Chancellor Rachel Reeves is reviewing proposals to limit fiscal announcements to a single annual update, aimed at reducing economic uncertainty and avoiding disruptive mid-year tax or spending reversals. The move follows recommendations from the International Monetary Fund and is designed to support long-term planning and stability. Chancellor Rachel Reeves is[Read More…]

The UK economy contracted by 0.1% in May 2025, following a steeper fall in April, raising fresh concerns about stagnation. Chancellor Rachel Reeves is facing mounting pressure to deliver economic stability amid shrinking output, persistent inflation, and global trade threats. The Office for National Statistics (ONS) has confirmed that the[Read More…]

The United Kingdom is facing a slowdown in economic growth, with Treasury forecasts predicting sub‑2 per cent Gross Domestic Product (GDP) expansion next year. Chancellor Rachel Reeves has urged tax cuts to stimulate activity, warning of risks from escalating U.S. tariffs under President Donald Trump that could dent UK exports. The Treasury[Read More…]

Heathrow Airport has submitted plans to the Civil Aviation Authority (CAA) to accommodate up to 10 million additional passengers annually by 2031 through modest upgrades to existing terminal facilities, foregoing the need for a new runway, which is not expected before 2035. The proposal, part of the 2027–2031 regulatory period, hinges[Read More…]

New economic research has revealed that vast areas of the United Kingdom are effectively being treated like “junk bonds” by investors, while London continues to attract disproportionate levels of capital. The findings, published in the journal Fiscal Studies, warn of worsening regional inequality unless bold reforms to the UK’s financial[Read More…]

Plans to introduce regional electricity pricing based on where consumers live have been formally abandoned by the government, following widespread criticism from energy firms and warnings over potential investment risks. The proposal, once backed by Energy Secretary Ed Miliband, aimed to lower bills in areas that generate surplus electricity, such[Read More…]

French energy firm Électricité de France (EDF) has confirmed a major investment of £1.1 billion into the Sizewell C nuclear power project in Suffolk. The move gives EDF a 12.5% stake and marks a significant step forward in the UK’s ambition to secure long-term energy resilience while reducing reliance on[Read More…]

The Bank of England has announced a relaxation of mortgage lending rules to allow lenders to offer more high loan-to-income mortgages, a move aimed at easing the path for first-time buyers. Meanwhile, US chipmaker Nvidia has become the first publicly traded company to briefly reach a $4 trillion market capitalisation,[Read More…]

The Government has abandoned its plans for “zonal pricing” of electricity, opting instead to maintain a single national wholesale price, a decision highlighted as a move to ensure fairness, protect investment, and shield consumers from regional cost discrepancies. Energy Secretary Ed Miliband presented the shift as vital for delivering a “fairer,[Read More…]

Thames Water, the UK’s largest water provider, is considering a last-minute rescue bid led by former Liberal Democrat energy spokesman Lord Rupert Redesdale and private investment firm Muinín Holdings, while regulators also assess a separate £5 billion offer from the company’s bondholders. With nearly £20 billion in debt and repeated environmental breaches,[Read More…]