Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      UK government borrowing overshoots expectations on day Burnham elected

      Westminster Houses of Parliament under clear sky, iconic London landmark representing UK government and politics

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Prem Rugby needs to switch up its calendar to stop final being banished to fringes

      GettyImages 2220159051 showing a significant news event with key figures discussing major topics in a formal setting

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • City AM Puzzles
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      VW Golf R 2026 long-term review: Final verdict on a classic hot hatch

      Volkswagen Golf parked on a city street showcasing sleek design and modern features in an urban environment

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide

asylum hotel

  • ‘Cracks are showing’: Asylum contract deadline pushed back as pressure on Labour grows

    Politics

    The Home Office has pushed back a crucial deadline for private sector companies to bid for a key asylum accommodation contract, piling pressure on the government to see through its effort to reform the wider immigration system. A deadline for businesses to engage the Home Office on a new contract for managing asylum accommodation has [...]

    Shabana Mahmood discusses asylum policy amid political row on immigration issues
  • Defence boosts Serco amid asylum hotel decline

    Politics

    Government defence contracts helped Serco deliver a higher profit in 2025 despite a drop in the use of migrant hotels, once a key revenue stream for the London-listed company.  Serco, an outsourcing company that covers government work on everything from migrant hotels to waste collection, was boosted by higher state expenditure both in the UK [...]

    Breaking news concept with digital world map and headlines, representing global information flow and real-time updates
  • Profit slashed at billionaire’s asylum accommodation empire

    Business

    Profit at one of the Home Office’s providers of asylum accommodation has been slashed in half during its latest financial year, it has been revealed. Clearsprings Ready Homes, which is run by ‘asylum king’ Graham King, has posted a pre-tax profit of £58.7m for the 12 months to 31 January, 2025. That total is down [...]

    GettyImages 2239926774 captures a dynamic business meeting with diverse professionals discussing corporate strategy at a m...
  • Ministers brace for fresh protests and legal battles after asylum hotel ruling

    August 30, 2025

    Keir Starmer has been warned by a Labour grandee that voters will continue to shift to Reform UK unless decisive action is taken to address the migrants crisis. The government won a Court of Appeal challenge against an an injunction which would have seen asylum seekers moved out of the Bell Hotel, Epping, but ministers [...]

Trending Articles

  • As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

  • Revolut pays compensation for waking customer up with push notifications

  • City investors raise alarm on Burnham’s Chancellor pick

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited