Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget August 13, 2025 Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]
ChatGPT-5 launch took the shine off OpenAI August 12, 2025 Overhype has taken the shine off OpenAI, whose much anticipated launch of ChatGPT-5 left superfans disappointed, writes Paul Armstrong.
The 24-second news cycle has killed off silly season August 12, 2025 In a media landscape fuelled by outrage, the news cycle has no more room for fun or nuance, writes Adam Taylor
Derwent: Central London office rents firmly in recovery August 12, 2025 Derwent London has said the fundamentals of the London office market continue to strengthen despite a “volatile” economic backdrop. London’s office market has been in recovery since the end of last year, with falling interest rates and a return to the office helping to support occupancy. “Demand [is] well above the long-term average and [there’s] [...]
Why business confidence is all over the place August 12, 2025 Kemi Badenoch looked aghast but Keir Starmer was defiant. Business confidence was at a nine-year high, the prime minister declared in the House of Commons in mid-July. The Conservative Party leader was not having any of it. Neither were many economists and analysts watching from the City. What Starmer claimed was not false, per se. Research [...]
Wage growth hits five per cent as more jobs shed August 12, 2025 Wage growth hit five per cent June as more jobs were shed due to higher labour costs introduced by Chancellor Rachel Reeves, official data has revealed. Pay growth excluding bonuses in the three months to June was the same as the month before, according to the Office for National Statistics (ONS), in a caution to [...]
Entrepreneurs no longer need a gap in the market, they just need cash August 12, 2025 Entrepreneurship through acquisition could revitalise the UK's business market, but budding entrepreneurs need cash to do it.
Bank of England interest rate cut offers modest boost for UK SMEs August 11, 2025 The Bank of England’s recent decision to reduce its base interest rate from 4.25 per cent to four per cent marks the first time borrowing costs have fallen to this level since March 2023, offering a modest reprieve for UK small and medium-sized enterprises (SMEs) after two years of elevated rates. According to new analysis [...]
UK economy expected to rebound August 11, 2025 The UK economy is expected to have returned to growth in June after two consecutive months of declines amid concerns about the impact President Donald Trump’s tariffs have had on the economy. Economists polled by Bloomberg expect the Office for National Statistics (ONS) to post UK growth of 0.2 per cent for June when the [...]
Starting pay growth at slowest pace since 2021 August 11, 2025 Pay for new hires rose at the slowest pace in over four years, fresh data has indicated, in signs redundancies and higher taxes are depressing wage growth. The lack of demand among recruiters and the larger number of job seekers in the UK economy has led to starting salary inflation slowing down to its lowest [...]