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Several UK reports show business leaders warning against further taxation while stressing the need to back scaling firms. The government faces the challenge of sustaining growth in a fragile economy amid Middle East conflict spillovers and inflation pressures.
Sir Keir Starmer has announced he will resign as leader of the Labour Party and will remain prime minister until his successor is chosen. Nominations will open on July 9 and close before the summer recess on July 16. Andy Burnham has declared his candidacy and commands wide parliamentary support, making an uncontested handover likely by mid‑July.
Labour leaders are racing to confirm Andy Burnham as next prime minister as leadership contest talks wane. With nominations opening mid-July, Burnham appears the clear frontrunner and could be PM within days if no challenger secures the 81 backers needed.
Andy Burnham has secured overwhelming MP backing and appears poised to become Labour's leader and prime minister, with nominations advancing and a potential coronation by mid-July. Al Carns has ruled himself out, leaving Burnham as the sole declared candidate as nominations continue and a parliamentary hustings looms.
Britain has finalised a new steel imports regime to protect domestic producers from global overcapacity. Tariff-free imports will be cut by 51%, with a 50% tariff on goods outside the quota. The measures align with the EU’s approach to counter overcapacity, while allowing a limited volume of imports from 11 specific products to be exempt from tariffs. The changes are to take effect on 1 July and will be reviewed after 12 months.
Prime Minister Andy Burnham has announced a 20% business rates reduction for nearly 32,000 pubs, clubs and live music venues in England from April 2027, a package the government says will save a typical pub about £1,100 a year and cost roughly £100m. Ministers are proposing to fund it by reviewing reliefs for vape shops and cracking down on online tax non-compliance.
The No 10 North operation in Manchester is expanding to bring devolution and local growth decisions closer to postcodes across the country. Burnham chairs the NEC from Manchester, with regional mayors and business leaders involved as scrutiny grows over costs and reach.
Scottish Government attendance data show low in-office presence as 40% target remains unmet. Premier public sector reform chief faces pressure as unions push back against monitoring and pay implications.