FeaturedFintechCaution by banks is driving SMEs in UK to FintechIFM CorrespondentApril 28, 2026April 27, 2026 by IFM CorrespondentApril 28, 2026April 27, 2026 Funding Circle claims that its lending added £7.9 billion to the UK economy in 2025, and helped support around 117,000 jobs... Read more
EconomyFeaturedDespite 0.5% growth, twin reports anticipate recession for UK economyIFM CorrespondentApril 23, 2026April 22, 2026 by IFM CorrespondentApril 23, 2026April 22, 2026 As per Deloitte, confidence among chief financial officers dropped to a net -57% in late March, down from -13% in the previous quarter... Read more
EconomyFeaturedIF Insights: Will BoE react to plummeting UK inflation with rate cuts?IFM CorrespondentMay 23, 2024 by IFM CorrespondentMay 23, 2024 Compared to other large, wealthy economies, Britain's inflation rate peaked higher... Read more
EconomyMagazineDoes UK economy need ‘Bazball’?IFM CorrespondentDecember 29, 2023January 9, 2024 by IFM CorrespondentDecember 29, 2023January 9, 2024 After Liz Truss took over the governance responsibilities from Boris Johnson, for a 50-day disastrous rule, Rishi Sunak's roadmap for the new UK economy got derailed... Read more
BankingFeaturedBank of England holds interest rate amid recession worriesIFM CorrespondentDecember 20, 2023 by IFM CorrespondentDecember 20, 2023 The Bank of England froze borrowing costs at its previous gatherings in September and November 2023, thereby snapping a series of 14 rate hikes... Read more
EconomyFeaturedUnited Kingdom’s food inflation: All you need to knowIFM CorrespondentAugust 29, 2023August 28, 2023 by IFM CorrespondentAugust 29, 2023August 28, 2023 Shoppers have continued to find ways to offset the impact of inflation on their household budgets by switching to supermarkets’ own-label products... Read more
EconomyFeaturedIF Insights: Predicting the road ahead for UK economyIFM CorrespondentJuly 31, 2023October 10, 2023 by IFM CorrespondentJuly 31, 2023October 10, 2023 The pandemic's impact obscures a larger concern that the UK economy will face in the coming decades: population ageing... Read more
FeaturedTransportIF Insights: Will Brexit bring doom for the UK automobile sector?IFM CorrespondentMay 30, 2023October 10, 2023 by IFM CorrespondentMay 30, 2023October 10, 2023 Before Brexit, the UK was part of the EU's single market and customs union, allowing the free movement of goods, services, and capital... Read more
EconomyFeaturedIF Insights: Is the United Kingdom becoming gig economy’s ‘crisis zone’?IFM CorrespondentMay 29, 2023 by IFM CorrespondentMay 29, 2023 A study by the University of Bristol and Oxford University found that the majority of gig economy workers feel under threat from feedback processes... Read more
EconomyFeaturedWill a hike in interest rates reduce inflation?IFM CorrespondentAugust 18, 2022August 19, 2022 by IFM CorrespondentAugust 18, 2022August 19, 2022 On August 4, Bank of England announced a 0.5 percentage point rate hike, the biggest in more than a quarter of a century.... Read more