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      ‘Own goal’ – City chiefs warn Healey higher bank taxes hurt jobs outside London

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Politics

  • Tube strikes would be outrageous – where is the Mayor?

    September 3, 2025

    Bob Crow, the late leader of the Rail, Maritime and Transport union, once said “It’s an old media myth that the RMT union resorts to industrial action lightly.” These days, we’d call such a claim “trolling.” Indeed, as the historian Dr Jim Moher points out, Crow “cherished” a signed shirt from Millwall player Dennis Wise [...]

  • Bond traders hit out at ‘chorus’ of high tax advocates in No 10

    September 2, 2025

    Bond traders have hit out at the “chorus” of Westminster voices advocating for higher taxes as government borrowing costs soared to the highest level seen this century.  Gilt yields, which feed into the cost the government will have to pay bondholders through debt interest payments, soared to their highest level since 1998, with the interest [...]

  • Home Office contractor proposes investor visa for ‘business angels’

    September 2, 2025

    A Home Office contractor has put forward plans for an investor visa to be re-introduced as advisers claimed a targeted entry route for wealthy foreign nationals would be “dramatically beneficial” for the UK economy.  Envestors, an investment service that assesses entrepreneurs applying to enter the UK via the innovator founder visa, has argued that a [...]

  • Private healthcare admissions surge as calls for VAT raid grow

    September 2, 2025

    The number of hospital admissions using private healthcare in the first quarter of the year has bounced back to its pre-pandemic peak. The latest Private Healthcare Information Network (PHIN) data on private healthcare admissions published today revealed that the total number of admissions in the first quarter of 2025 was 241,000. Despite the figure being [...]

  • Employment Bill sparks SME fear over costs and red tape

    September 2, 2025

    Small and medium-sized enterprises (SMEs) have voiced growing concerns over the government’s sweeping Employment Rights Bill, warning that the reforms could place a disproportionate strain on firms already grappling with rising costs and a challenging economic climate. The legislation, billed as the most significant upgrade to workplace protections in a generation, is due for its third reading [...]

  • Justice secretary granted new veto powers over ‘independent’ public body

    September 2, 2025

    The justice secretary has been granted the power to sign off on any new guidelines for prison sentences as part of a push for Parliament to have a say in the justice system, following political backlash earlier this year. As part of the Sentencing Bill, set to be introduced to the House of Commons today, [...]

  • Keir Starmer’s approval rating sinks to record low 

    September 2, 2025

    Keir Starmer’s approval ratings have hit a record low, a City AM/Freshwater Strategy poll has shown, as pressure mounts on the government ahead of the Budget. Research by City AM and the advisory firm Freshwater Strategy has highlighted the growing discontent among voters over the UK government’s poor performance after a year in office.  Starmer’s [...]

  • Kemi Badenoch doubles down on North Sea oil drilling pledges

    September 2, 2025

    Conservative Party leader Kemi Badenoch will pledge to make North Sea oil a “cornerstone” of the UK economy amid concerns producers have “much more to do” to reduce carbon emissions in the coming decades.  In a speech to the Society of Petroleum Engineers Offshore Europe conference in Scotland, Badenoch will tell industry officials that she [...]

  • Keir Starmer has humiliated Rachel Reeves

    September 2, 2025

    What is the Chancellor if not the Prime Minister’s economic adviser? We now know that she no longer performs that function, after the PM’s brutal move to bring economic policy into his office, rather than her’s. After little more than a full year in office, Keir Starmer’s government appears to be circling the drain. Support [...]

  • Starmer seeks to relaunch as approval rating hits fresh low

    September 2, 2025

    Keir Starmer has launched a dramatic shakeup of his Downing Street team as he hails the “second phase” of his government amid dire poll ratings and a sluggish economy. The Prime Minister has beefed up Number Ten’s economic muscle, bringing in his Chancellor’s top minister, Darren Jones, to fill a newly created position alongside a [...]

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