FirstFT: UK manufacturing confidence slumps after Rachel Reeves’ Budget

Also in today’s newsletter, Revolut backers offload almost $1bn of stock and Assad airlifted $250mn of Syria’s cash to Moscow

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UK manufacturing confidence slumps after Reeves’ Budget

Data from Make UK complicates picture for BoE rate-setters as they contemplate how quickly to cut interest rates
Financial Times - 8h
Canal+ listing is ‘vote of confidence’ in UK stock market, says Reeves

TV channel spun off from France’s Vivendi could climb to £5bn in biggest new listing in London for two years. Canal+, the international pay-TV company and owner of the studio behind the Paddington ...
The Guardian - 16h
Rachel Reeves signals wider reset of EU relations

Labour has ruled out rejoining the EU but may be open to alignment on areas such as farm and food exports.
BBC News - 6d
UK business confidence falls to lowest level in almost two years after Labour budget

British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government's bumper tax-raising budget, new data showed Monday.
CNBC - 6d
SNP rediscovers its political confidence with wily Budget

The Scottish government's moves on the two-child benefit cap and winter fuel payments leave Labour facing a dilemma.
BBC News - Dec. 7
Rachel Reeves to pledge ‘ambitious’ economic partnership with EU

UK chancellor will promise to fully honour post-Brexit deals in meeting with bloc’s finance ministers
Financial Times - Dec. 7
UK businesses expect lower margins and higher prices after Budget

Survey finds 54% of companies plan to raise prices in 2025 after national insurance increase
Financial Times - Dec. 5
German companies in China see slump in business confidence

Yahoo News - Dec. 4
French PM Barnier faces vote of no confidence after budget row

Yahoo News - Dec. 4

FirstFT: UK manufacturing confidence slumps after Rachel Reeves’ Budget

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Related

UK manufacturing confidence slumps after Reeves’ Budget

Canal+ listing is ‘vote of confidence’ in UK stock market, says Reeves

Rachel Reeves signals wider reset of EU relations

UK business confidence falls to lowest level in almost two years after Labour budget

SNP rediscovers its political confidence with wily Budget

Rachel Reeves to pledge ‘ambitious’ economic partnership with EU

UK businesses expect lower margins and higher prices after Budget

German companies in China see slump in business confidence

French PM Barnier faces vote of no confidence after budget row

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