Backbencher threatens rebellion as Starmer vows to stay put May 10, 2026 A Labour backbencher has issued the Prime Minister with an ultimatum as Sir Keir Starmer battles to stay in Number 10 after taking a battering at the local elections. Catherine West, a former junior minister and MP for Hornsey and Friern Barnet, said she will trigger a leadership bid on Monday if cabinet ministers fail [...]
London local election results LIVE: Brown returns as Labour bruised in five-party split May 9, 2026 Good morning and welcome back to the City AM liveblog. Former Prime Minister Gordon Brown has returned to support Sir Keir Starmer’s premiership as a special envoy for global finance. The appointment was made after bruising election results across the country, particularly in Wales and Scotland where Labour lost control. Starmer resisted calls for his [...]
UK borrowing costs waver as Starmer insists he will not ‘walk away’ May 8, 2026 Government borrowing costs – which are reflected in changes in gilt yields – have edged lower as City traders were calmed by Sir Keir Starmer’s insistence that he would not “walk away”. Gilts were the best performing government bonds out of any G7 nation on Friday morning as 10-year yields dropped by around eight basis [...]
Grosvenor estate: Ministers don’t get ‘basic economics’ May 7, 2026 The Duke of Westminster’s multi-billion pound estate has chided ministers for failing to grasp “basic economics” in their bid to tackle the housing crisis. Mark Preston, who represents the business interests of Hugh Grosvenor, the seventh Duke of Westminster and owner of a Mayfair property empire, said the government risks choking housing supply if it [...]
Exclusive: Ajax tank maker handed £12m from MoD despite trial pause May 7, 2026 The company behind the failed Ajax tank was paid more than £12m in the period trials were paused, City AM can reveal, laying bare the scale of dysfunction inside national defence procurement. General Dynamics continued to receive taxpayer cash in the period between late November and this week, the time where the government intervened to [...]
London local election results 2026: Labour lose Westminster as Tories take control May 6, 2026 CLICK HERE to view all the latest London election results The Conservatives have gained Westminster City Council from Labour after losing in 2022. The Tories pinched nine seats from Labour, who slumped to 22. No surprise now that, as earlier reported, the atmosphere among Tory campaigners in Westminster was jubilant. CLICK HERE to view all the latest [...]
London local elections results 2026: Labour lose Wandsworth council May 6, 2026 CLICK HERE to view all the latest London election results Labour has lost an incredibly tight contest in the west London borough of Wandsworth. The Conservatives picked up eight extra seats to take their total to 29, while Labour lost six to slump to 28. The Tories had been eyeing a takeover in Wandsworth, but the borough [...]
London local elections 2026: Who will win in Waltham Forest? May 6, 2026 After wrestling over Waltham Forest since the borough was created, Labour and the Conservatives now face a new threat from the Greens. The Conservatives and Labour have played pass the parcel with Waltham Forest since its inception in 1965. Control of the borough has switched as much as eight times since its formation in 1965, [...]
London local elections 2026: Who will win in the borough of Tower Hamlets? May 6, 2026 CLICK HERE to view all the latest London election results Tower Hamlets has become something of a controversial area in London with its own council difficulties and division over the proliferation of LTNs. Will Aspire retain the council or could the Greens persuade voters to back its national electoral drive? Tower Hamlets is where fractured [...]
London local elections 2026: Who will win in the borough of Sutton? May 6, 2026 Sutton Council has become a reliable winner for the Liberal Democrats. But with pothole problems, accusations of toxicity and manoeuvres from Reform, could this council bring a surprise result? Sutton has become something of the Liberal Democrats’ stomping ground, winning majorities over several decades. Labour has tailed off in third along with independents while the [...]