Rachel Reeves, the Shadow Chancellor, faces growing pressure from Labour MPs to detail a comprehensive plan for overhauling the business rates system. This follows her commitment made during the general
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Peter Kyle, the Business Secretary, is considering the introduction of legislation to prohibit non-compete agreements in the United Kingdom. These contracts currently impact approximately five million workers, primarily in sectors
The UK economy is currently grappling with significant challenges related to student debt, raising concerns among economists and policymakers alike. The increase in debt levels is primarily attributed to the
Rachel Reeves’s ambitious £45 billion rail initiative for the north of England has faced significant scrutiny. A leading economist has branded the projected growth figures underpinning the plan as implausible.
Recent market assessments have raised concerns regarding the sustainability of Chancellor Rachel Reeves’s newly established fiscal buffer. Originally set at £22 billion, projections suggest that as much as £14 billion
The current state of the UK labour market marks a stark contrast to the post-pandemic boom experienced in 2022. Businesses, which at one point sought to hire 1.3 million individuals,
Rachel Reeves’s proposed tax increases have raised significant concerns within the leisure and hospitality sector, with industry leaders warning that up to 540 pubs could be forced to close within
The rising costs of business are driving UK manufacturers toward an investment tipping point, according to a survey conducted by Make UK, the manufacturing organisation. Nearly 90 per cent of
In recent developments, shadow justice secretary Robert Jenrick has established a significant benchmark for British migration policy. His proposals surpass those of both the Labour Party and Reform UK, highlighting
The British property market has experienced a notable contraction, with the average house price falling to its lowest point in six months during December. According to mortgage lender Halifax, the
Household expenditure on alcoholic beverages during the Christmas period has declined at its most rapid rate since the coronavirus lockdowns of 2021, according to retail data analysis. The contraction reflects
The Labour government’s proposed worker rights reforms will impose an additional £1 billion annual cost burden on UK businesses, according to newly released government estimates. This figure emerges despite Prime
The Employment Rights Act, which received Royal Assent before Christmas, represents the most substantial overhaul of workers’ protections in a generation. However, business leaders across the United Kingdom are bracing
Grocery costs have pushed retail price inflation upwards, with the British Retail Consortium reporting a rise in shop price inflation to 0.7 per cent annually in December, up from 0.6
Daylesford Organic, the upmarket farm shop owned by Baroness Bamford, has signalled concerns that affluent consumers may be preparing to reduce their spending. The Cotswolds-based retailer, which caters to the
Household consumer spending in the United Kingdom contracted by 0.2 per cent during 2025, representing the first annual decline since the pandemic lockdowns of 2020. The reduction marks a significant
