Spending Review: IFS chief suggests Treasury ‘making up numbers’ over DOGE-style Whitehall cuts June 12, 2025 The Ministry of Defence and Department for Health and Social Care are slated to see billions cut in Whitehall budgets in what a DOGE-style body within the Treasury described as “efficiency gains” – despite both departments set to see a real terms increase in spending between 2026 and 2029. A new government document has revealed [...]
London Tech Week day 4: Why deeptech will define the UK’s economic future June 12, 2025 On day 4 of London Tech Week attention turned to deeptech, writes Russ Shaw In the second half of London Tech Week, the focus shifted from the strengths of London today to the promise of tomorrow. Today I had the pleasure of visiting the Royal Aeronautical Society, which embodies the rich history of British innovation [...]
UK housing market: ‘Not fixed, but less broken’ June 12, 2025 Decades of underinvestment, underbuilding and overegulation have clobbered the housing market. The UK is now short about 4.3m homes, with the worst crisis in cities. Labour, which made solving that crisis a central mission of its first year in government, has made tracks to get Britain building again – reforming planning, trying to bridge the [...]
World Cup of Darts prize money: How much Northern Ireland won June 12, 2025 One of darts’ great spectacles takes place over the next couple of days: the World Cup of Darts. But how much prize money do you make if you win it? Darts sensation Luke Littler will make his World Cup of darts debut this week in Frankfurt as he joins great rival Luke Humphries in a [...]
Week in Business: Is Rachel Reeves About to Drop a Tax Bombshell on the UK Economy? June 12, 2025 Despite talk of growth and renewal, the economic warning lights are flashing, and experts now predict another £20bn tax raid.
The Capitalist: Reform chairman recalls encounter with evil spirits June 12, 2025 Baby bans, fake news and paranormal activity at Reform. Catch up on the latest gossip in this week's instalment of The Capitalist.
London broker upgrades landlord GPE on expected surge in prime office rents June 12, 2025 London broker Peel Hunt has upgraded the target share price for West End property giant Great Portland Estates (GPE) as high demand for best-in-class office space is set to push up prices. GPE’s share price was 342p as of the close on June 11, but Peel Hunt brokers have set a target price of 375p. [...]
How to earn £15,000 during Queen’s and Wimbledon Championships June 12, 2025 Walk out of Barons Court tube station – via your preferred District or Piccadilly line train – turn right and within 100 yards you’ll see the HSBC red colour scheme branded across a sign that welcomes you to Queen’s Club. Because this and next week, in the leafy London Borough of Hammersmith and Fulham, the [...]
Our economy remains in a perilous state June 12, 2025 With the long-awaited Spending Review, the UK Chancellor finally gets to reveal the goodies rather than simply be the baddie. But there will be one question lurking behind every line item, behind every pound pledged and every Treasury footnote: how are you going to pay for it?
‘I tried to warn them, but no one listened’ – one man’s crusade against HS2 June 12, 2025 “History will not be kind to those who, if it is pursued, push through this silly scheme.” It is not far off a decade since Lord Framlingham decided to take drastic action against HS2, the deeply troubled high-speed rail project connecting London and Birmingham. The former commons deputy speaker staged a last-ditch attempt to kill [...]