald Trump’s claims of an imminent end to the war in Iran may bear only a tenuous connection to reality – like his on/off tariff threats – but [...]

  • The Debate: Is employee tracking justified in the modern workplace?

    March 25, 2026

    JP Morgan last week announced it had started using tech to track its junior employees; amid the rise of work from home, is it fair enough?

  • Peter Kyle hints at push for EU customs union return

    March 25, 2026

    Business and trade secretary Peter Kyle suggested joining the EU’s customs union could improve the UK’s economic prospects, with new data suggesting that trade flows in London boomed last year.  After being asked twice whether war in the Middle East provided a stronger case for the UK to join the customs union, Kyle refused to [...]

  • ‘Mortgage mayhem’: Banks’ rates soar past 5.5 per cent amid Iran war volatility

    March 25, 2026

    The UK mortgage market has been flipped upside down with Brits facing higher prices to borrow in the short-term as the Iran war rattles the economy. The average five-year fixed deal for a homeowner has spiked to 5.54 per cent this morning, up from 4.95 per cent at the start of March, according to financial [...]

  • James Reed: V-levels are Labour’s best idea yet

    March 25, 2026

    Middle-class prejudice towards vocational paths has held the UK back. I welcome Labour's V-level push, writes James Reed.

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