UK economy sees zero growth amid Labour’s summer troubles September 12, 2025 The UK economy failed to grow in July, according to official data, with the Labour government struggling to drive growth despite its core commitment to do so. The Labour government has doubled down on its “growth mission” by making a string of new economics-focused appointments across ministerial and advisory roles, and establishing a business-friendly board [...]
FTSE 100 Live: UK GDP flatlines, Big Technologies shares tumble after legal twist September 12, 2025 Good morning from the City AM liveblog team. UK GDP flatlined in July, latest figures from the ONS show, in another setback for the Chancellor in delivering on her pledge to grow the economy. The FTSE 100 is fighting through the noise as it opened above 9,300 this morning, rising by 1.2 per cent in [...]
US inflation jumps to 2.9 per cent, setting up key rate decision September 11, 2025 US inflation edged up to 2.9 per cent in August, leaving the Federal Reserve with a difficult decision to make on interest rates next week and all but vanquishing any chance of a ‘super-sized’ 50 basis-point cut. The Bureau of Labor Statistics said on Thursday that the annual consumer price index (CPI) figure for inflation [...]
Reeves, beware the bond vigilantes: the dark knights of the City September 11, 2025 As UK 30-year gilt yields surge to record levels, Tim Focus warns Chancellor Reeves of the threat of bond vigilantes.
Carlton Club in the red as it counts the cost of Labour’s victory September 11, 2025 The Conservative Party stronghold, the Carlton Club, has fallen into the red as it counted the cost of Labour’s victory in last year’s general election. The private members’ club, which was the original home of the party, said it lost out on revenue after “functions declined due to the cancellation of political events following political [...]
Britain’s Milei revolution starts here September 10, 2025 Fighting for a Free Future is a new movement to shift the UK’s political debate towards liberty, low taxes, and smaller government in order to avert what they describe as an imminent fiscal crisis caused by state overreach and unsustainable spending, writes Steve Baker This week, I launch a new movement – Fighting for a [...]
ABF: Primark owner’s shares sink as sales slow at FTSE 100 giant September 10, 2025 Shares in Primark owner Associated British Foods (ABF) have plunged after posting what analysts branded a “mixed bag” of results. The FTSE 100 warned that challenging conditions were weighing on the company’s trading, listing consumer caution, geopolitical uncertainty and inflation as top factors. Shares plunged 13 per cent on the news to their lowest value [...]
Tube strikes driving you to drink? Good luck finding a pub that’s still open September 10, 2025 It’s not just frazzled commuters who’re suffering during the tube strike. London’s pubs – already under intolerable pressure from crushing business rates and burdensome and costly regulations – are taking another hit, says Emma McClarkin Listening to the radio this morning pushed home the far-reaching impact of the tube strike. We heard about a mother’s [...]
CBI boss calls for Rachel Reeves to break Labour’s tax pledge September 10, 2025 The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]
Hard truths from Lord Rose and Badenoch the thorn September 10, 2025 Yesterday was a day for hard truths and straight talking. It began with City veteran Lord Rose who said the UK is “at the edge of a crisis.” The former M&S chief and Asda chair said that after working for more than 50 years, and despite a predisposition to optimism, he looks at the state [...]