‘Good growth in every postcode’ is a woeful catchphrase August 10, 2026 Burnham and co's bid to 'back British' and generate 'good growth' everywhere is a bid to fool voters with their own money, writes Eliot Wilson.
No 10 backs ‘vertical drinking’ in Soho pubs August 7, 2026 Downing Street has waded into the debate over so-called “vertical drinking” and called on Westminster City Council to “work with” the industry to maintain the culture of pints outside London pubs. “Busy pubs full of people talking to each other is not a public nuisance, it is British life and it is thousands of jobs,” [...]
Investors ‘may be less than impressed’ by John Healey’s £9bn borrowing plans August 5, 2026 Investors may be “less than impressed” by John Healey’s plans to increase borrowing by £9bn a year to take stakes in assets such as infrastructure, analysts have warned. On Tuesday evening, it was reported that the new Chancellor and Treasury ministers were working on a proposal to deploy billions in the direction of infrastructure, housing [...]
Citi boss fires warning at government over banking tax August 5, 2026 The boss of Citigroup has warned the government that “money votes with its feet” and there are “very viable” alternatives to London should Andy Burnham decide to hit the banking sector with higher taxes. Dame Jane Fraser, a Scot credited with turning around the third largest bank in the US, said she was “concerned” at [...]
As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally August 4, 2026 Welcome back to the City AM FTSE 100 liveblog. The price of oil tumbled on Tuesday afternoon after a senior Trump ally said that a deal over control of the Strait of Hormuz could be agreed with Iran in the coming days. The price of Brent crude – the international benchmark for oil – tumbled [...]
What are we to make of John Healey? Time will tell. August 4, 2026 Who exactly is in charge of this government’s economic policy? In a bid to find out, I’ve tasked two of our journalists to hit the phones, mooch around the bars of Whitehall and track down Westminster’s new power brokers. I’ll let you know what we find out, but he fact that the answer to this [...]
Retailers hit back at Healey’s ‘profiteering’ threat August 3, 2026 Retailers have hit back at the Chancellor’s warning against profiteering, saying they will prove they have fought hard to keep food prices down during the Iran war. Chancellor John Healey said at the weekend that the Treasury is prepared to crack down on any retailers which are taking Brits “for a ride” by using the [...]
Healey revives ‘price-gouging’ threat as cost of living options narrow August 2, 2026 Chancellor John Healey has revived threats against retailers over profiteering as his cost of living options have narrowed due to problems facing the country’s public finances. Healey warned supermarkets that they would not be able to take Britons “for a ride” as the Treasury would closely monitor “any suggestion” that shoppers were suffering from large [...]
Healey announces early Budget July 31, 2026 John Healey has confirmed he will deliver his first Budget on 28 October as he pledged to “shift power and money out of Westminster”. The Chancellor said on Friday that his first fiscal statement would “back Britain’s communities” setting the stage for a Budget that economists have predicted will be the country’s third in a [...]
As it happened: Stocks reach new record as investors shrug off Iran war fears July 31, 2026 Welcome back to the City AM liveblog. It’s Friday morning and the FTSE 100 has opened into the green, following two consecutive days of record gains for the blue-chip index. London’s blue-chip index was up as high as 0.7 per cent in early trading to 10,971.88p, “The FTSE 100 tested new record highs on Friday morning as [...]