Keir Starmer has made a series of new appointments that point to his drive to bolster No10’s focus on the UK economy at the expense of the Treasury. Starmer has …
Investing
There are no incentives to buy or move home, Rachel Reeves warned
Chancellor Rachel Reeves has been warned there are no incentives for people to buy or move home and that the Labour government needs to take action to ‘tackle the malaise’ …
Boost pension to avoid retirement poverty graduates warned
Graduates entering the workforce have been urged to begin topping up their pension pot, as retirement poverty worries continue to loom large. Nearly 90 per cent of recent university graduates …
Stamp duty overhaul could save prime London buyers £500k
Buyers of prime London mansions could see huge benefits from a move to an annual property tax, according to new data. Chancellor Rachel Reeves is reportedly considering replacing stamp duty …
The Hundred can be cricket’s equivalent of Wimbledon, says chief
English cricket chiefs want to see The Hundred become its equivalent of Wimbledon as the franchise competition heads for the biggest changes in its short history. The Hundred board, comprising …
Manufacturing recovery collapses amid spiralling costs
Manufacturing output hit a three-month low in August, a new survey has suggested, after early signs in the summer indicated the sector was on a path to recovery. The Labour …
Mortgage approvals rise for third month in a row
Mortgage approvals for house purchases edged up in July, the third month in a row that has seen a rise, official data has shown. Money and credit statistics published by …
McLaren F1 team set for £3bn valuation after stake sale
McLaren F1 is set for a £3bn valuation after two shareholders buy out the minority stakes they don’t already own. The sovereign wealth fund of Bahrain, Mumtalakat, and UAE-based investment …
Outlook for UK economy ‘remains subdued’ as bosses battle cost hikes
Private sector bosses are predicting activity to shrink again over the next three months when a fresh bout of inflation is expected to compound cost pressures hoisted upon them at …
The worrying bond market trend no one is talking about
Spiking interest rates on the UK government’s borrowing costs have set off a fresh wave of commentary on the health of Britain’s economy. Ali Lyon explores why it is only …