Iran war could ‘halt growth’ across UK economy August 3, 2026 The Iran war could “halt growth” in the UK economy as the success of Andy Burnham and John Healey’s economic management largely hinges on President Trump’s decision-making, a City firm has warned. Big Four consultancy EY has said that the UK economy could perform better than first expected this year as its growth forecast was [...]
Healey revives ‘price-gouging’ threat as cost of living options narrow August 2, 2026 Chancellor John Healey has revived threats against retailers over profiteering as his cost of living options have narrowed due to problems facing the country’s public finances. Healey warned supermarkets that they would not be able to take Britons “for a ride” as the Treasury would closely monitor “any suggestion” that shoppers were suffering from large [...]
Healey announces early Budget July 31, 2026 John Healey has confirmed he will deliver his first Budget on 28 October as he pledged to “shift power and money out of Westminster”. The Chancellor said on Friday that his first fiscal statement would “back Britain’s communities” setting the stage for a Budget that economists have predicted will be the country’s third in a [...]
2PointZero Group Signals Global Scale With Revenue Surge to AED 21.9 Billion and Net Profit of AED 7.7 Billion in H1 2026 July 31, 2026 Group revenue growth supported by stable gross profit margin of 29%, and adjusted EBITDA of AED 5.0 billion Global expansion milestones include the completed sale of TAQA stake, and the acquisition of Traverse Midstream Partners in North America, Baobab Group in Africa, and 60.8% of ISEM in Italy TIME ranks the Group 36th on the World’s Growth Leaders list for 2026, highlighting market stability, operational scale and disciplined approach to capital
House prices slump as Iran war and interest rates hit demand July 31, 2026 House prices slumped in July after the Iran war and higher interest rates squeezed demand and triggered a slowdown in sales. Annual house price growth slowed to 1.8 last month, down from 2.2 per cent the prior month. Month on month, average house prices remained broadly flat, rising by just £58 to reach £277,542, up [...]
Bank of England holds interest rates but warns of rises to come July 30, 2026 The Bank of England has opted to hold interest rates at 3.75 per cent after the UK economy surprised economists with better results for inflation – though policymakers warned that “policy strategy could change” ahead of a difficult second half of the year for price stability. The Monetary Policy Committee (MPC) held interest rates in [...]
Titan Group: First Half 2026 Results July 30, 2026 Strong sales performance with continued margin expansion, while accelerating the integration of new acquisitions
As it happened: FTSE 100 hits new high after interest rates held July 30, 2026 Welcome back to the City AM liveblog. The Bank of England has held interest rates at 3.75 per cent in a 6-3 split. The City had pencilled in a hawkish hold from the Monetary Policy Committee after inflationary pressures were renewed on the latest round of strikes in the Middle East. Megan Greene, Catherine Mann and [...]
Scotland is a warning of what Andy Burnham’s devolution experiment will look like July 30, 2026 For an idea of what left-wing devolution yields, look no further than Scotland, where SNP statist’s efforts to extort the wealthy have backfired, writes Joseph Dinnage For a socialist, Andy Burnham has a funny approach to central government. Unlike his forebears across the former Soviet Union, southeast Asia and Latin America, the King of the [...]
Greggs eyes 3,500 sites – but its plans could prove to be flaky July 30, 2026 Sausage roll titan Greggs is already a fixture of almost every British high street, but it’s not done yet. Felix Armstrong chews through its latest expansion plans As Brits jet off to Spain for their summer holidays this year, they will be met with a familiar sight as they touch down at Tenerife airport. Beloved [...]