Rachel Reeves is lost in space July 24, 2025 Rachel Reeves said was steering the economy past a black hole but her calculations are off and we’re heading for the abyss, says Helen Thomas One year ago, the new UK Chancellor declared that upon taking office she had discovered a £22bn fiscal black hole. She told parliament in her first big speech, “If left [...]
Labour’s plan to gerrymander London’s mayoral election will backfire July 24, 2025 Giving the vote to teenagers may be getting the headlines, but Labour are also planning to rig London’s mayoral elections by restoring supplementary voting. It’s a plan based on dangerous assumptions, warms James Ford Labour is clearly panicking. There is a very real fear that, come 2028, the combination of a deeply unpopular Labour government [...]
On this day in 1974: US supreme court orders Nixon to hand over Watergate tapes July 24, 2025 On this day 51 years ago, the US supreme court dealt a serious blow to executive privilege when it ordered to hand over hours of tape recordings relating to the Watergate scandal. It’s interesting to wonder how Donald Trump would respond to such a demand today, says Eliot Wilson Fifty-one years ago, Richard Nixon, President [...]
British Airways has become a national embarrassment July 24, 2025 British Airways is our country’s flag carrier and should be a source of national pride, instead it’s beset by delays, cancellations, bad service – and won’t even give you a free G&T, says Jamie Bullen British Airways’ descent from a beacon of national excellence and pride into something of a national disgrace seems to have [...]
Kemi Badenoch shuffles deckchairs on the Tory Titanic July 23, 2025 Kemi Badenoch’s shadow cabinet reshuffle saw plenty of promotions for yesterday’s men – but the party is on an inevitable course towards an electoral iceberg, says William Atkinson Over the weekend, I re-read London Fields, by Martin Amis. (This paper’s Opinion and Features Editor introduced me to the late author two years ago, and of [...]
City traders’ exoneration in Libor case proves the importance of jury trials July 23, 2025 The Supreme Court has today ruled that juries were misdirected in the original trials of Tom Hayes and Carlo Palombo for Libor fraud, affirming an important principle of criminal justice, says Ellen Gallagher The Supreme Court today overturned the convictions of Tom Hayes and Carlo Palombo, convicted and imprisoned in 2015 and 2019 respectively for [...]
The Debate: Should the London Stock Exchange open 24-hour trading? July 23, 2025 Could 24-hour trading revive the London Stock Exchange? We get two market experts to go head to head in this week's Debate.
The River Thames is London’s largest public space. So why don’t we use it? July 23, 2025 The River Thames is London's largest public space, so why aren't we using it, asks Chris Romer-Lee as he calls to make the river swimmable.
Will Labour be our sewage saviour or find themselves up the creek? July 23, 2025 Water companies need flexibility and lower compliance costs, not overzealous regulation that will drive private investment away, says Kitty Thompson Sewage has dominated the environmental conversation for years. Responding to public pressure, successive governments have lumbered water companies with more and more regulatory burdens in an attempt to show that they are tackling the issue. [...]
Investors: brace for a breakdown in UK gilts July 23, 2025 Because the UK government is politically unable to pass necessary fiscal reforms, a bond market crisis is now the most likely catalyst to force the essential but painful spending cuts required to stabilise the nation’s finances, say Peter Spiller and Emma Moriarty In the aftermath of the euro area debt crisis, Jean-Claude Juncker, then Prime [...]