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UK chief executive pay has reached a record high. Median FTSE 100 CEO pay rose 6.8 percent to £4.58 million in the past year, according to the High Pay Centre, widening the gap with average workers as shareholder scrutiny and calls for governance reform intensify.
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UK government borrowing costs have risen sharply, causing concern. The 30-year gilt yield reached 5.57% before settling at 5.54%, while 10-year yields increased to 4.7%. Traders fear persistent inflation, influencing interest rates and impacting fiscal strategy.
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UK consumer confidence in the economy has significantly declined. Over the past year, consumer confidence has fallen by 31 points, with 56% of people believing the economy will worsen. Pensioners remain the most pessimistic group, reflecting ongoing financial challenges.
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UK M&A activity spans bread, LNG, and aerospace this week. Deals include ABF’s planned Hovis acquisition, Centrica’s LNG investment, Evelyn Partners’ sale plans, Boeing’s merger clearance, and EG Group’s international divestments.
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PwC UK unveils traffic-light dashboard to monitor office attendance. The tool uses data from badge swipes and Wi-Fi to flag low attendance, linking it to bonuses and reviews, while allowing exceptions for sickness and personal needs. Employees can view their own compliance levels in real time.
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HMRC confirms AI use in monitoring taxpayers’ social media accounts. The tax authority employs AI tools for analysing online posts in criminal tax fraud cases, raising concerns among MPs about potential errors due to automated systems.
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New Princes plans a major London Stock Exchange listing. The Italian-owned food giant, known for brands like Princes Tuna, is seeking investor support for an IPO to separate its food division, aiming for a valuation of at least £700 million.
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Bank of England cuts rates, but inflation remains a threat. The narrow vote and latest projections signal a longer period of above-target inflation, with the Bank’s policymakers split and business leaders now facing a more uncertain path to normalisation.
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Wireless Logic completes its first US acquisition, targeting IoT growth. The purchase of Zipit Wireless marks a strategic expansion for Wireless Logic, adding advanced multi-tier billing capabilities and a direct North American footprint as enterprise IoT markets mature.
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Tesla’s UK sales fell nearly 60% in July 2025. Registrations dropped to 987 units as BYD quadrupled its UK total, highlighting shifting dynamics in the electric vehicle market.
