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      Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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UK Government

  • John Caudwell: Britain needs more employment, not more employment law

    November 13, 2025

    The Employment Rights Bill shift the balance too far in favour of workers at the expense of bosses, and will strangle job creation as a result, says John Caudwell As an entrepreneur, I built successful businesses that employed many thousands of people. That experience taught me two things. First, Britain’s prosperity depends on successful employers [...]

  • Reeves to put brakes on Cycle to Work scheme in blow to City

    November 13, 2025

    Chancellor Rachel Reeves could slam the brakes on the Cycle to Work scheme at the upcoming Budget in a blow to City commuters, it has been reported.  The Chancellor is expected to cut tax benefits on salary sacrifice schemes, including in the buying of expensive bikes, according to a report in the Financial Times.  “Cycle [...]

  • Christmas comes early for Young’s as party bookings surge

    November 13, 2025

    One of the UK’s biggest pub groups has seen a surge in festive parties as the London-listed firm reported rising sales. Young’s, which operates nearly 300 pubs across London and the south of England, reported a 22 per cent rise in Christmas bookings compared to last year. “Christmas seems to be getting bigger every year,” [...]

  • Rolls-Royce: FTSE 100 giant eyes major profit boost

    November 13, 2025

    FTSE 100 giant Rolls-Royce said it expects profit for the full-year to be 26 per cent higher than the previous financial year after a hefty boost from its civil aerospace and defence divisions. The Derby-headquartered group is eyeing an operating profit of £3.1bn to £3.2bn after upgrading its earlier guidance of £2.7bn to £2.9bn. This [...]

  • UK economy barely grows in third quarter

    November 13, 2025

    The UK economy grew at a more sluggish pace than expected in the third quarter of the year amid a pervasive sense of gloom across the country ahead of the Budget.  The Office for National Statistics (ONS) said there was 0.1 per cent GDP growth between July and September, triggering fears among City analysts that [...]

  • FTSE 100 Live: Economy grows 0.1 per cent; Rolls-Royce eyes profit jump

    November 13, 2025

    Good morning from the City AM liveblog team. The FTSE 100 is inching a step closer to the magic 10,000 mark after almost a year of outperforming counterparts across the Atlantic. London’s blue-chip index managed to rally to a 0.12 per cent gain in yesterday’s session closing at 9,911.42p. In the afternoon, it inched to a [...]

  • Squint hard enough and you can see signs of the AI bubble bursting

    November 13, 2025

    Is the AI bubble bursting? Naturally, most eyes are on the movements of the world’s biggest tech firms – the OpenAIs, the Microsofts, the Nvidias. These are, after all, where a large share of AI investment has been deployed. But for the earliest tell-tale signs, it’s worth looking a lot further down the food chain.  [...]

  • Business leaders bemoan Budget uncertainty as tax hikes loom

    November 13, 2025

    Business leaders up and down the country have poured scorn on the Chancellor after months of Budget uncertainty damaged consumer confidence and forced firms to hold off key investment decisions. Scores of chief executives, from retail to hospitality to telecoms and manufacturing, have voiced their concern over the lack of a clear fiscal plan after [...]

  • How did South Korea clinch the top spot in global markets?

    November 13, 2025

    Stock markets across the globe have shrugged off months of geopolitical and economic turmoil with all major indexes rallying since the start of the year. The FTSE has risen 19.8 per cent since January, hitting record highs,while the Nasdaq has jumped 21.7 per cent buoyed by the AI boom, and Japan’s Nikkei 255 reaped the [...]

  • Starmer promised a calmer politics – how’s that working out?

    November 13, 2025

    They say that if you’re explaining, you’re losing. That quote, attributed to Ronald Reagan, came to mind yesterday as I watched Keir Starmer squirm his way through howls of laughter in the House of Commons as he insisted “we are a united team.” This was fish in a barrel stuff for Tory leader Kemi Badenoch, [...]

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