Reeves is betting big on AI, but does the public back her? December 9, 2025 Rachel Reeves is betting the UK’s economic future on an AI-driven productivity surge, but there are serious questions about the plausibility of this bet given the UK’s weaknesses in implementation, scaling capacity, talent retention and public pessimism, says Paul Armstrong Rachel Reeves has placed an enormous bet on AI rescuing the UK’s dwindling economy. Fraser [...]
Center Parcs: New £450m UK site approved December 8, 2025 A new £450m Center Parcs holiday village is to be constructed in Scotland after the proposals were given the green light. A total of 700 lodges are to be built at the site approximately three miles north of Hawick and 55 miles south of Edinburgh, as well as newly created lochs, nature trails and a [...]
Vedanta Resources Reports Second-Highest Ever Revenue and EBITDA in H1FY26 December 5, 2025 Vedanta Resources Limited (“VRL”/“Company”), world’s leading transition metals, critical minerals, energy, and technology company, delivered robust growth in revenue and EBITDA driven by favourable commodity prices and operational efficiencies. The company reported its second highest ever revenue of US$ 9,367 million in H1FY26, up 8% YoY. The company achieved its second highest ever EBITDA at [...]
FTSE 100 Live: Unilever demerger; House prices hit record high December 5, 2025 Good morning and welcome back to the City AM liveblog. The Autumn Budget started nearly an hour earlier than expected on 26 November after the fiscal watchdog leaked its forecasts for the UK and with it all the Labour government’s economic policy for the next year. But start as you mean to end rings true [...]
Argan, Inc. Reports Third Quarter Fiscal 2026 Results December 4, 2025 Reports Record Backlog of $3.0 Billion
Cash ISA limit cut: why your tax-free savings are still vital December 4, 2025 Chancellor Rachel Reeves slashed the annual limit for cash ISAs. But this isn’t their death knell – they still have a very valuable place as part of a diversified portfolio. It’s all change for ISA limits For many savers, the cash ISA has been a huge success story. It’s given them a lower-risk, tax-free way [...]
Equity fund outflows hit fresh record as Budget uncertainty triggered UK selloff December 4, 2025 Equity funds have suffered their deepest and most prolonged bout of outflows on record with investors pulling more than £10bn in the past six months, fresh figures have revealed. UK-focused funds were the hardest-hit in November after haemorrhaging almost £847m, according to data compiled by global funds network Calastone, with analysts pointing to protracted Budget [...]
Boxing day bounce set to kick-start housing market December 2, 2025 A traditional jump in Brits looking for properties at Christmas is set to boost the UK’s housing market after a slow Autumn. With families gathered, people considering their new year’s housing ambitions, and extra downtime leading to browsing on phones and laptops, estate and letting agents are consistently reporting an uplift in enquiries, according to [...]
OBR warns higher taxes could hit growth ‘by more than expected’ November 29, 2025 Chancellor Rachel Reeves has been warned that increasing the tax burden could leave the Office for Budget Responsibility (OBR)’s key forecasts on shakier ground as it becomes harder to predict how measures hamper growth. In the small print of its Budget report, the fiscal watchdog said increasing the tax take could lead to unforeseen consequences [...]
Salary sacrifice cap will hit ordinary earners hardest, research finds November 28, 2025 Reeves’ crunch Budget measures ranged from freezing income tax thresholds to fresh levies on milkshakes and lattes as she sought to lower the UK’s fiscal headroom. But it was her decision to rip up the salary sacrifice scheme that sparked the largest reaction from employers and employees alike. Under the most popular form of salary [...]