UK suffers second highest fall in wealth of any major economy in 2024 June 19, 2025 Average wealth in Britain fell the second most of any major economy in 2024, according to a closely followed global study, piling fresh scrutiny on the country’s battle to stem an exodus of its wealthiest residents and kickstart its flagging economy. According to UBS’s annual Wealth Report, mean household wealth in Britain fell 3.6 per [...]
Labour must not overlook London when it comes to infrastructure spending June 19, 2025 The Spending Review saw investment in Scotland, the Midlands and the North but this not come at the expense of London, which is essential to the growth of the entire nation. The infrastructure strategy is a chance to correct the course, says Peter Hogg As the economic heart of the United Kingdom, London plays an [...]
The centre-right is in retreat across Europe: here’s how to restore it June 19, 2025 The centre-right dominated post-war European politics, but those days are over. To beat populist insurgents, conservatives must remember the ten Cs, says Joe Harrison Squeezed between Labour and Reform, the Tories are in a desperate struggle for political breathing room. It is tempting to pin this relevance crisis on past blunders – Liz Truss’s infamous [...]
Reeves to invest billions in a new housing bank for UK builders June 17, 2025 The government has announced plans to create a new national housing bank to encourage private investment and boost housebuilders. It says the bank, which will provide £16bn of new public investment, will unlock over £53bn of private investment over the next decade and help to build hundreds of thousands of homes. The £16bn investment includes £10.5bn [...]
Death, taxes and family feuds: Why the UK’s courts are flooded with inheritance tax disputes June 17, 2025 With the rising cost of living, more and more people are relying on inheritance for their financial stability – and much more willing to go to court over a will, says Scott Taylor In an unsettling new trend, approximately 40 per cent of British adults are willing to consider challenging a will in court if [...]
Dunelm’s ‘market-beating’ potential hailed as shares rocket June 16, 2025 Dunelm has been hailed as a “coiled spring” by London broker Peel Hunt amid rising sales and its shares rocketing in recent weeks. The Leicester-headquartered retailer, which is a member of the FTSE 250 index, a “clear moat” compared to its competitors due to a combination of more products, more active customers and a much [...]
Bank of England expected to hold rates at 4.25 per cent June 15, 2025 The Bank of England is expected to hold interest rates at 4.25 per cent after inflation jumped in April and policymakers remain “nimble” to the evolving economic backdrop. Most economists think the Bank’s Monetary Policy Committee (MPC) will opt to keep rates on hold when it meets on Thursday. The MPC has voted to cut [...]
Zelensky warns oil price surge could help Russia’s war efforts June 14, 2025 A sharp rise in global oil prices after Israeli strikes on Iran will benefit Russia and bolster its military capabilities in the war in Ukraine, Volodymyr Zelensky has said. The Ukrainian president told journalists in Kyiv that the surge in oil prices threatens Ukraine’s position on the battlefield, especially because western allies have not enforced [...]
Bob Bob Ricard boss: ‘Champagne is in our DNA’ June 12, 2025 Bob Bob Ricard has become that incredibly rare thing: a London restaurant that hasn’t been forced to close. It has outlasted a financial crash, a pandemic and a cost of living crisis, all because it is very, very good. The dining room is designed to make you feel like you’re careering through Europe on an [...]
Spending Review is a chance to escape managed decline – will Reeves take it? June 11, 2025 Instead of repeating the same lines we’ve heard at every Spending Review since the financial crash, Rachel Reeves should challenge fundamental assumptions about the role of the state, says Joe Hill Today the Chancellor will announce her first full Spending Review – allocating government budgets over the next three years. It’s a defining moment for [...]