FTSE 100 Live: Stocks to fall as Hormuz strikes revive security threat; Asian markets hit by tech sell-off after Apple price hike
I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
From stamp duty to the triple lock, Andy Haldane says bold Burnham leadership can usher ‘vibe change’ for UK economy Politics Andy Haldane is pressing for a radical shake-up of the UK’s tax and wider economic systems as he heaped praise on the Prime Minister-to-be Andy Burnham for having the potential to bring a “change in vibe” across Britain. Haldane, who is advising Burnham on economic policies and growth, urged the country’s next leader to be [...]
Barclays and Lloyds join banking sector plan for digital ID Banking Barclays and Lloyds are among a group of top UK lenders working on a plan that would see customers able to use digital identification tools in their banking app. The collective of banks – which also includes HSBC, Nationwide, Natwest and Santander – are working with industry body UK Finance on a process where users’ [...]
‘I have more to do’: Reeves campaigns for Chancellor role under Burnham Politics Rachel Reeves said she has “more to do” as Chancellor as she pitched staying in her job to business leaders despite speculation she will be dumped from the role by Andy Burnham. Reeves said she had brought “stability” to the UK economy and added she was “proud” of her record on inflation and growth. The [...]
As it happened: Stocks higher as oil price sinks; Reeves makes bid to stay as Chancellor June 25, 2026 Welcome back to the City AM liveblog. The price of oil is heading lower this morning as the outlook around the Strait of Hormuz improves. Brent crude – the international benchmark for oil prices – tumbled below $73 per barrel, extending losses for a fourth consecutive session. These moves helped wipe out all the gains [...]
BCC’s Haviland: Burnham must make growth his number one priority June 24, 2026 Andy Burnham must place economic growth at the heart of his premiership and promise to bring down costs for businesses if he wants the Labour party to win back the trust of the private sector, the boss of Britain’s largest industry body will say. In a speech at the British Chambers of Commerce’s annual conference, [...]
Starmer defends ‘treacherous’ Reeves and Miliband despite Badenoch jibes June 24, 2026 Sir Keir Starmer jumped to the defence of senior Cabinet ministers Ed Miliband and Rachel Reeves despite brutal attacks by the Tory leader Kemi Badenoch. In one of his last Prime Minister’s Questions, Starmer defiantly stood by the Chancellor, who sat on the front bench alongside him, and praised her for “breaking from austerity” and [...]
The Debate: Should the resignation of the Prime Minister trigger a general election? June 24, 2026 As prime ministerial resignations have accelerated, so too have calls for consequent snap elections. We explore the pros and cons.
Burnham coronation closer yet Starmer ally raises alarm on borrowing June 24, 2026 Andy Burnham’s path to Downing Street has been all but cleared after Darren Jones ruled out entering a leadership race, spilling over to further speculation over the look of the next government’s Cabinet. Jones, a close ally of Sir Keir Starmer, was rumoured as a potential challenger to Burnham but the chief secretary to the [...]
Georgia PM’s Starmer outburst over City AM sanctions scoop June 24, 2026 The Prime Minister of Georgia has launched a bizarre attack on the UK government after City AM revealed that consumer giant P&G had axed its advertising with the country’s biggest media group – and Nestle may soon follow suit. Prime Minister Irakli Kobakhidze described the decisions, which came in the wake of sanctions applied by [...]
Starmer to give Burnham access to government June 23, 2026 Sir Keir Starmer is set to hand Andy Burnham access to the civil service “as soon as possible”. After announcing his resignation, Starmer is preparing for a transition in government over the next four weeks. A government spokesperson confirmed that Burnham and other prospective Prime Ministers would be able to engage with senior civil servants [...]