Construction in worst downturn for five-and-a-half years December 4, 2025 The construction sector suffered its worst downturn in output for five and a half years last month, new figures have shown, in a warning to the Labour government as it hopes to build 1.5m homes by 2030. A monthly S&P Global survey showed that the decline in output rapidly accelerated over the month, with the [...]
Butlin’s back in profit after losing almost £75m December 4, 2025 Butlin’s has recovered from losing almost £75m to return to the black during its latest financial year, it has been revealed. The holiday resort chain has posted a pre-tax profit of £28.3m for 2024, according to new accounts filed with Companies House. That comes after Butlin’s fell to a pre-tax loss of £74.2m for 2023. [...]
Growing threats to UK financial stability December 4, 2025 What keeps you up at night? For the governor of the Bank of England it’s a long list of threats to the UK’s financial system – so let’s take a look at them. The Bank of England’s latest financial stability report makes for a sobering read. It says “risks to financial stability have increased during [...]
International SOS Risk Outlook 2026: Uncertainty Shaping the Pace of Preparedness December 4, 2025 Updated Global Risk Map Released
Profit rockets at Lord Alan Sugar’s property empire December 4, 2025 Profit at Lord Alan Sugar’s property empire has rocketed after the sale of two investments despite a “difficult” London market. Amshold has reported a pre-tax profit of £14.1m for the 12 months to 30 June, 2025, new accounts filed with Companies House show. The new total comes after the firm turned a pre-tax profit of [...]
FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO December 4, 2025 Good morning and welcome back to the City AM liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]
The Leaky War: How Rachel Reeves and the OBR came to blows December 4, 2025 Between 5:16am and 11:30am on the day of the Budget, as Rachel Reeves was putting the finishing touches to her House of Commons speech, 7 audacious internet users made 44 attempts to break into the servers of Britain’s fiscal watchdog to get an early glimpse of her plans. An hour before Reeves stood up in [...]
Unemployment nightmare is entirely Labour’s fault December 4, 2025 Rising unemployment is a double evil; it both reveals problems in the economy and exacerbates them. Unemployment has risen every month since Labour returned to power, and the number of people out of work will soon hit levels last seen during the pandemic. Last month, the rate of job losses was at its fastest for [...]
No future: is Britain losing hope? December 4, 2025 Britain faces a deep, decade-in-the-making crisis of hope, as rising costs, stagnating opportunities, and widening structural failures leave both young and middle-class people feeling trapped, disillusioned, and asking if a viable future in the UK is still possible, says Eliza Filby Throughout my conversations in recent months it’s become clear to me that the country’s [...]
Reeves has instigated a wealth and talent exodus: welcome to REXIT December 4, 2025 This year has seen the biggest single wealth exodus ever recorded, and they are taking an estimated $91.8bn USD out of the country with them, writes Jamila Robertson Rachel Reeves’ now historic Budget carried on where her last left off – bruising business, threatening jobs and further squeezing working people. It raised taxes by £26bn; [...]