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UK Government

  • Ofwat to be replaced with ‘new regulator’ amid Thames Water crisis

    Water

    Ofwat, the water watchdog, is expected to be abolished and replaced by a new body next week after facing intense scrutiny over sewage firms and the poor performance of major companies including Thames Water, according to reports.  A consultation on the creation of a new regulator is expected to be announced next week after results [...]

  • Doctors strike: Streeting floats student loan write-off in BMA meeting

    Politics

    Wes Streeting could offer to write off student loan debt for doctors to persuade the British Medical Association (BMA) to call off a planned strike.  The idea came up in an extended meeting between the health secretary and the medical union, just a week out from a five day walkout which could involve as many [...]

  • UK’s mid-sized firms at fastest growth since Labour elected

    Economics

    Middle-market businesses are growing at their fastest rate since Labour was elected last July, fresh research has suggested, as UK bosses shake off cost increases in taxes and utility bills.  Labour has made economic growth a central mission in government, with small and medium-sized firms highlighted as key to driving national income.  Fresh research by [...]

  • Government must ‘take its head out of the sand’ after jobs plunge

    July 17, 2025

    Small businesses have urged the government to “take its head out of the sand” over tax hikes and a flurry of fresh employment regulations after the Office for National Statistics reported another consecutive month of jobs losses. Responding to Thursday’s unemployment figures, the Federation for Small Businesses said the jobs plunge was “disturbing” and that [...]

  • Government to lower voting age to 16 and tighten donation rules

    July 17, 2025

    The government will lower the voting age to 16 at the next election and tighten checks on political donations in sweeping reforms aimed at “restoring trust” in democracy and elections.  In democratic changes led by deputy prime minister Angela Rayner, the government said it would tighten rules on foreign donations to political parties, which it [...]

  • Week in Business: Reeves bets on the banks but economy still hurting

    July 17, 2025

    Rachel Reeves set out to charm the City this week, but elsewhere, the economy is reeling from high taxes and low confidence.

  • House of Lords vote in favour of Tory-backed alternative to ‘day-one’ employment rights

    July 17, 2025

    The House of Lords has voted vastly in favour of a Conservative-led amendment to the 'day-one' rights in the final reporting stage of the Employment Rights Bill

  • Labour minister: UK-EU trade deal could take another year to kick in

    July 17, 2025

    The UK’s trade deal with the European Union, set to ease food standards and align energy markets could still take another year to come into effect, a Labour minister has warned.  In a landmark post-Brexit deal, the UK and EU agreed a deal on food standards to slash red tape for British exporters while giving [...]

  • Rachel Reeves’ tax raid leads to thousands of job losses as wage growth cools 

    July 17, 2025

    Thousands of jobs were lost in June, official data has shown, putting the Bank of England under greater pressure to deal with the consequences of Chancellor Rachel Reeves’ £20bn tax raid at its next interest rates decision in August.  Bank Governor Andrew Bailey has warned that “softening” in the labour market could force rate-setters to [...]

  • Does Rachel Reeves believe in capitalism?

    July 17, 2025

    The Chancellor can’t do the biggest things she needs for growth because she can’t escape her own ideology, says Helen Thomas Spin only gets you so far in the business world. Action has to back up rhetoric or the game will be found out. This is the main difference between business and politics: the former [...]

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