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News Archive

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14/9/2025

The Real Reason Trump Is a Threat to the Economy

If you want to look at the reason some aspects of the American economy may be going into meltdown then an article in the Bulwark may give you some idea.   The Real Reason Trump Is a Threat to the Economy” by Jonathan Cohn (The Bulwark, 14 September 2025).  

13/9/2025

Peter Mandelson was always a high-risk appointment – his departure will not end the matter for Keir Starmer

The line between pulling off a diplomatic masterstroke and setting up an accident waiting to happen can be a fine one.  In the seven-month fable of Peter Mandelson’s UK ambassadorship to the US, the crossing of that line has created a political polycrisis for which it is hard to think of a parallel.  

13/9/2025

 
Russia’s violation of Polish airspace only strengthens the unity between NATO nations, and our determination to stand with Ukraine: UK statement at the UN Security Council

Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the UN Security Council meeting on Poland.   On Tuesday, not only did we receive reports of yet another Russian attack on Ukraine, but also of an egregious violation of Polish and NATO airspace by Russian drones.  

13/9/2025

Reduction in vacant and derelict land

The amount of vacant and derelict land in Scotland has fallen by more than a quarter since 2016 according to the latest annual survey.   Of 335 sites brought back into use in 2024, 192 – more than half - were reclaimed for housing.  

13/9/2025

If you've used car finance, you may be owed compensation. Find out how to complain and what to expect

From The Financial Conduct Authority.   If you've used motor finance to buy a car, motorbike or van, it's very likely that the lender paid the broker (the person that arranges your loan, usually your car dealer) commission for arranging the loan.  

13/9/2025

UK exceptionalism on high borrowing costs driven by ‘sticky’ inflation and a reliance on the ‘kindness of strangers’

The UK now has the highest borrowing costs of any rich OECD country, despite its middle-of-the-pack debt position, due to ‘sticky’ inflation and a borrowing-cost premium driven by our vulnerability to changes in the whims of international investors, according to new Resolution Foundation research published on Friday 12 September 2025.   The Foundation’s latest Macroeconomic Policy Outlook notes recent moves in gilt yields have put UK borrowing costs back in the spotlight.  

13/9/2025

After Angela Rayner’s exit from government, what’s the future for employment rights in the UK?

After the resignation of Angela Rayner, the UK government faces an urgent question: what will happen to its flagship employment rights bill?.  The former deputy prime minister was an important champion of the bill – and businesses have seized an opportunity to call for it to be diluted.  

13/9/2025

 
Sellafield Ltd and TEPCO extend decommissioning partnership

Companies will continue working together to support progress in the UK and Japan.   The organisations tasked with the two most challenging nuclear clean-up jobs in the world have agreed to extend a co-operation agreement.  

13/9/2025

 
Is Trump breaking the US economy? - Richard Murphy

Donald Trump promised to Make America Great Again.  Instead, he is wrecking the US economy.  

13/9/2025

The French economy has a boomer problem and is spending way too much on pensions

Before resigning from his nine-month stint as French prime minister, François Bayrou had claimed that if France failed to cut its public deficit, young people would pay the price “for the sake of the comfort of boomers”.   This blunt assessment cut to the heart of France’s current economic reality.  

13/9/2025

The Economic Impact of UK Debt in 2025

In 2025, the United Kingdom finds itself navigating a complex economic landscape shaped in large part by its substantial national debt.   With a debt-to-GDP ratio exceeding 100%, the country faces mounting fiscal pressures that influence nearly every facet of its economic performance.  

13/9/2025

The Vultures Are Circling Over Labour With Cannons Exploding In All Directions

Keir Starmer has built his leadership of the Labour Party on the promise of integrity, competence, and a clean break from both the chaos of Boris Johnson’s Conservatives and the unelectability of Jeremy Corbyn’s Labour.   Yet the collapse of Peter Mandelson’s credibility under the weight of old scandals and fresh revelations about his ties to Jeffrey Epstein now threatens to unravel that carefully constructed image.  

12/9/2025

 
Money on my mind - Understanding the savings, debt and financial resilience of low-to-middle income families

This paper is part of our Unsung Britain project, which explores the everyday economic reality for low- to middle-income families.  It shifts the focus beyond income, looking instead at the savings, debts, and arrears that shape households’ ability to weather financial shocks.  

12/9/2025

New funding for Ukraine as Foreign Secretary visits Kyiv making clear Ukraine’s security is the UK’s security

New funding for energy infrastructure to boost Ukraine’s resilience and war effort as Foreign Secretary visits Kyiv to make clear that support for Ukraine is crucial to the security of the UK.   UK aid funding boost to support Ukraine’s emergency energy needs and help vulnerable communities targeted by Putin’s aggression.  

12/9/2025

400 of Britain’s largest shops at risk

Some of Britain’s biggest shops - from supermarkets to department stores - face a fresh wave of closures if the Government forces large shops into its proposed higher business rates tax band.   There are approximately 4,000 large-format retail stores with a rateable value of over £500,000.  

12/9/2025

British economy sees defence dividend as new figures reveal above inflation increase in spend with industry

Government spending in the UK defence industry grew by 6% in real terms to £31.7 billion, according to latest figures for 2024/25 published 11 September 2025.   Working people will feel safer and see the economic benefits of the record investment in defence the Government has delivered, new figures (MOD regional expenditure with industry 2024/25 - GOV.UK) reveal.  

12/9/2025

 
Was the Bounce Back Loan Scheme Successful, Even Considering Fraud?

The COVID-19 pandemic presented governments worldwide with the unprecedented challenge of protecting both public health and national economies.   In the United Kingdom, one of the flagship interventions to support small and medium-sized enterprises (SMEs) was the Bounce Back Loan Scheme (BBLS), launched in May 2020.  

12/9/2025

 
History is full of failed attempts to establish new currencies. So what makes crypto different?

The confusion and commotion over cryptocurrency often reminds me of the 19th-century German drama Faust.  In Goethe’s masterpiece, the devil Mephistopheles offers an emperor the tantalising vision of limitless wealth through the printing of paper money.  

12/9/2025

How Angela Rayner managed to underpay stamp duty – family trusts and tax avoidance explained

The debate over former deputy prime minister Angela Rayner’s tax arrangements demonstrated that there are few topics more complex than the law of trusts.  It was politically awkward, to say the least, when a deputy PM and housing secretary had to admit getting it wrong, and underpaying £40,000 in stamp duty.  

12/9/2025

Construction output in Great Britain - July 2025

Total construction output is estimated to have grown by 0.6% in the three months to July 2025.   Over the three-month period, new work increased by 1.0%, and repair and maintenance grew by 0.1%.  

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