Ten bold ideas to fire up the British economy August 13, 2026 City AM is about to take its traditional two-week break from printing the newspaper. Very French of us, I know. Don’t worry – the team’s not going anywhere and the website, app, newsletters and studios will continue to fire on all cylinders. But since this is the last Editor’s Letter I’ll pen before we fire [...]
Labour’s ‘chaotic’ zero-hour crackdown could cost firms £3bn per year August 12, 2026 Labour’s ‘chaotic’ crackdown on zero-hour contracts could cost businesses nearly £3bn every year, though firms have warned the real cost could spiral even higher. The cost of the new rules, which include offering guaranteed-hour contracts to flexible employees and paying workers for cancelled shifts, has been revealed in a government impact assessment. The reforms could [...]
Jonathan Reynolds’ industrial strategy is straight out of the 60s August 3, 2026 Jonathan Reynolds, the new business secretary, has set out a vision for publicly owned services, with private sector partnerships, still under public control – a baffling vision from some eccentric economic bestiary, says Eliot Wilson Andrew Murray Burnham has been in Downing Street for two weeks now. He promised – new Prime Ministers always promise [...]
Senior exec layoffs surge as firms brace for major employment law change July 8, 2026 Senior exec exits from top businesses have surged since the start of the year as firms quietly clear out highly-paid staff before fresh costs associated with the Employment Rights Act changes come into force. Law firms have seen a “massive uptick in inquiries” from top staff exploring their legal options after being told they face [...]
Zero-hour crackdown could wipe out seasonal work, Labour warned June 2, 2026 Labour has been warned that its controversial crackdown on zero-hour contracts could eradicate seasonal work and put even 20-hour contracts under threat. The government has said it could class 20-hour weeks as a low-hour contract and force firms to offer permanent terms after as little as 12 weeks of work. Retail and hospitality firms have [...]
Jobs crisis: UK unemployment to hit highest level in a decade June 2, 2026 Joblessness is set to hit its highest level in more than a decade as unemployment looks set to increase by 400,000 under the Labour government, according to a top business body. The British Chambers of Commerce (BCC) warns of a softening labour market, driven by falling vacancies and economic uncertainty, with unemployment projected to rise [...]
Workplace NDA ban may lead to more tribunals May 28, 2026 A government proposal to ban the use of non-disclosure agreements in cases of workplace harassment or discrimination may make it harder for disputes to be settled outside of tribunals. The proposal, ‘Make Work Pay’, which is open for consultation until 8 July and part of the recent overhaul of the Employment Rights Act, would ban [...]
David Lammy rejects higher pay rise for judges amid recruitment crisis May 26, 2026 David Lammy turned down an independent recommendation for a higher judicial pay increase, instead approving a 3.5 per cent rise amid government efforts to tackle recruitment challenges for senior judges. The Senior Salaries Review Body (SSRB) report, published last week, recommended a 3.8 per cent pay increase across the judiciary, estimated to cost taxpayers around [...]
Next boss slams Labour’s zero-hour contracts crackdown May 26, 2026 The boss of Next has slammed the government’s crackdown on zero-hour contracts and called on Labour to unwind its “employment taxes”. Lord Simon Wolfson, chief executive of the FTSE 100 retailer, said the government’s plans to force employers to offer guaranteed hours to those on flexible contracts will make it “much harder” for Next to [...]
Collective redundancy reforms could saddle firms with ‘perpetual’ bureaucracy May 25, 2026 The government has been warned against law changes on collective redundancy which businesses say could swamp bosses in more costs and bureaucracy. As part of Labour’s Employment Rights Act, the government is set to require businesses to undertake a consultation of the entire firm whenever they make a certain number of redundancies. Under existing rules, [...]