Budget 2026: Which taxes will Burnham and Healey hike? August 25, 2026 With interest rates on course to remain elevated and a new government keen to win over sceptical voters with cost-of-living measures, economists think tax rises at October’s Budget are all but guaranteed. But where will the new Chancellor look for revenue? Ali Lyon and Mauricio Alencar examine the most likely revenue raisers. Speak to any [...]
Morrisons pledges to slash prices as price war intensifies August 24, 2026 Morrisons has pledged to match prices with its rivals on hundreds of products, as the debt-ridden grocer ramps up an emerging price war between UK supermarkets. The private-equity-owned supermarket has vowed that 500 of its “everyday essentials” will not be found cheaper at any of Tesco, Sainsbury’s, Asda, Aldi or Lidl. Britain’s supermarkets are fighting [...]
Can debt-ridden Morrisons become a Big Four supermarket again? August 22, 2026 “Nothing but difficult” is how one retail analyst describes the road ahead for Morrisons boss Rami Batiéh. Since taking charge of the grocer in November 2023, the chief executive has faced an uphill battle, as the group – once a firm member of the UK’s ‘big four’ – is outpaced by its rivals. Batiéh, whose [...]
UK economy’s rebound fails to stem two years of mass job losses August 21, 2026 A rebound in the UK economy over August has failed to turn around the country’s flagging labour market after nearly two years of job losses, new estimates have shown. Data tracked by S&P Global suggested the UK’s private sector grew at the fastest pace in four months in August despite concerns around business costs and [...]
Burnham predicted to raise taxes for ‘fundamental’ cost of living support August 21, 2026 Andy Burnham will struggle to deliver “fundamental” cost of living support without raising taxes, economists have warned, after a spike in government bond yields in recent weeks. Higher than expected government borrowing in July has deepened problems for the UK’s public finances, narrowing the range of extra cost of living measures that could be adopted [...]
Consumer confidence extends upward streak in boost to Burnham and Healey August 21, 2026 Consumer confidence rose for the fourth straight month in August in a sign that Brits are buying into the government’s push to tackle the cost of living, a leading survey has suggested. GfK’s consumer confidence index rose to -14 this month, up three points from the net score last month. Consumer confidence has been rising [...]
MACH OE, an Open-Ended Aircraft Fund, Announces the First Aircraft Deliveries August 20, 2026 MACH OE, an open-ended aircraft fund launched in April by Airborne Capital Limited (an aircraft leasing and asset manager headquartered in Ireland; “ACL”), and Mercuria Investment Co., Ltd. (“MIC”), a subsidiary of Mercuria Holdings Co., Ltd. (“MHD”), has recently taken deliveries of 2 x Boeing 737 MAX 9 ’s placed with United Airlines.
House prices in wealthy London boroughs fall by up to £300,000 August 19, 2026 House prices in London’s most sought-after areas plummeted further in June, with the average price in some postcodes falling by nearly £300,000 year on year. London’s average house price slipped by 2.5 per cent to £554,000 in the year to June, according to the Office for National Statistics (ONS). Though this was a softer fall [...]
Supermarkets ‘actively shielding’ shoppers as food inflation falls again August 19, 2026 Food inflation fell again in July to its lowest level in nearly five years, as retailers claim they are “actively shielding” consumers from worse price rises. The rate of food price inflation slipped to 1.3 per cent last month, down from 1.7 per cent in June, to reach the lowest point since September 2021. Industry [...]
Inflation leaps to 2.9 per cent in blow to Burnham August 19, 2026 Inflation has leaped up following the reset of the energy price cap, official data has revealed, marking the likely beginning of a long run of increases in price growth. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation [...]