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Politics

  • Exclusive: Corbyn and Sultana’s Your Party UK Ltd to be deleted

    January 27, 2026

    Jeremy Corbyn and Zarah Sultana’s Your Party is set to be wiped off an official register, City AM can reveal.  The two former Labour politicians, who are both listed as directors of the party on Companies House, have tussled for control while the launch of the party last year has been dogged by questions over [...]

  • £300m tax relief for pubs ‘a sticking plaster’

    January 27, 2026

    Chancellor Rachel Reeves has unveiled a £300m package to support to pubs in their battle against rocketing business rates after widespread backlash to Budget announcements, representing yet another government U-turn on tax plans. The Treasury has announced it will give pubs and music venues a 15 per cent discount on business rates bills from April [...]

  • Exclusive: George Osborne family business pays out nearly £1m despite losses

    January 27, 2026

    George Osborne’s family has received nearly a million pounds in payments from a wallpaper company that has continued to file losses, official accounts show.  The former UK Chancellor is slated to have made up to £877,000 alongside his parents and a finance officer working at Osborne & Little, the family-owned wallpaper business which has existed [...]

  • Starmer under fire over China trip amid phone-hacking revelations

    January 27, 2026

    Keir Starmer is under fire over his a trade-focused trip to China this week as further reports of espionage emerged.  Chinese officials are believed to have hacked the phones of key government officials, according to The Telegraph.  Hackers targeted top aides to UK prime ministers including Boris Johnson, Liz Truss and Rishi Sunak, intelligence sources [...]

  • Starmer caps ground rents after fears of Rayner-led rebellion

    January 27, 2026

    Sir Keir Starmer has introduced a cap on ground rents following fears of an MP rebellion led by the former deputy Prime Minister Angela Rayner. The Prime Minister announced the new move – which will cap ground rents at £250 a year for leaseholders in England and Wales – on TikTok, saying it will “make [...]

  • FTSE 100 Live: HSBC carries blue-chips; Starmer eyes China trade

    January 27, 2026

    Good morning and welcome back to the City AM liveblog. Gold’s magnificent rally was continuing on Tuesday morning after breaking through the $5,100 mark for the first time. The flurry to safe haven assets notched up after Trump threatened Canada with 100 per cent tariffs if the country “made a deal with China”. Last week [...]

  • Andy Street: Conservatives can beat Reform with centre-right policies

    January 26, 2026

    The Conservatives can beat Reform UK if it leans into pro-business policies put forward by a new centre-right group, former Birmingham mayor Andy Street has said.  Street said his new political group co-founded with former Scottish Conservatives leader Baroness Davidson – and backed by dozens of former Cabinet ministers and policy officials – can help [...]

  • Jobless graduates claiming benefits totals 700,000, report says

    January 26, 2026

    The number of unemployed graduates claiming benefits now totals 700,000, a new report has estimated, with blame being laid on the UK education system’s “obsession” with getting young people into university.  Fresh analysis by the Centre for Social Justice (CSJ) has found the number of jobless graduates receiving welfare support was nearing three quarters of [...]

  • Suella Braverman defects to Reform UK

    January 26, 2026

    Former home secretary Suella Braverman has defected to Reform UK, the latest transfer from the Conservative benches to Nigel Farage’s party. Braverman, a former Tory leadership contender, had been a critic of policy positions held by the Tories. She was not a member of Kemi Badenoch’s shadow cabinet. The total number of Reform MPs is [...]

  • Donald Trump ushers in 2026 with series of white-collar pardons

    January 26, 2026

    US President Donald Trump has pardoned or reduced the sentences of 10 people convicted of fraud and other white-collar crimes over the past 10 days. Out of the 21 clemency grants Trump has issued since 15 January, 10 were for people convicted of fraud and white-collar crimes, according to the Financial Times. This follows his [...]

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