Resolution Foundation: Bank of England needs more firepower to fight downturns October 19, 2023 With debt rapidly rising, the think tank warned that the UK would quickly face an unsustainable debt burden without a fundamental reset of fiscal and monetary policy.
Square Mile and Me: Simon Pryke on his journey from paper round to CEO October 19, 2023 Each week we ask a City figure to take a trip down memory lane. Today Simon Pryke, CEO of investment manager Findlay Park, tells us about his time in the Square Mile.
UK entrepreneurs see Labour as ‘party of business’, survey finds October 19, 2023 A survey shows 43% of business leaders feel that Labour understands what their businesses need to succeed, against 26% who did not.
Inflation across the world and in the UK will likely be stuck at a higher rate October 19, 2023 The very forces that kept inflation down - the labour market, less defence spending and energy prices - are now keeping it high and will be with us for years to come.
Record rent rises are an existential challenge for London’s future October 19, 2023 It shouldn’t come as a surprise to anyone who lives in London, but yesterday the capital clocked a record increase in private rental prices, with the cost of leasing a flat in the capital ticking up by 6.2 per cent in the year to September, up from 5.9 per cent in August. It is the [...]
Let’s be honest, culture wars campaigns won’t win voters in a cost-of-living crisis October 19, 2023 Australians just showed us why campaigns based on culture war issues don't work, writes Matthew Lesh
New boss pledges ‘even better’ Heathrow. But former chief’s legacy leaves more questions than answers. October 18, 2023 Heathrow's new boss pledged a "fresh start" for Europe's biggest airport this morning, as he takes charge for the first time.
Triple lock: Pensioners could be set for inflation-busting state pension rise next April October 18, 2023 Under the triple lock, the state pension usually rises each April by inflation, wages or 2.5 per cent – whichever is higher.
UK remains world’s third largest crypto economy, and biggest in Europe October 18, 2023 A Chainalysis update shows the UK remains the world's third largest digital asset economy, and the biggest throughout Europe.
Jump in business rates could be ‘final nail in coffin’ for many pubs and shops, sector warns October 18, 2023 The chief executive for UKHospitailty said the latest inflation reading and could be a “final nail in the coffin" for many businesses