Heathrow and housing: Griffith pledges ‘most ambitious deregulation project’ in generation October 4, 2026 The Conservatives’ pick for chancellor has pledged to roll out the “most ambitious deregulation project in a generation” as he is set to say plans could cut £50,000 off the price of a new home. Andrew Griffith, the shadow chancellor, will say on Monday he will slash red tape for businesses across construction, supermarkets and [...]
Badenoch says triple lock pension is ‘right policy’ as new Tory blueprint announced October 4, 2026 Kemi Badenoch has defended the triple lock pension as the “right policy” ahead of the Conservatives’ party conference this weekend. Badenoch said the triple lock, which is widely condemned as “unsustainable” across the political spectrum, ensured pensioners who had “contributed” were properly rewarded. The triple lock pension ensures that the state pension rises by whichever [...]
Price pressures hit firms amid uncertain outlook and fears of interest rate hikes October 2, 2026 Firms’ inflation expectations for the next 12 months rose higher, according to closely watched Bank of England survey, the results of which could pile pressure on policymakers to raise interest rates. The Bank’s monthly survey of firms’ price expectations, the Decision Makers’ Panel, showed price expectations becoming more jittery as costs from the energy price [...]
As it happened: Stocks bounce as G7 approves emergency oil release after bound rout October 2, 2026 Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more
Aldermore puts jobs at risk in retreat from invoice finance market October 1, 2026 Aldermore is weighing a round of layoffs as it consults on plans to scale back its invoice finance business ahead of a sale, City AM can reveal. The Reading-headquartered lender is discussing plans to shrink its invoice finance division and slash the amount of customers it serves in the market, sources told City AM. The [...]
Blue on blue: Tory infighting erupts over triple lock pension petition October 1, 2026 Infighting across Tory circles has broken out after the party published a petition claiming Labour had pledged to “cut” the state pension following its triple lock reforms. At this week’s party conference, Prime Minister Andy Burnham announced he would reform the triple lock pension if Labour remained in power after the next election. The state [...]
Global bond sell-off: Headache for Healey as gilt yields top six per cent October 1, 2026 The yield that the UK government pays on its 30-year government bond rose above six per cent for the first time in this millennium, putting Chancellor John Healey in a collision course with markets. Long-term gilt yields, which determine the size of UK government borrowing costs, skimmed 6.04 per cent in the early hours of [...]
As it happened: FTSE 100 rocked by global bound rout; Oil back over $100 October 1, 2026 Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more
The huge costs facing Andy Burnham – and the financial tightrope he must walk October 1, 2026 Andy Burnham said he didn’t set out to deliver a “tub-thumping conference speech” but it was packed with huge pledges to take control over utilities and expand the state. Maurício Alencar considers just how costly his promises are in the long term – and in the next month. Andy Burnham had all the goodies for [...]
UK bank lending growth to fall to three-year low October 1, 2026 Growth in UK bank lending is forecast to stall in the coming years as borrowers feel the pinch of uncertain economic conditions. Lending growth is expected to slow this year to 2.9 per cent before dropping to a three-year low of 2.2 per cent in 2027, according to figures from EY. The figures mark a [...]