Burnham on Brexit: ‘Customs union, single market – or we could go all the way’ September 30, 2026 Andy Burnham has confirmed he is open to reversing Brexit and could push for Britain to rejoin the European Union after the next election, as he said all options are “on the table” for Britain’s future relationship with the bloc. The Prime Minister said on Wednesday Morning: “There are clearly options that need to be [...]
As it happened: FTSE 100 gives up gains as oil rises despite emergency release; UK GDP revised September 30, 2026 Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more
Aviation bosses confident Burnham won’t abandon third runway September 30, 2026 The aviation industry is confident that Andy Burnham won’t abandon the government’s flagship expansion of Heathrow, despite the Prime Minister and transport secretary distancing themselves from the megaproject at Labour conference. Several industry figures told City AM that ministers’ refusal to endorse the multibillion-pound third runway development was a sign Burnham had not yet evaluated [...]
Burnham opens door to rejoining EU as he rips into Brexit September 29, 2026 Andy Burnham said the forthcoming UK-EU summit will forge closer ties with the European bloc as he left the door open to a pledge to rejoin at the next election. The Prime Minister used his Labour party conference speech to tear into Brexit, claiming Britain had lost control of key areas such as immigration. He [...]
‘Uncharted territory’: UK economy facing shocks as diesel and borrowing costs surge September 28, 2026 The UK economy entered “uncharted territory” on Monday battling an assortment of financial pressures as fears intensified ahead of the next Budget. Diesel costs surged to a record high of 199.18p per litre marking the latest energy shock on the UK economy. Stations were registered as charging 199.18p per litre, according to the RAC. The [...]
Mark Kleinman: Joined-up government? Not on this evidence September 17, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Joined-up government? Not on this evidence How about this for joined-up government? The chancellor of the exchequer until a couple of months ago corralled the City this year into an expensive industry-funded campaign to promote the virtues [...]
Hospitality sector blasts Burnham’s uncapped tourist tax September 10, 2026 The hospitality sector has blasted proposals from Andy Burnham’s government to introduce a fresh tax on tourists. The industry has been left reeling after the government confirmed a new overnight levy on tourists that will have no upper cap. Regional authorities are set to be handed the power to introduce a levy to support regional [...]
Unleash growth or you’ll have to hike taxes even higher, FTSE 100 boss warns Healey September 8, 2026 The government must unleash growth in the forthcoming Budget or ministers will be forced to hike taxes even higher at future fiscal events, the boss of the largest player in the UK pensions market has warned. Andy Briggs, the chief executive of Standard Life, told City AM the UK’s ageing population leaves the Chancellor John [...]
Services sector cuts jobs for nearly two years under cost pressures September 3, 2026 Employment in the UK’s services sector dropped for the 23rd consecutive month in August as businesses maintained hiring freezes and trimmed headcounts following cost pressures. S&P’s latest Purchasing Managers Index (PMI) for the services industry – which is closely monitored by economists – revealed the sector has continued its longest continuous stretch of workforce reductions [...]
As it happened: Vodafone leads FTSE 100 rally after TV launch; oil jumps again September 3, 2026 Welcome back to the City AM liveblog. Telecoms giants Vodafone and Airtel Africa led a FTSE 100 rally on Thursday afternoon. Investors brushed off early losses caused by the steep sell-off in the the bond market. Two-year gilt yields, which gauges short term interest rate expectations, have jumped over 4.5 per cent, pushing up borrowing [...]