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Politics

  • Lib Dems would scrap Treasury for ‘Department for Growth’

    February 11, 2026

    The Liberal Democrats have laid out plans to scrap the Treasury department if elected in favour of a ‘Department for Growth’. Daisy Cooper, the party’s deputy leader and Treasury spokeswoman, said on Wednesday took aim at failed government economic policy and said the Treasury “does too much”. “Fiscal policy, economic policy and controlling government spending. [...]

  • Starmer will fail to improve living standards – but it isn’t all his fault

    February 11, 2026

    Between the mid 1960s and the mid 2000s, the living standards of the poorest half of households doubled. Increasing by 1.9 per cent a year, it took four decades to make this leap. To emulate that progress again, starting from today, would take 137 years. This is not a state of affairs that can be [...]

  • Keir Starmer must find ‘more inclusive way’ to run Labour, says Andy Burnham

    February 10, 2026

    Andy Burnham gave Sir Keir Starmer a lukewarm endorsement on Tuesday, urging the Prime Minister to lead a stronger and more united government amid continued questions about his leadership.  The Mayor of Greater Manchester called for stability, but argued that this could only be secured through “a more inclusive way of running the party”.  “We [...]

  • Law Society slams Labour’s ‘crude’ stealth tax on legal clients

    February 10, 2026

    The Law Society issued a blistering response to the government’s proposal to take the interest law firms earn on money sitting in their client accounts, branding it a “fundamentally flawed” sector-specific tax that threatens the stability of the wider UK legal economy. Last month, the Ministry of Justice opened a consultation on a proposal to [...]

  • Barclays boss calls for political ‘stability’ as banker’s pay packet swells to £15m

    February 10, 2026

    The boss of British banking giant Barclays has called for “stability” across the political landscape as the Labour government’s future faces uncertainty. CS Venkatakrishnan, the bank’s chief executive who is known as Venkat, faced questions on the turmoil in Number 10 after Barclays published its full-year earnings report. “From the point of view of businesses [...]

  • Starm before the storm? PM survives the day but crisis still looms.

    February 10, 2026

    Sir Keir Starmer has insisted he is “getting on with the job” following a punishing 24 hours in which he lost his Chief of Staff, his Director of Communications and the support of Labour’s leader in Scotland as the fallout from the Peter Mandelson scandal threatens to collapse the government. As leadership speculation continued to [...]

  • Brace yourself for the chaos that will follow Starmer’s departure

    February 10, 2026

    Anas Sarwar is not a name often seen in the pages of City AM but he’s earned his place after yesterday’s hastily announced press conference in which he called for Keir Starmer to resign as Prime Minister. Prior to his intervention there had been radio silence from Starmer’s Cabinet ministers, not one of whom had [...]

  • Mandelson’s Global Counsel has been rocked by its links to Epstein. Will it survive?

    February 10, 2026

    Global Counsel – the lobbying shop co-founded by Peter Mandelson – was once a swashbuckling force in London’s world-leading public affairs sector. But after the extent of its links to Jeffrey Epstein were revealed by the US Department of Justice email release, clients have been severing ties and its chief executive has quit. Ali Lyon [...]

  • Cabinet rallies around Starmer as Scottish Labour leader calls on PM to quit

    February 9, 2026

    Every Cabinet minister, alongside former deputy leader Angela Rayner, has given public backing to Sir Keir Starmer’s position, following a speech from the Scottish Labour leader calling for the PM to step down. Possible leadership contenders, also including Wes Streeting, Shabana Mahmood and Ed Miliband, have posted supportive messages on social media in quick succession. [...]

  • Starmer’s chief of staff Morgan McSweeney resigns over Mandelson appointment

    February 8, 2026

    The chief of staff to Prime Minister Sir Keir Starmer has resigned following mounting criticism over the appointment of Peter Mandelson to the US ambassadorship. Morgan McSweeney – who succeeded Sue Gray to the post in October 2024 – said the decision to nominate Lord Mandelson as ambassador to the US was “wrong” and he [...]

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