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Economy

Why the UK Government Is Moving Towards Taking Control of Speciality Steel UK

SSUK's collapse has been years in the making. TheBusinesswas part of Sanjeev Gupta's GFG Alliance, the sprawling metals group whose finances unravelled after the 2021 failure of its principal lender, Greensill Capital. The SeriousFraudOffice has been investigating suspected fraud andMoney Launderingacross GFG and its …

Ankur Sharma | 16 September 2026

How Britain Could Close Its £258bn Infrastructure Funding Gap Without Relying Entirely on Taxpayers

Armitt's core proposition is straightforward: if you want to deliver major upgrades quickly, use private investment toFillthe gaps. The Commission notes that UK pension funds hold trillions of pounds inAssetsyet allocate only modestly to domestic infrastructure — a pool of long-term savings that, in …

Ankur Sharma | 16 September 2026

Why Britain's Weak Labour Market and Higher Energy Prices Are Pulling the Economy in Different Directions

Start with the labour market, because it is the clearer of the two signals. The Office for National Statistics reported unemployment at 4.9% in the three months to June, up 0.2 percentage points on the year. Vacancies fell to around 707,000 in the summer, …

Ankur Sharma | 16 September 2026

How AI and Automation Are Starting to Change Hiring Across UK Businesses

The most striking figures concern early-career hiring. According to the jobs site Adzuna, UK graduate vacancies fell to 8,383 in July 2026, down from 15,397 a year earlier — a drop of around 46% and the lowest level since the firm began tracking the …

Ankur Sharma | 16 September 2026

Why Higher Energy Costs Remain a Key Risk for UK Inflation in 2026

Ofgem confirmed that the cap for the period 1 October to 31 December 2026 will rise to £1,723 a year for a typical direct-debit customer, up from £1,663 in the third quarter. The regulator stressed that the headline figure is not a maximum bill …

Ankur Sharma | 16 September 2026

How a 3.75% Bank Rate Is Shaping UK Borrowing, Investment and Consumer Spending

Bank Rate is the interest the Bank of England pays commercial banks on reserves, and it anchors the wider cost of money. When it changes, it feeds through several "transmission" channels that economists have long mapped.

Ankur Sharma | 16 September 2026

Why Falling Job Vacancies Could Tell Us Something Important About the UK Economy

The Office for National Statistics (ONS) publishes a monthly vacancy series based on a survey of employers, capturing the number of unfilled positions for which firms are actively recruiting. Vacancies are a "flow" indicator ofDemandfor labour: when businesses feel confident about future orders, they …

Ankur Sharma | 16 September 2026

How the UK State Pension Could Rise Above the Income Tax Threshold in 2027

The gap is now so narrow that almost any uprating closes it. To push the full new state pension above £12,570, the government needs an increase of only about 0.18% — a rise the triple lock guarantees to beat comfortably.

Ankur Sharma | 16 September 2026

Why the UK May Need Billions More for Reservoirs, Schools, Prisons and Infrastructure

England has not completed a major new reservoir since the 1990s, even as the population has grown and climate change has made supplies less predictable. That is now changing. The government has thrown its weight behind a programme of new reservoirs, describing them as …

Ankur Sharma | 16 September 2026

How the EU's 'Made in Europe' Strategy Could Become a New Test for the UK Economy

The centrepiece is the draft Industrial Accelerator Act, published in March 2026, which aims to liftManufacturingto 20% of EU GDP by 2035 and to attach local-content conditions to public procurement, subsidies and state aid. But the strategy is broader than any one bill. It …

Ankur Sharma | 16 September 2026
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