UK Industry Fast Facts

UK Industry Fast Facts

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IBISWorld

IBISWorld
Industry research you can trust Published 01 May 2026 Read time: 43

Published on

01 May 2026

Read time

43 minutes

IBISWorld presents a collection of fast facts for the different sectors of the UK economy.

Agriculture

Agriculture, Forestry & Fishing

  • The government published detailed legislation in scope for the UK-EU SPS Agreement on 9 March 2026, confirming that alignment with EU food, plant health and pesticide rules will be required across all UK food businesses – not just exporters – by mid-2027. The deal would remove most routine border checks on agrifood trade with the EU, with the government estimating it could deliver a £5.1 billion annual boost to the wider UK economy by cutting red tape, delays and compliance costs at the border.

  • UK farmers had warned of crops rotting in the ground after an exceptionally wet start to 2026. In southern England, the Financial Times reported in February 2026 that in Reading, where more than 100 global climate scientists met this week, rain had fallen for 32 consecutive days, the longest continuous spell in records going back a century. Some concerns have now been eased after the Met Office revealed that large parts of the UK experienced below-average rainfall in March 2026. While the data shows that last winter was generally wetter than the 2024-25 winter, AHDB states that these dry conditions have prevented a complete winter washout.

  • Defra announced a major overhaul of the Sustainable Farming Incentive in February 2026, introducing tighter limits on how the scheme operates. Annual payments will now be capped at £100,000 per farm, previously uncapped and the number of available actions reduced from 102 to 71. Ministers say the changes are intended to share funding more evenly across farm sizes, but critics argue the cap could make larger projects harder to justify financially.

  • British beef farmers are grappling with a double blow from climate change, with relentless rain at the start of 2026 forcing them to keep cattle indoors and last summer’s drought leaving them short of hay for winter feed. This is set to push beef prices higher as tighter forage supplies and rising feed costs squeeze farm margins, limiting herd expansion and reducing the volume of cattle coming to market.

  • The US and Israel’s conflict with Iran has triggered the most significant input cost shock to UK farming in years. Disruption to the Strait of Hormuz – a critical corridor for LNG, ammonia and urea shipments – has driven urea to US$690.50 (£517.70) per tonne as of 28 April, up 54.3% year-on-year. FAO projections indicate that global fertiliser prices could average 15% to 20% higher in the first half of 2026 if the conflict persists. With spring planting underway, UK farmers facing delayed or repriced fertiliser deliveries risk reduced nitrogen application rates, which directly threaten cereal yields and 2026 harvest prospects. The Financial Times reports how British farmers have already reacted to these higher costs by reducing planting sizes and reducing fertiliser use in order to keep businesses viable.

  • Rising input costs and supply disruptions due to the Iran conflict are risking food supply shortages. The Financial Times reports that producers in the Lea Valley, where three-quarters of cucumbers, peppers and aubergines are grown, said gas price hikes threaten glasshouse output and that shortages are likely unless retailers pay growers more. Additionally, the BBC reports that the UK government is planning for a scenario in which the Strait of Hormuz remains closed, and carbon dioxide supplies break down. As a key input in animal slaughter and food preservation, this could affect the availability of items like fresh meat.

  • Syngenta, a Swiss-based agricultural technology company, has announced plans to build a US$120 million (£90 million) global research centre in the UK, in a vote of confidence in British bioscience. Post-Brexit Britain has provided a smoother path to approval for new agricultural products, according to Camilla Corsi – Syngenta’s global head of crop protection R&D – in the Financial Times. The investment is set to support research into next-generation crop protection and seed technologies, in a boost to the UK agricultural sector as farmers look to improve yields and resilience in the face of rising input costs and climate pressures.

  • A £150 million greenhouse development in Essex was approved in April 2026. With Essex County Council granting planning permission for the Rivenhall Greenhouse project, it is set to become one of Europe’s largest low-carbon controlled environment agriculture sites. This move could strengthen domestic food production and reduce the UK’s reliance on imports.

  • From 1 April 2026, Food Standards Agency (FSA) meat inspection charges to industry are set to rise by around 24%, reflecting a £7 million rise in FSA delivery costs and a £3 million cut in the existing discount scheme. The new charging structure lifts the official veterinarian rate to just under £80 per hour, with medium and large slaughterhouses facing the largest absolute increases. With UK slaughterhouse inspection costs already running at multiples of equivalent French or Irish facilities, the hike may accelerate closures of abattoirs, reducing processing capacity and squeezing livestock farmers' route to market.

 

Mining

Mining

  • The Office for National Statistics reports that the mining and quarrying sector output dropped by 3.2% in January 2026. Output from the sector dipped by 0.1% in the three months to January 2026.

  • World Bank Commodities Price Data released in March 2026 shows that the average Brent crude oil and WTI crude oil prices have climbed at the start of 2026 amid heightened global uncertainty and geopolitical tensions. In Q4 2025, prices were lower than in the previous quarter and compared to Q4 2024; however, prices climbed in February and are set to soar in March amid the ongoing US-Iran conflict.

  • The escalating US-Iran conflict has sent oil prices soaring in March 2026, triggering the most severe oil price shock since the start of the Russia-Ukraine conflict. Oil prices climbed to nearly US$120 (£90) per barrel in early March 2026 amid the effective closure of the Strait of Hormuz (which carries 20% of global oil supplies) and reduced oil production in the Gulf countries. The International Energy Agency stated that the conflict was "creating the largest supply disruption in the history of the global oil market".

  • Metal prices have been extremely volatile recently, with precious metals recording a huge rise. World Bank Commodities Price Data released in March 2026 showed all metals and minerals recording higher prices in January 2026, followed by a decline for all except zinc in February 2026. Most metals, except lead and nickel, ended Q4 2025 higher than Q4 2024. Meanwhile, gold and silver prices have held up, thanks to continued geopolitical tensions and economic instability. While silver and platinum prices dipped in February 2026, gold prices stood at over US$5,000 (about £3,660) an ounce. with both precious metals reaching record highs. A weakening US dollar and US policymaking concerns have encouraged investors to flock to gold, given its reputation as a “safe haven” asset.

  • The UK government’s Vision 2035 Critical Minerals Strategy, updated in late January 2026, sets out ambitions to produce 10% of domestic demand for key minerals and to host at least 50 active critical mineral projects, including mining. In the UK, it is anticipated that by 2035, demand for copper will almost double, while demand for lithium will increase by 1,100%. The UK faces limited domestic mining and processing capacity for many key inputs. It states that “as a net importer of critical minerals, the UK faces strategic vulnerabilities”, with the UK having to “work with international partners to build more resilient and diversified supply chains”. As such, the UK and the US signed a Memorandum of Understanding on critical minerals on 4 February 2026, whereas both countries “intend to support the supply of raw and processed critical minerals crucial to the commercial and defense industries of both countries”. The approach lays out an understanding of a common policy approach on the Securing Supply, Investment in Mining and Processing, Permits and Pricing on critical minerals.

  • The UK’s first commercial-scale lithium refinery has opened in Redruth, Cornwall, marking a significant step towards building a domestic supply chain for battery metals and reducing reliance on imports. Geothermal Engineering’s facility will produce 100 tonnes of lithium annually, with the aim to hike capacity to 1,500 tonnes within a few years and to over 18,000 tonnes over the next decade.

  • The Financial Times reports that eight former UK energy ministers have urged the government to reverse course on tougher taxes and regulatory curbs on North Sea oil and gas producers, warning that current policy is deterring investment and undermining energy security. Tighter conditions on new developments risk accelerating the decline in domestic production, increasing reliance on imports at a time of geopolitical uncertainty and volatile commodity prices.

  • The BBC reports that the Lindsey Oil Refinery in North Lincolnshire is cutting a further 74 jobs after going out of business. It previously cut 124 jobs in October 2025.

  • In late March 2026, Offshore Energies UK urged ministers to ramp up North Sea oil and gas drilling, warning that without fresh domestic production, the country will become increasingly exposed to volatile global markets and import dependence amid rising geopolitical tensions. It wants the Energy Profits Levy scrapped and replaced with a price‑linked tax mechanism, arguing this could unlock about £50 billion of new investment in UK oil and gas projects.

  • According to The Guardian, new analysis by energy consultancy firm Voar shows that hundreds of North Sea oil and gas licences issued by Conservative governments between 2010 and 2024 have so far delivered the equivalent of only about 36 days of UK gas demand, sharply undermining claims that aggressive licensing materially boosts energy security or cuts bills.

  • Rising demand for critical minerals is driving increased gold mining activity globally, with implications for the UK mining and resources sector, according to reporting by Yahoo News. Higher demand linked to clean energy technologies and geopolitical uncertainty is boosting investment in mining projects, as gold and other minerals are seen as both industrial inputs and safe-haven assets. The expansion reflects efforts − particularly by US producers − to secure supply chains for key materials. For the UK mining sector, the trend signals stronger global demand and potential investment opportunities, but also highlights ongoing challenges around supply security, sustainability and competition for resources as countries prioritise access to critical minerals.

  • Mining group Eurasian Natural Resources Corporation (ENRC) is suing the UK’s Serious Fraud Office (SFO) for £125 million, alleging misconduct in a long-running corruption investigation, according to AML Intelligence. The case centres on claims that the SFO mishandled confidential information and relied on flawed evidence during its probe into ENRC’s operations. The legal dispute highlights ongoing scrutiny of enforcement practices and governance within the UK’s regulatory framework.

  • UK mining stocks are facing a pivotal period as companies report Q1 updates amid diverging commodity price trends, according to analysis by IG Group. Performance across the sector is becoming increasingly uneven, with stronger prices for some commodities (like gold) supporting earnings, while weaker demand for others, including industrial metals, is weighing on outlooks. Investors are closely watching production levels, cost control and guidance as indicators of resilience in a volatile market environment. The divergence highlights growing uncertainty, with company performance increasingly tied to commodity-specific dynamics and global economic conditions, potentially leading to greater volatility in valuations and investment flows.

 

Manufacturing

Manufacturing

  • S&P Global’s UK Manufacturing PMI edged down marginally to 51.0 in March from 51.7 in February, signalling that the sector remains in expansion despite a slight loss of momentum. Input price inflation hit the highest level for 41 months as the US-Iran conflict pushed up oil, gas and transport costs, raising the price of raw materials and imported inputs. Against this backdrop, suppliers’ delivery times lengthened to the greatest extent since mid-2022 as shipping disruption and supply chain frictions re-emerged. Output also declined for the first time in six months, reflecting weaker domestic demand and rising cost pressures beginning to weigh on production.

  • SMMT data shows that in February 2026, British vehicle production fell 17.2% year-on-year, extending the 13.6% drop in January. The slump reflected a cyberattack at Jaguar Land Rover, the closure of Vauxhall’s Luton plant, model changeovers at Nissan and trade disruption after US tariffs rose to 10% under Donald Trump. With 78% of cars exported, the sector remains exposed to protectionism, particularly emerging “Made in Europe” proposals from the EU. While the SMMT expects a 10% rebound in 2026 and output to rise above one million vehicles by 2027 as new EVs launch, high energy costs and tighter EU rules of origin continue to pose significant risks.

  • The UK’s plan to introduce a new carbon border tax has triggered alarm among heavy industry, with steel, cement and chemicals groups warning it could accelerate the decline of domestic manufacturing. The proposed carbon border adjustment mechanism, due to start in 2027, will levy charges on high‑emission imports so that companies which pay for their emissions in the UK aren’t undercut by cheaper, more polluting rivals overseas.

  • The UK government has awarded a £1 billion contract to Italian defence contractor Leonardo to build a new fleet of military helicopters, providing a significant boost to the domestic aerospace manufacturing sector. More than 40% of the work will be carried out at the company’s Yeovil manufacturing site, securing around 3,300 jobs and supporting thousands more across the wider supply chain. The deal strengthens the UK’s sovereign defence capabilities while offering stability for one of the country’s key advanced manufacturing hubs.

  • The conflict in the Middle East is now feeding directly into UK manufacturing through higher energy, fuel and transport costs. March’s S&P Global/CIPS flash PMI survey showed manufacturers facing the sharpest rise in input cost inflation since 1992, driven by higher oil prices, shipping disruptions and costlier imported inputs. This is especially significant for chemicals, metals, plastics and transport equipment manufacturing, where energy intensity is high and margin pressure is likely to build if costs remain elevated.

  • The UK government has announced a major new Steel Strategy, with import quotas on steel cut by 60% and a 50% tariff applied to steel imports above those quotas from 1 July 2026. The policy is designed to protect domestic producers like Tata Steel and British Steel from cheap overseas imports and global overcapacity, particularly from China.

  • The Confederation of British Industry Industrial Trends Survey, released in April 2026, points to a sharp deterioration in manufacturing sentiment, with business optimism falling to its lowest level since the pandemic and order books weakening in the backdrop of rising energy costs, geopolitical uncertainty stemming from the Iran conflict and softer domestic demand.

 

Power lines

Utilities

  • The UK government has cut subsidies for renewable power generators by tying support to the lower Consumer Prices Index (CPI) rather than the higher Retail Prices Index (RPI), a move designed to save taxpayers an estimated £270 million a year, but which reduces returns for green energy producers and could slow investment in clean power. The change reflects tightening fiscal priorities amid broader market and policy pressures on the energy transition, potentially dampening investor enthusiasm just as the sector grapples with decarbonisation goals and infrastructure costs.
  • Four of the UK’s largest energy suppliers – British Gas, EDF, E.ON and Octopus – are set to trial “low or no standing charge” tariffs from April. These are designed to help low-usage households by shifting more of the fixed daily cost into the unit rate, reducing upfront standing charges but potentially increasing per-unit prices. The tariffs will sit outside the default price cap framework, meaning overall value will depend on individual consumption levels.
  • French utility company Engie agreed a £10.5 billion acquisition of UK Power Networks in February from Hong Kong-based CK Infrastructure Holdings. The UK’s largest electricity distribution operator is set to come under the control of Engie, which will expand its regulated network footprint in Britain.
  • Gas and power prices have whipsawed following disruption risks around Qatar’s Ras Laffan complex and wider Middle East escalation. UK wholesale gas prices have eased from their early-March spike but remain elevated at around 110 pence to 115 pence per therm in late April, while forward power prices are trading at roughly £85 to £95 per megawatt-hour for summer 2026 delivery, according to Trading Economics. This makes any slip-ups in hedging more costly and increases margin risk on fixed tariffs, while also raising the likelihood that the Q3 2026 Ofgem price cap moves higher if elevated wholesale prices persist through the February-April assessment window.
  • Sir Keir Starmer has pledged to shield households from the economic fallout of the conflict, setting out support worth roughly £50 million for households that rely on heating oil. Most consumers are currently protected by Ofgem’s energy price cap, which is due to fall by around 7% in the April-June 2026 period, based on earlier wholesale price trends. However, if the conflict persists and wholesale gas prices remain elevated, future price cap revisions could reverse the decline in household bills, intensifying pressure on the government to consider further intervention, potentially echoing support measures like the Energy Price Guarantee introduced during the 2022 energy crisis.
  • Rachel Reeves has set out plans for an “anti‑profiteering” framework covering sectors including energy, giving the CMA and regulators stronger tools to clamp down if they judge companies to be price‑gouging during the cost‑of‑living squeeze.
  • Tesla has received approval from Ofgem to supply electricity to UK households under Tesla Energy Ventures – a move that threatens to disrupt Britain’s retail energy sector after a decade of rapid change following the entry of challenger suppliers like Octopus Energy and Fuse Energy. Tesla already has a presence in British homes and businesses through sales of its Powerwall battery systems and solar technology.
  • The UK government is moving to tighten oversight of the retail energy market, with plans to strengthen the powers of Ofgem following sustained political pressure over high bills and supplier conduct. The regulator is set to gain greater authority to enforce consumer protection rules directly, including the ability to penalise companies more quickly and restrict executive bonuses where companies fail to protect customers.

 

Construction site

Construction

  • A survey carried out by the Local Government Information Unit and Scape reveals growing strain in the public-sector construction pipeline. Almost two-thirds (64%) of senior council officers report that construction projects are being delayed, while 40% do not believe their local authority is well placed to follow through on planned schemes. The findings underline delivery risks at a time when councils are grappling with funding uncertainty, capacity constraints and skills shortages.

  • The S&P Global / CIPS Construction PMI rose to 45.6 in March, up from 44.5 in February, signalling a boost but remaining below the 50 threshold for the 15th consecutive month. The struggles have been primarily driven by weak housebuilding, with companies reporting falling new orders, cautious client confidence and a period of wet weather which limited new project starts.

  • Building company Persimmon has warned that the Iran conflict could knock UK housebuilding, with fears that rising inflation may keep interest rates higher for longer and weigh on buyer demand. The company expects to build around 12,000 to 12,500 homes in 2026, though this outlook depends on the conflict remaining short-lived. Rising energy prices linked to the war could also push up the cost of energy-intensive materials like cement and bricks, potentially squeezing margins across the sector.

  • The conflict in Iran is now beginning to feed into the UK construction sector through the financing channel, with mortgage rates rising again as markets price in higher inflation and fewer Bank of England rate cuts. According to Moneyfacts data reported by The Guardian on 16 March 2026, the average two-year fixed mortgage rate rose to 5.20%, up from 4.84% at the start of March, weighing on affordability and posing a risk to housebuilding demand.

  • Emerging evidence suggests growing doubt around the government’s 1.5 million homes target, with delivery running well below the required pace. According to The Guardian, only around 300,000 homes have been delivered in the first 18 months, significantly short of the trajectory needed to meet the target. Progress continues to be constrained by planning delays, infrastructure bottlenecks, labour shortages and affordability pressure.

 

Wharehouse wholesaling

Wholesale Trade

  • According to the Office for National Statistics, output in the wholesale and retail trade; repair of motor vehicles and motorcycles increased by 1% in January 2026, with a 1.1% climb in wholesale trade, except of motor vehicles and motorcycles. Wholesale trade, except of motor vehicles and motorcycles, posted a 2.9% climb in the three months to January 2026, the largest positive contribution to the growth in services output.

  • Kitwave Group, a UK-based wholesale distributor with 37 sites and a delivery network of 650 vehicles handling over 6,500 orders every day, was acquired by One Equity Partners in March 2026. The move brings the food and drink suppliers under private ownership and hopes to deliver long-term growth.

  • The Grocer’s Big 30 Wholesaler report highlights significant inflationary pressures faced by some of the country’s leading wholesalers, despite overall expansion in profit margins thanks to recovering hospitality sector and inflation-driven menu pricing. It reports several large wholesalers having negative profit growth, including Henderson Wholesale (-38%), JJ Foodservice (-23.8%), Holdsworth (-38.7%), LWC (-52%) and Lioncroft (-115%). The report also found that the top three wholesale operators (Booker, Costco and Sysco) accounted for over £19 billion in combined sales (over half of total revenue), as smaller wholesalers struggle to compete and the sector accelerates towards consolidation. The Autumn Budget 2025 is estimated to cost the industry £110 million through National Insurance and National Living Wage increases.

  • Finlay’s Food, which was acquired in 2024 by the UK’s largest bakery wholesaler, BAKO Group, has been rebranded as Bako. It supplies products to customers in the Republic of Ireland, Northern Ireland, the UK, Europe and Asia.

  • AF Blakemore, a wholesaler to Spar retailers and other food, retail and hospitality brands, has reported a dip in revenue in the year ending April 2025, while also recording its first operating profit loss since 2022, citing high food inflation, subdued consumer confidence and reduced demand for products like tobacco, vapes and alcohol. Similarly, Booker Group reported stagnating sales in Tesco’s preliminary results for the year ending 28 February 2026, with overall sales rising by only 0.2%. It reports that a 2.2% rise in Booker’s core retail sales and a similar rise in catering were nearly completely offset by a 8.8% drop in tobacco sales.

  • Bestway Wholesale has appointed a new Food Service Director to accelerate Foodservice growth. Announced in April 2026, Charles Abraham has been appointed to the new role to strengthen the senior leadership team as it works to accelerate growth across catering, foodservice and the on-trade markets. Mr Abraham has experience across the foodservice and food and hospitality industries, most recently at Gate Gourmet.

 

Retail shop purchase

Retail Trade

  • Heavy discounting by retailers has helped ease shop price inflation, according to the British Retail Consortium (BRC), as businesses cut prices to stimulate demand. In March 2026, shop price inflation fell further into deflation at 0.8% year-on-year, down from 0.6%, driven largely by non-food categories where prices dropped by 2.8% amid widespread promotions. Food inflation also slowed to 3.4%, reflecting easing cost pressures in supply chains. While discounting has provided short-term relief for consumers, the BRC warned it is squeezing retailer margins at a time when operating costs remain high. 

  • BRC reports retail sales received a boost from the Easter period, as seasonal spending supported consumer demand. Total retail sales increased 3.5% year-on-year in April 2026, up from 1.6% growth in March, with stronger performance across categories like food, gifts and seasonal goods. The timing of Easter contributed to higher footfall and spending, particularly in stores, helping offset weaker trends earlier in the year. However, underlying demand remains fragile, with consumers still cautious amid ongoing cost-of-living pressures.

  • Consumer confidence remains weak, limiting spending momentum in the UK retail sector. BRC data shows overall confidence held at -18 in April, showing little improvement and indicating continued pessimism among households. Expectations for both the economy and personal finances remained subdued, reflecting ongoing concerns about inflation and cost pressures. The stagnation in sentiment suggests consumers are likely to remain cautious with discretionary spending, particularly on non-essential goods.

  • Retail job losses are accelerating, raising concerns about reduced employment opportunities for young people, according to the BRC. The sector has lost over 200,000 jobs since 2015, with employment falling to its lowest level on record, while retail remains a key entry point for young workers. The BRC warns that rising costs – particularly from higher wages, business rates and regulatory changes – are discouraging hiring, with many retailers cutting roles or reducing hours. As a result, fewer entry-level positions are being created, risking a “jobless generation” and limiting pathways into work.

 

Loading up a delivery van

Transportation & Warehousing

  • Newmark’s latest analysis suggests the UK warehousing market has moved past its “cyclical peak” in supply, with availability easing in late 2025 as occupier confidence improved and demand remained resilient. In Q4 2025, the UK availability rate fell to 7.6%, while take-up totalled 12.2 million square foot (sq ft) – above the 10-year pre-pandemic quarterly average – alongside subdued speculative development of 11 million sq ft in 2025 (the lowest since 2017). Newmark also notes occupiers are increasingly prioritising warehouse configuration, automation-readiness and power connectivity.

  • Channel Tunnel freight trains are set to restart after Network Rail agreed to take control of and invest £15 million in the Barking Eurohub terminal in east London. The route has been dormant since 2024 after its previous operator withdrew, halting regular through-freight services between the UK and continental Europe. The line has the capacity to carry the equivalent of around 100,000 lorry journeys a year, easing pressure on UK roads and cutting emissions.

  • Millions of commuters across the country are benefitting from a freeze on regulated rail fares for the first time in 30 years, which took effect in March 2026. The measure is projected to save passengers around £600 million, with more than one billion journeys a year expected to benefit from the cap.

  • RMT union members are continuing with planned industrial action across spring 2026, with six 24-hour Tube strikes scheduled between April and June after some earlier walkouts were partially averted. Around 1,800 drivers are expected to be involved, with disruption likely across large parts of the network as the dispute with Transport for London over proposed changes to working patterns, including a compressed four-day week, remains unresolved.

  • UK airlines are coming under pressure as jet fuel costs climb sharply in line with the recent spike in crude oil prices, raising operating costs across both short- and long-haul routes. easyJet has warned that the recent surge in fuel prices is likely to feed through into higher ticket prices later this summer, particularly as hedging protection begins to fade.

 

Restaurant with diners

Accommodation & Food Services

  • ONS data reports that output in accommodation and food service activities dipped by 1.8% in January 2026, driven by a 2.7% drop in food and beverage service activities. Meanwhile, accommodation and food service activities output fell 0.7% in the three months to January 2026, thanks to a 2.9% drop in accommodation output.
  • A survey of more than 20,000 venues for UKHospitality and other trade bodies finds that 64% of UK hospitality businesses expect to cut jobs and about one in seven anticipate having to close as April’s higher wage floor and business rates take effect. Companies also report cancelling investment and reducing opening hours as they struggle with a tax and cost burden, despite targeted relief for pubs.
  • At the start of March 2026, BrewDog shut 38 UK bars with immediate effect after the business went into administration and was sold in a £33 million rescue deal to US group Tilray Brands, resulting in 484 redundancies across England, Scotland and Wales. The sale preserves the BrewDog brand, its Ellon brewery and 11 venues in the UK and Ireland, safeguarding around 733 jobs.
  • Heineken’s Cider Report 2026 reports a 3.5% year-on-year growth in the UK cider market, the second-fastest growing drink in the on-trade by volume, reaching £2 billion. Cider now accounts for over 9% of wet sales.
  • JD Wetherspoon chairman Sir Tim Martin has warned that the latest surge in energy costs from the US-Iran conflict will flow through to the bar, driving up the price of a pint and pub meals for customers across the UK.  
  • Greene King has launched a major restructuring that will see 300 pubs affected across the UK. Around 150 are earmarked for sale and a further 150 are to be converted to tenanted or franchised operations as the company seeks to cut costs and reshape its estate amid mounting economic pressures.
  • Food service giant Sodexo is strengthening its culinary offer for a key contract catering segment in the UK, expanding its chef development programmes and introducing new food concepts under a refreshed culinary leadership team.
  • According to City AM, based on Savills data, UK hotel investment topped £1.1 billion in the first quarter, up 63% year-on-year, as global investors piled into flagship London assets like the Marriott Grosvenor Square and Radisson Blu Leicester Square despite geopolitical and economic headwinds. Renewed confidence in the resilience of the UK hotel segment has spurred investment, particularly in the upper end of the market.
  • According to RSM Hotels Tracker, based on data by Hotstats, the UK hotel occupancy rate climbed from 62.8% to 63.5% in January 2026 year-on-year, though the rate in London was flat at 66.7%. Average daily rates and revenue per available room across the UK also climbed, from £122.24 to £124.48 and from £76.72 to £79.03, respectively. Gross operating profit remained flat year-on-year, at 18.8%. Weakened consumer confidence and ongoing geopolitical uncertainty could disrupt international travel and weigh on hotel demand.
  • CoStar reports that hotel dealmaking in the UK strengthened in 2025, with Christie & Co reporting around 100 hotel transactions, driven mainly by single-asset sales rather than large portfolios.
  • Luxury hotels across the UK are fuelling a new wave of “bakery tourism”, with high-end properties investing heavily in standout patisseries and signature baked goods to attract both overnight guests and local day visitors.
  • The government has expanded a free digital energy-saving and carbon-reduction tool to more than 525 small and medium-sized pubs, restaurants and hotels across England, after a trial with 90 hospitality businesses cut average energy bills by nearly £2,500 a year and reduced overnight usage by up to 66% for some sites. Backed by £350,000 in government funding and delivered by Zero Carbon Services, the scheme gives real-time alerts and tailored behavioural change plans to tackle wasted energy from equipment like extraction systems, fridges and ovens.
  • Pret A Manger has said the chain will avoid passing rising costs onto customers, despite ongoing pressure from higher wages, energy and ingredient prices, according to The Caterer. The decision reflects concern about weakening consumer spending, with many customers already “cash-strapped”. Instead, the business plans to absorb costs through efficiency measures and internal savings where possible. This highlights the difficult balance between protecting margins and maintaining affordability, suggesting companies may face sustained profitability pressures if they are unable to raise prices in line with rising operating costs.
  • London pubs have been significantly impacted by transport disruption in April 2026, with revenues falling by 54% during Tube strikes, according to The Caterer. The sharp decline reflects reduced footfall as commuters and visitors avoid travelling into central areas when services are disrupted. Sales at quick-service restaurants fell by 34%, while casual dining chains reported a 14% decline. Companies also reported substantial losses over strike periods, highlighting the sector’s reliance on transport networks to drive customer traffic. The figures underline the vulnerability of venues − particularly in major cities like London − to external shocks, with disruptions to infrastructure having an immediate and severe impact on sales, cashflow and overall business resilience.
  • Hotels across the UK are adapting to stricter accessibility requirements as new and updated regulations come into force, according to Hotel Management Network. The changes, linked to evolving UK and EU legislation, are prompting companies to invest in upgrades like step-free access, accessible rooms and improved digital booking systems to meet compliance standards and enhance inclusivity. While these improvements can broaden customer reach and improve guest experience, they also involve significant upfront costs. 

 

Stack of newspapers

Information

  • ONS data reports that output in the information and communication subsector climbed by 0.8% in the three months through January 2026, driven by growth in motion picture, video and TV programme production, sound recording and music publishing activities (up 7.1%) and information service activities (up 5.2%).

  • At the techUK Future Telecoms Conference 2026, the Minister for the Digital Economy, Liz Lloyd, confirmed £1.8 billion public funding under Project Gigabit to reach hard‑to‑serve areas and reiterated the goal for 99% of UK premises to have access to gigabit‑capable broadband by 2032, up from around 86% in 2026.

  • Virgin Media O2’s owner Telefónica is exploring further acquisitions of UK broadband providers as it seeks to bulk up its network footprint and mount a more serious challenge to BT’s Openreach. The move signals intensifying consolidation and competition in the UK telecoms market. In February 2026, Telefónica acquired broadband rival Netomnia for £2 billion.

  • Ofcom’s latest Media Use and Attitudes 2026 report shows that 6% of UK adults still lack home internet access, a proportion unchanged on last year and heavily concentrated among older and lower‑income households. It also finds that one in five online adults relies solely on a smartphone.

  • Telecoms.com reports that UK adults are posting less on social media, with active contributors falling to under half the population, as concerns grow about screen time, wellbeing and online toxicity. At the same time, Ofcom data show rapid uptake of AI tools, now used by a majority of adults for tasks ranging from information search to creative work.

  • The BBC is proposing to open up its iPlayer platform to other UK public service broadcasters, including ITV and Channel 4, as part of a wider reset of how it is funded and governed after the licence fee is due to be replaced in 2030. The move is aimed at shoring up the BBC’s relevance and bargaining power against global streaming giants.

  • The UK government has agreed a new funding package for the BBC World Service, providing an extra £11 million a year for three years.

  • The Financial Times reports that US private equity group Ares is injecting £115 million into UK broadband provider TalkTalk, replacing a maturing £47 million debt facility and shoring up the company’s balance sheet as prospective buyers examine takeover options. The deal underlines both the financial strain facing mid-tier UK telecoms operators and the continued appeal of digital infrastructure assets to private capital.

  • The Financial Times reports that Chancellor Rachel Reeves is set to promise £1 billion of public funding to secure next-generation quantum computers built in Britain, in a bid to anchor advanced computing capabilities and high‑value R&D in the UK. The move is part of a wider industrial strategy push to back strategic technologies.

  • UK telecoms providers are being urged to assess the security risks posed by advanced artificial intelligence, as regulators step up oversight of emerging technologies. Ofcom has asked companies to evaluate how “frontier AI” could impact network security, resilience and potential misuse, reflecting concerns about vulnerabilities in critical infrastructure. The move signals growing regulatory focus on the intersection of AI and telecommunications, particularly as networks become more software-driven and data-dependent. The development is likely to increase compliance and risk management requirements, while prompting greater investment in cybersecurity and governance frameworks to address evolving threats linked to AI adoption.

  • The rapid expansion of data centres is creating growing infrastructure and energy challenges for the UK’s digital economy. Surging demand driven by cloud computing and artificial intelligence is accelerating investment in large-scale facilities, but developers face constraints around power availability, grid connections and planning approvals. The sector’s energy intensity is also raising concerns about sustainability and competition for electricity with other industries. This highlights a critical trade-off between supporting digital growth and managing resource constraints, with future expansion likely to depend on upgrades to energy infrastructure, faster planning processes and increased use of renewable power to meet demand.

 

Financial analyst

Finance & Insurance

  • The regulatory outlook for digital assets in 2026 is set to tighten in both the UK and EU, as policymakers move towards more comprehensive oversight, according to UK Finance. In the UK, forthcoming rules are expected to bring cryptoasset firms within a fuller regulatory perimeter, aligning them more closely with traditional financial services in areas like consumer protection, market integrity and operational resilience. At the same time, the EU’s Markets in Crypto-Assets (MiCA) framework is beginning to take effect, creating a more harmonised regime across member states. Clearer regulation could support innovation and investor confidence, but will also increase compliance costs and require firms to strengthen governance, risk management and reporting capabilities as digital assets become more embedded in mainstream finance.

  • Rising geopolitical tensions linked to the Iran conflict are expected to weaken the UK economic outlook, with Lloyds Banking Group warning of a potential increase in unemployment as growth slows. The bank has already set aside £151 million to cover anticipated economic impacts, reflecting concerns about weaker lending conditions and higher defaults. Wider forecasts suggest unemployment could rise to around 5.5% by late 2026, alongside downgraded GDP growth of 0.9% and heightened recession risks. Rising energy prices and inflation driven by the conflict are increasing business costs and reducing household spending power. This signals deteriorating credit conditions, increased provisioning by lenders and heightened economic uncertainty, potentially constraining lending activity and profitability.

  • More than six million homes in England are now considered at risk of flooding, with many located in urban areas, according to the National Housing Federation. The study highlights that climate change and urban development are increasing exposure to flood risk, particularly in towns and cities with ageing drainage infrastructure. The findings raise concerns about the scale of potential damage and the need for improved resilience planning. Rising flood risk is likely to drive higher insurance premiums, increase claims volatility and prompt stricter underwriting criteria, while also placing pressure on lenders assessing property risk and long-term asset values.

  • Mortgage competition has intensified in the UK, with major lenders including HSBC, NatWest, Barclays and Nationwide Building Society cutting rates to attract borrowers. Some of the cheapest fixed-rate deals have fallen to around 3.8–4% for lower loan-to-value borrowers, reflecting expectations that Bank of England interest rates may stabilise or fall. The rate reductions mark a shift from recent volatility and suggest improving affordability for some buyers, though access remains limited to those with larger deposits.

 

Rental calculation

Real Estate and Rental and Leasing

  • According to Nationwide, annual house price growth increased by 2.2% in March 2026 compared with March 2025. Prices climbed by 0.9% month-on-month and the average house price stood at £277,186. The lender says the market has regained momentum after a year-end slowdown, but warns that surging global energy prices and sharply higher interest-rate expectations following Middle East tensions threaten to weaken confidence, push up mortgage costs and cool activity later this year.  

  • According to ONS data, housing in England is now at its most affordable since 2015, as pay has grown markedly faster than house prices over the past year. The median average home in England cost £300,000 in 2025, 7.6 times the median annual average earnings of a full-time employee, down from 7.8 in 2024, well below the 2021 peak of 9.1 and the lowest level since 2015.

  • According to data from the ONS and the Land Registry, house prices for some of the most expensive boroughs in London fell at double-digit rates in the year to February, marking the fifth consecutive month. The City of Westminster experienced a 12.7% drop in house prices, bringing the average to £872,000. The Financial Times reports that these declines drove prices in inner London down by 5.6% over the period, the largest decline since the financial crisis in 2009. A tougher tax landscape, higher stamp duty and fewer incentives for overseas investors are reported to have all dented demand.

  • Despite rising house prices nationwide, data from the Land Registry shows that UK flat prices dipped 2.6% in the year to February 2026, driven by a 6.1% drop in the London market amid buyers' sensitivity to high service charges, weaker buy-to-let demand, and higher mortgage rates.

  • In April 2026, Foxtons reported that fees from house sales had dropped 35% in the first quarter, as its chief executive cited the consequences of the conflict in the Middle East denting the UK housing market and threatening to delay interest rate cuts. The London estate agent’s house sales revenue division fell to £10.7 million in the first three months of 2026, down from £16.4 million in the same period in 2025. Although fees last year were boosted by the sales surge before the temporary stamp duty reduction ended.

  • According to CBRE data, capital values for UK commercial real estate remained steady over the first quarter of 2026. Rental values climbed by 0.3% over March 2026 and 0.4% over the quarter. Month-on-month total returns stood at 0.5%, increasing 0.4% over the quarter. Capital values for the industrial sector rose 0.2% in the month, whereas the retail sector remained unchanged and the office sector fell 0.1%. Total returns over the quarter for Retail stood at 1.7%, 0.9% for Office and 1.6% for the Industrial sector.

  • CBRE’s Real Estate Market Outlook 2026 reported that provisional take-up of office space in Central London stood at 11.4 million square foot in 2025, with similar levels of take-up expected in 2026. Meanwhile, it forecasts that take-up in the regional markets will dip by 11% in 2026. Nonetheless, supply side constraints are expected to drive prime rental growth in London and in regional office markets. The report also points out “tight grade A vacancy in core markets”, which “will shift many large occupiers’ requirements towards good quality space in more peripheral locations”. It also states that it expects “long-term bond yields to remain elevated” in 2026 and forecasts net total returns of around 8.5% for 2026 when aggregating across different real estate segments.

  • CBRE forecasts that AI-led office take-up in London could reach 4 million square foot by 2033. It reports that this level of demand would equal 43% of all the unlet space currently under development in Central London. CBRE states that this reflects the capital’s position as a global technology hub and the continued strength of the sector's momentum.

  • In April 2026, JPMorgan Chase won approval to build a 265-metre skyscraper, the tallest tower in Canary Wharf, following discussion over height restrictions due to its proximity to London City Airport.  The Financial Times reported that a person close to JPMorgan stated that the bank sought approval for the maximum height possible to maximise investment. The bank has sought financial incentives from the UK government to build the tower, such as a business rates discount. If it goes ahead, the build will be a boost to Canary Wharf, which has struggled following the pandemic but has since enjoyed a resurgence.

  • Downing Street has stated that it is not considering a one-year rent freeze in England. This comes after speculation, driven by the Chancellor's response to a question in the House of Commons, in which he stated that she would “use every lever” to bear down on the cost of living, including for individuals in the private rented sector. The Treasury did not initially deny the rent freeze, as reported in The Guardian and speculation hit the share prices of some property companies.

 

Accountant with a stack of papers

Professional, Scientific & Technical Services

  • ONS data reports that output in professional, scientific and technical services climbed by 0.6% in January 2026, driven by a 2.8% growth in scientific research and development.
  • The Financial Times reports that the Financial Reporting Council is easing regulatory pressure on the audit market, stating that the worst of the post-Carillion “crisis” period has passed and overall audit quality has improved. It will cut the number of companies subject to its most intrusive monitoring and place more on a lighter‑touch track, while asking auditors themselves to take greater responsibility for identifying and fixing poor work.
  • In February 2026, Xeinadin acquired TBL Accountants, expanding its Southend office and strengthening its advisory support for small businesses and charities in Essex. In March 2026, the company acquired accountancy and business advisory practice Gregory Priestley & Stewart, continuing its inorganic expansion efforts.
  • A former top EY executive has launched a new firm, WTS UK, in March 2026, with the backing of private equity firm EQT Partners. The firm is focused on providing tax services and aims to challenge the Big Four’s dominance. It aims to hire 100 partners within five years, which would take it to about 60% of EY’s UK tax division, as per the Financial Times.
  • Arbitration is increasingly being used to settle divorce finances in England and Wales, with cases handled through the Institute of Family Law Arbitrators doubling from 89 in 2023 to 178 in 2025 as couples try to avoid delays in an overstretched court system. The rise follows a 2024 rule change requiring separating couples to consider alternative dispute resolution before going to court.
  • The Court of Appeal has overturned a 2025 High Court ruling, confirming that paralegals, trainees and other non-authorised staff can perform litigation tasks provided a qualified lawyer retains control and responsibility for the case. The judgment restores the long‑standing practice model used by many UK law firms, particularly high‑volume and claimant practices, which depend on non-lawyer fee earners to run day‑to‑day casework under supervision.
  • The IAB UK’s latest Digital Adspend study shows the UK digital advertising market hit £40.5 billion in 2025, up 10% year on year and far outpacing GDP growth, driven by strong gains in video, social and search. The market is forecast to grow 10.3% in 2026 to £44.7 billion, reaching £49.1 billion by 2027. Investment in video, spanning social platforms, broadcasters, streamers and publishers, outpaced total market growth, rising 20% year-on-year to £9.3 billion. Video now accounts for 23% of total digital ad spend. 57% of respondents expect digital budgets to increase in 2026, with video, retail media and Digital Out of Home forecast to see the strongest gains. Meanwhile, 48% of respondents cited AI and automation as a defining force for the sector over the next decade.
  • According to The Guardian, the UK junk food ad ban has been weakened by exemptions and loopholes that experts now warn will touch only a tiny fraction of food and drink marketing spend. Analysis shows that, once brands shift spend into exempt channels like outdoor sites, brand-only campaigns and social media, only 1% of the £2.4 billion spent annually on food and drink advertising will be affected, raising questions over whether the policy can meaningfully change children’s exposure to unhealthy food promotion.
  • The rapid adoption of AI tools in the legal sector is accelerating across UK professional services, with Anthropic and Freshfields agreeing a deal to create legal AI tools in April 2026, but high-profile errors are highlighting growing risks.
  • Law firms are increasingly using generative AI for tasks like drafting and legal research, improving efficiency, yet cases have emerged where AI-generated content included fabricated citations and inaccurate legal arguments, raising concerns over reliability and professional liability. These incidents underline risks around confidentiality, quality control and regulatory compliance, particularly where outputs are not adequately reviewed by lawyers. While AI offers productivity gains, it also introduces material legal, reputational and ethical risks, requiring stronger governance, human oversight and clearer regulatory frameworks to ensure safe adoption.

 

Class in session

Education

  • UK universities are being urged to strengthen support for international postgraduate students to remain competitive in the global education market, according to guidance from Times Higher Education. Recommended measures include improving tailored academic support, enhancing mental health services, offering clearer careers guidance and strengthening integration with domestic students. The advice reflects growing recognition that international postgraduates face distinct challenges, including cultural adjustment and barriers to employability.

  • Documents obtained from the Department for Education (DfE) reveal a plan to discourage the expansion of special schools in England as part of wider Special Education Needs and Disabilities (SEND) reforms, with councils reportedly receiving stronger assessments of their deficit recovery plans if they propose “little to no” growth in specialist provision and instead prioritise mainstream inclusion. The approach reflects government efforts to curb rising SEND costs and shift support into mainstream schools, amid mounting pressure on local authority budgets. However, the policy could limit the creation of new specialist places at a time when demand is rising, potentially increasing pressure on mainstream schools to support pupils with complex needs and raising concerns from sector leaders about whether adequate resources and staff training will accompany the shift.

  • The UK government is considering changes to a controversial policy that allows UK councils to transfer funds from school budgets to cover SEND deficits. Schools Week revealed that 21 councils were granted permission to transfer a total of £75.5 million from mainstream budgets to the high-needs fund. Councils argue the transfers are necessary to keep up with ballooning costs, but with the expectation that the government will wipe £5 billion of deficits up until April 2026, headteachers are calling for the policy to be scrapped and past decisions reversed.

  • The UK-EU Youth Experience has still not reached an agreement despite both sides aiming for a political agreement ahead of a planned mid-2026 summit. The debate over university fees remains a sticking point, with the EU pushing for eligible participants in the scheme to receive home-rate fees, but the UK government firmly rejects this due to the negative impact it would have on funding for the university sector. Separately, the UK and EU have confirmed that an agreement has been finalised to bring the UK into Erasmus+ in 2027. The UK government states that over 100,000 people are expected to benefit in the first year alone, including apprentices on placements and school groups taking part in cultural exchanges.

  • After calls to lower the interest rate on Plan 2 student loans, the UK government has committed to capping the interest rate on Plan 2 and postgraduate loans at 6% for the 2026-27 academic year. The Plan 2 interest rate was previously the retail price index (RPI) measure of inflation, plus up to 3%, depending on earnings. The rate is set in September, using the RPI in March that year. The rate for 2025-26 was 6.2%, resulting from an RPI of 3.2%. Critics reported that under the previous model, students face long-term financial burdens, but the UK government states that these changes will deliver stability and protection for graduates. With the ONS stating that the March 2026 RPI figure was 4.1%, this change will likely reduce the interest rate applying to some student loans. However, backlash is still persisting after estimates by consultancy London Economics revealed that the Treasury will receive a surplus of £679 million from those who started university in 2022.

  • Cambridge University is set to receive the biggest-ever gift to a UK university after hedge fund billionaire Chris Rokos promised to donate £190 million in March 2026 to fund a new school of government. This announcement comes after Russel Group chief Tim Bradshaw called on wealthy alumni to help UK universities plug the funding gap, underscoring the sector's continued financial woes.

  • The UK government has announced that a new freedom of speech complaints system for universities in England will come into force for 2026-27. Under the new system, academics and other university staff will be able to take complaints directly to the Office for Students. Then, from April 2027, universities could face fines of £500,000 or 2% of their income if they are found to have failed to protect free speech. This move highlights the ongoing discussion of free speech in higher education and raises the possibility of fines significantly higher than the £585,000 issued to the University of Sussex in March 2025.

  • The UK education secretary has stated that the UK government is reviewing the income thresholds for parents eligible for funded childcare, following arguments that pay rises for high earners can leave them substantially worse off, given that the income threshold has not changed since the policy was introduced in 2017. Currently, in England, to access the 30 hours of funded childcare, a child must have at least one parent earning the equivalent of 16 hours a week at minimum wage, while neither parent's adjusted net income can exceed £100,00 a year. With government spending on early entitlements reaching £9 billion a year next year, the government has stressed the need to deliver the best possible outcomes from the money invested.

  • The National Audit Office has warned that falling birth rates will mean that the number of pupils across England will fall by almost 350,000 by 2030, causing many schools to struggle financially due to the link between funding and pupil numbers. London is expected to be the worst hit as the number of children in inner London primary schools is forecast to fall by 11% over the time period. The UK spending watchdog has stated that ministers need a plan to close or reduce the number of classrooms. The education secretary is attempting to push through controversial laws that would give councils greater power to control the size of academies, arguing that this is necessary to prevent other schools from collapsing.

  • According to a new forecast by the Department for Education, the number of new trainee teachers needed to ensure a sufficient supply for secondary and primary schools will be 23% lower in September 2026 than in 2025-26. The Department predicts that 15,280 trainees will need to be recruited for secondary schools, a 21% drop and 5,520 for primaries, down 28%. The Department stated that declining pupil rolls and higher teacher retention rates were among the reasons for the decline.

 

Doctor

Healthcare & Social Assistance

  • Concerns are growing that the UK is moving towards a “two-tier” healthcare system, as more patients pay for private treatment to bypass delays in the NHS, according to BBC News. The report highlights the rising use of private providers alongside persistent NHS waiting lists, with those able to afford care accessing treatment faster, while others face longer delays. Clinicians and experts warn that this trend risks widening health inequalities and undermining the founding principle of equal access based on need.

  • MPs have warned that plans to reduce reliance on overseas staff in the NHS may be unrealistic and risk worsening workforce shortages. International workers currently make up a significant share of NHS staffing − around one in six employees, including over a third of doctors and nearly a fifth of nurses, NHS data shows. The government’s strategy to scale back overseas recruitment aims to boost domestic training, but MPs cautioned that this transition could take years. Reducing international hiring too quickly could undermine service delivery and increase pressure on already stretched staff, highlighting the sector’s continued dependence on global recruitment to meet demand.

  • Proposed reforms to workforce reporting and ongoing job cuts are raising equality concerns across the NHS. Findings published by NHS Employers show broad support for mandatory ethnicity and disability pay gap reporting, aimed at improving transparency and addressing disparities in pay and progression. However, separate analysis from Unite the Union highlights that recent and planned job cuts within NHS England risk disproportionately affecting women and Black, Asian and minority ethnic (BAME) staff. Together, the developments point to lifting scrutiny of workforce equality in the UK health and social care sector, with potential policy changes and restructuring efforts likely to have significant implications for diversity, inclusion and staff retention.

  • A lack of access to social care is placing a growing strain on the NHS and leaving vulnerable people without adequate support, according to BBC News. The report highlights difficulties in securing care packages, long waiting times for assessments and shortages of care workers, meaning many individuals − particularly older and disabled people − aren’t receiving the help they need. This is contributing to delayed hospital discharges and increasing pressure on NHS services. Limited access to social care is exacerbating system-wide inefficiencies, worsening patient outcomes and underscoring the need for workforce expansion and sustainable funding to meet rising demand.

  • Escalating conflict involving Iran could trigger a “huge shock” to the NHS’s finances, according to NHS England chief executive Jim Mackey, who warned of rising energy costs and supply chain disruption. He said it would be unreasonable to expect the NHS to absorb significant cost increases without additional government funding. While financial planning has improved – with nearly all integrated care boards submitting balanced plans for 2026-27 and provider deficits expected to fall to around £420 million, down from £2.5 billion a year earlier – these projections exclude potential inflationary pressures linked to the conflict. Drawing parallels with the Ukraine war, Mackey cautioned that sharp energy price rises could quickly erode financial stability, posing renewed risks to budgets and service delivery across the UK health and social care sector.

Live music venue

Arts, Entertainment & Recreation

  • In April 2026, the Arts Council England outlined initial reforms to improve how it funds individual artists and creative practitioners, aiming to make support more accessible, flexible and responsive to need. The changes include simplifying application processes, improving guidance and exploring more tailored funding routes to better reflect diverse career paths. The move follows feedback that existing funding structures can be difficult to navigate, particularly for freelancers and underrepresented groups.

  • UK arts policy is under increasing scrutiny as cultural leaders and policymakers debate how to sustain the sector amid financial pressures and shifting public priorities. Key issues include declining public funding, the role of philanthropy and commercial income and concerns about access to arts education and regional inequality in cultural investment. Policymakers are also weighing how best to support creative industries while ensuring broad public engagement.

  • Announced in April 2026, cultural venues in England will share £130 million under the Arts Everywhere scheme. The investment forms part of the Arts Everywhere Fund, a £1.5 billion package to support cultural infrastructure projects over the course of this parliament, which was announced by the culture secretary, Lisa Nandy, in January 2026. The fund aims to save more than 1,000 arts venues, museums, libraries and heritage buildings across England.

  • The latest 2023-24 Sports England Active Lives survey shows physical activity levels in England have reached record highs, but significant inequalities persist across different groups. Around 63.7% of adults are now classed as active, the highest level recorded, with growth largely driven by people aged 75 and over. However, disparities remain, with lower participation among people from deprived backgrounds, ethnic minority groups and those with disabilities. The findings highlight a widening gap between the most and least active populations. The trend signals strong overall engagement but underscores the need for targeted interventions to address structural barriers and ensure more inclusive access to physical activity opportunities.

For more information on any of the UK’s 600+ industries, log on to www.ibisworld.com, or follow IBISWorld on LinkedIn.

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