Top Tory slams FCA ‘mission creep’ after misconduct rules expanded Business Shadow business secretary Andrew Griffith has slammed the UK financial watchdog for expanding rules on “non-financial misconduct”, which spans from bullying to harassment and violence. In a post on X the former city minister described the new regulations as “grade A mission creep”, as the Financial Conduct Authority (FCA) broadened their reach to apply to [...]
Badenoch: Welfare ‘fudge’ driven by ‘panic not principle’ Politics Kemi Badenoch has branded Labour’s welfare reforms a “fudge” that will fail to curb the government’s spiralling welfare bill on health and disability benefits. MPs are set to vote on work and pensions secretary Liz Kendall’s welfare bill aimed at getting more inactive Brits back into the national workforce by changing eligibility for personal independence [...]
Kemi Badenoch: I’ll only support welfare bill if government pledges no tax rises Politics Kemi Badenoch has said she would only support Labour’s welfare bill if the government pledges not to raise taxes further at the next budget. More than 100 Labour MPs had threatened to vote against the bill in its original form amid concerns over a reduction in personal independence payments to their constituents. The government has [...]
Tory MP Patrick Spencer denies sexual assault charges June 16, 2025 Conservative MP Patrick Spencer has denied two counts of sexual assault, alleged to have been committed at Soho’s exclusive Groucho Club. The MP for Central Suffolk and North Ipswich appeared at Westminster Magistrates’ Court on Monday where he confirmed his date of birth and full name before submitting a not guilty plea to the charges. [...]
Free Thinking: Mel Stride on Farage’s ‘fantasy’ economics and why Tories are different June 13, 2025 City AM's Opinion and Features Editor sits down with Shadow Chancellor Mel Stride for a very special episode of Free Thinking.
Conservatives defy claims the party is ‘dying’ with millions in fundraising June 10, 2025 The Tory party raised £3.4m in donations in the first quarter of 2025, surpassing all other parties’ fundraising efforts and defying claims the party was ‘dying’. In addition to short money – meaning taxpayer and electoral commission funding – the Tories received £5.5m in the three months to end March. In the last quarter of [...]
Businesses should dictate on burka ban, Badenoch says June 8, 2025 Conservative leader Kemi Badenoch has said employers should be able to decide if their staff can wear burkas in the workplace. Badenoch also said people who come to her constituency surgeries must remove their face coverings “whether it’s a burka or a balaclava”. Badenoch posted a video on X of part of her interview with [...]
Wise’s London listing snub shows the need for urgent City reform June 6, 2025 The loss of the primary listing of the fin tech Wise from London is another body blow to those seeking to reboot its fortunes as the international market where the best ideas find the best capital, writes shadow business secretary Andrew Griffith. Coming on the eve of London Tech Week it’s a real downer and [...]
Farage in power would be ‘very bad for this country,’ says Badenoch May 25, 2025 Kemi Badenoch has said it would be “very bad for this country” if Nigel Farage gained power, accusing the Reform UK leader of making empty promises that would unravel in government. The Conservative leader issued the warning as her party dropped to fourth place in Yougov’s latest polling, falling behind Labour, the Liberal Democrats and [...]
Liz Truss: UK’s shortest-serving PM rakes in the cash May 19, 2025 Liz Truss, the UK’s shortest-serving Prime Minister, has seen her earnings rise after leaving Number 10. The former PM has raked in £112,657 in the year to 31 March, 2025, through a business she and her husband set up. The figure is up from the £104,715 the firm reported in net assets during its prior [...]