‘We welcome Renters’ Rights Bill. It’ll make us up our game’: Goodlord CEO William Reeve July 3, 2025 Bring on the Renters' Rights Bill says Goodlord CEO William Reeve, as he tells us about his career, City highlights and industry changes.
Bank of England policymaker urges faster interest rate cuts July 2, 2025 Bank of England dove Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest rate cuts to allow a “soft landing” on the inflation path. Bank officials voted to hold interest rates at 4.25 per cent in June, with inflation bouncing back up to 3.4 per cent in April [...]
Financial advisers sound alarm on lack of support for SMEs July 2, 2025 Financial advisers have raised concern about the lack of support for small businesses in government policy as firms feel the pinch of economic pressures. Over half of advisers surveyed by alternative lender Thincats branded government policy as unsupportive of small and medium-sized enterprises (SMEs) whilst just six per cent said it was supportive. Small businesses [...]
To find out who’s to blame for economic uncertainty, reeves should look in the mirror July 2, 2025 Household spending is down £50bn since last year. It’s hardly surprising there’s so much uncertainty in the economy given the relentless negativity of the Chancellor herself, says Paul Ormerod Households in Britain are still saving large chunks of their incomes. The Office for National Statistics (ONS) confirmed this week that the percentage of income saved [...]
Badenoch: Welfare ‘fudge’ driven by ‘panic not principle’ July 1, 2025 Kemi Badenoch has branded Labour’s welfare reforms a “fudge” that will fail to curb the government’s spiralling welfare bill on health and disability benefits. MPs are set to vote on work and pensions secretary Liz Kendall’s welfare bill aimed at getting more inactive Brits back into the national workforce by changing eligibility for personal independence [...]
Andrew Bailey warns investment delays hitting UK growth July 1, 2025 Bank of England Governor Andrew Bailey has warned firms are delaying investment plans due to global turmoil, damaging the UK’s economic growth prospects. Markets have restabilised since April when President Trump’s sweeping tariffs threatened to damage international trade while oil prices have fallen since a short-lived conflict between Iran and Israel. But Bailey has warned [...]
Disposable income per head slumps despite economic growth June 30, 2025 The Office for National Statistics left growth figures for the UK economy at 0.7 per cent in the first three months of the year unrevised on Monday. Official data from the ONS showed quarter one’s growth was led by a 1.3 per cent increase in the production sector. Services and construction jumped 0.7 per cent [...]
Private sector braced for sharp decline, CBI warns June 30, 2025 Private sector businesses across the country are braced for a sharp decline in activity in the next three months, the UK’s largest industry body has warned, as Chancellor Rachel Reeves struggles to reverse low business confidence trends. Reeves may have hoped that the industrial strategy, plans on infrastructure investment and pension reforms aimed at boosting [...]
House sales keep increasing but price inflation slows June 30, 2025 Housing market activity has continued at its fastest rate for four years, although with plenty of choice available, house prices are under pressure, according to Zoopla’s latest house price update. Prices grew by 1.4 per cent year on year in May, according to Zoopla’s latest house price index. “There is plenty of demand to buy [...]
Under-21 Euros: England youngsters chalk up wins for Channel 4 June 26, 2025 Channel 4’s punt on England at the men’s Under-21 Euros has already paid off before Saturday’s final, with strong viewing figures for the Young Lions’ knockout games. England’s semi-final win over the Netherlands on Wednesday evening was the most popular programming on UK TV at the time. The 2-1 victory over the Dutch, secured by [...]