
Retail chiefs warn policy costs threaten youth employment routes. More than 80 CEOs have urged the Prime Minister to act as entry-level hiring becomes harder.

PwC says London frontier sectors could lift UK output. Its Grow London report estimates up to £76bn in additional annual GVA across the country by 2030.

Steel tariff plans are being reconsidered after industry cost warnings. Ministers are consulting steel users as proposed safeguards risk raising costs across construction, infrastructure, engineering, and manufacturing supply chains.

Young founders are ambitious but financially underprepared, Xero research suggests. A new survey finds 72% of 16-to-21-year-old students are attracted to entrepreneurship, while funding, confidence, and financial skills remain substantial barriers.

UK retail sales rebounded as hot weather lifted demand. BRC-KPMG data shows May sales up 3.7%, with food, clothing, footwear, online non-food, and summer goods benefiting.

Ministers are targeting scale-ups with new direct support today. The government has launched a concierge service and visa reimbursement scheme designed to help high-growth companies scale and remain in the UK.

Santander’s tax warning intensifies pressure on UK banking tax policy. Ana Botín has criticised sector-specific taxation as banks argue competitiveness and investment are being constrained.

UK employers are choosing flexibility as permanent hiring weakens again. KPMG and REC data shows permanent placements falling while temporary hiring rises, reflecting caution over cost, demand, and uncertainty.

Britain is moving AI hardware policy into industrial strategy now. A £1.1bn plan will support chip design, compute infrastructure, specialist skills, public procurement, and scale-up finance.

Openwork has joined bidders pursuing Schroders’ Benchmark advice business sale. The potential £250m deal reflects continuing consolidation across wealth management, adviser networks, and platform infrastructure.