UK government borrowing exceeded expectations in October, with benefits and public sector wages intensifying pressures on the public purse ahead of Rachel Reeves’ Budget next Wednesday. The Office for National …
Financial Planning
Make the OBR boring again
The OBR should be independent, trusted and uncontroversial – so it needs a rules-based framework in which to operate, otherwise it will continue to come under attack, says David Aikman …
London’s largest sub-region: Why thinking locally could propel growth
Comprising nine London boroughs, Local London contributes £60bn to the economy annually, yet remains overlooked, writes Local London chair Cllr Anthony Okereke London’s economy has been stagnating for over a …
Consumer confidence is ‘bleak’ ahead of Budget
Consumer confidence has cratered ahead of the Budget according to a leading survey closely monitored by policymakers at the Treasury and Bank of England. The GfK consumer confidence barometer has …
Reeves vows to halve consultancy bill, but government can’t track its spending
Despite the government setting an ambitious target to halve overall spending on consultants, a new report suggests, the lack of consistent data hinders efforts to track progress toward spending targets. …
Labour hopes AI will save UK economy from jobs crisis
The government has announced a sweeping package of AI investment intended to create thousands of new jobs across the UK, at a time when businesses warn that rising employment costs …
UK founders slam Labour as “anti-business”
UK founders are increasingly losing confidence in Labour’s approach to businesses, as they brace for potential tax rises in the upcoming Autumn Budget. According to the latest survey from entrepreneur …
Birmingham City’s 62,000-seat stadium with 12 chimneys and sky bar
Birmingham City have revealed plans for a new 62,000-capacity stadium with 12 brick chimneys, a retractable roof and movable pitch. The stadium, when completed in time for the 2030-2031 season, …
EMVCo Working on How Global Specifications Can Support Agentic Payments
EMVCo – the technical body that creates and manages EMV® Specifications and programmes that enable seamless and secure card-based payments worldwide – has announced that it is working on how …
Massa’s £64m damages claim vs F1, FIA and Ecclestone can go to trial, judge says
Felipe Massa’s £64m damages case against Bernie Ecclestone, the FIA and Formula 1 can go to trial, a judge has said. The case in London’s High Court involves former Formula …