Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’ April 29, 2026 Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026. The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn. This was also followed up by an upgrade to its [...]
‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain April 17, 2026 Bond traders are bracing for the prospect of a surge in gilt yields as uncertainty over the future of Keir Starmer’s term in office could pave the way for a more left-wing successor. A Starmer defenestration could be just weeks away amid renewed scrutiny over the botched appointment of Peter Mandelson as Washington ambassador and [...]
Ministers working with backbenchers amid immigration overhaul concerns April 5, 2026 Ministers concerned with home secretary Shabana Mahmood’s immigration changes are working with backbenchers concerned about planned immigration crackdowns. Figures within government are trying to help rebel MPs secure more exemptions from reforms being spearheaded by Home Secretary Shabana Mahmood, according to The Guardian newspaper. The changes are aimed at extending the amount of time migrants [...]
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 [...]
Reeves urged to cut bank tax as UK competitiveness lags February 25, 2026 Rachel Reeves is facing renewed calls to cut tax on the banking sector after new bombshell research laid bare the competitive disadvantage UK lenders are battling against. The Chancellor spared banks from a highly-anticipated fresh tax raid in the Autumn Budget but a new report – penned by the Association for Financial Markets (AFME) and [...]
Greene King weighs job cuts as pub sector braces for cost squeeze February 15, 2026 Greene King is preparing to cut around 100 roles as Britain’s second-largest pub operator reviews its cost base against a backdrop of rising taxes and mounting pressure across the hospitality sector. The brewer and pub group, which operates roughly 2,600 sites across the UK, is understood to be assessing changes to its head office and [...]
Angela Rayner and Andy Burnham criticise pub tax raid February 12, 2026 Two prominent potential leadership challengers to Sir Keir Starmer have attacked the government’s tax regime for putting hospitality businesses, and particularly pubs, under serious pressure. Angela Rayner acknowledged that the hike to the minimum wage has put pressure on hospitality businesses, and said that the government needs to “start relieving” the sector. Starmer’s former deputy [...]
Starmer only cares about victims ‘to save his skin’, Badenoch blasts February 11, 2026 Sir Keir Starmer faced a brutal grilling at Prime Minister’s Questions on Monday where Kemi Badenoch accused the Prime Minister of only caring about victims of sexual abuse “to save his skin”. In a fiery exchange that was highly party-political but light on policy, the Labour leader said he had “accepted responsibility and apologised for [...]
Brace yourself for the chaos that will follow Starmer’s departure February 10, 2026 Anas Sarwar is not a name often seen in the pages of City AM but he’s earned his place after yesterday’s hastily announced press conference in which he called for Keir Starmer to resign as Prime Minister. Prior to his intervention there had been radio silence from Starmer’s Cabinet ministers, not one of whom had [...]
Union bosses call for another workers’ rights push amid Labour turmoil February 8, 2026 Union bosses are capitalising on the turmoil across the Labour party leadership to push for another major workers’ rights shakeup as Prime Minister Keir Starmer tries to fend of a rebellion from the left. The government is being urged to go beyond its manifesto commitments and hand all workers the right to guaranteed hours – [...]