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Politics

  • Reeves told City at ‘critical juncture’ after claims of golden age

    January 25, 2026

    Rachel Reeves has been handed a firm warning that Britain’s financial ecosystem is facing a “critical juncture” even after the Chancellor touted a “golden age” of opportunity for the City. The Chancellor faces a call to action following a report from lobby group TheCityUK and Big Four consultancy giant PwC revealing the “hard truth” that [...]

  • Labour ruling committee block Andy Burnham from by-election race

    January 25, 2026

    Andy Burnham has been blocked from running as the Labour candidate in the forthcoming by-election in the North West. The Manchester Mayor lodged his request for selection in the Gorton and Denton race on Saturday following Andrew Gwynne announcing his intention to step down. Speculation had mounted Burnham would face opposition from Labour’s governing body [...]

  • Burnham launches bid to stand as Labour MP in by-election

    January 24, 2026

    Andy Burnham has confirmed he will run to stand as a candidate for Labour in the Gorton and Denton by-election after Andrew Gwynne resigned as an MP.  The Manchester Mayor’s application to stand as a candidate now gives senior Labour figures a fresh headache given his openness around his leadership ambitions.  He has already received [...]

  • Investor hits out at Peter Kyle for ‘picking winners’ 

    January 24, 2026

    Business secretary Peter Kyle has come under fire over his admission the government would be “picking winners” across the UK economy.  The former Gail’s and Pizza Express investor Luke Johnson hit out at Kyle’s “arrogance and equal measure” for comments on the Labour government’s approach to investment.  On Friday, Kyle spoke out about the government’s [...]

  • China could ‘veto’ US access to the world, Trump document says

    January 24, 2026

    China could “effectively veto” the US’s access to trading in the Indo-Pacific if the world’s second largest economy continues to build up its military forces, the Trump administration’s national defence strategy paper has said, putting Keir Starmer’s Chagos deal under intense scrutiny.  A document published by President Trump’s Department of War has described China as [...]

  • Rayner to back Burnham’s Westminster bid

    January 24, 2026

    Labour MPs will gather amid speculation that Andy Burnham could seek to stand for a Westminster by-election and challenge the Prime Minister’s authority, with former deputy prime minister Angela Rayner expected to support the Manchester Mayor’s potential bid to become an MP. The conference of Labour’s north-west England MPs will see former deputy prime minister [...]

  • Private sector bounces back but Reeves leaves hospitality reeling

    January 23, 2026

    The UK’s private sector expanded at the fastest rate in nearly two years in the first month of 2026 but the reeling hospitality sector was still feeling the crunch from Labour policy. The latest Flash Purchasing Managers Index (PMI) from S&P Global showed a major uptick in the all-important services sector, which is often seen [...]

  • Donald Trump hits JP Morgan and Jamie Dimon with $5bn lawsuit

    January 23, 2026

    President Donald Trump has JP Morgan and its top boss, Jamie Dimon, in a $5bn (£3.7bn) lawsuit following claims the banking giant debanked him for political reasons. Earlier this month, Trump blasted America’s biggest bank for “incorrect and inappropriately” discriminating against him after the President alleged JP Morgan stopped offering him services after the Capitol riots [...]

  • Prison porridge costs taxpayers £165m a year 

    January 22, 2026

    Porridge, baked beans and other prison food cost taxpayers a combined £165m a year, City AM can reveal, as questions around spending efficiencies loom over the Ministry of Justice.  The government has signed a blockbuster £826.7m deal with a leading catering distributor to supply food for prisoners and staff.  BFS Group, a subsidiary of South [...]

  • Wes Streeting: Progress on NHS delays as private insurance soars

    January 22, 2026

    Employer-provided health insurance coverage has reached a 30-year high, with 4.8m people now covered, as businesses ramped up employment benefits amid the NHS backlog. UK health insurers paid out a record £4bn in 2024, averaging £11m every day, according to new figures by the ABI. Despite NHS data showing that the waiting list fell by [...]

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