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    • Featured

      HMRC ‘flying blind’ on over 1.2m tax demands after failing to track error rates 

      HMRC overcharged pensioners thousands

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Politics

  • Khan praises Queen’s ‘tremendous service’ as capital kicks off Jubilee celebrations

    June 2, 2022

    The Mayor of London Sadiq Khan has hailed the “tremendous service” of the queen today and welcomed a tourism boost in the capital as London kicks off Platinum Jubilee celebrations. 

  • Johnson’s ethics chief threatens to resign over possible breaches of ministerial code

    June 1, 2022

    Boris Johnson has written to his ethics chief rebuffing suggestions that he broke the ministerial code after the adviser threatened to quit over the 'partygate' scandal.

  • Raab: Number of no confidence letters submitted “pretty far off” 54 needed to trigger Boris vote

    June 1, 2022

    Press Association The Deputy Prime Minister has said he believes the number of letters which have been submitted to Sir Graham Brady is “pretty far off” the required amount needed to trigger a confidence vote. Speaking to Times Radio, Dominic Raab said: “First of all, you said that there were 30 MPs who have been [...]

  • UK watchdog tells police and prosecutors to stop collecting excessive data on rape victims

    May 31, 2022

    The UK data watchdog has called on the criminal justice sector to immediately stop collecting excessive amounts of personal information from victims of rape and serious sexual assault cases.

  • Cutting the fast stream won’t speed up renewal of the civil service

    May 31, 2022

    There are many problems with Britain’s civil service. It is clunky, bureaucratic, probably too large, oftentimes unable to keep up with technological advances and has an institutional bias towards expanding, rather than reducing, its remit. One of its many problems is not, however, the fast stream – a program designed to elevate smart young graduates [...]

  • Treasury unveils plans for stablecoin insolvency regime led by Bank of England

    May 31, 2022

    The Treasury has today unveiled plans for an insolvency regime for stablecoins as it looks to safeguard against the type of crash that saw terra shed almost all of its value this month.

  • UK will not diverge far from EU in Brexit rules bonfire, says Treasury official

    May 31, 2022

    The Treasury’s chief of financial services looked to play down the severity of the UK’s planned post-Brexit bonfire of financial regulation today, saying the EU’s financial rules shared the same goals and were designed in part by UK lawmakers.

  • Partygate: Minister says people want ‘professionalism and competence’ from government

    May 31, 2022

    Brits need to see the government display “professionalism and competence” in the wake of the partygate scandal, trade minister Penny Mordaunt has told City A.M. Mordaunt, who was touted in January as a potential future Tory leader, said “the really essential issue [about the Gray report] is about our ability to restore trust” and to [...]

  • Exclusive: ‘Covid killed more people than all other catastrophes in the past half century,’ says climate sceptic Bjorn Lomborg

    May 31, 2022

    Bjorn Lomborg is President of the Copenhagen Consensus and Visiting Fellow at Stanford University’s Hoover Institution. Below he shares his views on the latest UN climate report in a UK exclusive for City A.M. A new United Nations report has revealed the disturbing news that the number of global disasters has quintupled since 1970 and will increase by [...]

  • UK unveils long-awaited corporate reporting and audit reforms

    May 31, 2022

    The UK has unveiled its long-awaited audit regime overhaul, with the government announcing a new regulator to ensure oversight of the largest private companies. The Financial Reporting Council will be replaced by the new Audit, Reporting and Governance Authority (ARGA), funded by a new levy on industry, which will have oversight of unlisted companies with [...]

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