UK economy shrinks ahead of Rachel Reeves's budget
Official figures show the UK economy contracted in October, with public borrowing higher than forecast in November. Get the latest on GDP and the fiscal outlook.
Category : Search result: public sector borrowing
UK Government Borrowing Overshoots Expectations in November
UK public sector borrowing reached £11.7bn in November, surpassing City forecasts. Year-on-year borrowing fell due to higher tax receipts from NI changes. Read the full analysis.
City Hotels Hit by 135% Business Rates Hike
Hotels in London's Square Mile face an average 135% rise in business rates from April 2026, sparking a major feud between the hospitality sector and the Treasury. Discover which venues are hardest hit.
EIB bosses stay cautious on hiring despite 2026 boom
Top executives at the European Investment Bank signal a continued hiring freeze for 2025, even as a major dealmaking surge is predicted for 2026. Explore the strategic reasons behind the caution.
Services Sector Job Losses Continue as UK Growth Rebounds
The UK services sector saw further job losses in December, despite a rebound in business activity and rising client confidence. Analysts warn of intense cost pressures and a sluggish economic outlook. Read the full analysis.
Public Sector Jobs & Pay Growth Outstrip Private Firms
Official data reveals a widening gap: public sector employment and wages surge while private sector faces decline. Explore the political fallout and reform pledges.
Fury as Pubs Hit by Huge Business Rates Rises
UK publicans voice fury at Chancellor's business rates changes, with bills set to skyrocket by up to 126%. Landlords warn of closures, job cuts, and price hikes as the hospitality sector reels.
Is the AI Investment Bubble About to Burst?
Financial analysts and tech insiders debate whether the massive investment in artificial intelligence is a sustainable boom or a bubble poised to burst. Listen to the full podcast analysis.
Regulators Scrap Rulebook to Boost Building Societies
UK regulators have torn up the rulebook for building societies, removing key lending limits to drive growth. Discover how this deregulation will impact mutuals and the housing market.
Construction Suffers Sharpest Slowdown Since Covid Lockdown
UK construction activity contracted at its fastest pace since May 2020 in November, with the PMI hitting 39.4. Experts suggest budget uncertainty skewed the data. Read the full analysis.
Tom Harwood: The Simple Way to 'Abolish' the OBR
GB News's Tom Harwood argues the Office for Budget Responsibility's power stems from government borrowing. The solution? Run a surplus and render the fiscal watchdog irrelevant.
London is world's second-best tech hub, study finds
London has climbed to second place in a global ranking of top tech centres, narrowly missing the top spot to Zurich. Discover the key drivers behind the capital's rise and which cities made the top ten.
Victoria to cut 4,000 public service jobs in $2.3bn savings plan
The Victorian government announces a major public sector overhaul, aiming to cut 4,000 jobs and save $2.3bn. Find out which departments are affected and the impact on services.
Carnaby Street public realm transformation plans revealed
London's iconic Carnaby Street could be transformed by a major public realm revamp. Shaftesbury Capital's plans include new signage, lighting, and a return to its historic roots. Have your say in the consultation.
Labour Defends 'Jobs for Mates' Review Findings
The Labour government faces criticism after failing to adopt key recommendations from its own review into public sector appointments. Read the full analysis of the political fallout.
OBR vs Treasury: Ministers' Fiscal 'Theatre of Errors'
The Treasury is accused of undermining the OBR's forecasts, creating a 'theatre of errors' that risks UK economic stability. Read our analysis of the fiscal rules clash.
Report slams 'jobs for mates' culture on public boards
A damning review finds appointments to government boards routinely abused, looking like 'nepotism'. The Albanese government unveils new rules but rejects key recommendations.
Readers debate Rachel Reeves' Budget impact
Metro readers share mixed reactions to Chancellor Rachel Reeves' Budget, debating tax burdens, NHS spending, and the nation's economic future. Join the conversation.
A&O Shearman's top staff take home £43m after merger
Senior figures at the newly merged law giant A&O Shearman shared a £43.3m payout in the year following its creation. Discover the financial details and strategic implications.
Young NZ Farmers Struggle with Land Ownership
Young farmers in New Zealand face impossible barriers to land ownership despite feeding the nation. Discover the human stories behind the statistics and what's being done.
Hackney demands rent control powers after price surge
Labour-run Hackney Council petitions government for rent cap powers as borough sees 49% rent rise since 2010. Could this be the solution to London's housing crisis?
Hospitality sector betrayed by business rates overhaul
UK hospitality faces a devastating stealth tax as a promised 5p business rates cut hides massive bill increases. Pubs and restaurants warn of closures and price hikes.
3.7 Million Compete for 38,100 Chinese Civil Service Posts
A record 3.7 million applicants in China are competing for just 38,100 civil service roles, highlighting a major shift towards job security amid economic uncertainty. Discover the driving forces behind this trend.
Tate staff strike over pay amid food bank use
Tate gallery staff begin week-long strike over pay dispute as workers reveal reliance on food banks. Union demands fair wages for cultural sector employees.
Budget Fuels 93% Chance of December Interest Rate Cut
Traders predict a 93% likelihood of a Bank of England rate cut in December to 3.75%, making borrowing and mortgages cheaper. Discover what this means for you.
US Banks Announce Major UK Expansion Projects
JP Morgan unveils a new £3bn Canary Wharf headquarters as Goldman Sachs expands in Birmingham, signalling a major vote of confidence in the UK economy. Discover the details.
UAE's Financial Rise: FinTech and Sustainability Lead
Abu Dhabi Finance Week positions UAE as global financial hub with dual focus on FinTech innovation and sustainable finance. Discover how digital assets and green capital shape economic future.
Budget: Lower Business Rates for Retail & Hospitality
Chancellor Rachel Reeves announces permanently lower business rates for retail and hospitality, funded by higher levies on online giants' warehouses. Will it save the high street?
Australia's public sector faces 5% budget savings search
Treasurer Jim Chalmers confirms departments must identify savings from low-priority spending, denying major job cuts while facing Coalition criticism over election promises.
US Broker StoneX Expands Into London Hedge Fund Market
American financial giant StoneX launches ambitious London expansion targeting mid-sized hedge funds with prime brokerage services. Discover how this move shakes up the City.
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