Category : Search result: economic losses


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.

Leon warns of closures after £8 million loss

Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.

UK 2026 Growth Forecast Slashed to 1% by KPMG

KPMG forecasts UK GDP growth will slow to 1% in 2026, with unemployment rising to 5.2%. Business surveys reveal deepening pessimism across services and manufacturing sectors.

Gambling tax hike could cause UK job losses

Chancellor Rachel Reeves warned that increasing gambling taxes could lead to significant job losses and harm horse racing. The industry contributes £4bn annually in tax. Read the full analysis.

AI Threatens 3 Million UK Jobs by 2035

New research reveals AI could displace 3m low-skilled UK workers by 2035, while boosting demand for professionals. Discover which roles are most at risk.

Unimetals Recycling collapses, 650 jobs at risk

One of the UK's largest metal recycling firms, Unimetals Recycling, has collapsed into liquidation, putting approximately 650 jobs in immediate danger. Discover the full story behind the failure.

Brexit's £30bn hole undermines UK economy

Rachel Reeves' autumn budget ignores the Brexit-shaped hole costing Britain billions. As economic growth stalls, experts urge single market return to fix structural damage.

Fiscal Uncertainty: Britain's Hidden Business Tax

MP Liam Byrne warns Britain's fiscal instability is a major tax on growth. Discover the five key shifts needed to unlock investment and rebuild the UK's growth machine for the AI age.

OBR needs rule-based framework to stay independent

The Office for Budget Responsibility faces calls to implement transparent forecasting rules as it prepares to cut productivity growth estimates. Learn how this could protect fiscal credibility.

London office shortage threatens 2.2m jobs

London faces a major economic risk as office space shortage threatens 2.2m jobs. Chancellor Rachel Reeves urged to act now to protect UK competitiveness against global rivals.

Play the Budget Game: Be Chancellor for a Day

Step into Rachel Reeves' shoes and try to balance Britain's budget in our interactive game. Can you keep MPs happy and bond markets calm while tackling a £22bn shortfall?

Wealth Tax Limitations in Tackling UK Inequality

Examining why a 1% wealth tax on the super-rich falls short of addressing Britain's deep-rooted inequality problems. Discover what structural changes are truly needed for economic fairness.

London's £600m Fraud Fightback as Crime Soars

London launches £600m justice hub to tackle fraud affecting 4.1 million people. New police HQ and courts aim to restore trust and secure the Square Mile. Discover how the City is fighting back.

Inflation falls to 3.6% amid rising food costs

UK inflation eased to 3.6% in October, but food prices climbed to 4.9%. The Bank of England faces pressure on interest rate decisions. Read the latest economic analysis.

Reeves Urged to Boost Economy with Narrative

Economist Paul Ormerod argues Chancellor Rachel Reeves must learn from Keynes and create a positive economic narrative to boost Britain's animal spirits and confidence.

Haldane: Budget Speculation Hurting UK Growth

Former Bank of England chief Andy Haldane warns daily tax rise speculation is causing businesses and consumers to 'hunker down', stifling growth. Read his urgent call for reform.

AI Firms Must Disclose Risks or Face Crisis

Anthropic CEO Dario Amodei warns AI companies must be transparent about risks like job losses and security threats or repeat mistakes of tobacco and opioid industries.

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