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UK economy

  • FTSE 100 Live: Ofwat £11m fine; Unemployment at four-year high

    December 16, 2025

    Good morning and welcome back to the City AM liveblog. We received another gloomy snapshot of the economy ahead of the ever-important Bank of England rate decision on Thursday. New unemployment data showed another blow for the Labour government, which has denied that its policies have had an on the ailing jobs market. The UK [...]

  • The secret to Reform’s rise? They don’t put their out of offices on

    December 16, 2025

    Reform used the summer holiday vacuum to further their cause, and it's made all the difference, writes Michael Martins in today's Notebook.

  • Why leaking can make for good government

    December 16, 2025

    Mic-drop moments does not a good government make, says Alastair McCapra. He makes the case for political leaking.

  • British pessimism is stalling growth

    December 16, 2025

    British leaders are now the least optimistic cohort internationally, and it's having a real-world impact on growth, writes David Stevens.

  • Subsidised jobs won’t fix youth unemployment

    December 16, 2025

    The young do not need moral lectures. They need chances. And chances come from businesses that are free to hire, free to experiment and free to take risks, not from the state, says Matthew Bowles Last weekend, the Secretary of State for Work and Pensions, Pat McFadden, announced on the BBC’s Sunday with Laura Kuenssberg [...]

  • ‘Picking winners? This is about backing champions’ – Reform’s Zia Yusuf on a radical approach to business

    December 16, 2025

    Reform has by any measure enjoyed an incredible 2025. But for much of the poll-topping year, its economic vision has remained an unknown entity. Ali Lyon met policy chief Zia Yusuf to hear, for the first time, his party’s plans for Britain’s flatlining economy and the millions of businesses in it. Zia Yusuf is feeling [...]

  • Value of UK passport declines sharply under Labour

    December 16, 2025

    The once-coveted British passport has tumbled in value since Rachel Reeves’ “wealth tax” Budget, according to a new report.  In the latest Passport Index, put together by financial advisory firm Nomad Capitalist, the UK’s iconic blue travel document has slipped from 21st place in the previous list down to 35th out of 199 countries.  This [...]

  • Starling revs up Engine with City hiring spree

    December 16, 2025

    Starling is motoring into 2026 with its foot firmly on the pedal, injecting a fresh pump of gas into the group’s technology arm. The UK fintech veteran is planning to shift its software-as-a-service (Saas) banking platform into top gear with a major hiring spree across London.  The platform, known as Engine, is a subsidiary of [...]

  • Inflation to remain sticky before interest rates call

    December 15, 2025

    Inflation is expected to remain stubbornly high in fresh data to be released on Wednesday, adding greater scrutiny to the Bank of England’s upcoming interest rates decision.  Price growth is set to remain at 3.5 per cent in the year to November, a slight fall from the month before, according to consensus established by Trading [...]

  • Business chiefs back Employment Rights Bill progression despite ‘concerns’

    December 15, 2025

    Business leaders have called on parliament to pass the Employment Rights Bill after it secured a compromise on day one rights for unfair dismissal.  Six industry groups have written a joint letter to business secretary Peter Kyle stating their support for parliamentarians to pass the bill.  The letter now puts pressure on crossbench peers and [...]

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