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      Bank of England to hold interest rates as oil price surge threatens UK economy

      Bank of England building on Threadneedle Street, London, showcasing its historic architecture and financial significance

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ethics

  • Starmer refuses to say he’ll sack Rayner if she broke ministerial code

    Politics

    Keir Starmer has refused to confirm that he would sack Angela Rayner as housing secretary – and deputy PM- even if the government’s ethics adviser finds that she has broken the ministerial code.  In an interview with the BBC, Starmer said he would “make a decision on what I see” in a report expected to [...]

    Angela Rayner's Employment Rights Bill
  • To be useful to business, in-house lawyers must be critical

    An in-house lawyer can be a business's best friend, but only if they're willing to be critical, writes Dr Jim Baxter.

    LONDON, ENGLAND - FEBRUARY 16: A statue of the scales of justice stands above the Old Bailey on February 16, 2015 in London, England. (Photo by Dan Kitwood/Getty Images)
  • AI adoption at UK banks lags behind US rivals 

    Banking

    UK banks are playing catch up to their US and European counterparts on AI adoption, new research has revealed. Evident Insight’s latest Responsible AI Report showed US banks led the way for AI specialists, with 20 positions alone at JPMorganChase – three times the average lender. Co-founder and co-chief executive of Evident Insights Alexandra Mousavizadeh [...]

    Motor finance gave City a major stock boost on Monday.
  • UK banks differ from US on AI strategy

    February 20, 2025

    Banks in the UK are more likely to focus artificial intelligence (AI) strategy on improving customer experience compared to their US rivals, a new report has revealed.  NTT Data’s ‘Intelligent Banking in the Age of AI’ found 52 per cent of UK banks were using AI to enhance customer services, rather than cut jobs. This [...]

  • Ministerial freebies rules tightened – but Starmer stops short of banning gifts

    November 6, 2024

    Keir Starmer has tightened up the rules on ministers accepting freebies, according to new guidelines, but stopped short of banning gifts and hospitality. An update to the government’s ministerial code published today included new advice for ministers who accept freebies and hospitality, which took a tougher stance than the previous document. The new code states: [...]

  • The Notebook: Is Wapping the best place in London?

    September 11, 2024

    With its cobbled streets, unspoiled apartment blocks and tall warehouse conversions with painted shutters, Wapping is a vision of a Victorian past.

  • The Debate: Should B Corps cut ties with fossil fuel companies?

    July 25, 2024

    City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with fossil fuel companies? Is it delusional to pretend that fossil fuel companies meet the B Corp standards, or is it unrealistic to shun companies like [...]

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  • As it happened: Stocks jump as oil drops below $100; Trump in tariff blitz

  • Sky and ITV mount defence of £1.6bn merger as regulators probe deal

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