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      Scotland’s tax hike may have backfired as receipt falls

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Politics

  • Zack hits back – but I stand by what I said: The Green Party is dangerous

    March 19, 2026

    After yesterday’s column on Zack Polanski (“I wouldn’t vote for his party in a million years“) the Green Party leader hit back, suggesting a lack of compassion on my part. Being firmly of a free-market persuasion I’m used to having my motives questioned, but I stand by my view that Polanski’s economic policies (wealth taxes, [...]

  • Sadiq Khan urges Labour to back return to EU

    March 19, 2026

    Sadiq Khan has called for Labour to campaign for the UK to rejoin the European Union, days after Rachel Reeves delivered one of the most Europhile speeches since Brexit.  The London Mayor said his party should move beyond discussions about access to the single market or joining the customs union by 2030, and instead move [...]

  • Bank of England Live: Interest rates held in first unanimous vote in eight years

    March 19, 2026

    Welcome back to City AM‘s ongoing coverage of the interest rates decision. Interest rates have been held as rate-setters at the Bank of England warned the war in Iran could send prices spiralling as soon as April.  In the first totally unanimous vote in eight years, all members of the Monetary Policy Committee voted to [...]

  • Sun, money and missiles: The dilemma facing British lawyers in the UAE

    March 19, 2026

    The United Arab Emirates (UAE) ranks among the most popular international destinations for British lawyers, to say nothing of influencers, but has the Iranian war burst the bubble? Based on the latest reports from the Law Society and the Solicitors Regulation Authority (SRA) for 2025 and early 2026, there are around 500 to 700 English [...]

  • Zack Polanski’s economic agenda is dangerous…and popular

    March 19, 2026

    There was a time when the Green Party was all about recycling, rewilding and veganism, but these days the economy forms the centrepiece of their pitch to voters. Yesterday their leader, Zack Polanksi, set out his party’s economic vision and he started with a diagnosis. He said people feel like they’re “running every day just to [...]

  • ‘Panic mode’: FTSE 100 sinks as oil spikes on Iran’s energy threats

    March 18, 2026

    Markets were thrown into “panic mode” on Wednesday as the surging price of oil rattled global equities. The price of Brent crude – the international benchmark for oil – spiked as much as five per cent to $110 per barrel as energy facilities across the Gulf faced evacuation following the latest threats from Iran. The [...]

  • Badenoch says ‘strong woman’ should replace Starmer

    March 18, 2026

    Kemi Badenoch called for a “strong woman” to replace Sir Keir Starmer as Prime Minister after repeated refusals to answer whether he spoke to Lord Peter Mandelson before appointing him as ambassador to the US.  Badenoch attacked Starmer for deflecting questions about Mandelson, even as the Prime Minister’s spokesman confirmed last week that it was [...]

  • City fears Rayner’s rise as she warns Starmer that Labour is ‘running out of time’

    March 18, 2026

    Angela Rayner’s ascendancy to the Labour leadership has been flagged as a risk for public finances as the former deputy prime minister said the party was “running out of time”.  At a rally on Tuesday night, Rayner suggested that Labour was viewed as representing “the establishment” and said the party’s survival was “at stake”.  She [...]

  • Political comfort blanket masquerading as a growth strategy

    March 18, 2026

    Rachel Reeves has warned that we’ve entered “an age of insecurity” – and she wasn’t referring to Keir Starmer’s precarious grip on power. In declaring that “globalisation as we’ve known it is over” the Chancellor set out her response to this hard-edged new reality, focusing on regional growth, closer ties with the EU and a [...]

  • Reeves pledges ‘strategic state’ amid end of globalisation

    March 17, 2026

    Chancellor Rachel Reeves has promised to create an “active and strategic” state as she warned that “globalisation as we once knew it is dead”. In a flagship lecture at the Bayes Business School on her growth agenda, Reeves suggested the size of the state had been expanded since Labour took office as part of a [...]

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