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Politics

  • Starmer abandons key welfare reforms

    July 1, 2025

    Keir Starmer has suffered a crushing blow to his authority after rebel Labour MPs forced him to effectively abandon his flagship welfare reform proposals after chaotic scenes in the House of Commons. Just 90 minutes before the vote, and several hours into a heated debate, the government announced it was pulling a key measure of [...]

  • Badenoch: Welfare ‘fudge’ driven by ‘panic not principle’

    July 1, 2025

    Kemi Badenoch has branded Labour’s welfare reforms a “fudge” that will fail to curb the government’s spiralling welfare bill on health and disability benefits.  MPs are set to vote on work and pensions secretary Liz Kendall’s welfare bill aimed at getting more inactive Brits back into the national workforce by changing eligibility for personal independence [...]

  • National Wealth Fund boss calls for public finance consolidation

    July 1, 2025

    The boss of Labour’s National Wealth Fund has urged the government to remain open to consolidation of public finance institutions in a bid to ease confusion for the private sector. In a hearing on Tuesday, the chief executive of the National Wealth Fund (NWF) John Flint told MPs he would “encourage” the Treasury “not to [...]

  • Why can’t Keir Starmer lead?

    July 1, 2025

    Later this week, Keir Starmer will celebrate the one year anniversary of his thumping election victory. Although he constantly tells journalists that he “doesn’t do” self reflection, if he does choose to recognise this political milestone he’ll surely be unnerved to consider that it’s less a case of “look how much we’ve achieved” and more [...]

  • Exclusive: Kemi Badenoch makes her pitch to the City

    July 1, 2025

    Kemi Badenoch has apologised to the business community for any trust lost under previous Tory governments, insisting that “the Conservative party is the natural party of business.” The Tory leader said “I’m sorry if at any time over the last 14 years we did not seem like that,” adding that hers is now “the only [...]

  • Can Kemi Badenoch woo the City?

    July 1, 2025

    The Conservative leader sits down with City AM’s City editor, Simon Hunt. The Labour government is gearing up for an anniversary. On 5 July, the party will have completed its first full year in office since it was kicked out in 2010. Having won last summer’s general election with a thumping majority of 411, Sir [...]

  • National wealth fund boss slams banking industry’s risk appetite

    June 30, 2025

    The boss of the National Wealth Fund has blasted the banking industry’s risk appetite and cited the lack of risk-taking as the reason for waning growth figures. Speaking at City Week on Monday, John Flint, the chief executive of the newly-established government body, said: “The banking system is very heavily regulated and in the best [...]

  • City minister doubles down on green finance as firms turn sour

    June 30, 2025

    The City minister has reaffirmed the government’s ambition for a green transition across the financial services sector, despite the industry pivoting on climate priorities. Speaking at City Week on Monday, Emma Reynolds said: “The UK has a world leading financial and related professional services ecosystem and the research that is needed to integrate sustainable finance.” [...]

  • Reeves told Lifetime ISAs rules are ‘nonsensical’ and costing savers

    June 30, 2025

    Lifetime ISAs require deep reform, as strict rules on cash withdrawals mean customers are left with less money than they initially deposited, leading Britons to make worse investment decisions, while the government sets aside too much spending for bonuses, senior MPs have told Chancellor Rachel Reeves.  Reeves is a fortnight away from her flagship Mansion [...]

  • AI system to analyse NHS databases and identify scandals

    June 30, 2025

    The UK will be the first country in the world to use an AI system to analyse hospital databases and catch potential safety scandals early, the government has announced. The technology can identify patterns of abuse, serious injuries, deaths or other incidents that can slip through the net. When concerns are raised, the Care Quality [...]

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