In the wake of the UK's recent "shock and awe" budget announcement, the financial markets have been closely watching the government bond sector. The latest developments indicate a significant shift in investor sentiment, with demand for government bonds faltering in a post-budget auction. This blog post delves into the reasons behind this trend and its potential implications for the UK economy.
France and Germany criticised Sir Keir’s Starmer plan to tax private school fees. They said the policy could force hundreds of children from international schools, and damage diplomatic relations with
Tony Blair’s think-tank says that a pay-per mile road pricing system should be introduced now. It is also urging the chancellor, to overhaul motoring tax. Rachel Reeves will likely confirm
An engineering bosses’ group forecast that a well-executed Industrial Strategy could spark billions of pounds in investment to bring manufacturing back to Britain. According to a survey conducted by Make
Clare Barclay is the new chief executive at Microsoft UK. She will oversee the British Government’s Industrial Strategy. Barclay is to chair the Industrial Strategy Advisory Council. This council will
Rachel Reeves is unlikely to hit the private equity industry with the 45p top tax rate this month, because she’s looking for to find a compromise deal to close the
TotalEnergies’ chief executive said that the French oil major would reduce its investment in the UK if the government increased the windfall tax. Patrick Pouyanne says the plans of the
The Office for Budget Responsibility’s crystal ball shows that Britain will be a very different place in 50 years. It is indeed grim. The government’s independent watchdog on spending predicts
The Royal Mint has left millions of unwanted 1p and 2p coins languishing in warehouses across Britain, as speculation mounts over the future of copper coins. According to industry data,
The UK government has initiated the hiring process for GB Energy, with plans to reveal the location of the state-owned company’s headquarters in Scotland next month. The Department for Energy
The UK’s commercial real estate market is demonstrating a quicker recovery than its European counterparts after a challenging two-year downturn caused by high interest rates. Recent market data indicates that,
The UK’s water sector is preparing for potential penalties amounting to £2 billion over the next five years, as the regulator Ofwat intensifies efforts to tackle sewage issues. A recent
The UK economy has shown signs of recovery in the first half of 2024, with quarterly growth at 0.6%, an annual inflation rate of 2.2%, and unemployment at 4.2%. However,
Rachel Reeves accused Jeremy Hunt on Monday of lying about the condition of the public finances. This escalated a dispute with the Conservatives, who claimed that they had left a
The pound reached a new high of one year against the dollar after UK inflation data for June came in slightly higher than expected at 2%. The data showed that
Sir Keir has laid out 40 bills that he says will start “a decade of renewal for our nation” in a King’s Speech for economic growth. The plan includes a