Labour’s growth gamble will decide Britain’s future December 18, 2024 Labour’s plan to invest for growth is Keynesianism 101. Delivering on it will require discipline and competence — recent history gives us plenty of reasons to be sceptical, says Damian Pudner Britain’s economic fortunes have hit a moment of reckoning. Public debt has ballooned to an eye-watering £2.8 trillion, roughly 100 per cent of GDP. [...]
Ministers warned not to cave to ‘short-sighted’ carmakers on EV targets December 16, 2024 The government is currently considering relaxing new rules enforcing certain electric vehicle sales targets each year.
How to make green energy cheap energy December 16, 2024 Green policies don’t win votes unless they cut bills too. Britain has a chance to transform its system to make energy affordable and grow the economy at the same time, says Octopus Energy Generation CEO Zoisa North-Bond The government’s clean power 2030 action plan is looking to ensure the economic benefits of clean energy and [...]
Bank of England set to hold interest rates after inflation jump December 16, 2024 The Bank of England is poised to leave interest rates on hold this week after inflation rose more than expected.
UK inflation expected to rise again in fresh blow to Labour December 16, 2024 Official data this week is expected to show inflation moved further away from the Bank of England's two per cent target in November, dealing another blow to the government after a contraction in GDP.
2025: The year ahead in tech December 16, 2024 2025 will be a defining year for businesses, marked by rapid technological shifts, political uncertainty, increased M&A, and intensifying competition. What else would a look ahead start with other than the much maligned AI? I have said on stage a lot this year I think AI is underhyped despite many saying the opposite. You have [...]
London Stock Exchange suffers biggest exodus in 15 years as former boss sounds alarm December 15, 2024 The former head of the London Stock Exchange Group has warned its flagship bourse has become "deeply uncompetitive" amid its biggest exodus since the financial crisis.
A requiem for UK equity capital markets December 14, 2024 London’s storied status as a global financial powerhouse is slipping away, and with every IPO that doesn’t materialise or company that decamps to the US, it becomes clearer that the City is in its death throes, says Owen Matthews As a former mid-cap ECM investment banker, I’ve watched with despair as the lights dim on [...]
UK economy ‘at risk of stagflation’ as growth stalls under Labour December 13, 2024 Latest official GDP figures show the UK economy has stopped expanding since Labour took power, creating a headache for Keir Starmer after putting growth at the centre of his government’s mission. The economy unexpectedly shrank by 0.1 per cent in October, according to new data from the Office for National Statistics. It missed economists’ expectations [...]
Lendinvest inches closer to profit as fintech eyes housebuilding boost December 9, 2024 Lendinvest is nearing a return to profitability as the property fintech eyes a boost from the new government’s housebuilding plans. The London-listed firm reported a pre-tax loss of £1.7m for the six months to 30 September, 2024, compared to a £15.7m loss during the same period last year. Lendinvest’s bottom line was helped by a [...]